Crypto News Center

Cleveland Man Loses $400,000 in Apple Support Scam

By Mark Hunter 5 days agoFri Nov 29 2024 10:51:33 Reading Time: 2 minutes Federal authorities recently seized nearly $1 million in cryptocurrency linked to a scam that defrauded an elderly Ohio man of his life savings The victim was deceived by fraudsters posing as Apple support representatives, who gained remote access to his computer The funds were seized and are in the process of being returned to the victim...

Pump.fun Blocks UK Users After Regulator Warning

By Mark Hunter 16 hours agoMon Dec 09 2024 10:58:59 Reading Time: 2 minutes Pump.fun has restricted access to UK users following new Financial Conduct Authority (FCA) regulations The platform cites compliance with the FCA’s crypto marketing rules as the primary reason for this decision UK traders have criticized the sudden ban, highlighting the growing tension between crypto platforms and regulators Popular Solana memecoin launchpad Pump.fun has banned UK users...

German govt runs out of BTC as Bitcoin eyes daily close above $58,000

German govt concludes 23-day Bitcoin sale, potentially easing market pressure. Key Takeaways German government sold last 3,846 BTC, concluding 23-day process of liquidating seized assets. Bitcoin approaches key resistance levels after rebounding to $58,000 following recent pullback. The German government emptied its Bitcoin (BTC) wallet after moving the last 3,846 BTC to addresses tied to Flow Traders and an over the counter (OTC) service, accordin g to on-chain data platform...