Malone Lam, a 22-year-old Singaporean, pleaded guilty to helping steal over 4,100 Bitcoin worth $240 million by impersonating Gemini exchange and Google representatives. The scheme targeted a wealthy Washington investor through social engineering, convincing him to hand over security credentials. This case is notable as the first Bitcoin theft prosecuted under the RICO Act, involving 18 indicted individuals and highlighting risks of crypto scams despite strong technical security. Lam faces a minimum 14-year prison sentence, with prosecutors framing the operation as organized crime.
Cryptocurrency markets display mixed price changes, with Bitcoin falling 0.71% to $79,164 and Ethereum slightly up by 0.15%. Other coins like DOT and PUMP saw significant gains of 14.26% and 14.62% respectively, indicating selective investor interest...
Hunter Biden plans to launch his LAPTOP meme coin on Sept. 9 via Coinbase's Base network, issuing 1 billion tokens with 30% allocated to founders. Despite the official launch pending, copycat tokens have already generated $6.9 million in trading volu...
AMD reported impressive AI-driven earnings with Data Center revenue doubling and strong margin expansion, yet its stock price fell due to concerns over product mix and margin pressure. Despite a recent sideways stock movement, analysts remain bullish...
Hunter Biden announced the launch of a new memecoin called LAPTOP, set to debut on September 9 on Coinbase's Base network. The token aims to engage holders who lost money on the Trump memecoin by reserving 200 million tokens for airdrops to them and ...
Analyst Dr. Kamilah Stevenson warns XRP investors that even if they are right about the asset's long-term potential, mistiming market events like adoption or regulation can lead to losses. She highlights that many key factors influencing XRP's succes...
