Egyptian crypto swindle scheme lures $6b from users

A bogus investing program known as Hoggpool has caused tens of thousands of Egyptians to lose around 194 million Egyptian pounds, equivalent to over $6 billion. The fraud has led to the arrest of 29 p...

Hong Kong Lures Crypto Exchanges and Firms Through Licensing

10 hours ago | 2 mins read Exchange News Regulators are ready to give licenses to crypto companies and exchanges. Crypto exchanges are now subject to regulations that are on par with conventional bank...

BTC price forms new support at $16.8K as Bitcoin lures ‘mega whales’

Bitcoin (BTC) could be busy forming fundamental support in its current tight trading range, the latest research suggests. In a tweet on Jan. 6, trading platform Trend Rider noticed that $16,800 is bec...

Tesla Lures $2.8 Billion From Korean Day Traders Amid Stock Drop

(Bloomberg) — South Korean retail investors have bought a net $2.8 billion worth of Tesla Inc. stock this year amid the electric-vehicle maker’s worst slump on record. Most Read from Bloomberg D...

SBF’s Viral Deepfake Lures Customers For Refund

In a news related to FTX’s former CEO, Sam Bankman-Fried went viral on Twitter due to a deepfake video this Friday morning. In the deepfake, SBF appeared to promise the victims of FTX — to make all of...

Bankman-Fried deepfake lures FTX customers into giveaway scam

A Twitter account impersonating the founder of bankrupt crypto exchange FTX, Sam Bankman-Fried (SBF), scammed customers into believing they could receive compensation through a fake giveaway, Vice rep...

Saudi Arabia Lures Executives to Neom With Million-Dollar Salaries, Zero Taxes

Saudi Arabia’s megadevelopment Neom is paying senior executives roughly $1.1 million each annually, according to an internal Neom document, showing how the kingdom is using large pay packages to lure ...

Aptos lures Solana developers tired of ‘eating glass’

Filip Dragoslavic has been involved in his share of Solana projects. A blockchain explorer, a digital wallet provider and a prize-winning decentralized fund management platform called Solrise. To say ...

Meta Plunge Lures Value Buyers as Growth Funds Flee

(Bloomberg) — For years, investors valued Facebook’s parent company as if its growth would never falter. Now that it has, fund managers who buy cheap, out-of-favor stocks are finally getting a c...

Binance.US Lures Traders by Waving Off Bitcoin Spot Trading Fee

10 mins ago | 2 mins read Exchange News The United States claims to have some of the lowest fees in the business.  A seed round valuing the firm at $4.5 billion was completed in April. According to Bi...

Buffett Lures Omaha Disciples With Stock Buys, Inflation Warning

(Bloomberg) — As war broke out in Europe and U.S. inflation soared, Berkshire Hathaway Inc.’s Warren Buffett was doubling down on a tried-and-trusted strategy to navigate the fallout. Most Read ...

Chinese Technology Stocks Jump as Cheap Valuation Lures Buyers

(Bloomberg) — A gauge of Chinese technology shares rallied by the most in three months as investors took advantage of attractive valuations in the battered sector and the prospect of looser mone...