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Most Retail Crypto Investors Lost Money Over the Last 7 Years, According to BIS Analysis
21.2.2023
According to data from the Bank for International Settlements (BIS), published in the latest BIS Bulletin No. 69, researchers assessed that, on average, most users lost money on their investments over the past seven years. Onchain data, metrics from exchanges, and cryptocurrency application...
Retail Crypto Investors in Emerging Economies Hit Hardest by FTX, Terra Collapses: BIS
20.2.2023
Over $450 billion vanished from the crypto market following the collapse of Terra's coins in May 2022 and another $200 billion was lost following FTX's bankruptcy in November 2022, the report said
Cyber Criminals Target Crypto Investors with New Malware – Here's What You Need to Know
19.2.2023
Hackers and cybercriminals have been targeting crypto investors with two new malware threats that scout the internet for unwary investors to steal their funds.
According to a recent report by anti-malware software Malwarebytes, two new cybersecurity threats, which include recently discovered...
Crypto investors under attack by two new malware, reveals Cisco Talos
18.2.2023
Since Dec. 2022, the two malicious files — MortalKombat ransomware and Laplas Clipper malware threats — have been actively scouting the Internet for stealing cryptocurrencies from unwary investors
Crypto investors spent $4.6B buying 'pump and dump' tokens last year
17.2.2023
Nearly 10,000 tokens launched on BNB and Ethereum last year are suspected to have been created just to dump on investors, according to Chainalysis
DeFi exploits and access control hacks cost crypto investors billions in 2022: Report
13.2.2023
Cyber criminals used a variety of methods to siphon funds through hacks and exploits in 2022, amounting to over $2.8 billion in losses
Bulgarian Businessman Loses Half a Million Dollars to Call Center Crypto Fraud
6.2.2023
A Bulgarian investor has lost a large amount of money to fraudsters who convinced him he was putting cash into cryptocurrency. The scam operated through a call center in what is becoming an established scheme for extracting money from victims lured with promises of quick profits on stock and crypto...
Tax strategies allow crypto investors to offset losses
4.2.2023
Reporting cryptocurrency when filing taxes can help investors offset their losses
Crypto Investors Can Purchase Bankruptcy 'Put Options' to Protect Funds on Binance, Coinbase, Kraken
1.2.2023
Investors can purchase the options to protect their funds on Binance, Coinbase and Kraken for a monthly fee and will receive full payment if the centralized exchanges file for bankruptcy locking up their crypto
Crypto Association in Turkey Vows to Block Exchanges That ‘Victimize Traders’
29.1.2023
A new organization has been established in Turkey with the aim to monitor and help develop the country’s crypto sector, local media reported. Its first task will be to address recent problems with some cryptocurrency exchanges and boost confidence in the industry as a whole. New Entity to Deal With...
Binance Garnered Largest Market Share of Crypto Investors From Emerging Markets in 2022
20.1.2023
A CryptoCompare report found that as inflation surged worldwide, the crypto exchange giant attracted the largest number of retail investors from countries facing high inflation
Hungarians Interested in Investment Potential of Cryptocurrencies, Poll Shows
15.1.2023
A survey has indicated that Hungarians would like to learn more about the long-term investment opportunities presented by cryptocurrencies. However, associated risks and insufficient information in their native language are major concerns, according to the polled. Hungarians Want to Know How Crypto...
US Arrests ‘Mutant Ape Planet’ NFT Creator in $3M ‘Rug Pull’ Scheme to Defraud Crypto Investors
11.1.2023
The U.S. government has arrested and charged the creator of “Mutant Ape Planet” non-fungible tokens (NFTs) for allegedly defrauding crypto investors. “The purchasers were ‘rug pulled,'” the Department of Justice (DOJ) described, adding that millions of dollars...
Macroeconomic data points toward intensifying pain for crypto investors in 2023
6.1.2023
Chances of a crypto bull market in 2023 decrease as the Fed maintains a hawkish stance and threats of a recession in the U.S. economy continue to appear
New research indicates boomers make better crypto investors
31.12.2022
Boomers do significantly more research before investing in cryptocurrency than their younger counterparts, which puts them in a stronger position
Crypto investors sue Winklevoss twins over interest accounts on Gemini
28.12.2022
Plaintiffs have alleged that the products have not been registered, which prevented them from receiving disclosures to better assess the risks of using Gemini Earn
Crypto investors sue Winklevoss twins over interest accounts on Gemini
28.12.2022
The plaintiffs allege that the products were not registered, which prevented them from receiving disclosures to better assess the risks of using Gemini Earn
US Government Delays Tax Reporting Rules for Cryptocurrency Brokers
25.12.2022
The enforcement of a requirement for brokers to report gains made by crypto investors has been postponed by the U.S. Treasury Department and the IRS. The new tax rules, incorporated into the $1 trillion infrastructure bill passed by the U.S. Congress in 2021, were to be imposed in 2023. Crypto...
Next-gen P2E platform Rate That Crypto (RTC) will make crypto investors big gains in 2023
21.12.2022
Opportunities in blockchain technology abound, which is most evident in the current market state. Emerging cryptocurrencies are stealing the spotlight with innovative projects. Memes, trends, and phrases abound in the cryptocurrency market. The emergence of meme coins and game tokens has recently...
350 new 'scam tokens' were created every day this year: Solidus Labs
19.12.2022
From September 2020 to Dec. 1 over 200,000 scam tokens were created with well over half of those deployed this year