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🚨 Binance aids Thai police in busting $277M crypto scam! 🇹🇭 The Royal Thai Police's CCIB, with support from U.S. Homeland Security Investigation, dismantled a massive scam operation involving luxury assets. Binance played a crucial role in the investigation, reaffirming its commitment to fighting crypto scams alongside global authorities. 🌐 📈 Crypto scammers are evolving fast, with $332M lost in September alone. The average cost of a data breach in the U.S. rose to $9.48M, while globally it reached $4.45M in 2023. 😱 👇 Share your thoughts on combating crypto scams in the comments! Let's work together to rebuild trust in the digital asset ecosystem. 💪

🚨 Binance aids Thai police in busting $277M crypto scam! 🇹🇭 The Royal Thai Police's CCIB, with support from U.S. Homeland Security Investigation, dismantled a massive scam operation involving luxury assets. Binance played a crucial role in the investigation, reaffirming its commitment to fighting crypto scams alongside global authorities. 🌐

📈 Crypto scammers are evolving fast, with $332M lost in September alone. The average cost of a data breach in the U.S. rose to $9.48M, while globally it reached $4.45M in 2023. 😱

👇 Share your thoughts on combating crypto scams in the comments! Let's work together to rebuild trust in the digital asset ecosystem. 💪

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🔔Crypto investor William Quigley discusses the downfall of former FTX CEO Sam Bankman-Fried, sentenced to 25 years for fraud and money laundering, in an exclusive interview. Quigley suggests Bankman-Fried's lack of experience and media-fueled rise contributed to the historic financial fraud. He also addresses the role of venture capitalists in FTX's fraudulent scheme. Additionally, Binance founder Changpeng Zhao has been sentenced to four months for money laundering.🔒 What are your thoughts on these high-profile crypto cases? Share in the comments! 💬👇
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🚀 Internet Computer (ICP) and Worldcoin (WDC) are making waves in the crypto world. ICP recently partnered with DEVCON Philippines, attracting over 1.5 million participants globally. Meanwhile, WDC has expanded its verified proof of humanness to Mexico. 🌎 But the real star of the show is KangaMoon (KANG), a new crypto still in its ICO phase. It's already grown by 290% and is predicted to skyrocket in 2024. KANG's unique ecosystem combines Play-to-Earn gaming with Social-Fi elements, making it a hot pick for investors. 💰 What are your thoughts on these cryptos? Let's discuss in the comments! 👇 Remember, always do your own research before investing.
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🔍 Blockchain forensics firm, Match Systems, has successfully recovered $68M in stolen crypto from a "dust" attack that occurred on May 3, 2024. The funds have been returned to the victim, thanks to the combined efforts of Match Systems and Cryptex.net. 🎉 In a separate incident, a crypto whale lost $69.3M in WBTC due to an "address poisoning" attack. Despite initial silence from the attacker, they eventually reached out via Telegram, leading to the recovery of the stolen funds. Match Systems emphasizes the importance of reporting theft promptly. The chances of asset recovery are as high as 70% if reported within the first hour, but drop to 20% if you wait a month. What are your thoughts on these incidents? 💭 Let's discuss in the comments! 👇
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🚀Crypto startups are on a funding spree! Arbelos Markets, a NY-based crypto liquidity provider, secured a whopping $28M to expand its offerings. Lagrange Labs, a blockchain computation startup, raised $13.2M to enhance blockchain computations. Ethereum scaling startup ZKM nabbed $5M to boost Ethereum’s scalability solutions. Volta, a non-custodial crypto platform, collected $4.1M to develop its institutional-focused infrastructure. Hemera, a web3 infrastructure startup, confirmed $2.6M in funds to build a scalable web3 ecosystem. Crestal Network, a service marketplace for Web3 developers, raised $2M. Moso, a shop-to-earn platform, saw $2M in seed funding.💰 What are your thoughts on these funding rounds? Comment below!👇
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📢 ARK Invest and 21Shares have revised their Ethereum (ETH) ETF proposal, ditching the crypto staking feature for a cash creation and redemption model 🔄. This strategic shift follows successful discussions with the U.S. securities regulator. The firms will now buy Ether corresponding to the order amount and deposit it with the custodian, leading to the creation of ETF shares. Despite the promising prospects, the SEC has been experiencing delays in making decisions on various spot Ether ETF proposals. What are your thoughts on this? 💭 Let's discuss below! 👇
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