Exciting news for digital financial enthusiasts! Skrill and Neteller have extended their VIP Fast Lane Program until July 31st, 2024. This extension gives users more time to enjoy exclusive benefits by upgrading…
Author: admin
Users Suffer Financial Losses as Binance Compels Derivative Upgrades
Dear CryptoUpdate Readers, We are extremely disappointed with Binance’s recent announcement regarding upcoming changes to their derivatives products. These changes, set to take effect on June 26, 2024, appear to be another…
Is Cardano (ADA) Set for a Reversal? Analyst Targets $0.50 as Potential Turning Point
Cardano (ADA), the smart contracts platform known for its meticulous development process, finds itself at a critical juncture. Analysts are divided on the cryptocurrency’s immediate future, with some anticipating a bullish breakout…
Ancient Bitcoin Whale Surprises Major Exchange with $535 Million BTC Transfer
An unexpected event unfolded as a bitcoin wallet, which had been inactive for over five and a half years, transferred 8,000 BTC worth around $535.64 million to Binance, the world’s largest exchange,…
FTC Advises Public about Cryptocurrency Romance Scams in the United States
The US Federal Trade Commission (FTC) is warning love seekers about crypto romance scams, where individuals pretend to be romantic interests online but are actually trying to steal money through crypto investments….
Metaplanet Stock of Japan Surges 10% Following Announcement of More Bitcoin Acquisition
Tokyo-listed investment firm Metaplanet Inc. experienced a 9.88% increase in its shares on Tuesday following the announcement of its purchase of an additional 250 million yen ($1.58 million) worth of bitcoin. The…
The Rise of AI-Powered Cryptocurrency Crimes: Unleashing a New Wave of Cyber Threats
The emergence of AI-powered crypto crimes indicates a new phase of cyber threats, as detailed in a report by Elliptic. This report exposes how cutting-edge technologies are being utilized for deepfake scams,…
Bitcoin’s Next Target Could Be $69K as Short Sellers Continue to Push BTC Price Below its Record High
The BTC/USD price held firmly at $71,000 in early June as analysts predicted a retest of lower levels. Despite a brief drop to $70,120, Bitcoin rebounded and closed the day successfully. Material…
Binance Delists OMG, WAVES, WNXM, XEM Leading to $10,000 Loss – Removal on 2024-06-17
Margin Trading Discontinuation Binance will no longer support margin trading for OMG, WAVES, WNXM, and XEM starting at 06:00 UTC on 2024-06-12. Users should transfer these tokens from their margin wallets to…
Are Whales Capitalizing on Discounts? Ethereum Holdings Increase to 30%
There has been a noticeable increase in Ethereum whale activity, with large investors significantly increasing their holdings. Recent data suggests that these whales now hold 30% of the total Ethereum supply, sparking…