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All AI crypto coins With A Comprehensive Guide

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How many are there AI crypto coins? The rapid pace of development within the areas of artificial intelligence and blockchain brought the world an incredibly new class of digital assets that came to be known as AI cryptocurrencies. AI-driven capabilities combined with blockchains to present unique functionalities never seen in standard cryptocurrencies.

Examples of what is possible include more automation, enhancements in data analytics, and, therefore, enhancements in decision-making. As AI continues to evolve, AI crypto coins are bound to play a key role in building the digital economy, offering innovative solutions to industries like finance, healthcare, supply chain management, and cybersecurity.

This article explores leading AI crypto coins, their significance, market trends, price predictions, risks, challenges, and future projections to give you thorough insight into their differences within the blockchain ecosystem.

The Intersection of AI and Blockchain

Artificial intelligence and blockchain technology are two of the most revolutionary advancements of our time, each transforming industries in unique ways. While AI excels at data processing, automation, and decision-making, blockchain offers decentralized security, transparency, and immutability.

When these two technologies merge, they create AI crypto coins—digital assets designed to leverage AI’s computational power while maintaining blockchain’s decentralized trust. This will finally enable smart decision-making in decentralized networks, opening ways for extended automation, secure transactions, and innovative economic models.

AI crypto coins are not just about making smarter blockchain solutions; they are about redefining how machines interact with financial and technological systems globally.

Why AI crypto coins Matter

The importance of AI cryptocurrencies relates to their role in enhancing functionality for blockchains and driving AI efficiencies in decentralized ecosystems. While traditional blockchain networks rely on predefined protocols to operate, AI can make them adapt dynamically, optimize transaction speeds, and make predictive adjustments based on real-time data.

AI-powered cryptocurrencies power new models of the economy, such as autonomous trading bots, AI-managed investment funds, and decentralized AI marketplaces. Coupled with blockchain, digital assets ensure a future in which technology will work almost autonomously but securely, transparently, and efficiently.

How do Set Up interactive brokers automated trading?

Top AI crypto coins

The fast-growing market for AI cryptocurrency has seen some pioneering projects come up with different functionalities. Below is a summary table for some of the top AI crypto coins, their use cases, and their tokens.

Cryptocurrency Token Use Case Price Prediction (2025)
SingularityNET AGIX Decentralized AI marketplace $1.50 – $3.00
Fetch.ai FET Autonomous economic agents for automation $2.00 – $4.50
Ocean Protocol OCEAN AI-driven data sharing and monetization $1.80 – $3.50
Numeraire NMR AI-powered hedge fund and predictive modeling $35 – $60
Render RNDR Decentralized GPU rendering for AI and graphics $5.00 – $8.00
Bittensor TAO AI model training and incentivized collaboration $250 – $400
Cortex CTXC AI-powered smart contracts and machine learning $0.50 – $1.20
DeepBrain Chain DBC AI computing power marketplace $0.10 – $0.50
Velas VLX AI-enhanced blockchain for scalability and efficiency $0.20 – $0.60
SingularityDAO SDAO AI-managed DeFi portfolios and trading bots $1.80 – $4.00
Covalent CQT AI-enhanced blockchain data indexing $0.50 – $1.50
Phala Network PHA Privacy-preserving AI computing $0.30 – $1.00
Matrix AI Network MAN AI-powered blockchain optimization $0.20 – $0.80
Alethea AI ALI AI-generated NFTs and digital avatars $0.40 – $1.20
Vectorspace AI VXV AI-powered financial and scientific analytics $3.00 – $6.00

AI crypto coins are a frontrunner for technological change by fusing AI capabilities into blockchain security and decentralization. This growth in adoption means further changes for many sectors as new ideas bring forward the case for a more intelligent automated financial system.

Detailed Explanation of AI crypto coins

1-SingularityNET (AGIX)

SingularityNET is a decentralized marketplace for AI designed to seamlessly allow access to different AI services from all industries. Developers can build, share, and sell AI models while maintaining interoperability among various applications.

This will ensure that AI researchers and businesses work together in this ecosystem, knowing that their AI models can speak to each other in a seamless, decentralized manner that is open and transparent. It also means enterprises can deploy AI solutions independently of centralized technology giants, thereby democratizing AI adoption globally.

2-Fetch.ai (FET)

Fetch.ai offers a decentralized platform for autonomous economic agents, or AEA in short – AI-driven software entities that perform tasks on behalf of users. These agents help enable machine learning-driven automation in industries like finance, logistics, and IoT. With the help of Fetch.

ai, human intervention is reduced, and decision-making processes are optimized. This enhances efficiencies for a number of industries such as supply chain management and digital trading markets.

3-Ocean Protocol (OCEAN)

Ocean Protocol is a decentralized data exchange protocol that empowers business companies and individuals to share and monetize AI-driven datasets. Ocean Protocol enables an open data economy with secure, transparent transactions enabled by blockchain.

This project addresses the issues of accessibility of data and data privacy whereby the provider of data has complete control over the assets yet can let them be available for AI-driven insights and analytics.

4-Numeraire (NMR)

Numeraire is an artificially intelligent hedge fund that uses machine learning models to predict market trends. It is a platform where data scientists can submit trading algorithms and get compensated according to the accuracy of the predictions.

By aggregating forecasts produced by AIs, it enhances the efficiency of financial markets, making the Numeraire network a significant building block of AI-powered investing strategies.

5-RNDR

Render Network is a decentralized GPU rendering platform that supports AI-powered applications. By utilizing idle GPU power from contributors worldwide, Render facilitates cost-effective rendering for AI training, digital content creation, and high-performance computing. This decentralized model allows for scalable AI model training without relying on centralized computing infrastructure.

6-Bittensor (TAO)

Bittensor is a blockchain-based AI marketplace for training and monetizing AI models through decentralized computation. It is designed to be an open and secure space for AI development by incentivizing collaboration among AI researchers.

Machine learning tasks that the platform currently supports include, but are not limited to, natural language processing and predictive analytics.

7-Cortex (CTXC)

By introducing AI capabilities to smart contracts, Cortex enables dApps to make AI-driven decisions. The new innovation allows the possibility of AI-powered automation in blockchain-based services, from finance and healthcare to others, with no reliance on centralized data processing.

8-DeepBrain Chain (DBC)

DeepBrain Chain provides a decentralized AI computing platform that provides cheap computing power for AI model training. It ensures data security while reducing operational costs and thereby further democratizes AI for startups and researchers.

9-Velas (VLX)

Velas marries AI and blockchain to help improve transaction speed and optimizing network security. It employs AI-driven algorithms in automating block validation for better efficiency with less energy consumption by the decentralized systems.

10-SingularityDAO (SDAO)

SingularityDAO employs AI in DeFi portfolio management. The platform uses machine learning to predict market trends that reduce investment risks via better asset management strategies.

11-Covalent (CQT)

Covalent provides AI-enabled blockchain data indexing, allowing developers to query and analyze large amounts of blockchain data for business intelligence and analytics.

12-Phala Network (PHA)

Phala Network concentrates on the field of privacy-preserving AI computing, where sensitive data will be safely treated in decentralized applications.

13-Matrix AI Network (MAN)

Matrix AI Network uses blockchain performance optimization via AI, bringing better scalability, security, and higher transactional throughput.

14-Alethea AI

Alethea AI focuses on NFTs of AI while allowing users to create digital intelligent and interactive digital avatars.

15-Vector-space AI

Vector AI uses machine learning to provide predictive analytics in finance and scientific research to make superior decisions.

Risks and Challenges of AI crypto coins

Risks and Challenges of AI crypto coins

Although these AI crypto coins have enormous possibilities and open up new avenues, they are also fraught with risks and challenges that investors and developers must be aware of:

  1. Regulatory Uncertainty

Stricter regulations could reduce the rate of adoption and development of AI cryptocurrencies, which in turn could also introduce some legal and compliance issues.

  1. Security Vulnerabilities

The integration of AI and blockchain ushers in a whole new dimension of security vulnerabilities: data manipulation, AI bias, and smart contract vulnerabilities. Hacking and exploits may undermine the reliability of AI-powered blockchain systems.

  1. High Volatility

Like most cryptocurrencies, AI-based tokens are very volatile. Price fluctuations may be influenced by speculation in the market, changes in regulation, and technological advances that make investments dangerous for unprepared traders.

  1. Scalability Issues

Most AI-driven projects require immense computational resources, which can strain blockchain networks. Ensuring scalability without sacrificing decentralization remains a significant challenge for AI crypto coins.

  1. Ethical Concerns

AI can introduce bias, ethics, and unforeseen consequences. Fairness and transparency of AI management or governance in decentralized ecosystems are considered critical for long-term adoption and trust in their use.

Future of AI crypto coins

The future of AI cryptocurrencies is bright, with continuous development in both AI and blockchain technologies. Following are some of the key trends likely to shape the landscape:

  1. Integration with DeFi and Smart Contracts

AI-driven automation in DeFi will further improve trading, lending, and risk management strategies, thus making financial services more efficient and accessible.

  1. AI-Powered Governance Models

DAOs might incorporate AI to optimize decision-making, efficient resource distribution, and governance efficiency, thus making them self-sufficient economic ecosystems.

  1. Enhanced Security due to AI

Fraud detection with the use of AI, anomaly detection, and predictive security will fortify blockchain networks, taking their resilience against cyber threats to the next level.

  1. Widespread Adoption in Industries

AI-based cryptocurrencies will find more applications in industries like health, logistics, and online gaming, wherein applications of AI-driven blockchain solutions are believed to accelerate innovation and efficiency.

  1. Hybrid AI-Blockchain Models

Future AI crypto coins will integrate hybrid models, combining decentralized AI processing with off-chain computation in such a way that optimizes efficiency without compromising security.

Conclusion of all AI crypto coins

Due to the continuous improvement in AI and blockchain, AI crypto coins are bound to continue realizing more innovative solutions in the field of automation, security, and efficiency.

These tokens signify a number of the most vital steps toward both a decentralized and AI-powered digital economy; hence, they are promising investments and technological frontiers. However, investors and developers will have to be cognizant of these risks and challenges to sail through this ever-emerging frontier.

Define ripple effect | How It Impacts the World?

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What Is the Ripple Effect? Have you ever thrown a stone into a still lake and watched the ripples spread out in perfect, mesmerizing circles? That’s the ripple effect in a single action that creates a chain reaction, spreading outward and influencing everything it touches. But the ripple effect isn’t just a neat physics phenomenon.

This is one of those powerful concepts that finds great application in economics, social change, technology, and even cryptocurrency, Ripple, or XRP, too. Let’s break it down and explore how this idea connects to the exciting world of blockchain and Ripple’s impact on the financial industry.

Define ripple effect

In simple terms, the ripple effect is when one action sets off a series of consequences that spread far and wide, much like those ripples in the lake. It’s all about interconnectedness. Think about it: if gas prices suddenly spike, transportation costs go up. This affects the price of goods, your monthly budget, and even broader economic trends. That’s the ripple effect in the economic world.

But it is not all about money. This concept can also be applied to people. A good word or deed from a person can brighten up your day, and you may well pass it on to others. On the other hand, negative actions, such as ignoring environmental issues, can result in disastrous outcomes, like climate change.

So, next time you hear the ripple effect-remember, it’s an idea that even those small things make big ripples over time.

Meaning of ripple effect

Whenever the word “ripple” is mentioned in the tech or financial circles, it might as well be about Ripple Labs and its cryptocurrency, XRP. This is not your ordinary digital coin. Ripple is both a blockchain-based payment protocol and a cryptocurrency created to make faster, cheaper, and more reliable cross-border transactions. Sounds like a game-changer, right? That’s because it is.

What is the ripple effect?

Ripple is not just about sending money quickly. It’s about revolutionizing the way money flows around the world. Ripple Net payments network allows for a system in which financial institutions can settle transactions in real time without the expense or delay of traditional banking.

Now let’s discuss XRP, the cryptocurrency that powers this network. As opposed to Bitcoin, which relies on energy-consuming mining, XRP employs a consensus algorithm known as the Ripple Protocol Consensus Algorithm (RPCA). It’s faster and much more eco-friendly—a definite advantage in today’s world focused on sustainability.

XRPL coins

Great question! XRPL is short for XRP Ledger, which is the blockchain network that Ripple is built on. XRPL coins are XRP and any other tokens that are constructed on this distributed ledger.

XRPL can be thought of as a very efficient and scalable network that completes transactions in near real-time using an infinitesimal amount of energy. It’s the tech equivalent of cutting the line at the bank.

The Ripple Effect in Action: How Ripple Shakes Things Up

Ripple has created its own ripple effect (pun intended) in the technology and financial industries. Let’s break down why this is important:

1. Banking Transformation: Ripple’s technology has pushed legacy banks to modernize their archaic systems. Banks like Santander and Standard Chartered have already jumped on the bandwagon.

2. Market Trends: Ripple’s action tends to make waves in the crypto market. When XRP appreciates, it tends to generate interest in other cryptocurrencies, leading to a ripple effect.

3. Public Awareness: Ripple has brought to the fore the possibilities of blockchain beyond cryptocurrency speculation. This has paved the way for innovation in sectors such as healthcare, logistics, and supply chains.

Have you noticed how quickly the world is making the transition to digital payments? That’s at least partly thanks to Ripple and its mission of making global payments frictionless and affordable.

How Much Is Ripple Worth Today?

If you’re based in India or are just interested, you’re likely wondering, “What is Ripple worth in INR?” Cryptocurrency exchange rates change faster than you can update your app, so you’ll always be best served by checking current prices on sites such as WazirX, CoinDCX, or Binance.

Read more: xrp etf

Price of ripple in INR

If you are in India or just curious, you might be more interested in how much Ripple is worth in INR. Given that cryptocurrency prices change faster than you can refresh your app, it’s always a good idea to look at real-time rates across different platforms like WazirX, CoinDCX, and Binance.

What Effects ripple cryptocurrency price today?

What Effects ripple cryptocurrency price today

A quick rundown on the factors will look something like this:

• Market Demand: With more and more people wanting XRP, its price increases correspondingly.
• Regulatory News: Positive updates, such as a court victory for Ripple Labs, instill confidence and push up prices.
• Partnerships: When big names such as American Express are using Ripple, that is typically great news for investors.
• Global Economy: Larger trends, including inflation and changes in currency, also impact XRP. How much is Ripple today? Take a quick guess before you look-it may surprise you!

Ripple’s Vision

Ripple aims simple-to create a world where money moves as smoothly as information. Imagine sending money to someone halfway across the globe as easily as sending an email. That’s the dream Ripple is chasing, and they’re making impressive strides.

Of course, Ripple’s journey has not been devoid of challenges. The most defining moment in this journey remains the ongoing tussle between it and the US Securities and Exchange Commission. The best possible legal outcome could well position Ripple as the leader of blockchain-based payments solutions.

Meanwhile, Ripple is toying with exciting areas such as DeFi and NFTs, which indicates a sense of determination on the part of this company to always be ahead of its times and to shape the future of finance.

Summary of ripple effects

The ripple effect teaches us that every action causes a ripple effect, big or small. Ripple has taken that to heart and is causing ripples in the financial world with its blockchain technology and XRP cryptocurrency. Investors, enthusiasts, and anyone curious about where the future of money will head should keep a close eye on Ripple’s story.

But enough about me, what about you? Have the ripples ever happened in your life? Maybe you are an investor of XRP or just an enthusiast of how this digital money works. Please share your thoughts, predictions, or even questions. Let’s keep this conversation running, as with Ripple itself, a single thought may create waves.

5 most rapidly growing tokenization trends to watch for in 2025

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5 most rapidly growing tokenization trends to watch for in 2025👌

Tokenization of real-world assets poised to reach $5 trillion by 2025, with real estate and bonds leading the surge.

As the crypto industry leaves 2024 on a high note — marking a year filled with explosive growth — 2025 shapes up to become quintessential for the industry’s evolution.

The surge in real-world asset (RWA) tokenization and institutional influx in crypto will accelerate, driven by five key sectors showing the most explosive growth potential. Each of these trends will have major implications for the future of finance.

Tokenization transforms market liquidity

The far-reaching impact of tokenizing traditional real-world assets (RWAs) will become pronounced in 2025, massively improving liquidity and broadening market access, and bringing about a shift in how we think about asset ownership and trading. Tokenization will enhance traditionally illiquid assets through fractional ownership and 24/7 trading on blockchain platforms, enabling smaller players to access previously institutional-only assets.

The tokenized asset market is projected to reach $5 trillion, up from around $310 billion in 2022, with real estate comprising $1.4 trillion and bonds $1 trillion. Fractional ownership could attract 20%–30% more retail investors, while over 80% of institutional investors are expected to adopt tokenization. The liquidity premium for illiquid assets could reach 5%–20%, with real estate seeing up to 60% improvement in liquidity compared to traditional investments.

The US, EU, and Asia will dominate tokenization adoption, accounting for over 85% of the market. In a clear sign of market maturation, the number of tokenized securities listed on blockchain-based platforms is expected to grow by 200%.

And as the market for tokenized assets expands, the regulatory framework surrounding these innovations is evolving to keep pace.

Major regulatory shifts reshape the landscape

The regulatory environment isn’t standing still – far from it. Global regulatory frameworks will create more clarity for digital securities in 2025, marking a crucial evolution in how these assets are governed and traded. This development comes at a critical time, as the industry has long sought clearer guidelines to operate within.

New unified regulations will promote cross-border trading and reduce legal ambiguities, while compliance tools integrating blockchain analytics will streamline regulatory adherence. These are substantial changes that will open new doors for market participants.

The impact is already becoming visible: markets compliant with frameworks like MiFID, MiCAR, and DLT in the EU could witness a 30%–40% growth in institutional participation. In fact, over 80% of jurisdictions worldwide are expected to implement clear digital asset regulations, up from 50% in 2023.

To support this regulatory evolution, the number of regulated tokens is projected to grow 50% annually, with compliance software reaching $6 billion by 2025.

With clearer regulations providing a stable foundation, traditional financial institutions are increasingly recognizing the potential of tokenized assets.

Rise of institutional participation drives maturity

Next year, the industry will likely see a potential rise in institutional investments driven by improved infrastructure, custody solutions, and risk management tools. As more big players enter the market, it fundamentally strengthens the ecosystem. Among the main incentives for institutions to increasingly participate in secondary markets are better custody solutions and reduced settlement times made possible by blockchain-based infrastructure.

To address the sophisticated needs of institutional investors, risk management tools, including smart contract audits and automated compliance systems, will address operational and regulatory risks, while specialized custodians bridge traditional finance and blockchain-based trading.

Institutional trading in digital assets including stablecoins is expected to grow from 35% of the total market volume in 2023 to 50% in 2025, contributing $5–$6 trillion annually. Institutions will likely contribute more than 70% of liquidity in secondary markets for tokenized securities, bolstered by enhanced blockchain infrastructure and reduced settlement times. At the same time, real-time settlement enabled by blockchain could save institutions $10 billion annually by eliminating traditional clearing processes.

In the custody space, leading providers like Fireblocks, Anchorage, and BitGo are projected to secure $5 trillion in digital assets by 2025, up from $1.5 trillion in 2023.

As institutional adoption grows, the need for better integration paths between different blockchain networks becomes increasingly important.

The evolution of interoperability enables cross-market trading

Perhaps one of the most exciting developments on the horizon is how advances in blockchain interoperability will enable seamless trading across platforms and jurisdictions in 2025, allowing assets issued on one blockchain to be traded seamlessly across multiple platforms and jurisdictions via interoperability

protocols that enable cross-chain transfers to foster a unified ecosystem for secondary markets.

This will reduce fragmentation, allowing traders and investors to access global liquidity pools without switching between isolated networks, and increase the growth rate of cross-border trading by eliminating barriers like currency exchange limitations and local custodianship. Still, regulatory harmonization will remain a key challenge, requiring close collaboration between technology providers and policymakers.

The potential impact is substantial: interoperable networks could handle over 50% of tokenized transactions, with cross-chain potentially doubling trading volumes versus single-chain competitors.

Looking at the broader ecosystem, up to 70% of secondary market platforms could adopt cross-chain solutions through more than 150 operational bridges, gradually moving away from those that in the past suffered from security vulnerabilities, enabling seamless interoperability between blockchain ecosystems. Wrapped assets are also expected to represent $1 trillion in tokenized value across chains by the end of 2025, with cross-chain platforms reducing transaction finality times by 40%–60% and improving capital efficiency and trading speeds.

While traditional institutions are embracing tokenization, parallel innovations in decentralized finance are reshaping how these assets can be traded and managed.

Faster adoption of decentralized platforms accelerates transformation

The final trend we’re seeing emerge is how various DeFi models will continue to increase the significance of their role in facilitating peer-to-peer secondary market trading with minimal intermediaries, becoming increasingly prominent. This changes everything with respect to how we think about financial intermediation.

As a result, DeFi trading volumes in secondary markets are projected to hit $500 billion annually by the end of 2025, a 200% increase from 2023, while liquidity pools for tokenized assets could manage over $80 billion in assets, providing instant trading capabilities.

Platforms will also use smart contracts to automate investor rights such as voting and dividend payments, attracting more institutional participation. Ultimately, DeFi adoption among institutional users could increase to 30% — compared to less than 10% in 2023 — due to improved governance and risk management tools. Read more at cryptoslate.com.

elon musk how many bitcoins does have?

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elon musk how many bitcoins!

Elon Musk, the chief executive of Tesla and SpaceX, has received a lot of attention in the world of cryptocurrency when it comes to Bitcoin. He has publicly disclosed that he personally owns some Bitcoin, but the extent of his investment is not known.

Elon Musk, a name that read a synonym for innovation and disruption. The same name is often linked with cryptocurrency, especially Bitcoin. He does influence digital assets- his tweets have time and again caused the shifting of markets. However, details about his personal and corporate Bitcoin holdings are a mix of confirmed facts and speculation.

elon musk how many bitcoins does Elon Musk have?

His companies, Tesla and SpaceX, have traded a good deal of Bitcoin; current estimates put their holdings at about 11,500 and 8,285 Bitcoin, respectively.

At “The ₿ Word,” an event he attended in 2021, Musk said, “I do own Bitcoin, Tesla owns Bitcoin, SpaceX owns Bitcoin.”

This implies that Elon Musk has proven personal ownership of Bitcoin, though the amount kept by himself remains unknown. His companies, Tesla and SpaceX, have invested large quantities of Bitcoin; however, this level cannot be accessed at the moment.

Personal Bitcoin Holdings

In July 2021, when speaking at a panel discussion at “The ₿ Word” conference, Elon Musk confirmed he personally owns Bitcoin and other digital currencies, including Ethereum and Dogecoin; however, he refused to express the number of Bitcoins he might own.

During a follow-up question regarding whether he has ever sold the personal Bitcoin he owns, he clarified that: “I haven’t sold my personal Bitcoin yet, but if the price of Bitcoin goes down, I lose money. I might pump, but I don’t dump.”

This statement suggests that Musk views Bitcoin as a long-term investment rather than a speculative asset for short-term profit. Speculations in the crypto community estimate that Musk’s personal Bitcoin holdings could be substantial, but without concrete figures, this remains conjecture.

Tesla’s Bitcoin Investment

In February 2021, Tesla announced a historic purchase by investing $1.5 billion in Bitcoin, becoming one of the largest corporate investors in the cryptocurrency at the time. This led to a massive increase in the prices of Bitcoin and further underlined Musk’s impact on the market.

The company also disclosed that it would accept Bitcoin as a mode of payment for its electric vehicles, though it later decided to reverse the decision due to the environmental implications of Bitcoin mining.

As of July 2022, Tesla has liquidated approximately 75% of its Bitcoins at a price of about $936 million as it expressed concerns over liquidity amid economic uncertainty. The company, however, had to hold some parts of its Bitcoins in store without revealing the exact figures.

Read more: official elon coin!

SpaceX and Bitcoin

Reportedly, SpaceX-the private aerospace company owned by Musk-hold Bitcoin. In 2021, Musk confirmed that SpaceX had Bitcoin, but he wouldn’t elaborate further on the exact amount and the overall policy of the company related to cryptocurrencies.

2023 reports stated that SpaceX had written down the value of its Bitcoin holdings by $373 million between 2021 and 2022. This made people believe that SpaceX could have sold partial or complete amounts of its Bitcoin. Since SpaceX is a private company, it is not obliged to show a detailed financial statement; thus, it was ambiguous if it holds the cryptocurrency or not.

However, more recent information indicates that SpaceX holds about 8,285 Bitcoins, which is valued at about $851 million.

Musk’s Influence on Cryptocurrency Markets

Musk is known for trending markets with his tweets that express admiration and criticism towards cryptocurrencies. For example, when Tesla made the investment in Bitcoin, there was a strong upward price action that BTC experienced afterward; after this, Musk mentioned environmental concerns about Bitcoin mining, and subsequently, its price dropped temporarily. When he continuously tweets regarding Dogecoin, there seems to be a relationship with its popularity-and its price.

Speculations and Community Reactions

Musk’s opaque approach to disclosing his Bitcoin holdings has fuelled speculation within the cryptocurrency community. Some believe he could be one of the largest individual Bitcoin holders, while others argue his investment may be more modest. His broader advocacy for cryptocurrency, including his calls for more sustainable energy usage in Bitcoin mining, has earned him both praise and criticism.

Although Elon Musk has confirmed to own Bitcoin personally, and that both Tesla and SpaceX have invested in the cryptocurrency, the amounts involved are not disclosed. This fact has created and sustained interest in the scale of his involvement in the Bitcoin market.

As a powerful tech mogul, the relationship of Musk with Bitcoin has been one that continues to spark intrigue and interest, reflecting a broader uncertainty and dynamism that characterizes the world of cryptocurrency.

How many Bitcoins does Elon Musk have?

Though Elon Musk confirmed owning bitcoins, he declined to say how much he had acquired. The reported holding in bitcoin at his operating companies Tesla Inc and SpaceX sits around 11,500 BTC and 8,285 respectively, although no figure can stand too long if it continues facing volatile markets or some kind of institutional changes in this aspect.

TRUMP Meme Coin Dips Briefly!

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TRUMP Meme Coin Dips Briefly After Donald Trump Says “I don’t know much about it”
President Trump acknowledged limited knowledge of his meme coin, causing a brief price drop before a swift recovery.

Despite volatility, the token surged 1,100% post-launch, with an 80% stake tied to Trump Organization entities.

Interest in meme coins grows, with ETFs including TRUMP and others, while MELANIA recovers after a steep decline.

TRUMP Meme Coin Dips Briefly After Donald Trump Says “I don’t know much about it”

TRUMP Meme Coin Dips Briefly After Donald Trump Says “I don’t know much about it”
In a press conference on January 21, US President Donald Trump responded to questions about his meme coin, TRUMP, admitting that he had limited knowledge of the token despite its market success.

His comments led to a brief dip in the token’s price, which subsequently rebounded.

Speaking from the White House, Trump responded to inquiries about whether he was personally benefiting from the token, stating that he was unsure if he had profited from it.

The conference primarily focused on the announcement of a $500 billion investment in the “Stargate AI” artificial intelligence infrastructure project. President Trump was joined by OpenAI CEO Sam Altman, Oracle’s Chief Technology Officer Larry Ellison, and SoftBank CEO Masayoshi Son.

Trump Meeting Is Turbo Bullish for Bitcoin!

When asked about TRUMP, the President appeared uncertain about its details.

“I don’t know where it is. I don’t know much about it other than I launched it, other than it was very successful,” Trump said.
Following his remarks, the token’s value briefly plummeted, prompting reactions from the financial community. Alex Krüger, founder of Aike Capital, highlighted the decline on social media platform X (formerly Twitter).

Bloomberg analyst James Seyffart also weighed in. Trump just nuked his own memecoin, Seyffart noted on X.

Despite the temporary setback, TRUMP quickly rebounded. At the time of reporting, it was trading at $41.24, reflecting a 15% increase in the past 24 hours.
The meme coin’s market capitalization stood at $8.24 billion. This marked a notable increase as the token’s market cap dropped to $7.5 billion after inauguration day.
When informed that his token generated billions, Trump remarked, “Several billion … that’s peanuts for these guys,” gesturing toward the CEOs accompanying him.

The “Official Trump” token, launched last week, experienced a rapid surge of over 1,100%, rising from $6 to $75 within 36 hours. However, the ownership stake remains unclear, with two entities tied to the Trump Organization controlling 80% of the supply.

Notably, the latest Forbes analysis debunked claims of a $58 billion windfall for Trump. The analysis highlighted that these estimates were based on the token’s fully diluted valuation, which factors in non-circulating tokens. With 800 million tokens locked, an 80% stake is estimated at $6.2 billion, though this figure is subject to market fluctuations.

Despite the volatility, the broader market has shown significant interest in meme coins. As BeInCrypto reported earlier, Rex Shares recently filed for meme coin exchange-traded funds (ETFs) that include TRUMP, BONK, and DOGE.

Meanwhile, meme coins stay true to their volatile nature, with TRUMP not being the only one experiencing sharp fluctuations. First Lady Melania Trump’s meme coin, MELANIA, hit an all-time high of $13 on January 20 but later dropped to around $4. Read more at beincrypto.com.

Whether Trumps memecoin pushes crypto in the ‘right direction’ remains unclear

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Trumps memecoin pushes crypto in the right direction!

Only time will tell if Donald Trump’s memecoin was a good move in his plan to push crypto during his upcoming US presidential term.

Whether Trumps memecoin pushes crypto in the right direction?

The crypto industry has high hopes that United States President-elect Donald Trump will bolster crypto adoption both in the US and globally. However, only time will tell if his newly launched Solana-based memecoin is a step in the right direction.

Trump’s memecoin, Official Trump (TRUMP), launched on Jan. 17 and has skyrocketed by 10,643%, reaching $27.50 at the time of publication, according to data from the memecoin trading platform Moonshot.

TRUMP Meme Coin Dips Briefly!

Trump’s memecoin onboarded new users to crypto
It comes just days before Trump is set to be inaugurated as the US president on Jan. 20, with speculation he may even designate crypto as a national priority on his first day in office.

Crypto exchange Swyftx lead analyst Pav Hundal told Cointelegraph that the strong reception of the TRUMP memecoin so far is a good sign, giving the industry a glimpse of what might come during the next four years of the presidential term.
“No-one wants to hear from the bears right now. Trump 2.0 is already a sugar rush and he hasn’t even started his Presidency yet,” Hundal said. He added:

“Solana has just obliterated its previous 24hr decentralised exchange volumes off the back of a Trump meme coin. It’s astonishing.”
The memecoin launch triggered a rally in Solana’s.
SOL price arrived to $271.67! One native token, pushing it to an all-time high of $270.

Although TRUMP has shown how high and quickly demand for crypto can surge, Hundal said that the “true value” of Trump’s presidency will depend on the “long-term environment it creates.”

“Here we are on the verge of sensible regulation,” he said.

Meanwhile, others say while the TRUMP token has attracted many new users to crypto, it could harm the industry in the long run.

It comes after initial doubts surfaced when the token was first announced on Trump’s social media, with some wondering if his account had been hacked.

Scott Melker, aka “The Wolf of All Streets,” said in a Jan. 18 X post that Trump’s memecoin is a significant benefit for crypto but “bad for humanity.” Melker added:

“Donald Trump is likely onboarding millions of new people to the space.”
Moonshot, the platform Trump pointed his followers to for purchasing the memecoin, reported more than 200,000 new onchain users since the token launched.

“It’s a gratuitous cash grab, not sure how anyone can argue against that,” Melker said while pointing out that insiders sniping the supply at launch means they hold 80% of the supply.

“Making billions on vapor,” Melker said.

There have been concerns over the concentration of 80% of the tokens in a single wallet.

Arkham Intelligence said, assuming the wallet belongs to Trump, the memecoin pushed up Trump’s net worth to $22 billion overnight.

On the flip side, others say this is a major positive for token holders.

Crypto advocate Erik Thoughts said in a Jan. 18 X post that if Trump really owns 80% of the supply, it could make the TRUMP token one of the top three “safest coins” to hold.

“The majority of the supply is protected from a rug pull by someone who has a vested interest in the coin doing well,” he said.

It may not be the ‘right direction for crypto’
TradeZella founder Umar Ashraf said he doesn’t believe that Trump, given his position, should have his own memecoin or even be promoting his own memecoin.

“Not the right direction for crypto,” Ashraf said.

How did Donald Trump deal with crypto during his first term?

Moonwell Finance founder Luke Youngblood said it is “bad long term” for the crypto industry.

However, in an open letter to Coinbase CEO Brian Armstrong, Youngblood still said the crypto exchange should list the token.

He argued that Trump supporters will want to buy the token regardless and Coinbase is a more accessible place to trade “where they won’t get scammed.”

The launch of the meme coin coincided with the Trump-honoring “Crypto Ball,” a high-profile event that brought together industry leaders such as Michael Saylor of MicroStrategy, Coinbase CEO Brian Armstrong, the Winklevoss twins of Gemini, and David Sacks, Trump’s crypto and artificial intelligence adviser.

Pepe Coin | The Meme Coin with Potential

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Pepe Coin is a meme-inspired cryptocurrency that was launched to capitalize on the popularity of Pepe the Frog, a well-known internet meme. We will know everything about Pepe Coin today.

What is a Pepe Coin?

Similar to Dogecoin and Shiba Inu, Pepe Coin is a “meme coin,” which basically means that, like all others of its type, the value depends largely on internet trends, social media hype, and the strength of the community behind the given cryptocurrency.

The issue of the coin was the realization of an emerging market for meme-based cryptocurrencies, which many times experience explosive growth in valuation based on viral trends and not usually indicative of fundamental value. Pepe Coin is based on the Ethereum blockchain, a widely used platform supporting smart contracts.

Impact of the Pepe Coin Community

A great part of the appeal of Pepe Coin is the community aspect. The communities are usually very active online through Subreddits, Telegram, and Twitter, where they share memes, predictions, and discussions about the coin in question. Much as a meme goes viral on the internet and draws lots of attention, meme coins like Pepe Coin thrive when the community is highly involved in the support and promotion of the coin.

While many meme coins are considered speculative investments, they are a fun way to engage in digital assets and internet culture too. This aspect of humor and community building keeps the value of meme coins fluctuating in unpredictable ways.

Frog Pepe (The Controversial Meme of the Internet)

What is the Origin of Frog Pepe? Frog Pepe was created in 2005 for the comic series known as Boys Club by the artist Matt Furie. At the time of creation, Pepe was a character that was a laid-back frog with the famous line “feels good man.” It reached peak popularity during the early 2010s and made him one of the most recognizable memes on the internet.

But as the meme took hold, Pepe was co-opted by various online subcultures for a variety of uses, and the character became a symbol of everything from white nationalism to libertarianism and anarchism. Eventually, extremist groups began using the meme, and the character took on a controversial, even polarizing reputation.

Pepe Unleashed(Frog Pepe Meme Tries to Evolve)

Frog Pepe came into the world in 2005, an endearing doodle by artist Matt Furie within his comic book series Boys Club. The lovable frog just wanted to smoke cigarettes and enjoyed saying “feels good man.”

In the years that followed, however, Pepe was co-opted by sundry internet tribes and started showing up in disparate forms to describe a wide range of emotions and reactions.

Dark Pepe

As Frog Pepe gained more and more popularity, he was adopted by several extremist groups of people online that started using the character as one of their symbols. Thereafter, he became an element of controversy, as Pepe had relations with hate speech and other ideologies.

Matt Furie, the creator, disheartened by how his character was being used, launched the #SavePepe campaign in 2016 to reclaim the character’s original, innocent meaning. Pepe Unchained can be seen as part of this larger effort to restore the frog’s positive image and return it to its lighthearted roots.

Such huge popularity for the meme naturally presupposes its further development in a variety of forms. “Pepe Unchained” expresses both the release of the character from its infamous history and its continued usage in positive and humorous ways.

This reclaiming of Pepe is an ongoing movement; Matt Furie and other supporters are working to remind people that, no matter what happened with Pepe’s appropriation by racists, it was originally a fun, relatable internet character.

Why Pepe Became a Meme

Frog Pepe had become one of the most versatile and usable memes on the internet because of its simplicity and expressiveness.

The wide range of emotional expression the character has-from happiness to sadness to anger-made him perfect for a variety of meme formats. Be it to reply to some social situation, an internet trend, or even a form of political commentary, Pepe became an iconic image which people could modify and adapt to their own needs.

The meme quickly spread to other platforms, including Reddit, 4chan, Twitter, and Instagram, with users creating variations of the frog to suit different contexts. This adaptability gave Pepe staying power, even when newer memes emerged.

The Cultural Impact of Pepe

The “memeification” of Pepe is part of the larger phenomenon of meme culture, which has become central to online interaction and communication. Pepe’s expressive nature makes it one of the most recognizable and enduring symbols of internet culture, and its use continues to shape how people express humor, frustration, or commentary on social issues.

Age Pepe(The Longevity of Pepe)

Frog Pepe is ageless as a meme. Although his creation originally took place in 2005, his rise to meme fame began most prominently around 2008-2009 and has stretched into the 2020s. Memes are usually short-lived; they live briefly and die. Pepe, on the other hand, has stayed relevant thanks to continuous creativity from the internet that keeps reinventing and adapting it.

From the original “feels good man” image to newer forms like “sad Pepe” and “angry Pepe,” the meme has evolved but remained instantly recognizable. In meme terms, Pepe is considered “eternal,” a symbol that can transcend trends and stand the test of time. Its continued relevance in online culture is a testament to the flexibility and creativity of the internet.

Reclaiming Frog Pepe

Its creator, Matt Furie, has struggled to reclaim Pepe into his originally non-political image. In 2016, Furie launched the #SavePepe campaign, fighting back against the negative associations now surrounding the meme. Yet, he tries to bring Pepe back to his roots as a fun and harmless meme, Pepe is still one of the strong symbols of internet culture.

Pepe USD (Pepe Stablecoin)

Stablecoins are a class of cryptocurrency that is meant to hold a fixed value, generally pegged onto an asset such as the United States Dollar. Pepe USD is a possible stablecoin made using the popular meme or character known as Pepe for its branding.

What is Pepe USD?

If Pepe USD were to be a stablecoin, its core function would likely involve offering a stable cryptocurrency option to traders, investors, and crypto enthusiasts. The value of Pepe USD would stay close to one US Dollar or another fiat currency, forming a secure and predictable base for wider crypto-ecosystem transactions.

How Stablecoins Work

In general, the backing for a stablecoin is done by means of reserves in other assets, such as fiat currencies or commodities. Two of the most famous examples of stablecoins are Tether and USD Coin; both of these are pegged to the US Dollar.

This would place Pepe USD in the mold of wanting to be one of the most liquid, highly stable cryptocurrencies to make everyday transactions and even trading on exchanges smoother without exposure to the heavy price swings that classic cryptocurrencies like Bitcoin or Ethereum can exhibit.

Pepe USD Use Cases

• Hedging Against Volatility: Pepe USD would be used by investors in cryptocurrencies to defend their portfolios against market up-and-down eventualities.

• Remittances and transactions: Low-fee and fast transaction speeds, compared to traditional banking methods, make Pepe USD and other stablecoins very popular for cross-border payments.

• DeFi integration: Stablecoins also form a significant part of DeFi applications where lending, borrowing, and staking are performed in a decentralized manner.

Stablecoin Risks

Where stablecoins, to a large extent, such as Pepe USD, may be stable, there is still a sort of risk associated with their use. Probably one of the biggest challenges pertains to regulatory concerns since authorities worldwide are beginning to look more closely at how stablecoins are issued and maintained.

Furthermore, the stability of Pepe USD will depend on the trust and backing that it gets. If the reserves used to back Pepe USD are not fully transparent or secure, that could be an avenue through which volatility enters.

Pepe Coin Price and Market Trends

Like most meme-based cryptocurrencies, Pepe Coin is highly volatile in price. Meme coins are known to fluctuate in price based on internet cultural trends, celebrity endorsements, or just a viral moment. As of January 2025, Pepe Coin has already seen periods of rapid appreciation and significant corrections. This often happens with meme coins, which frequently rise or fall as part of social media rather than traditional financial metrics.

 Pepe Coin Price Predictions

Pepe Coin Price Predictions

With a high level of difficulty in making any reasonably accurate predictions, the future price of Pepe Coin may further appreciated as long as the meme culture around it remains strong, according to some analysts and enthusiasts. Others are more cautious, indicating that meme coins are speculative investments that can crash just as easily when people lose interest.

It is, therefore, very important for investors who are exposed to meme coins, like the Pepe Coin, to understand the risks involved. Given that meme coins are not ultimately backed by hard assets or strong fundamentals, their value usually rests on community enthusiasm and viral momentum.

Pepe coin Market Cap

Pepe coin Market Cap is the market capitalization of the Pepe cryptocurrency. In the fast-growing world of cryptocurrency, the term Pepe Coin has become a big hit in the meme coin category.

A viral internet meme character, Frog Pepe, is the namesake of this coin and has captured digital finance attention, riding the coattails of the popularity of meme coins such as Dogecoin and Shiba Inu.

Market Capitalization of Pepe Coin

Market capitalization is the value of this cryptocurrency in the market. The market capitalization is arrived at by multiplying the total circulating supply of the coins by the current price per coin. Due to its meme origins, PepeCoin has widely fluctuated in value.

At its height, Pepe Coin reached market capitalization of billions of dollars, although valuations could always change highly. Meme coins usually see their prices surge very fast and then quickly drop, based on trends on social media, celebrity endorsements, or viral moments.
One of the more defining features of Pepe Coin is that most of its value resides in the internet culture and community that rallies around it. Crypto investors may purchase the Pepe Coin in hopes that it will rise in value with more buy-ins into the meme. But it comes with considerable risk. It will fall just as quickly as it went up, especially if community interest fizzles or if overall market conditions hurt the wider landscape of cryptocurrencies.

Pepe Coin Investor Warning

While the Pepe Coin might now look very attractive in the market hype, potential investors should always remember that investment in meme coins is highly risky. It is important to research the token and understand its volatility to assess if it fits within a diversified investment strategy. Meme coins like Pepe Coin can be highly speculative without fundamental value to back them up.

Tether files lawsuit against Swan Bitcoin over joint venture dispute

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Tether files lawsuit against Swan Bitcoin over joint venture dispute!

Stablecoin issuer Tether has filed a lawsuit against Bitcoin financial services company Swan Bitcoin, accusing the firm of “significant breaches” in their agreements.

In a statement to Cointelegraph on Jan. 15, Tether, along with co-claimant 2040 Energy, confirmed the legal action against Swan Bitcoin.

The firm stated:

“Throughout our relationship with Swan, Tether has consistently acted in good faith, supported mutual business objectives, and adhered to all relevant agreements,” Tether said. “Conversely, Swan has acted recklessly, and their actions have resulted in significant breaches by them of the agreements between us. Consequently, we have been compelled to take necessary measures to protect our investment.”

The case filed in the High Court of England and Wales escalates an ongoing legal battle between the two companies.

Related: code source bitcoin

What sparked the dispute?

Swan and Tether established 2040 Energy in 2022 as a joint Bitcoin mining venture. Under the partnership, Tether provided funding while Swan handled operations, according to Swan Bitcoin filings.

Swan Bitcoin alleged that former employees from its mining arm stole proprietary information, including software code and business strategies, to form a rival company called Proton Management.

Swan described the employees’ actions as part of a scheme labeled “rain and hellfire,” designed to sabotage Swan’s role in the joint venture.

The company claimed that key personnel carried out this plan, including Michael Holmes, its former head of business development, and Raphael Zagury, its ex-chief investment officer and mining head, who now serves as Proton’s CEO.

Swan accused Proton of misusing its confidential trade secrets to establish itself as a direct competitor, which it argued had “irreparably harmed Swan’s ability to compete in the market.”

According to court filings, Proton Management allegedly convinced Tether to cut ties with Swan and back Proton in the mining venture instead.

On Aug. 12, 2024, Swan CEO Cory Klippsten was removed as the CEO of 2040 Energy, and Proton officially took over the operational and administrative functions of the mining operations, per the complaint.

Swan Bitcoin also accused Tether of facilitating what it described as a “hostile takeover” of its mining operations.

Tether has denied any wrongdoing, asserting that it acted by its contractual rights under the joint venture agreement. In a statement to Cointelegraph on Sept. 27, 2024, Tether 2024, said:

“Tether is aware of recent allegations made in a lawsuit that mentions a subsidiary of Tether dedicated to proprietary mining and other investments. While Tether is not a named defendant in the case, we have taken note of the claims and deny any implications of wrongdoing”

Related: tradingview alternative

Swan Bitcoin’s legal troubles

Swan Bitcoin also launched legal action against its law firm, Gibson, Dunn & Crutcher, in November 2024, accusing it of malpractice.

The company claimed the firm abandoned its case against Proton after taking on Tether as a client, violating attorney ethics rules prohibiting dropping a client to avoid conflicts of interest.

Klippsten described Gibson’s move as a betrayal. “Swan was blindsided,” Klippsten said, arguing that the firm’s decision caused significant damage to Swan’s mining business.

Swan Bitcoin did not respond to Cointelegraph’s request to comment by the time of publication. Read more at cointelegraph.com.

U.S. Judges Demand SEC ‘Explain Itself’ for Rebuffing Requests for Crypto Rules

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U.S. Judges Demand SEC ‘Explain Itself’ for Rebuffing Requests for Crypto Rules!

In another 11th-hour court loss for Chair Gary Gensler’s tenure, judges in a Coinbase case again call the SEC’s crypto position “arbitrary and capricious.”

The U.S. Securities and Exchange Commission is now under a federal court order to offer a full explanation for why the agency refused to offer clear rules for crypto securities.

The circuit court’s demand comes in the final week of Chair Gary Gensler’s tenure, likely leaving the response to his Republican successor, who is already expected to change the regulator’s stance on digital assets.

U.S. Judges Demand SEC ‘Explain Itself’ for Rebuffing Requests for Crypto Rules

A three-judge panel for the U.S. Court of Appeals for the Third Circuit, in a legal rebuke of the securities regulator, partially sided with Coinbase’s effort to get the agency to offer legal clarity by writing crypto regulations.

“Rather than force the agency to make a rule, we order it to explain its decision not to,” one of the judges wrote. “Indeed, a rule may not prove necessary to solve the notice problems here; the agency could just state its position on crypto assets unequivocally.”

Judge Stephanos Bibas added a caution to the SEC: “It should not give yet another poor explanation in an already-long line of them.”

The legal blow for the agency — the second setback in a Coinbase-related case in less than a week — could leave an opening for its new leadership. Chair Gary Gensler, the architect of the SEC’s crypto enforcement-heavy approach in recent years, is stepping down as President-elect Donald Trump is sworn in on January 20. Trump’s chosen replacement, former Commissioner Paul Atkins, could have a chance to use this court demand to answer that, yes, his agency will change its course on crypto oversight.

Or, even sooner, an acting chairman such as sitting Commissioner Mark Uyeda, one of the agency’s two current Republican members, could be in a position to get that ball rolling while Atkins awaits a Senate confirmation process.

The Monday ruling called the SEC’s crypto actions “arbitrary and capricious,” echoing language from the D.C. Circuit Court of Appeals when it rejected the agency’s opposition to Grayscale’s application for a spot bitcoin (BTC) exchange-traded fund (ETF).

“Because we believe the SEC’s order was conclusory and insufficiently reasoned, and thus arbitrary and capricious, we grant Coinbase’s petition in part and remand to the SEC for a more complete explanation,” the judges ruled in this case. However, the circuit court didn’t believe Coinbase’s arguments justified a clear need to demand new rules from the regulator.

“We’re reviewing the decision and will determine next steps as appropriate,” a spokesperson for the SEC said in response to a request for comment.

“We appreciate the court’s careful consideration,” said Coinbase Chief Legal Officer Paul Grewal, posting on social media site X. His company’s pursuit of this petition with the SEC is one of several court battles Coinbase has been waging with the agency, including its defense against an SEC enforcement action.

Last week, a federal court granted the exchange’s effort to accelerate a key legal question in that case to an appeals court. Read more at coindesk.com.

NY Attorney General files lawsuit to recoup $2.2M in crypto lost to job scam

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NY Attorney General files lawsuit to recoup $2.2M in crypto lost to job scam!

New York Attorney General Letitia James has initiated legal action to recover more than $2 million in cryptocurrency swindled from victims who were duped into buying crypto under the false promise of securing remote work opportunities.

“Scammers sent text messages to New Yorkers promising them good-paying, flexible jobs only to trick them into purchasing cryptocurrency and then stealing it from them,” James said in a Jan. 9 statement.

Victims deceived into fake remote jobs as product reviewers

The scammers tricked victims with payment promises, telling them to create crypto accounts, deposit funds, and review products on fake websites that looked like legitimate brands.

Victims were told to keep a crypto balance that matches or exceeds the cost of the products they reviewed. They were promised “they were not purchasing the products” and that their money was only needed to help “legitimize” the data.

In return, they were assured they’d get their money back plus a commission, but they never received a cent.

With assistance from the US Secret Service, James said that the stolen crypto has been frozen and urges people to be cautious of text messages from unknown senders claiming to offer jobs or other opportunities.

“Deceiving New Yorkers looking to take on remote work and earn money to support their families is cruel and unacceptable,” James said.

FBI’s warning last year about work-from-home job scams
It comes only months after the US Federal Bureau of Investigation (FBI) warned of a rise in work-from-home job advertisement scams in June 2024.

The FBI said that scammers were contacting potential victims with unsolicited calls or messages, offering a relatively simple job such as rating restaurants or “optimizing” a service by repeatedly clicking a button.

Similarly, the FBI said that victims were instructed to make crypto payments to the fake employer to “unlock” more work, but the payments went directly to the scammer.

“You are directed to make cryptocurrency payments to your employer as part of a job,” the FBI said. Read more cointelegraph.com.