The other Bitcoin rally: How scams are cashing in on the cryptocurrency fever
Scammers are luring investors with get-rich-quick schemes, with nearly $4 billion lost in crypto investments in 2023, according to the FBI
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Scammers are luring investors with get-rich-quick schemes, with nearly $4 billion lost in crypto investments in 2023, according to the FBI
The Security and Exchange Commission’s decision opens up a new market that could accelerate its adoption by retail investors and large funds
The exchange said it dealt with net outflows of around $6b over 72 hours last week.
The world's biggest crypto exchange, Binance, is battling to shore up confidence after a surge in customer withdrawals and a steep drop in the value of its digital token
The world's biggest crypto exchange, Binance, is battling to shore up confidence after a surge in customer withdrawals and a steep drop in the value of its digital token. The exchange said it dealt with net outflows of around $6 billion over 72 hours last week "without breaking stride" because its finances are solid and "we take our responsibility as a custodian seriously." After the collapse of rival exchange FTX last month, Binance's founder Changpeng Zhao promised his company would "lead by example" in embracing transparency.