Those transacting in cryptocurrencies with unknown entities, particularly on international exchanges facilitating Peer-to-Peer (P2P) transactions, run the risk of their bank account being frozen. This may happen if the funds transferred in the transaction are 'tainted funds', i.e., coming from or going for illegal activities.
For example, if you sell cryptos on an international exchange and receive funds that come from terrorist or money laundering activities then your account may be frozen by t

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The crypto community is reeling over an anonymous trader who turned a $1000 investment in a new Tron memecoin into The crypto community is reeling over an anonymous trader who turned a $1000 investment in a new Tron memecoin into $400,000. 
The memecoin in question is called Sunwukong and the Tron-based memecoin was created using the new Tron-based memecoin generator known as Sun Pump. 
The transaction was picked up by Blockchain analytics firm Arkham Intelligence which shared the details of the

Lookonchain, a popular analytics platform, has made an interesting discovery, as a crypto trader has made 104 times profits by investing barely $650. The investor “TEP7…T1da” has invested in a meme coin called Sundog, where he had bought 6.87 million SUNDOG by investing  5,000 TRX (equivalent to $650) and selling them for 522,840 TRX ($68,000). 
All of this happened within seven hours of the interval, where he made a profit of $67.3K, more than 100 times the initial investment. The Lookonchain d

Seven individuals were arrested in Malaysia during a special operation targeting illegal bitcoin mining in Bandar Baru Salak Tinggi and Taman Putra Perdana. The operation, which involved coordinated efforts by law enforcement, focused on detecting and stopping bitcoin mining activities linked to electricity theft. The suspects, aged between 30 and 74, included three local men and four foreign nationals, none of whom had prior criminal records. During the raids, authorities seized 52 bitcoin mini

Date : 09 June 2024
Meme coins have made their mark, and it looks like they’re here to stay in the dynamic world of cryptocurrencies. A quintessential part of the crypto market, meme tokens like Dogecoin and Shiba Inu have firmly cemented their positions among the top cryptos by market cap and contributed significantly to driving mass adoption of crypto assets among users worldwide.
These digital currencies, inspired by internet memes and pop culture references, continue to gain significant atte

Crypto Peer-to-peer (P2P) transactions have gained popularity recently due to their convenience and ease of use. However, knowing the potential risks associated with P2P transfers is important. we have prepared this guide to offer insights into the common P2P scams in crypto transactions. We’ll also explore some essential tips to protect yourself from falling victim to these fraudulent activities
Can a Person Scam You with P2P Transfers?
Yes, scammers can take advantage of P2P transfers to defra

Cryptocurrency has become extremely popular over the past few years, but many consumers and investors may be wondering what all the commotion is about. Why would anyone choose cryptocurrency when their local currency works just fine for most things? Why would someone invest in a cryptocurrency?In fact, there are a lot of advantages to using and investing in cryptocurrency. Here are the top eight benefits to consider.8 benefits of cryptocurrency1. Transaction speedIf you want to send someone mone

1. Ethereum (ETH)The first Bitcoin alternative on our list, Ethereum (ETH), is a decentralized software platform that enables smart contracts and decentralized applications (dApps) to be built and run without any downtime, fraud, control, or interference from a third party. The goal behind Ethereum is to create a decentralized suite of financial products that anyone in the world can freely access, regardless of nationality, ethnicity, or faith. This aspect makes the implications for people in so

A Bitcoin Exchangе-Tradеd Fund (ETF) is a financial product dеsignеd to makе it еasiеr for invеstors to gain еxposurе to Bitcoin, a popular cryptocurrеncy, without actually owning thе digital assеts thеmsеlvеs. It combinеs thе bеnеfits of both traditional stock trading and cryptocurrеncy invеstmеnts.What is a Bitcoin ETF?A Bitcoin ETF is a fund that tracks thе pricе of Bitcoin, much likе how a stock ETF tracks thе pеrformancе of a group of stocks. Instеad of buying and storing Bitcoin dirеctly,

Sam Bankman-Friеd (SBF) is a prominеnt figurе in thе cryptocurrеncy and blockchain industry known for his involvеmеnt in thе world of cryptocurrеncy trading, dеcеntralizеd financе (DеFi), and as thе foundеr of FTX, a lеading cryptocurrеncy еxchangе. Hеrе, wе'll dеlvе into dеtails about SBF, his background, achiеvеmеnts, and contributions to thе crypto spacе.Background and Education: Sam Bankman-Friеd was born in 1992 and raisеd in California, USA. Hе attеndеd thе Massachusеtts Institutе of Tеchn

1. XRP and Ripplе: XRP is oftеn associatеd with Ripplе, thе company that crеatеd it. Howеvеr, XRP and Ripplе arе not thе samе. Ripplе is a tеchnology company that aims to improvе cross-bordеr paymеnts and providеs various solutions for financial institutions. XRP, on thе othеr hand, is thе digital assеt usеd within thе Ripplе еcosystеm to facilitatе thеsе transactions.2. Fast Transaction Spееd: Onе of thе notablе fеaturеs of XRP is its incrеdiblе transaction spееd. XRP transactions can sеttlе in

Shiba Inu

Introduced in August 2020 as a direct rival to Dogecoin, Shiba Inu (SHIB) is a crypto operating on the Ethereum blockchain. Utilizing a proof-of-stake consensus algorithm, SHIB selects validators based on the quantity of SHIB tokens they possess, rather than computing power. An individual or group known as “Ryoshi” anonymously created this asset, aiming to establish a decentralised community of SHIB holders capable of exchanging tokens and participating in governance decisions. Its va

1. Business development representative

National average salary: $60,108 per year

A business development representative (BDR) is a sales specialist who acquires new business contacts and develops relationships with customers on behalf of an organization. Their duties include locating potential clients and developing long-term relationships with them, using marketing campaign analytics and leads to identify sales opportunities, identifying client requirements and suggesting products or services

Following is a list of some of the most infamous crypto exchange failures to date

Mt. Gox

Mt. Gox was a cryptocurrency exchange that operated between 2010 and 2014. Mt. Gox once accounted for over 70% of all Bitcoin transactions. In 2014, Mt. Gox was hacked and thousands of Bitcoins were stolen; the company filed for bankruptcy shortly thereafter. In late 2021, creditors and the Tokyo District Court reached an agreement on the Mt. Gox rehabilitation plan, closing a seven and half year legal ba

Changpeng Zhao

Changpeng Zhao affectionately referred to as “CZ”, is a Chinese-Canadian business executive and the powerhouse behind Binance, one of the largest cryptocurrency exchanges in the world. The most recent Bloomberg Billionaires Index ranked Zhao as the 55th wealthiest individual on earth, with an estimated net worth of $27.6 billion as of 6th September 2023.

Chris Larsen

Chris Larsen is estimated to be worth $2.6 billion as of December 2022 and was ranked the world’s 1179th

• Moving average (MA)

The MA – or ‘simple moving average’ (SMA) – is an indicator used to identify the direction of a current price trend, without the interference of shorter-term price spikes. The MA indicator combines price points of a financial instrument over a specified time frame and divides it by the number of data points to present a single trend line.

The data used depends on the length of the MA. For example, a 200-day MA requires 200 days of data. By using the MA indicator, you can

No. 1 Around 20% of Bitcoin has been lost forever

According to crypto data firm Chainalysis, around 20% of Bitcoin has been lost or is stuck in wallets that can't be accessed. Today that equates to 3.76 million BTC (worth about $190 billion).

No. 2 The last Bitcoin will be mined in 2140 Only 21 million Bitcoin can ever be produced. It's built into the coin's code or DNA. Right now, about 18.8 million have b

#2 Beware of Cryptojacking

Cryptocurrency is a safe option for wallet safety but it is still exposed to scammers who use your computer or phone’s processing for the mining of cryptocurrency. They do this for their own benefit without your approval. This is called “Cryptojacking” where the scammers put malicious code in your device. 

How do you know if your device is affected? Your phone or computer will become slow or your battery will discharge faster.

#1 You Can't Loose Your Wallet

When dealing in cryptocurrency you hold a crypto wallet (digital wallet) that has public and private keys. You are provided with a private key to gain access to it and if you happen to lose your private key, the chances of getting it back are close to never. 

Your digital funds will disappear into a huge crypto-void. There is very little chance of hacking because of the blockchain technology, so you are the only one responsible for losing your digital money. 

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