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A new report from blockchain investigator ZachXBT reveals that scammers have managed to steal over $500,000 through a combination of breached X (formerly Twitter) accounts and fraudulent meme coin schemes. The report highlights the growing risks of social media exploitation in the cryptocurrency space, as cybercriminals continue to target both high-profile accounts and unsuspecting users. The Rise of X Account …

Sui (SUI), one of the fastest-growing cryptocurrencies, is showing strong bullish momentum as it approaches a key price level. With on-chain activity hitting new highs, analysts predict that SUI is poised to break above the critical $5.00 mark, marking the beginning of a new price rally. The Surge in On-Chain Activity Recent data shows a significant increase in on-chain activity …

In a significant move to strengthen its position in the cryptocurrency payments space, MoonPay has announced plans to acquire Helio Pay, a leading crypto payment platform, for $150 million. The acquisition represents a bold step forward as MoonPay continues its mission to simplify and expand the global use of digital currencies for everyday transactions. Expanding MoonPay’s Global Footprint MoonPay, known …

In a decisive move, Montenegro’s Constitutional Court has rejected an appeal by Do Kwon, the founder of the collapsed Terraform Labs, against his extradition to the United States. This ruling marks another significant chapter in the legal battle surrounding Kwon, who faces charges related to the $60 billion collapse of the TerraUSD stablecoin and its sister cryptocurrency, Luna. Kwon’s Legal …

In a major move against cryptocurrency fraud, Argentina’s financial authorities have frozen $3.5 million worth of USDT (Tether) linked to the notorious Rainbowex Ponzi scheme. This marks a significant escalation in the country’s crackdown on illicit crypto activities as regulators work to protect investors and maintain the integrity of the digital asset market. The Rainbowex Ponzi Scheme Rainbowex, an unregistered …