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PEPE Cryptocurrency Sees 17% Crash, But Whales Bet Big on Tenfold Surge Ahead
You are here: Home / News / Altcoin News / PEPE Cryptocurrency Sees 17% Crash, But Whales Bet Big on Tenfold Surge Ahead In recent weeks, PEPE, a meme cryptocurrency inspired by a famous cartoon frog, has captured significant attention in the crypto market. Since June 6, the token’s supply has decreased from 171.93 trillion to 170.18 trillion, coinciding with a 17% price crash. Despite this downturn, large-wallet investors have shown increased interest in accumulating PEPE. An unknown cryptocurrency investor has recently acquired 231.6 billion tokens from Kraken for $2.9 million. This purchase adds to their total acquisition of 750.34...
Binance co-founder beseeches Elon Musk to address cryptocurrency scams on X
According to Yi He, “a significant amount of money” was lost when X.com users were tricked by an impersonation scam. 7748 Total views 2 Total shares Own this piece of crypto history Collect this article as NFT Elon Musk’s X.com isn’t doing enough to prevent the proliferation of cryptocurrency scams on the social media platform. That’s the apparent sentiment from Binance co-founder Yi He, who took to the app recently to question whether its billionaire owner would address the problem. Yi He’s concern was brought up in reference to a purported impersonation scam running on the X platform. She posted...
Australia Bans Credit Card and Cryptocurrency Use in Online Betting to Curb Financial Risk
The Australian Government is cracking down on gambling, with credit cards tied to crypto in the line of fire. Regulators have banned the use of credit cards utilising digital currencies (or other unique lines of credit) from use in online gambling. The move comes as the government also plans to phase out gambling advertisements and apply greater restrictions to the industry. The gambling industry in Australia has taken a hit, with financial regulators implementing new rules on how these companies can accept deposits. Previously, online gambling sites could receive cash from credit cards linked to crypto accounts. This allowed investors...
