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#CryptoScamSurge â ď¸ 1. Global Surge in Crypto Fraud & Theft . . . 2. AI & Deepfake-Driven Scams on the Rise In Q1 2025 alone, 87 deepfake-powered scam rings were dismantled across Asia. Nearly 40% of high-value fraud cases in 2024 involved deepfakes, impersonating known public figures to advance scams . Deepfake âgiveawayâ videos, fake influencers, and phishing bots are being deployed at scale, making scams much more convincing . 3. Pig-Butchering & Investment/Romance Scams âPig-butcheringâ scams continue to destroy fortunes. In 2024, they cost victims ~$5.5 billion across 200,000 cases, and they grew 40% year-over-year . These scams mix romance, trust-building and high-yield investment promises, ultimately defrauding victims out of huge sums. Experts consider them among the worst risks to retail crypto users . The COINZX fraud in Hyderabad/Mumbai targeted investors with fake returns on crypto, with police estimating RsâŻ200âŻcrore (ââŻ$24M) in lossesâauthorities have arrested key suspects and launched probes . A recent Telangana cyber task force uncovered a crypto-based âcyber-slaveryâ racket involving paid Chinese intermediaries funneling job-seeker commissions via crypto, exposing human exploitation tied to scams
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#StablecoinLaw The U.S. House of Representatives has passed a landmark stablecoin bill (GENIUS Act), sending it to the Presidentâs desk. This could be a major step toward regulatory clarity for the crypto industry, with implications for DeFi, payments, and beyond. On the other hand, this raises questions about decentralization and compliance. đŹHow will the new stablecoin law reshape the landscape for DeFi and global crypto payments? Let us know! đ Complete daily tasks on Task Center to earn Binance Points: â˘Â Create a post using #StablecoinLaw , â˘Â Share your Traderâs Profile, â˘Â Or share a trade using the widget to earn 5 points! (Tap the â+â on the Binance App homepage and select Task Center) Activity Period: 2025-07-20 06:00 (UTC) to 2025-07-21 06:00 (UTC)
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#CryptoMarket4T The global crypto market cap has surged past $4 Trillion, driven by massive institutional inflows into BTC and ETH. Such a rapid increase in market cap signals a new era for digital assets and could reshape global finance. đŹWhich key factors do you think are fueling this explosive growth in crypto market cap, and will this momentum last? đ Complete daily tasks on Task Center to earn Binance Points: â˘Â Create a post using #CryptoMarket4T , â˘Â Share your Traderâs Profile, â˘Â Or share a trade using the widget to earn 5 points! (Tap the â+â on the Binance App homepage and select Task Center) Activity Period: 2025-07-19 06:00 (UTC) to 2025-07-20 06:00 (UTC)
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