Earning money online

  The authorities in Hong Kong arrested three teenagers in an operation during which they successfully rescued a 19-year-old man who had been the victim of a horrific incident involving illegal assault and kidnapping last month. This incident highlights the growing crime risks associated with digital currencies. During the incident, the victim was lured allegedly to conduct a cryptocurrency exchange at the hotel "Harbour Grand Kowloon", where he was later threatened and assaulted with a baseball bat by two of the accused. The victim, being in a deplorable state, managed to alert a friend, which led to the intervention of the authorities who arrested two of the accused outside and another inside the hotel. The defendants, who ranged in age from 16 to 19, are now facing charges of assault, illegal detention and extortion. This incident is just an example of the growing trend of cryptocurrency-related crimes in Hong Kong, where the authorities have seen a noticeable increase in

  Binance, the leading digital currency trading platform, faces legal and operational challenges that may determine its future course. According to information obtained by the Wall Street Journal from undisclosed sources, Changpeng Zhao, known as “CZ,” may be subject to criminal charges by the American authorities after a period of investigation. Despite the obstacles Binance has faced recently, such as the departure of some senior staff and extensive layoffs, there are those who remain optimistic about the sector’s ability to recover, such as Matt Hogan of Bitwise, who sees the field as strong and resilient. Despite these challenges, Binance co-founder Yi He confirms that the company will overcome these difficulties. Confidence within the company is wavering, especially with Binance's trading volume falling to half of global trading from 70% at the beginning of the year. Previous reports indicated that US authorities are considering accusing Binance of illegal practices, which thr

  Following FTX's Chapter 11 bankruptcy filing, the encapsulated cryptocurrency issued by crypto exchange FTX or its sister trading partner Alameda Research has now been hit by a significant drop in prices. According to Coingecko data, the bitcoin encapsulated on Sollet has fallen by more than 60% in the past 24 hours, significantly below the value of the original bitcoin. In contrast, the price of Ethereum encapsulated on Sollet also fell but by only 8% over the same 24-hour time frame. It should be noted that for both encapsulated digital tokens, soETH and soBTC, Coingecko displays a warning notice on its website that: SOBTC digital tokens are encapsulated with bitcoin tokens issued by FTX or ALAMEDA. These two entities have filed for Chapter 11 bankruptcy, so the original cryptocurrency is no longer recoverable. Cryptocurrencies, such as Bitcoin or Ethereum, on Solana make these assets available for use on the Solana blockchain so that users can hold or trade them in place of ac

  After Bitcoin returned to the level of 20 thousand dollars and altcoins emerged, the cryptocurrency market capitalization is once again close to 1 trillion dollars. Some wonder why the cryptocurrency market has soared and how long it will last, according to BitMEX co-founder Arthur Hayes, who believes a strong rally is being fueled by the US Treasury. What is the reason behind the rise in cryptocurrency prices? Hayes clarifies that the US Treasury is considering providing the market with short-term treasury bills to counteract the decline. The rise in cryptocurrency prices also came with improved macroeconomic conditions which became more favorable. The dollar index showed slight weakness. In the past five days, the DXY is down 1.77% and the cryptocurrency market has risen in about the same period. Michael van de Poppe, CEO of Eight Global and lead market expert, also highlights that US Treasury yields are falling. The increasing strength of the dollar has sent many other financial m

  The cryptocurrency sector continues to grow continuously across the globe, with the Middle East and North Africa (MENA) region has emerged over the past year, as it recorded the highest growth in the volume of cryptocurrency transactions year on year compared to all transactions in other regions. As the reports confirmed, the Middle East and North Africa region recorded an increase in the volume of cryptocurrency transactions by 48% between June 2021 and June 2022, the largest increase in the world, according to the new Crypto Geography 2022 report published by crypto analytics platform Chainalysis on October 20.  The Middle East and North African countries are at the forefront In second place comes Latin America with year-over-year crypto transaction volume growth of 40%, followed by North America with an increase of 36% and Central and South Asia with 35%. East Asia recorded the slowest growth at just 4%. According to the report, the reason for the growth of the MENA region can be

  There are different types of cryptocurrency wallets, including hot and cold wallets. Among the hot wallets, browser extension wallets are becoming increasingly popular because they are easy to use and without any software installation. This article will examine three of the best browser extension wallets you can use to manage your cryptocurrency wallet. What are browser extension wallets? Cryptocurrency wallets are known as either software wallets or hardware wallets. Browser extension wallets are not usually considered “software wallets,” even though they are part of the browser software. They are browser extensions that you can access using a supported browser. However, it is known as a hot wallet, a crypto wallet with an active internet connection. The program works on the browser as a non-wallet, that is, it does not keep the keys to your currency addresses, and it stores all the information in it. Browser wallets are mainly designed for blockchains and may not support crypto tok

 Binance Pool, a mining subsidiary of Binance, has launched a $500 million lending project to support the cryptocurrency mining industry. It will provide loans to private Bitcoin (BTC) miners. According to an official blog post published on October 14, Binance Pool will provide access to a $500 million loan fund with several terms, which include the tenure of 18 to 24 months, and interest rates from 5% to 10%, against certain physical or digital assets. as a guarantee. To determine a borrower's creditworthiness, the company will look at various metrics, including current performance, mining strength, and security. Binance Pool will also launch cloud mining products, directly buying cloud mining hash power from bitcoin mining digital infrastructure providers. Speaking, a Binance spokesperson clarified that the potential lending criteria will only accept secured lenders: “One of the requirements is that the applicant must be classified as a Binance VIP user and have a minimum of PH/