The crypto market bleeding has slowed during Monday trading as the digital token king and leader in terms of trading volume, Bitcoin stabilizes around $30,000 USD.
Decentralized finance (DeFi)and crypto seem to be target number one for scammers as the total amount of funds taken by fraudulent means has eclipsed both 2020 and 2021 combined, with the month of March alone beating 2020 by over $200 million.
Bastian Lehmann, one of the founders of food delivery service Postmates and a leading innovator in the business world, has sent waves through the crypto community with the news that a startup in the cryptocurrency sector will be his next venture.
With over 800 stores in 13 different countries, MediaMarkt has been Europe’s undisputed number-one consumer electronics retailer for the past forty years. Synonymous with innovation and providing services in high demand by their customer base, MediaMarkt will start hosting multiple Bitcoin ATMs throughout their stores in Austria.
The Sandbox, one of the companies at the leading edge of the Metaverse, has released the lofty goals of raising $400 million USD in its upcoming funding round to reach a total valuation of $4 billion USD. The new funding round comes less than six months after the platform raised $93 million in a Series B round led by SoftBank’s Vision Fund 2. Other previous investors have included True Global Ventures, Square Enix, Galaxy Interactive and Angelhub with the latest funding round drawing even more attention.
Currency.com, one of the cutting edge trading platforms bringing crypto to the masses, suffered a massive cyberattack attempt after announcing that it would halt all operations in Russia last week due to the ongoing invasion of Ukraine.
Squid Squad OG Games, the group with the goal of restoring users’ faith in the GameFi ecosystem by creating products that exist for the sole purpose of users who have been taken advantage of by scammers.
According to the most recent data from Glassnode, the blockchain data and intelligence provider that generates innovative on-chain metrics and tools for digital asset stakeholders, large amounts of Bitcoin have been on the move yet again making March the fourth month in a row with exchanges losing 100,000 BTC.
RoundlyX, started in 2017 by Andrew Elliott and Will Trible with the goal of providing infrastructure for retail investors interested in the then emerging investment class of digital assets, simplifies the entire process. Users sign up, connect their RoundlyX account to Plaid (a fintech company that specializes in securely connecting their customer’s financial accounts to various services and apps) then simply log into their RoundlyX exchange account to get started on their investment journey. The entire sign-up process takes about three minutes from the creation of a new RoundlyX account to registration.
The US Department Of Justice I had showed a renewed effort in combating crypto scams, on Thursday, in a press release, the DOJ pulled back the curtain on several charges it was pursuing against the creators of Frostie NFT.