Kanye West, aka Ye, says he rejected a $2 million offer to promote a cryptocurrency scam, which involved posting a fraudulent promotion and later claiming his account was hacked. Kanye West, who now goes by Ye, says he rejected a $2 million offer to participate in a crypto scam. The scheme allegedly involved him posting…
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Crypto app founder Firoz Patel will serve three and a half years in a US prison for hiding 450 Bitcoin after being sentenced for money laundering. A US judge has sentenced a Canadian crypto payments app founder to another three and half years in jail for trying to conceal the 450 Bitcoin he was ordered…
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Scammers have been connecting to Phantom wallets in an attempt to lure users with a fake update extension signature request. Phishing scammers are targeting users of the Solana-based crypto wallet Phantom by attempting to steal private keys through pop-ups that spoof legitimate update requests. Web3 scam detection platform Scam Sniffer posted to X on Feb. 6 to…
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Analysts speculate that rising Ether outflows from crypto derivatives exchanges are bullish, as they may lead to reduced selling pressure and closed leverage positions. The amount of Ether being taken off crypto derivatives exchanges has reached the highest level since August 2023 — a signal analysts interpret as positive for Ether’s price. On Feb. 6,…
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Stablecoin issuer Tether is developing a number of AI apps such as AI Translate, AI Voice Assistant and AI Bitcoin Wallet Assistant. The world’s largest stablecoin issuer, Tether, is venturing deeper into artificial intelligence with a number of AI applications in development, according to the firm’s chief executive. Tether’s AI division, Tether Data, is developing…
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Bitcoin may see a “decisive price move” in the near term, and while short-term volatility may continue, the long-term view “remains positive,” say analysts. Bitcoin could be headed for a “decisive price move” in the coming weeks as the US decides on its next Bitcoin move, amid other macroeconomic developments. Some analysts anticipate that direction…
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Creating a national stockpile of Bitcoin or cryptocurrency would turn any crypto held by the government into a “political weapon,” Maelstrom’s Arthur Hayes said. A Bitcoin strategic reserve in the US could be a “net negative” for the industry, as it could be used as a “political weapon” and even reversed if Democrats win the…
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Institutional investors remain wary of crypto trading, according to a JPMorgan survey. More than 70% of respondents to a JPMorgan e-trading survey for institutional traders said that they were not planning to trade crypto this year. “The majority of traders have no plans to trade crypto or digital coins,” according to the Wall Street giant’s January survey…
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Crypto traders say the market has “lost all sense of logic” and is now “confusing just about every investor” despite pro-crypto moves by the US government. The crypto market isn’t following the same old patterns anymore — and it’s throwing crypto traders off. “The market is totally cooked,” pseudonymous crypto trader Sykodelic said in a Feb. 4…
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Blockchain games won’t reach mass adoption without Xbox and PlayStation, mini-shooter Blast Royale game review, and more. Blockchain games will never reach mass adoption without Xbox and PlayStation, claims Moonray Studios CEO Rodrigo Etcheto. “The majority of gamers are found on platforms such as Playstation, Xbox and Steam. To onboard gamers to Web3, you need…
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