Virginia Office Recovers $1.7M in USDT for Crypto Fraud Victims

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The U.S. Attorney’s Office for the Eastern District of Virginia has recovered approximately $1.7 million in cryptocurrency from perpetrators of an investment scam, returning the funds to two victims who lost money to fraudulent trading platforms. This action highlights ongoing federal efforts to protect consumers from rising crypto fraud schemes. U.S. authorities seized 420,740 USDT [...]

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Binance Founder Crushes Bitcoin Critic In Game-Changing BTC Vs. Gold Debate

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The Binance Blockchain Week event in Dubai became the center of a high-stakes showdown between traditional and digital innovation, with Bitcoin and gold going head-to-head. Investors, tech enthusiasts, and financial experts watched closely as Binance founder Changpeng Zhao expertly debated renowned Bitcoin critic Peter Schiff, making a compelling argument for why Bitcoin is better than gold. Binance Founder Dominates Bitcoin And Gold Debate During the Binance Blockchain Week in Dubai, Schiff and CZ faced off in a high-profile debate over the value of Bitcoin versus Gold. Schiff defended gold as a safe, stable, and tangible asset while the Binance founder made a compelling case for Bitcoin’s adoption, utility, value, and global reach. Related Reading: Crypto CEO Says Bitcoin Was Never Meant To Be ‘Digital Gold’ – So What Is It? Throughout the debate, which lasted over an hour, CZ consistently demonstrated the practical advantages of Bitcoin, leaving Schiff’s gold argument largely on the defensive. The Binance founder emphasized Bitcoin’s transparent and predictable supply and its role in the modern financial systems. He pointed to hundreds of millions of users who rely on Bitcoin for payments, savings, and transfers. Schiff argued that Bitcoin lacks inherent value and is mainly driven by hype and faith that its price will rise. He stated that gold remains tangible, centuries old, scarce, and valuable in industry, making it superior to BTC. He further asserted that “nobody needs” Bitcoin and that the cryptocurrency is “backed by nothing.” Practical demonstrations played a key role in the debate between Schiff and CZ. The Binance founder explained how Bitcoin and crypto payments already improve financial efficiency, especially in emerging markets. Schiff questioned whether these transactions truly count as money, since merchants ultimately receive traditional currency. CZ’s response highlighted the importance of adoption and network effects, noting that people who use BTC directly for payments give it real-world significance. The debate also considered the preferences of younger generations. CZ asked Schiff whether millennials and Gen Z favoured Bitcoin or gold. The Bitcoin critic responded sharply, suggesting that they would choose gold. He pointed out that, with many young investors losing money on BTC, gold offers a safer, more appealing alternative. The Binance founder countered that younger people understand digital value more intuitively and prefer mobile, borderless, and censorship-resistant assets. Digital Value And The Future Of Money The debate between CZ and Schiff also highlighted the changing definition of money. Bitcoin functions as a decentralized network that enables instant settlement and transparent verification. Its adoption has also helped evolve the financial economy, facilitating faster and more seamless cross-border payments. Schiff argued that gold’s scarcity and industrial demand preserve its value and make it a reliable hedge against economic uncertainty. Related Reading: What Happens To The Bitcoin Price If It Follows Gold? Tokenization also became a point of agreement during the discussion, with Schiff emphasizing that gold can be digitized and tokenized for easier ownership and distribution without moving the physical metal. CZ contended that Bitcoin offers similar advantages while also enabling global financial inclusion. They also discussed the supply of both assets, with the Binance founder noting that Bitcoin has a visible supply, while gold doesn’t. They also talked about the performance of both assets over the years. Schiff argued that gold had outperformed BTC over the past four years. CZ contended that Bitcoin has far outpaced gold over the last 8 years, and since its launch in 2009, it has skyrocketed from a few cents to an ATH above $126,000. He concluded his debate, predicting that Bitcoin’s growth will outpace gold over time. Featured image from iStock, chart from Tradingview.com

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Solana Vs. XRP: Clear Winner Emerges With ETF Net Flow Numbers

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With the crypto market showing signs of recovery, both the XRP and Solana Exchange Traded Funds (ETFs) have attracted significant investor interest. The rivalry among major crypto ETFs has intensified, with XRP taking the spotlight amid its consistent surge in daily inflows and the Solana ETF recording significant outflows. Solana ETFs See Largest Outflow Yet Solana has entered a surprising phase of turbulence as its recently launched US Spot ETF struggles to maintain momentum after weeks of inflows. The latest data from Sosovalue reveal a sizable setback with a fresh withdrawal of $32.19 million, marking the third and largest outflow recorded since the investment product debuted in late October 2025. The outflow, registered on December 3, came as a major surprise, especially given that the broader crypto market had been enjoying a slight reprieve from the bearishness weighing it down. Notably, Sosovalue’s data shows that the entire Solana ETF outflow originated from the 21Shares TSOL offering , which shed $41.79 million in a single session. Minor inflows into the remaining six Solana ETFs had softened the blow, reducing total outflow to $32.19. Since the launch of Solana ETFs , TSOL has been responsible for all negative flows posted, including the $13.55 million pullback on December 1 and the $8.10 million decline in late November. Across all sessions, 21Shares Solana ETF has now seen total outflows reach $101.51 million. The weakness in TSOL stands in sharp contrast to Bitwise’s Solana ETF, BSOL . BSOL continues to outpace other investment products, with impressive cumulative inflows of $580.72 million, making it the most successful Solana ETF. Grayscale’s GSOL follows at a distant $89.01 million. Overall, the net cumulative inflows for the Solana ETF have reached $623.21 million. While this is impressive, it is still significantly behind the XRP ETF. XRP Overtakes Solana ETF As It Nears $1 Billion Inflows The latest on-chain numbers show the XRP ETF pulling ahead of the Solana ETF with surprising speed and volume. Analyst Neil Tolbert highlighted the rise in XRP ETF inflow this week, noting that growing institutional interest indicates the trend is only getting started. With more XRP ETFs expected to debut soon , Tolbert anticipates a significant rise in demand and inflows as traditional finance finally wakes up. Five Spot XRP ETFs collectively hold more than $984 million in assets, with less than $16 million to reach the $1 billion inflow milestone. Canary Capital’s XRPC leads with $358.88 million, followed by Grayscale’s GXRP, Bitwise’s ETF, Franklin Templeton’s XRPZ, and finally REX-Osprey’s XRPR . According to SosoValue, the total XRP ETFs, excluding that of REX-Osprey, have attracted approximately $887.12 million in net cumulative inflows. Since its launch in November, the XRP ETF has recorded 15 days of positive inflows, in stark contrast to Solana ETFs, which have seen multiple outflows. Despite Solana launching seven ETFs as early as October 2025 and XRP only introducing four last month, XRP ETFs have already surpassed Solana ETFs in total inflows by almost 30%. With fewer products and a later debut, XRP has emerged as the clear winner amongst the newest ETF entrants in 2025.

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Top Crypto Investors Track 650% Upside Potential for This $0.035 Token Ahead of Q1 2026, Here’s Why

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One of the altcoins that are rapidly gaining momentum and has a price per token of $0.035 is attracting attention with a handful of people looking to buy it as the market moves to early 2026. A significant portion of the top crypto investors are now of the opinion that this token may be heading towards the huge upside with certain models suggesting a potential 650% upside range once the first version is launched. As the movement picks up and the development milestones are in view, Mutuum Finance (MUTM) is turning into one of the hottest tokens going into the new crypto year. What Mutuum Finance (MUTM) Is Creating Mutuum Finance is developing a decentralized lending ecosystem to facilitate on-chain borrowing and lending. The platform involves two interlinked lending markets where the users can supply assets in either ETH or USDT. When they lend they get mtTokens. The value of these mtTokens increases with the repayment of interests by the borrowers. There is a liquidity-adjusting rate structure used by borrowers. Borrowing remains cheaper when the level of liquidity is high. As liquidity becomes constrained, it will be more expensive to borrow. Loan to value regulations restrict borrowing on collateral grounds. In case collateral is dropped excessively, it can be sold. Liquidators pay an appropriate part of the debt and appropriate discounted collateral. These mechanics stabilize the protocol whenever the market swings. Mutuum Finance started at $0.01 in early 2025 and is currently at $0.035 which is an increase of 250% in the course of development. The project has gathered $19.1M, earned over 18,300 holders, and sold excessively 810M tokens. Security Strength Mutuum Finance also stated on its official X account that V1 testnet will be published in Q4 2025. The initial variant consists of the liquidity pool, part of the system called mtTokens, the debt module, and the liquidation engine. They will support ETH and USDT. This shift to mass testing is among the most powerful stimuli changing the curiosity. The team has had a big concern on security. Mutuum Finance was also subjected to a CertiK audit with a score of 90/100 on the Token Scan. The lending contracts are under scrutiny at Halborn Security . There is a bug bounty of $50,000 to do extra testing. The steps are perceived by many investors as necessary to get confidence before V1. Reviewing early models, some analysts think that the token may be up 4x to 6x after V1 kicks in, should the volume and liquidity of loans be borrowed increase as expected in the first few months of the business. mtTokens and Daily Activity One of the most robust structural aspects within Mutuum Finance is the use of mtTokens. MtTokens gain value whenever a user is lending assets and the borrowers are paying back the interest. This would result in a sustainable and dynamical mechanism yielding that would be sustainable in the long-term use. The buy and distribute system is also employed in the protocol. Part of platform revenue acquires MUTM in the market. Bought tokens are given out to anyone who stakes mtTokens. This generates a steady buyer pressure that is directly based on protocol performance. This feature is absent in many DeFi programs in previous cycles, whereas it is available at the start of Mutuum Finance. The 24-hour leaderboard keeps up the daily activity. The highest contributing member gets MUTM worth $500 every day. This ensures the flow of participation and assists in retaining visibility during the periods of high and low volume in the market. According to some analysts, with the expansion of the use of mtTokens as scheduled and the buy pressure rising with the activity of the user, the token could increase by as much as 7x -8x the current price that stands at $0.035. Allocation Acceleration and Why This Moment Matters Phase 6 of Mutuum Finance is nearly completely filled. Allocation is pegged at 95% based on the region. The tokens are left at only a few at $0.035. Late stages are more rapid due to the expectation of the next price by the users. It has a launch price of $0.06 and this has escalated the urgency. There was also a recent whale allocation of $100K in the project which was among the largest entries this month. Whales inquiries are a common signal of the increasing confidence and the urge of smaller investors to first fix their positions before the shift. Big deal transactions are likely to accelerate value distribution and decrease importing stocks. Mutuum Finance is also card payment accepting, which means that onboard new users would find it much easier to get access in easy mode without any additional effort. As the allocation has decreased, with decomposing V1, closed audits, increasing the yield on the mtTokens, and plans to go to stablecoins, Mutuum finance is emerging as one of the best tokens to be considered as the top altcoin sphere opportunities in the first quarter of 2026. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://www.mutuum.com Linktree: https://linktr.ee/mutuumfinance

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U.S. Attorney's Office for the Eastern District of Virginia recovers nearly $1.7 million in crypto from fraudsters

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The U.S. Attorney’s Office for the Eastern District of Virginia has successfully recovered nearly $1.7 million in cryptocurrency from fraudsters and is returning the funds to two victims who fell prey to an elaborate investment scam. The recovery, announced Friday, represents the latest victory in federal efforts to combat the surging tide of cryptocurrency fraud plaguing American consumers. Federal authorities seized 420,740 USDT (Tether) and 1,249,996 BUSD (Binance USD) from three cryptocurrency wallets, all of which rounded to around $1.7 million. The United States Secret Service conducted the seizure before the U.S. Attorney’s Office filed a civil forfeiture complaint in federal court to clear title to the funds. According to court documents, perpetrators contacted one victim through a text message and another via social media, crafting messages that appeared accidental in an attempt to lower the defenses of their victims. Eastern District of Virginia moves to refund confidence scheme victims After the victims responded to the initial outreach, the fraudsters built trust by maintaining communication with them. They then persuaded the victims to move conversations to encrypted chat applications. Once rapport was established, the scammers introduced cryptocurrency investment opportunities through what appeared to be legitimate trading platforms. According to the information shared by the U.S. Attorney’s Office for the Eastern District of Virginia, “although the website mimicked a legitimate cryptocurrency investment platform, the spoofed site funneled the victims’ funds to the fraud perpetrators.” The site also presented false information to the victims, making them believe they were making sizeable gains. However, when victims attempted withdrawals, they encountered new demands. The fraudsters used other tactics to coerce the victims into sending more money, including informing them that they owed taxes and fees on their purported profits. At the end, “the perpetrators never let the victims withdraw anything more than trivial amounts and stole the victims’ money.” Following the thefts, the perpetrators laundered the proceeds through complex cryptocurrency transactions, converting one digital currency to another in attempts to obscure the money trail. Despite these efforts, Secret Service agents traced the funds and executed the seizures. Crypto victims see hope for recoveries The Virginia recovery represents one of several recent successes by the Eastern District in combating cryptocurrency fraud. In August, the same office recovered $1.9 million for a victim ensnared in a similar scheme, while in March, there was a $7 million recovery involving more than 75 shell company bank accounts. There are many recoveries being made across the United States and globally. The Justice Department executed its largest-ever forfeiture in October, seizing approximately $15 billion in cryptocurrency linked to the Prince Group’s Cambodia-based operations, as reported by Cryptopolitan. Earlier in June, authorities confiscated $225 million connected to pig butchering scams affecting more than 400 suspected victims worldwide. Federal estimates suggest Americans lose billions annually to cryptocurrency investment fraud. The Federal Bureau of Investigation (FBI) reportedly notified over 4,300 victims across the country as of January of this year, saving them an estimated $285 million. Disturbingly, 76% of those contacted were unaware they were being defrauded, according to federal data . If you're reading this, you’re already ahead. Stay there with our newsletter .

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Cryptocurrencies Face Dynamic Challenges as Market Awaits Fed’s Interest Decision

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Bitcoin anticipates Fed's interest rate decision while remaining under $90,000. Ethereum prepares an update to decentralize staking pools and enhance network resilience. Continue Reading: Cryptocurrencies Face Dynamic Challenges as Market Awaits Fed’s Interest Decision The post Cryptocurrencies Face Dynamic Challenges as Market Awaits Fed’s Interest Decision appeared first on COINTURK NEWS .

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