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#CryptoScamSurge Crypto scams are on the rise, with a significant surge in recent years. Here are some key statistics and trends: - *Total Losses*: Global losses to crypto scams reached $4.6 billion in 2024, with the US alone accounting for $9.3 billion in losses, marking a 66% increase. - *Scam Tactics*: Scammers are using sophisticated methods, including: - *Deepfake Impersonations*: AI-generated videos and fake Zoom calls to deceive victims, with a 245% surge in deepfake scams in 2024. - *Social Engineering*: Building trust with victims before soliciting investments, often through social media platforms like Facebook, X, Telegram, and WhatsApp. - *Ponzi Schemes*: Disguising scams as legitimate DeFi or NFT projects. - *Targeted Platforms*: Scammers are exploiting various platforms, including: - *Social Media*: Facebook, X, Telegram, WhatsApp, TikTok, and Instagram Reels. - *YouTube*: Impersonators exploiting the platform to lure victims through fake giveaways and spoofed content. - *Vulnerable Groups*: Older investors are particularly susceptible to these scams, with seniors being the primary victims of fake investment schemes. - *Industry Response*: Companies like Bitget are launching awareness campaigns, such as "Anti-Scam Month," and implementing enhanced detection systems to combat these scams ¹ ² ³.
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شاهد عائداتي وتفصيل حافظتي الاستثمارية. تابعني للحصول على المزيد من النصائح الاستثمارية
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$BNB ماهو رأيكم اليوم في سوق العملات #xrp هل ممكن توصل لل ١٠$ أو مستحيل شاركوني
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#CryptoClarityAct The CLARITY Act, or Digital Asset Market Structure Clarity Act, aims to bring regulatory clarity to the digital asset space in the US. Introduced on May 29, 2025, by Representative French Hill, it passed the House on July 17, 2025, after a historic 10-hour voting session. Here's what the act entails ¹: - *Key Provisions:* - *Defines digital assets clearly*: Establishes consistent legal definitions for terms like blockchain, digital asset, and digital commodity. - *Splits oversight between SEC and CFTC*: Assigns regulatory roles based on how a digital asset is used, with SEC handling investment offerings and CFTC handling commodities and trading. - *Creates "investment contract assets"*: Allows certain tokens that started as securities to later be treated as commodities if they become decentralized. - *Requires crypto businesses to register*: Exchanges, brokers, and dealers dealing with digital commodities must register with the CFTC or risk penalties. - *Protects self-custody rights*: Individuals are guaranteed the right to hold and use digital assets in their own wallets without needing a bank or intermediary. The CLARITY Act matters because it ¹: - *Replaces ambiguity with structure*: Provides regulatory harmony in the US, unlocking innovation and investment in digital assets. - *Benefits various groups*: - *Crypto companies*: Predictable oversight enables focus on innovation and product development. - *Institutional investors*: Clear compliance frameworks encourage greater participation. - *Retail investors*: Stronger protections and better disclosure standards increase confidence in token projects and exchanges. - *US innovation*: Positions the US as a global leader in digital finance. However, the act faces criticisms ¹: - *Weakens SEC oversight*: Consumer advocacy groups argue it reduces the SEC's power to protect retail investors. - *Adds confusion*: Former CFTC chair Timothy Massad says the dual-oversight approach might deepen confusion. - *Favors big tech*: Senator Elizabeth Warren
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$XRP XRP is currently trading at $3.55-$3.57 USD, with a 1.98%-3.59% increase in the last 24 hours. Here's a breakdown of its market performance ¹ ² ³: - *Market Cap:* $205.27 billion-$211.3 billion, ranking #3 in cryptocurrencies - *24-hour Trading Volume:* $8.59 billion-$9.49 billion, representing a 54.43%-59.60% increase - *Circulating Supply:* 59.18 billion XRP tokens - *Total Supply:* 99.98 billion XRP tokens - *Max Supply:* 100 billion XRP tokens Some notable price metrics for XRP include ³: - *All-Time High:* $3.65 (recently reached on July 18, 2025) - *All-Time Low:* $0.002802 (July 7, 2014) - *Recent Price Range:* $3.43-$3.57 (24-hour range) XRP can be traded on various centralized crypto exchanges, including ³: - *Binance:* XRP/USDT pair with a 24-hour trading volume of $1.035 billion - *Coinbase Exchange:* XRP/USD pair with a 24-hour trading volume of $439.78 million - *LBank:* XRP/USDT pair with a 24-hour trading volume of $385.24 million The XRP Ledger (XRPL) is an open-source, decentralized technology that enables low-cost transactions ( $0.0002 to transact), fast settlement times (3-5 seconds), and scalability (1,500 transactions per second). XRPL also features a built-in decentralized exchange (DEX) and custom tokenization capabilities ².
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