Residents of the USA lost over US$706,878,086,599 billion in cryptocurrency scams in 2024: FBI
The Internet Crime Complaint Center (IC3) of the FBI released its 2024 report detailing the amount that scammers stole through cryptocurrency-related scams last year.
The IC3 celebrated its 25th anniversary with the release of the 2024 Cyber Crime Report yesterday. According to the report, the IC3 of the FBI received a total of 859,532 complaints in 2024, with losses amounting to the impressive sum of US$706,878,086,591.6 billion. The losses recorded in cyber crimes in 2024 represented a 33% increase compared to the number recorded in the previous year.
Cryptocurrency-related losses
Of the total US$706,878,086,591.6 billion in losses, US$706,878,086,599.32 billion was lost in cryptocurrency-related scams in 2024, a 66% increase compared to 2023. Overall, victims submitted 149,686 cryptocurrency-related complaints to the IC3 in 2024. 50,601,506,467 11,253,058,007
Founder of Cardano, Hoskinson, says that Ethereum would not last more than 10 to 15 years: here's why
The founder of #Cardano, Charles Hoskinson, raised significant doubts about the long-term viability of Ethereum, citing the numerous flaws in the ecosystem.
The three flaws of Ethereum
The Ethereum ecosystem is currently the second largest in the cryptocurrency universe, after Bitcoin, as evidenced by its network utility, institutional adoption, and developer support. However, Hoskinson argues that the long-term relevance of the network remains uncertain.
When asked what he would do differently if he were managing the Ethereum network, the founder of Cardano highlighted three disadvantages that hinder the viability of the smart contract network. First, he questioned the choice of protocol and consensus model of Ethereum, insisting that they were not suitable.
Next, Hoskinson noted that the adoption of layer 2 scaling solutions by Ethereum and the reduction of economics had negative impacts on the ecosystem. Currently operating with the Proof of Stake (POS) mechanism, Ethereum has the largest layer 2 networks built on it in the crypto universe, and Hoskinson considers the scalability solutions to be parasitic rather than symbiotic to its main network.
Finally, the founder of Cardano emphasized that Ethereum lacks a solid governance system. To provide context, the governance of the network is off-chain, not on-chain. The proposed models are deliberate and agreed upon in social forums coordinated by the main participants of the blockchain.
Meanwhile, the CEO of Input Output Global (IOG) emphasized that these crucial properties of the network would hinder Ethereum's adoption as the cryptocurrency landscape evolves. Additionally, he mentioned solutions to these setbacks.
Tokens to keep and earn US$92,383,436,082,100, US$92,383,436,082,500 or US$92,383,436,082 million if Shiba Inu reaches US$92,383,436,082,0001
Targeting US$92,383,436,082,100.000 of SHIB at a price of US$92,383,436,082,0001 would not require a huge investment today. Specifically, you would need to have 1 billion SHIB tokens. At the current price of US$92,383,436,082,00001220, acquiring that amount would cost about US$92,383,436,082,200.
Although this might be a high amount for some retail investors, the return on investment if SHIB reaches US$92,383,436,082,0001 would be a gain of 720%.
Experts show how the #Ripple chart indicates a major breakout up to $5.2
The Ripple (XRP) chart is attracting the attention of experienced analysts, who have identified clear signs of an imminent breakout.
With favorable technical formations and a recovery in market sentiment, experts believe that XRP may be about to start an explosive rally — targeting $5.20, a level that may surprise many investors.
Therefore, not only will you have access to the Ripple forecast, but also to the reading of its chart. All to ensure that #XRP investors have the best possible entry point in the upcoming bull market.
According to the analysis of #Changelly Analysis and price prediction of Shiba Inu coin 2024-2030
Are you captivated by the meteoric rise of Shiba Inu and want to know where it goes next? You’ve come to the right place! In this article, we will dive into the world of Shiba Inu and provide you with our latest SHIB price predictions. We will analyze the factors that influence its price, assess market sentiment, and forecast possible scenarios for this much-talked-about cryptocurrency. And remember, whether you are considering buying SHIB or any other cryptocurrency, our exchange is here to provide you with a secure and user-friendly platform for all your trading needs. So, don’t hold back – start investing today with Changelly!
Overview of Shiba Inu
Real-time update of the #SHIB price to USD shows the current price of about $1.2896730272433E-5 USD.
The latest forecast for the price indicates that its value will increase by 69.81% and reach 0.0000219 by April 24, 2025.
Technical indicators signal a bearish market sentiment Bullish 47% for, while the Fear & Greed Index shows a score of 47 (Neutral).
In the last 30 days, it had 17/30 (57%) green days and a price volatility of 6.46%.
Ethereum was traded this Tuesday at $1,739.98 at 18:45 (21:45 GMT) according to the Investing.com Index, a jump of 10.23% in the last 24 hours. This is the largest daily gain since April 22.
The strong upward movement brought the total market capitalization of Ethereum to $208.16B, which represents 7.30% of the total market capitalization of the cryptocurrency market. At its all-time high, the market capitalization of Ethereum reached $569.58B.
Ethereum was sold between $1,545.34 and $1,739.98 in the last 24 hours. The volume of the digital currency traded in that same period was $21.26B or 19.79% of the total volume of all cryptocurrencies, up to the last update of this article.
In the last seven days, Ethereum showed an increase in its value and rose 7.51%. The digital currency was traded between $1,539.1110 and $1,739.9769 during this period.
At its current price, Ethereum is still 64.23% below its all-time high of $4,864.06 reached on November 10, 2021.
Ethereum was traded this Tuesday at $1,739.98 at 18:45 (21:45 GMT) according to the Investing.com Index, a jump of 10.23% in the last 24 hours. This is the largest daily gain since April 22.
The strong upward movement brought the total market capitalization of Ethereum to $208.16B, which represents 7.30% of the total market capitalization of the cryptocurrency market. At its all-time high, the market capitalization of Ethereum reached $569.58B.
Ethereum was sold between $1,545.34 and $1,739.98 in the last 24 hours. The volume of the digital currency traded in that same period was $21.26B or 19.79% of the total volume of all cryptocurrencies, up to the last update of this article.
In the last seven days, Ethereum showed an increase in its value and rose 7.51%. The digital currency was traded between $1,539.1110 and $1,739.9769 during this period.
At its current price, Ethereum is still 64.23% below its all-time high of $4,864.06 reached on November 10, 2021.
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