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Binance Helps FBI Recover Funds in ‘Pig Butchering’ Scams
Pig butchering or slaughtering has become a popular scam method utilized by hackers within the crypto ecosystem. Cryptocurrency exchange Binance announced that it supported the Federal Bureau of Investigation (FBI) in San Diego to investigate a “pig butchering” scam. Binance Role in Busting the Pig Butchering Scam According to Binance, its Investigations and Case teams participated in the investigation, analysis and seizure of the scam. At the end of the day, their collaborative effort with the authorities led to the uncovering of leads and seizure of $2.5 million victims funds. The seized fund which is precisely 2,546,415.01 USDT Coin (USDT),...
Binance Coin hit hard: BNB loses 31%—Brace for more pain?
contributor The BNB price plunges 31% amidst a broader market crash. Widespread liquidations and outflows exacerbate the downturn. Binance Coin [BNB] has been badly affected, leading to a steep fall of 31% over the past four days. This decline was part of a wider market crash that has led to major losses for most cryptocurrencies. The global crypto market was suffering from sell-offs, and BNB was not an exception. From $634.1 per coin to $434.5, the price of this coin went down, breaking crucial support levels, thus raising fears of further declines in the future. Source: Tradingview The stochastic relative...
BDAG vs. Sealana: A Comparative Look at Crypto Innovation
BlockDAG Steals the Spotlight: Outshining Sealana’s Exchange Buzz with Sheer Innovation In the bustling crypto landscape, new players like BlockDAG (BDAG) and Sealana (SEAL) are making waves with their initial market impacts and presale performances. However, despite the buzz around Sealana’s recent listings on exchanges, BlockDAG steals the spotlight with its revolutionary technology and surging investor interest pushing its presale over $56.4 million. This discussion explores the standout features of both projects, spotlighting why BlockDAG is taking the lead. BlockDAG (BDAG): A Beacon of Blockchain Evolution BlockDAG distinguishes itself with a cutting-edge Directed Acyclic Graph (DAG) architecture, setting new standards...
