The Hong Kong Monetary Authority (HKMA) has issued a warning to the public about fraudulent websites and fake emails purporting to be authorities. According to the HKMA, these scams include fake websites, digital currency platforms misrepresenting HKMA regulations, and fake documents and emails. Details of the fraudulent activity The HKMA highlighted several specific fraudulent activities. This is a fraudulent website using the domain name 353049(.)cc. A digital currency platform called “Kucoin” that claims to be regulated by the HKMA. The platform issued fake documents purporting to be from the HKMA, demanding payment of a fee…
Author: Crypto Flexs
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The Hong Kong Monetary Authority (HKMA) has issued a warning to the public about fraudulent websites and fake emails purporting to be authorities. According to the HKMA, these scams include fake websites, digital currency platforms misrepresenting HKMA regulations, and fake documents and emails. Details of the fraudulent activity The HKMA highlighted several specific fraudulent activities. This is a fraudulent website using the domain name 353049(.)cc. A digital currency platform called “Kucoin” that claims to be regulated by the HKMA. The platform issued fake documents purporting to be from the HKMA, demanding payment of a fee…
Bitcoin (BTC) price saw little movement for 15 days leading up to a sharp decline on June 7, reaching historic lows seen over a full 15-day period in Bitcoin history.According to Swan Bitcoin Chief Investment Officer Rapha Zagury, the period between May 24 and June 7 was “in the bottom 6% of occurrences” in terms of volatility.“The blue horizontal line represents the most recent 15-day rolling volatility figure of 23%. It certainly seems close to the low level.” Zagury explained in a June 7 post onSource: Rafa JaguriBitcoin prices plunged 3.33% to $69,264 after 15 days of trading within a…
Share this article Evgeny Gaevoy, CEO of Wintermute, said that if Ethereum fails in the future, it will not be due to technical shortcomings compared to competitors such as Solana. Instead, the core problem is the contradictions in Ethereum’s leadership.In a recent post onHis comments came in response to the controversy that arose following Vitalik Buterin’s criticism of celebrity memecoins. According to Buterin, projects should aim to deliver social value and leave participants with content, rather than focusing on enriching celebrities and early investors.Buterin’s stance drew a sharp rebuke from hip-hop artist Iggy Azalea, who recently launched her own meme…
The Solana Phantom Wallet is the first wallet that most cryptocurrency beginners enter the Solana ecosystem with. As one of the earliest platforms on the Solana blockchain, Fantom has established itself as a cornerstone of the network and is the first port of call to explore all that Solana has to offer.Whether you consider yourself a meme coin guru, a curious NFT collector, or just want a secure, self-managed wallet to stake and store your SOL long-term, Phantom ticks all the boxes and makes it easy to jump into Solana’s Web3 world. It does it. Why is Phantom such a…
Real-world asset (RWA) tokenization has become the leading cryptocurrency sector, surpassing major sectors such as Ethereum (ETH) and Bitcoin (BTC). Important developments, including high-profile asset tokenization and positive regulatory discussions, are driving this surge. It also highlights the growth potential and importance of the sector in the financial industry. Strengthens RWA tokenization sector with compelling use cases and regulations According to data from cryptocurrency analytics platform Artemis Terminal, real-world asset tokenization was the best-performing cryptocurrency sector last month, outperforming 21 other sectors by 58%. The Ethereum and Bitcoin ecosystems followed with gains of 26.1% and 18.2%, respectively. Read more: RWA…
The Ethereum Foundation announced the return of the Devcon Scholars program for Devcon Southeast Asia (SEA), aimed at bringing together a diverse group of builders from diverse backgrounds and disciplines. According to the Ethereum Foundation blog, the initiative is designed to connect Ethereum with other sectors by providing scholarships as well as fostering a community focused on collaborative learning and co-creation. Program Details The Devcon Scholars Program runs from August to the end of November, culminating in Devcon in Bangkok, Thailand. Selected scholars can expect financial support tailored to their individual needs, including accommodation, flights,…
No, you do not need to pay any additional fees upfront when transferring or selling your Bitcoin. Asking you to pay extra for any kind of fee is a trick from scammers (scammers, scammers, scammers). In a typical Bitcoin transaction, a small amount of Bitcoin is deducted from your balance. transaction fee (Not a transfer fee) However, this is not an additional amount you pay. Transaction fees are currently very high, around $30 per transaction (compared to less than $1 a year ago). The actual fees you will have to pay will depend on how complex the transaction is and…
BEVM Visionary Builders (BVB) Program Launches 60 Million Ecosystem Incentive Program – Chainwire housenewsroomBEVM Visionary Builders (BVB) Program Launches 60 Million Ecosystem Incentive Program We use cookies to make Chainwire’s website a better experience. Cookies help us provide you with a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over electronic communications networks. Technical storage or access is necessary for the legitimate…
There are many exciting changes to the Ethereum protocol in the works. This improves system performance, adds additional features such as light client friendliness and a higher level of scalability, and makes it easier to code Ethereum contracts. . In theory, this change is not necessary. The Ethereum protocol is fine as is and could theoretically be released as-is once more clients are built out. Rather, there are changes to make Ethereum better. However, there is a bit more light at the end of the tunnel: Ethereum’s design goal is to decentralize mining. Although there is always the backup option…