News
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ZachXBT helps recover $275K stolen from elderly US victim by fake Coinbase Support scammers
On-chain sleuth, ZachXBT, stepped in to help an elderly American recover $275,000 stolen by scammers posing as Coinbase Support. The incident happened in April when Indian call scammers targeted the victim and managed to steal a large portion of their life savings. Zach said the stolen funds were seized and returned to the victim, but […]Cryptopolitan
Tue, Oct 8
Ethereum ICO whale transfers 5,000 ETH to Kraken after selling $113M in two weeks
An Ethereum whale, who initially received 150,000 ETH through the project’s Initial Coin Offering (ICO), has again started dumping coins. According to crypto analyst EmberCN, the whale moved another 5,000 ETH to Kraken. The movement was worth around $12.22 million and happened a few hours ago. Ethereum ICO whale on a selling spree This transfer […]Cryptopolitan
Tue, Oct 8
Nigeria ditches US dollar, will now sell crude oil in naira
Nigeria, Africa’s biggest oil-producing country, is done with selling crude oil in US dollars. The government has decided to start selling in naira. This change was made by the Federal Executive Council (FEC). Nigeria’s oil industry relied heavily on foreign currency, specifically the dollar, for decades. Mohammed Manga, spokesperson for the Ministry of Finance, explained […]Cryptopolitan
Mon, Oct 7
Sen. Elizabeth Warren to debate crypto lawyer John Deaton twice this month
Senator Elizabeth Warren is going to debate crypto lawyer and Senate candidate John Deaton twice this month. The first of these debates is set for October 17, 2024, in Springfield, Massachusetts, hosted by New England Public Media (NEPM) and GBH News. The second one is expected later in the month, with both candidates squaring off […]Cryptopolitan
Mon, Oct 7
Institutional investors reduce Bitcoin short positions
Institutional investors are marginally reducing the size of their short exposure to Bitcoin, which can be considered a positive change in the market. Data from CryptoQuant shows that institutional short positions on Bitcoin Futures have been declining, which could signal potential price support for the crypto asset. The data reveals that institutional traders have steadily […]Cryptopolitan
Mon, Oct 7
Jefferies keeps 5% Bitcoin allocation amid concerns over USD stability
Chris Woods, the chief strategist at investment banking firm Jefferies, has disclosed that the firm keeps 5% of its allocation in Bitcoin through exposure to VanEck spot Bitcoin exchange-traded fund (ETF) HODL. In a post shared on X by the Head of Digital Assets at VanEck, Mathew Sigel, he noted that BTC accounts for a […]Cryptopolitan
Mon, Oct 7
