Gen Digital’s Siggi Stefnisson warned users that scammers are adept at using what is already on their target’s minds, including love, financial security and elections. Source link
Help! My parents are addicted to Pi Network crypto tapper
With no monetary investment required, Pi Network users believe they have nothing to lose — but critics say otherwise. Source link
Magic Eden dominates NFT trading volume, surpassing Blur and OpenSea: CoinGecko
Magic Eden led the NFT market in August with $122.47 million in trading volume, securing 36.7% market share. Source link
Former Mt. Gox CEO to launch EllipX crypto exchange in Europe
EllipX will comply with the EU’s MiCA regulations, with plans to add fiat services and offer fee cuts for former Mt. Gox users. Source link
Sui blockchain taps radio waves to bank the offline unbanked
Sui blockchain innovates with alternative methods, like radio waves, to enable offline crypto transactions for unbanked communities, even those without internet access. Source link
Japan’s finance regulator calls for lower crypto taxes in 2025
Japan’s Financial Services Agency has released plans to overhaul the nation’s tax code, which could lower the tax rate on crypto assets in 2025. Source link
Crypto scams involving Bitcoin ATMs explode by 1,000% since 2020: FTC
As Bitcoin ATM scams surge, particularly targeting older adults, the FTC and industry leaders stress the importance of caution and preventive measures. Source link
Scammers have found a way to burn tokens from inside Solana wallets
Reports have emerged of users buying tokens and not seeing it show up in their wallet balances. Source link
Lara and Tiffany Trump X accounts hacked, users warned not to click links
Scammers have taken over two accounts associated with presidential candidate Donald Trump’s family Source link
Penpie protocol exploited, suffers $27M loss
Cryptocurrency hacks have stolen $1.21 billion in funds so far in 2024, a 15.5% increase from 2023. Source link