Pig butchering scams led to $3.6 billion in crypto losses in 2024, emerging as the most significant fraud scheme of the year, according to a report by web3 security firm Cyvers. The long-term fraud method, where victims are groomed over time to make substantial investments, outpaced other forms of crypto scams in 2024. The report highlighted that $3.6 billion in stolen funds were traced to the Ethereum (ETH) blockchain alone. Pig butchering on the rise Cyvers tracked over 150,000 addresses and 800,000 transactions linked to pig butchering scams, illustrating the scale of the problem. The report follows an FBI announcement…
Author: MAK Gojar
A fiery South Korean plane crash widely credited to failed landing gear has invited a flurry of speculation, including whether something more came into play leading up to the disaster.”There are a million backups on this airplane. It’s extremely safe, and that’s what a lot of people are saying. They can’t understand why this airplane was landed on that runway at that speed with no flaps, with no gear. There might have been something else involved,” aviation consultant Mike Boyd told Fox News Sunday.”A bird strike on an engine might shut an engine down, but there’s so many redundant systems…
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Montenegro’s Minister of Justice, Bojan Božović, has signed an order to extradite Terraform Labs co-founder Do Kwon to the US. Montenegro’s Supreme Court recently determined that all legal conditions for Kwon’s extradition had been met. Following this ruling, the Ministry of Justice evaluated the competing requests and concluded that the US request favored the most legal criteria. Minister Božović subsequently signed the decree approving Kwon’s extradition to the US, denying South Korea’s request. In a statement, the Justice Ministry outlined its reasoning, noting factors such as the severity of the alleged crimes, the location of their commission, the timing of…
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Could Cristiano Ronaldo leave Al Nassr as he continues his quest for 1,000 career goals? Transfer Talk has the latest news, gossip and rumors.
After a long-running feud, Novak Djokovic and Nick Kyrgios developed a bromance and are now celebrating their first win as a doubles pair.
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Stephen Akridge, co-founder of Solana, is embroiled in a legal dispute with his ex-wife, Elisa Rossi, over alleged misappropriation of substantial gains from Solana (SOL) tokens, Bloomberg News reported on Dec. 27. Rossi claims that Akridge used his advanced expertise in crypto and blockchain to siphon off staking rewards from her digital wallet. According to the complaint, Akridge’s actions resulted in Rossi losing “millions of dollars” in income. She further alleged that Akridge controlled her accounts from early March to mid-May and reaped 100% of the staking commissions allocated to her SOL holdings. While the exact value of the disputed tokens…
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The 49ers have many decisions to make in 2025 after missing the playoffs for the first time since 2020.
CryptoQuant community analyst Maartunn shared data indicating that the XRP Ledger’s (XRPL) velocity has risen in the past few weeks amid heightened activity, suggesting growing utility within the network. Velocity is calculated by dividing a crypto market cap by its transaction volume. The analyst pointed out that an increasing velocity represents frequent network usage. He added that this could be an early indication of an impending price surge for XRP. XRPL’s velocity is approaching a resistance in a descending trendline, suggesting a growth in usage and potential price increase. Notably, XRPL velocity growth follows XRP’s price leap since the outcome…
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Last season’s NFC title game loss hasn’t changed Campbell’s approach; it might have made it more effective.
The following article is an op-ed by Laurent Benayoun, CEO of Acheron Trading. Algorithmic trading, or “algo trading”, has swiftly established itself within the financial landscape, particularly within the volatile, high-paced crypto market. While often perceived as a domain for high-frequency traders with deep pockets, algo trading is, at its core, about automating trading strategies to create a more systematic, unbiased approach. The crypto market has proven to be an ideal playground for these strategies, given its 24/7 operation, high volatility, and rapid evolution, but misconceptions persist. While many assume algo trading is synonymous with high-frequency trading (HFT), it’s actually…
CBS News correspondent Jan Crawford said the most underreported story in 2024 was concerns around President Biden’s age, which came to a tipping point after members of his own party forced him to withdraw from the campaign.”That would be, to me, Joe Biden’s obvious cognitive decline that became undeniable in a televised debate,” Crawford said on “Face the Nation,” the CBS Sunday show. “Unquestioned.” Reports from The Wall Street Journal, The New York Times and other outlets have revealed that some advisers close to the president have been concerned about Biden’s health since the early days of his administration. The White…
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El Salvador joins the US, China, the UK, Ukraine and Bhutan as the only countries with Bitcoin holdings currently above 6,000 BTC.
Miami Heat star Tyler Herro and Houston Rockets forward Amen Thompson got into a brawl on Sunday night during their matchup.The incident occurred in the fourth quarter with just over 35 seconds remaining in the game and Miami up 99-94 against Houston. CLICK HERE FOR MORE SPORTS COVERAGE ON FOXNEWS.COMHeat guard Terry Rozier was about to throw the ball back into play from the sidelines. Herro and Thompson jostled for position with both players latching onto each other’s jerseys, and it exploded from there.Thompson threw Herro to the floor and coaches and personnel from both teams tried to separate the two…