Connecticut State Police have successfully recovered approximately $180,000 for a local resident who fell victim to a cryptocurrency scam known as “pig butchering.” The scam involved fraudsters building a relationship with the…
Republicans Push to Repeal DeFi Tax-Reporting Rule
Republican lawmakers, led by Sen. Ted Cruz and Rep. Mike Carey, are advocating for the repeal of a tax-compliance rule that requires DeFi platforms to report transactions to the IRS. They argue…
DeFi Total Value Locked (TVL) Reaches $192 Billion in 2024
The DeFi sector has seen a significant recovery, with Total Value Locked (TVL) reaching $192 billion in 2024, marking the highest level in 15 months. This growth indicates renewed interest and confidence…
Synthetix Acquires Kwenta to Strengthen DeFi Ecosystem Control
Synthetix has acquired Kwenta, aiming to regain front-end control and unify strategic goals within its ecosystem. This move is intended to streamline product development and enhance alignment across the platform.
How to Secure Your Cryptocurrency from Hacks & Scams
Tip 1: Use hardware wallets (Ledger, Trezor) for long-term storage.Tip 2: Enable 2FA (Two-Factor Authentication) on exchanges and wallets.Tip 3: Never share your private keys or seed phrases.Tip 4: Avoid phishing scams…
How to Earn Passive Income with Crypto
Option 1: Staking – Lock your crypto to earn rewards (ETH, ADA, SOL).Option 2: Yield Farming – Provide liquidity in DeFi protocols.Option 3: Lending & Borrowing – Lend your crypto for interest.Option…
How to Buy Your First Cryptocurrency Safely
Step 1: Choose a reputable exchange (Binance, Coinbase, Kraken, etc.).Step 2: Create an account and complete KYC verification.Step 3: Deposit funds via bank transfer, credit card, or crypto deposit.Step 4: Buy cryptocurrency…
Charles Schwab Expands into Digital Assets
Financial services giant Charles Schwab has appointed Joe Vietri as the new head of digital assets, signaling a strategic move to expand its cryptocurrency offerings. With $10 trillion in client assets, Schwab…
Bitcoin’s Dominance Amid Altcoin Underperformance
As of early 2025, Bitcoin continues to dominate the cryptocurrency market, reaching record highs. In contrast, altcoins such as Ether, XRP, and Dogecoin have underperformed, with only 13 of the top 100…
Record High Crypto Scams in 2024 Fueled by AI
In 2024, cryptocurrency scams reached unprecedented levels, with estimated revenues between $9.9 billion and $12.4 billion. This surge is largely attributed to sophisticated “pig butchering” scams and the increased use of generative…