Massive Crypto Scam Unveiled: ZkCasino Scammer Loses $27.1 Million After Fraudulent Scheme Exposed

One of the most significant cryptocurrency scams of recent memory has taken a major turn, with the scammer behind the fraudulent platform ZkCasino now suffering a loss of $27.1 million after their highly leveraged position in Ethereum (ETH) was liquidated. ZkCasino, which falsely claimed to be a blockchain-based gambling platform, has now also been linked … Read more

Altcoin Market Struggles as $OP Faces Massive Losses, But On-Chain Data May Point to Potential Upside

The cryptocurrency market has been through a rollercoaster of volatility, and it is evident that holders of altcoins are feeling the pressure. Numerous tokens have been teetering close to or at the stage where most all holders are practically in the red. This scenario has left some investors miffed because it looks like many altcoins … Read more

Trader Cuts Losses with AAVE and UNI, Sells $1.2 Million in Assets for a $360,000 Loss

Reflecting the nature of the cryptocurrency market in these challenging times, a trader by the name of 0xc61 has decided to exit both AAVE ($AAVE) and Uniswap ($UNI) and take a combined loss of $360,000. This was a 7-hour-old decision in a market where holding a position has proved very precarious for this trader. They … Read more

Crypto Market Faces Heavy Losses as Bulls Suffer Amid Price Declines

While the cryptocurrency market carries on its downward trend, significant losses are being suffered by the bulls, with some of the major players seriously impacted by the current market conditions. In the past 24 hours, we’ve seen an alarming amount of liquidations, particularly among traders who were long on a variety of high-profile assets. With … Read more

From $40 Million in Profits to a $2 Million Loss – The High Cost of Greed in Crypto

The market for cryptocurrencies is known for its volatility, but sometimes the most significant risk isn’t just the market swinging up or down—it’s the trader’s own refusal to take profits at the right time. Take this recent case, for instance: a trader was living large with what was supposed to be a $40.8 million profit. … Read more

The Risks of FOMO: Trader Loses $166K In Two Days Chasing Memecoins

A cautionary tale about the dangers of FOMO (Fear of Missing Out) has emerged, as one trader lost a staggering $166.2K in just two days by chasing hype around memecoins.   The trouble began yesterday when the trader FOMO-bought $QUANT, only to see its price drop shortly after. Frustrated by the loss, he sold his $QUANT … Read more

New Tokens On Binance See Sharp Declines In 2024, Reports HC Capital

According to HC Capital, a prominent crypto research platform, all newly listed tokens on Binance in 2024 have experienced significant declines from their all-time highs (ATH). These tokens span diverse sectors, including GameFi, AI, Layer 2, and Layer 3 technologies. The widespread downturn is attributed to several key factors: 1. Market Volatility: Initial hype and … Read more