Scammers shifted to Ethereum in January, taking advantage of lower fees. They tricked nearly 4,700 people by mimicking familiar wallet routines. Total losses reached $6.27 million from these deceptive tactics. Always stay alert with crypto transactions to avoid similar traps.
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Bitcoin miner Cango sold $305 million in BTC. They're reducing debt and funding a shift into AI. This move highlights a broader industry trend. Miners are adapting as profits from mining shrink. They're exploring new avenues like artificial intelligence.
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A computer scientist argues cryptocurrency is a harmful scam. He says it wastes massive energy and enables crime. The tech doesn't deliver its promised benefits for most people. Many online commenters agree, calling it a speculative bubble. Others defend its potential for decentralized finance. The debate highlights deep divides over crypto's real value.
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