Scammers target vulnerable investors with fraudulent recovery schemes The Federal Bureau of Investigation (FBI) has warned the public about a growing scam involving fictitious law firms claiming to help victims recover lost cryptocurrency funds. According to a recent Public Service Announcement (PSA), these fraudulent operations are exploiting individuals who have already fallen victim to crypto scams, often preying on elderly investors. The FBI explained that the groups pose as legitimate law firms or recovery agencies, creating a false sense of trust by referencing fake government-linked entities, such as the so-called International Financial Trading Commission. “These organizations approach victims with promises…
Author: Blockto Team
NEAR shows resilience above key demand zones, with traders watching for a potential move toward $3.10 resistance. NEAR Protocol (NEAR) has managed to stabilize after a volatile few sessions, with price consolidating near $2.78 at the time of writing. The token has shown strength by defending the $2.60 support area, suggesting buyers are active in this critical range. The 4-hour chart shows that NEAR recently rebounded from the green demand zone around $2.60–$2.65, a level where the market has seen consistent accumulation. The price previously rallied above $3.00, but faced rejection near the $3.10 resistance, marked by heavy selling pressure.…
Institutional demand drives growth in tokenized funds and indexes Centrifuge has crossed $1 billion in total value locked (TVL), joining BlackRock’s BUIDL and Ondo Finance in the exclusive club of real-world asset (RWA) platforms exceeding the milestone. The achievement reflects the accelerating shift of institutions from pilot projects to large-scale adoption of tokenized financial products. Centrifuge CEO Bhaji Illuminati attributed the growth to this institutional pivot and to the rise of onchain allocator activity. “Markets need more than T-bills,” he explained, highlighting the success of JAAA — an onchain version of Janus Henderson’s AAA-rated collateralized loan obligation (CLO) fund. According…
BNB shows strong recovery momentum after defending key support, raising the question of whether a new all-time high could be on the horizon. Binance Coin (BNB) has continued its bullish momentum after rebounding from the $825 support zone, with the price now trading near $860. The surge represents a 28% rise in recent weeks, sparking renewed optimism among traders who are watching for signs of another all-time high (ATH). The 4-hour chart highlights how BNB successfully defended the green demand zone around $825–$830, a region where buyers previously stepped in with strength. From there, the token climbed steadily, pushing back…
Consultation under the GENIUS Act considers embedding compliance tools directly into smart contracts The US Department of the Treasury is weighing whether digital identity verification could be built into decentralized finance (DeFi) protocols as part of its wider effort to combat illicit finance in crypto markets. The proposal comes under the recently enacted Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, which sets the regulatory foundation for payment stablecoin issuers. The Treasury this week opened a public consultation, asking for feedback on emerging technologies such as artificial intelligence, blockchain monitoring, and identity credentials that might strengthen Know Your…
Bitcoin and Ether funds face first net redemptions in over a week After days of record-setting inflows, crypto exchange-traded funds (ETFs) ended the week on a weaker note. On Friday, August 15, investors pulled a combined $73 million from Bitcoin and Ether ETFs, halting a winning streak that had fueled optimism across the digital asset market. Bitcoin ETFs Face Modest Pullback Bitcoin ETFs recorded $14 million in net outflows, despite strong institutional demand. BlackRock’s iShares Bitcoin Trust (IBIT) attracted $114 million in new capital, but losses at other funds offset the gains. Grayscale’s GBTC saw $81 million in redemptions, while…
Ethereum (ETH) bounces strongly from the $4,426 support zone, gaining and eyeing resistance near $4,800. Ethereum has staged a sharp recovery after finding stability at a key support area. The leading altcoin surged more than 26% from its recent low, with price action now testing the $4,550 region. The move has renewed optimism in the market as traders watch whether ETH can sustain momentum toward the critical resistance zone around $4,750–$4,800. The 1-hour chart shows that ETH rebounded from the $4,426 support, marked by heavy buying activity. This level had previously acted as a demand zone, and once again, it…
In an era of rising geopolitical tensions, an unexpected figure has surged in Nobel Peace Prize predictions: Donald Trump. According to crypto prediction platforms Polymarket and Kalshi, the U.S. president is now among the top contenders, trailing only behind Yulia Navalnaya, wife of late Russian dissident Alexei Navalny. Trump’s Nobel Odds on Prediction Platforms This positions Trump ahead of traditional Nobel nominees such as Doctors Without Borders, the UN, and the International Court of Justice. Despite his controversial policies—including tariffs and trade wars—Trump’s growing odds reflect recent geopolitical developments and media coverage. This visibility has propelled Trump into an unexpected…
U.S.-Listed Miners Strengthen Share of Global Hashrate Bitcoin mining profitability improved in July, rising 2% compared to June, as the cryptocurrency’s price growth outpaced the increase in mining competition, according to a research note from Jefferies. The bank highlighted that while network hashrate climbed by 5%, the 7% surge in Bitcoin’s price provided miners with improved margins. “Positive BTC price momentum is the most favorable factor for digital asset businesses such as Galaxy’s, while miners continue to manage a rapidly growing hashrate,” wrote Jonathan Petersen, analyst at Jefferies. U.S.-listed mining companies produced 3,622 BTC in July, up from 3,379 coins…
Strong rebound at $0.0029 zone signals renewed market interest Dog (DOGUSDT) has staged a notable rebound after weeks of pressure, gaining more than 23% from its recent lows. The token is currently trading around $0.00305, showing resilience after defending a crucial support area. This development highlights the growing interest from buyers, especially as the market looks for stability following extended selling. The 4-hour chart indicates that DOG recently broke out of a descending channel pattern, a structure that had kept the price under consistent downward pressure. After finding strong demand in the $0.0028–$0.0029 support region, the token has since regained…
