FTC Warns of Romance Scams Luring People Into Bogus Cryptocurrency Investments

The U.S. Federal Trade Commission (FTC) has warned about romance scams using cryptocurrency. Scammers use romance as a hook to lure people into bogus investments, especially crypto, the federal agency explained. “2021 numbers are nearly five times those reported in 2020, and more than 25 times those reported in 2019,” said the FTC. FTC Warns … Read more

Spain Modifies Tax Model 720, Used to Declare Cryptocurrency Holdings Abroad

The Spanish parliament has introduced an amendment to the tax model 720 used to declare cryptocurrency and other holdings abroad, softening some of the penalties associated with it. The modification, which has not yet been approved, changes some of the harsher penalties that were declared illegal by the Court of Justice of the European Union … Read more

South Korea Jails Seven Masterminds of Country’s ‘Largest Crypto Fraud Scheme’

Seven executives of the collapsed South Korean scam cryptocurrency exchange, V Global, were recently handed lengthy jail sentences as punishment for their role in running one of the country’s biggest crypto frauds. Verdict Sets New Benchmark Seven former masterminds of the now-defunct scam crypto exchange, V Global, were recently given jail sentences for their part … Read more

This Metaverse Crypto Coin Gained Over 1000% Today (Bored Floki Yacht Club)

This weekend, crypto markets continue to trade sideways as Bitcoin and Ethereum manage to hold support. Metaverse Crypto coins continue to perform exceptionally well, with many seeing significant price gains. This article looks at a Metaverse crypto coin called Bored Floki Yacht Club and its token BFYC that gained over 1000% in the past 24 … Read more

Cydia Dev Discloses Ethereum L2 Bug — Optimism Attacker Could Have ‘Printed an Arbitrary Quantity of Tokens’

On February 10, the well-known developer of Cydia and iOS Jailbreak, Jay Freeman, otherwise known as Saurik, published a Twitter thread about a bug he found in the Layer-2 (L2) scaling protocol known as Optimism. According to Freeman, the vulnerability, which has been patched, could have allowed an attacker to create an infinite amount of … Read more

Top 3 Metaverse Crypto Coins With a Market Cap Below $10 Million You Probably Haven’t Heard Of

With the number of Metaverse crypto coins on the market, there are dozens of options when it comes to low valuation coins. This article looks at the top three Metaverse crypto coins with a market cap below $10 million you probably haven’t heard of. Note: The list below is ordered by market capitalization, lowest to … Read more

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