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Crypto Scam Losses Hit $10 Billion in US in 2022
• Americans lost $10.3 billion to online scams in 2022, with crypto investment losses accounting for 25%. • Crypto fraud rose 183% in 2022 according to the FBI report. • The most common investment scams included liquidity mining, hacking social media accounts, impersonating celebrities and fake employment offers. Americans Lost Over $10 Billion To Online …
Crypto VCs Hold Over $5B in Silicon Valley Bank: Report
• Three crypto venture capital firms, Paradigm, Pantera Capital, and Andreessen Horowitz (a16z), may have over $5b tied up in Silicon Valley Bank (SVB). • Unconfirmed data from the US Securities and Exchange Commission’s ADV file shows that a16z-related funds had $2.85b in SVB, Paradigm-related funds was $1.72 billion and Pantera-related funds was $560 million …
BLUR Plunges 99%: Uncovering the Reason Behind the Crash
• BLUR is a non-fungible token (NFT) marketplace built on the Ethereum blockchain. It has seen an impressive surge in trading volumes and market share over the past 30 days, surpassing OpenSea. • However, its native token has plunged close to 99% from its all-time high of $45.98 due to a slew of factors. • …