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Americans lost a record $5.6 billion to crypto scams last year, says FBI— Americans lost billions to cryptocurrency scams in 2023, according to a recent report from the United States Federal Bureau of Investigation. Financial losses “involving the use of cryptocurrency, such as bitcoin, ether or tether” last year totaled over $5.6 billion, per the agency’s 2023 Cryptocurrency Fraud Report. That’s up 45% compared with 2022, according to the report. Americans lost the most money to crypto investment scams From fake gaming apps to pig-butchering schemes, there are many types of crypto scams. However, investment scams swindled Americans out of $4 billion, the highest loss by crypto crime type last year, per the FBI’s report. “Over the years, cryptocurrency’s widespread promotion as an investment vehicle, combined with a mindset associated with the ‘fear of missing out,’ has led to opportunities for criminals to target consumers and retail investors,” the FBI says in its report. This type of scam typically involves a cyber criminal promising their victim that they’ll earn large profits or returns on their investments while taking on little to no risk. In reality, no legitimate company or business venture can guarantee that you’ll earn a profit on your investment. Often, fraudsters will start by messaging their victim via dating apps, social media, email or text messages. They’ll sometimes communicate with victims for months in order to gain their trust before offering so-called investment advice about cryptocurrency. If their victim takes the bait, they’ll lure the victim to sometimes very legitimate-looking websites controlled by the thieves, have the victim create an account and send their funds there. The fake website will show victims that their investment is growing. However, when victims attempt to withdraw their money or earnings, they’re often unable to or the fraudsters will demand that they pay pricey fees in order to receive their funds. $BTC
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Blum Listing Date and Airdrop Update Attracts 60 Million Users. Blum Listing Date and Airdrop Update Hit 60M Users: Will Users Surge? Blum, the revolutionary decentralized exchange (DEX) integrated directly into Telegram, is making waves with its recent achievement of 60 million users. This milestone, comparable to the population of France, signifies a major step in Blum's journey to bridge the gap between centralized and decentralized crypto trading systems. Blum Airdrop Date and Community Engagement The excitement within the Blum community is palpable as the Blum airdrop date approaches, set for Q4 2024. This event has generated significant buzz, as it aims to reward both existing and new users, potentially impacting the Blum crypto price. With over 20 million users already connected to the platform via TON Wallets, the Blum airdrop is poised to attract even more participants. This robust engagement is further evidenced by Blum's substantial online presence, boasting 30 million Telegram subscribers and 4.1 million Twitter followers. The Blum airdrop confirmed event is not only a major attraction for the current user base but also a magnet for new users eager to capitalize on the rewards. Moreover, the platform's accessibility through its mobile app and mini-app within Telegram ensures a seamless trading experience for both seasoned and novice traders. Adding to the anticipation is the upcoming Blum listing date on major exchanges like Binance. This listing is expected to further solidify Blum's position in the market, making it a notable player among decentralized exchanges. The listing date will likely influence the Blum crypto price, drawing attention from investors and traders alike. Looking ahead, the Blum premarket price is optimistic, with experts predicting substantial growth. Blum Coin could reach $0.05 by mid-2025, a significant increase that translates to approximately 82.91 Nigerian Naira. This Blum crypto price to naira projection underscores the coin's potential in both the global and local markets.
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Hamster Kombat’ Will Give Out Billions of Tokens via Binance in Telegram Game Airdrop Binance users will be able to earn a share of 3 billion HMSTR in the lead-up to Hamster Kombat’s token launch on TON. Popular Telegram tap-to-earn game Hamster Kombat is set to launch its HMSTR token on The Open Network (TON) later this month alongside an airdrop to its many millions of players. On Thursday, the developers announced plans to drop billions of tokens to Binance customers, as well, through a Launchpool rewards campaign. The HMSTR token will have a total supply of 100 billion tokens, the anonymous Hamster Kombat team revealed Thursday as part of the announcement—and 3 billion of those tokens have been allocated for the Binance Launchpool campaign. Binance customers in legally permitted countries—not including the United States, for example—will be able to stake Binance Coin (BNB) and the FDUSD stablecoin in the weeklong rewards campaign to earn a share of HMSTR tokens. The campaign will run from September 19 until September 26, the launch date for the token. Launchpool campaigns have been used for dozens of previous token launches, including major gaming tokens in 2024 like Pixels (PIXEL) and Portal (PORTAL), with Binance customers staking billions of dollars’ worth of BNB and FDUSD in both campaigns to earn a share of the rewards. Hamster Kombat’s token launch is sure to be a landmark event in the burgeoning Telegram gaming space, given that the game has reportedly attracted over 300 million players to date. The size of the player base has generated concerns over whether TON, which went down twice in late August, can even handle that level of demand. It’s not the only big Telegram game token that’s set to launch in late September, either, with Catizen and Rocky Rabbit also setting their respective TON token debuts in the lead-up to the HMSTR token generation event. Another rising Telegram game, the Elon Musk-themed X Empire, plans to launch its token soon after HMSTR.
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🔔 Catizen (CATI) Farming Starts On Binance Launchpool From 16 Sep ! ▶️ Token Info: ▪️Ticker: $CATI ▪️Max Token Supply: 1B $CATI ▪️Launchpool Rewards: 90M $CATI (9% of total token supply) ▶️ Staking Info: ▪️ Token staked: BNB, FDUSD ▪️ Farming period: 16 Sep ~ 19 Sep ▪️ Hourly Hard Cap per User: ▫️ BNB: 79,687 $CATI ▫️ FDUSD: 14,062 $CATI ▶️ Listing Info: Binance will list $CATI on 20 Sep, 10:00 (UTC) ▶️ Check More Details Here : https://www.binance.com/en/support/announcement/03b4921a44644da2880a290c0e254140
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😎DOGS summarized the results of the giveaway. At the end of the results, 42.2 million people received the drop, making it the largest TGE in history 💣 DOGS is now held on 4.5 million TON wallets, which puts it in the unique position of having the largest number of holders on any network in history, and it achieved this in just 2 weeks. Only USDT on TRON and Ethereum has more holders than DOGS.
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