The United Kingdom’s National Fraud Intelligence Bureau (NFIB) may be “ill-equipped to handle crypto crimes against UK residents,” according to one resident who was a victim of crypto fraud. The victim, Martin — a British national who spoke to Cointelegraph on the condition that his full identity be redacted — claims that he lost approximately…
The digital asset market is bracing for the release of nearly $900 million in vested tokens in February, with projects like Avalanche, Aptos and The Sandbox leading the charge. Crypto vesting is the process of locking down digital assets for a predetermined time before the holders can fully access or transfer them from their wallets. The practice…
Solana’s native token, SOL, has experienced a 9.8% decline between Jan. 30 and Feb. 1, failing to break above the $104 resistance for the fifth time in four weeks. When considering a longer time frame, SOL dropped by 10.7% in 30 days, while Ether and BNB traded down 1.2% and 2.6%, respectively, during the same period. This leads…
The marketing around the recelty approved spot Bitcoin exchange-traded funds will lead to more capital flowing directly into Bitcoin than that flowing into the ETFs, according to Swan Bitcoin CEO Cory Klippsten. He calls this phenomenon “The ETF multiplier effect.” “Because of the existence of the ETFs and the credibility of these large financial firms…
Crypto enthusiasts in China are more willing to invest heavily in cryptocurrency than their counterparts in Vietnam, South Korea, Taiwan and Thailand. This is according to a December 2023 report by Vietnamese venture capital firm Kyros Ventures, with the assistance of 10 media agencies from China, Thailand, Korea, Taiwan and Vietnam. In the 5,268-participant survey, more than…
Bitcoin Drivechain proponent Paul Sztorc believes the growing mainstream acceptance of BTC will drive a need for greater scalability and functionality of its infrastructure. In a wide-ranging interview with Cointelegraph, Sztorc touched on the advantages and drawbacks of the high-profile approval of Bitcoin exchange-traded funds (ETF) in the United States and the long-term implications of institutional…