๐ What You Might Have Missed Overnight:
๐ Major Bitcoin ATM Scams: Losses Exceed $110 Million This Year
Bitcoin ATM scams have become a serious issue, with losses surpassing $110 million. Scammers frequently target elderly people, using various tactics to deceive and steal funds, leading to nearly a tenfold increase in cases since 2020.
๐ณ๐ฌ Nigerian SEC Approves Two Crypto Exchanges
The Nigerian Securities and Exchange Commission (SEC) has approved the operations of crypto exchanges Busha Digital and Quidax for the first time. This move is seen as a significant step in regulating the countryโs crypto industry and includes the establishment of an incubation program for new market participants.
๐ธ Warren Buffettโs Berkshire Hathaway Sells $6.2 Billion in Bank of America Stock
Berkshire Hathaway, led by Warren Buffett, unexpectedly sold $6.2 billion worth of Bank of America stock. This move caused a stir in the market as many expected the company to hold onto these assets.
๐ Ethereum Faces Supply Crisis: Is a New Rally on the Horizon?
Ethereum is facing a supply shortage, which could potentially trigger a new price surge in the cryptocurrency. Experts are debating whether this will lead to a new market rally and strengthen Ethereum's position among other cryptocurrencies.
๐ Solana vs. Cardano: Which Blockchain Network Will Dominate in 2024?
Solana and Cardano are vying for dominance in the blockchain technology world, offering unique solutions for scalability and decentralization. Comparing the two networks highlights their strengths and weaknesses, making investor choices more challenging.
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