Georgia Man Sentenced to Prison for Cryptocurrency Computer Fraud

Steven Drawdy, 40, of Grovetown, Georgia, has been sentenced to 32 months in U.S. prison for wire fraud after defrauding over 40 customers in a cryptocurrency computer scheme. Drawdy, who participated in an online cryptocurrency discussion forum, received more than $1.1 million from victims between August 2021 and April 2022, promising to deliver cryptocurrency mining … Read more

$HARRIS Memecoin Soars Over 2000%, Market Cap Surpasses $4M

In an unexpected surge, the $HARRIS memecoin, themed around Kamala Harris, the 49th Vice President of the United States, has skyrocketed by over 2000% in the past 24 hours. This impressive rally has propelled its market capitalization beyond the $4 million mark. $HARRIS, the Kamala Harris-inspired memecoin, is now listed on #LBank! Celebrate the 49th … Read more

Base Surges Ahead In Layer 2 Ecosystem With Record-Breaking Activity

On July 23, 2024, Base experienced an unprecedented surge in activity, cementing its position as a leader in the Layer 2 (L2) ecosystem. The network surpassed a remarkable milestone of over 1 million active addresses, significantly outpacing its competitors Arbitrum and Optimism, which recorded 557,273 and 358,791 active addresses respectively. Base also led in transaction … Read more

Significant Whale Activity Could Signal Bearish Sentiment For $FRONT

In a notable series of transactions, three wallets, potentially belonging to a single whale or institution, collectively deposited 7.57 million $FRONT tokens, valued at approximately $6.43 million, to Binance a few hours ago. This substantial movement has sparked discussions about the potential market impact on $FRONT. The first wallet, 0xdd15, deposited 2.64 million $FRONT worth … Read more

Monoswapio Hack: Users Urged To Withdraw Funds Amid Security Breach

Monoswapio, a prominent staking platform, recently suffered a significant security breach, prompting immediate warnings to users to refrain from staking or adding additional funds. The platform has advised users with any staked positions to withdraw their assets immediately to prevent potential losses. The breach occurred when one of Monoswapio’s developers inadvertently installed a phishing application … Read more

Washington Regulator Warns of Miami Equity Fund 005 Crypto Fraud

The Washington State Department of Financial Institutions (DFI), Securities Division, has warned about crypto investment fraud following a complaint from a resident regarding their investment in the Miami Foundation Equity Fund 005 (or Miami Equity Fund Institute 005). The investor had deposited funds on the now-inaccessible Vims.one platform through a Whatsapp group led by “Mark” … Read more

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