Bitcoin, PayPal Scams, and Celebrity Crypto Ventures

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Today's News

Today's headlines cover a wide range of topics, from scams and digital currencies to celebrities and stock market movements. Here's a look at some of the top stories.

Outline

  • PayPal scams that people have fallen for
  • A blueprint for a central bank digital currency network
  • Kim Kardashian's crypto-related fine
  • Recent crypto ventures by high-profile celebrities
  • US stocks and the Fed
  • Android VPN apps
  • Top cryptocurrencies to watch
  • Altcoins to buy
  • The Porsche IPO
  • Online pokies in Australia
  • A sentencing for a NetWalker ransomware affiliate
  • Elon Musk's plans for Twitter
  • Bitcoin speculation
  • Web3 gaming
  • A registry of crypto firms in Italy
  • A Canadian sentenced for ransomware attacks
  • A $5 bitcoin purchase
  • South Carolina state treasurer's trip to El Salvador
  • Why stablecoins are important
  • How nation-states will use Bitcoin
  • The EU's text of a landmark Bitcoin, crypto bill
  • Ross Ulbricht's case
'I Withdrew $15,000 Three Times:' 9 PayPal Scams We Can't Believe People Actually Fell for

'I Withdrew $15,000 Three Times:' 9 PayPal Scams We Can't Believe People Actually Fell for

If you ever find yourself mailing bundles of cash across the country to a stranger, take a deep breath and ask yourself, “Is this a scam?” because we assure you it’s almost certainly a scam. And Gizmodo has the documents to prove it.Read more...

SWIFT sets out blueprint for central bank digital currency network

SWIFT sets out blueprint for central bank digital currency network

Financial messaging system SWIFT has laid out its blueprint for a global central bank digital currency (CBDC) network following an 8-month experiment on different technologies and currencies.

Kim Kardashian will pay $1.26 million in a crypto-related fine to the SEC. Here are other high-profile celebrities who have backed recent crypto ventures.

Kim Kardashian will pay $1.26 million in a crypto-related fine to the SEC. Here are other high-profile celebrities who have backed recent crypto ventures.

Kardashian settled charges for promoting a crypto asset on Instagram. See other celebs who have publicly touted crypto like Tom Brady and Larry David.

US stocks fall after biggest 2-day rally since 2020 as investors assess Fed path and new payroll data

US stocks fall after biggest 2-day rally since 2020 as investors assess Fed path and new payroll data

The S&P 500 was pulling back from its gain of nearly 6% over the past two sessions. Treasury yields were moving higher after declines fed the rally.

Android Owners, Watch Out for These 7 Shady VPN Apps

Android Owners, Watch Out for These 7 Shady VPN Apps

Virtual private network apps are supposed to protect your privacy, not put it at risk by requesting dangerous permissions.

3 Top Cryptocurrencies to Watch in October

3 Top Cryptocurrencies to Watch in October

Investors should be watching the performance of Bitcoin, Solana, and XRP over the next 30 days.

3 Altcoins to Buy Right Now

3 Altcoins to Buy Right Now

Forget about the crypto winter. These three cryptos are thawing out and posting double-digit positive returns.

Digging Into the Porsche IPO

Digging Into the Porsche IPO

Plus a look at where the market is and might be going, and why the fine against Kim Kardashian is good news.

Best online pokies in Australia (2022): Top pokies to play in Australia with high RTPs and amazing gameplay

Best online pokies in Australia (2022): Top pokies to play in Australia with high RTPs and amazing gameplay

Some of the best online pokies in Australia offer gamblers exciting bonus rounds and high payouts. We know this because we tested them for days! After extensive research and detailed analysis, our team of expert gamblers found the most exciting online poki…

NetWalker ransomware affiliate sentenced to 20 years by Florida court

NetWalker ransomware affiliate sentenced to 20 years by Florida court

Judge tells the accused that if he hadn't pleaded guilty, "I would have given you life."

Investors, Be Wary Of All The Crypto PR Stunts

Investors, Be Wary Of All The Crypto PR Stunts

Some might be for ‘good’ and others for ‘bad,’ but you don’t want to be anyone’s patsy.

Elon Musk promises to turn Twitter into ‘everything app’ X

Elon Musk promises to turn Twitter into ‘everything app’ X

Billionaire agrees to complete takeover just days before court battle over deal begins

Bitcoin Shows Bottoming Signals, ARK Investment Report Says

Bitcoin Shows Bottoming Signals, ARK Investment Report Says

Bitcoin Shows Bottoming Signals, ARK Investment Report Says  Investor's Business Daily

NetWalker ransomware scumbag jailed for 20 years

NetWalker ransomware scumbag jailed for 20 years

And note to his crime pals – he said he would sing like a canary An ex-Canadian government worker who extorted tens of millions of dollars from organizations worldwide using the NetWalker ransomware has been sent down for 20 years.…

Interest Surges in Bitcoin Speculation, But It Might be Bearish

Interest Surges in Bitcoin Speculation, But It Might be Bearish

Open interest in bitcoin perpetual swaps – a type of leveraged trading contract in cryptocurrency markets – has spiked to an all-time high.

Price Point: Bitcoin Stays Above $20K as US Stock Futures Drop After 2 Days of Big Gains

Price Point: Bitcoin Stays Above $20K as US Stock Futures Drop After 2 Days of Big Gains

The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 5, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

First Mover Asia: Bitcoin Is Upbeat Above $20K as Investors Grow Optimistic That Steep Rate Hikes Will Soon End; Kim Kardashian and the SEC's Publicity Grab

First Mover Asia: Bitcoin Is Upbeat Above $20K as Investors Grow Optimistic That Steep Rate Hikes Will Soon End; Kim Kardashian and the SEC's Publicity Grab

Crypto and other markets responded favorably to a surprisingly large decline in U.S. job openings, which offer the latest evidence of economic slowing.

Web3 Gaming Has a Long Way to Go Before It Becomes Mainstream, Survey Says

Web3 Gaming Has a Long Way to Go Before It Becomes Mainstream, Survey Says

A study from Coda Labs shows that only 3% of gamers own an NFT, and generally don’t have positive feelings about crypto.

Italy Has a Registry of 73 Unvetted Crypto Firms

Italy Has a Registry of 73 Unvetted Crypto Firms

Companies entered into a new registry for crypto firms have said they’ve secured regulatory approval in Italy, but the country's supervisory body – the Organismo Agenti e Mediatori – hasn't actually checked their operations.

Canadian Sentenced 20 Years in US Prison For Ransomware Attacks

Canadian Sentenced 20 Years in US Prison For Ransomware Attacks

Sebastien Vachon-Desjardins, 35, was also ordered to forfeit $21.5m

How A $5 Bitcoin Purchase Cascaded Into A $1.5 Million Viral Movement

How A $5 Bitcoin Purchase Cascaded Into A $1.5 Million Viral Movement

A brief description of the founding and subsequent purchases within Stackchain, a Bitcoin-stacking subculture.

South Carolina State Treasurer Travels To El Salvador To Learn About Bitcoin Adoption

South Carolina State Treasurer Travels To El Salvador To Learn About Bitcoin Adoption

Curtis Loftis and other SC officials spent five days in El Salvador experiencing first-hand the country’s Bitcoin adoption.

Why It’s Important To Build Stablecoins On Bitcoin

Why It’s Important To Build Stablecoins On Bitcoin

Lightning Labs is building the ability to use stablecoins on the Lightning Network using the new Taro protocol due to demand in emerging markets.

How Nation-States Will Use Bitcoin In The Power Projection Game

How Nation-States Will Use Bitcoin In The Power Projection Game

Bitcoin miners are the next level of power projection as they reinforce an incorruptible network that cannot be usurped by a single entity.

How The State Of Global Markets Could Be Pushing The Federal Reserve To Adopt Bitcoin

How The State Of Global Markets Could Be Pushing The Federal Reserve To Adopt Bitcoin

Analyzing the precarious positions of the world’s fiat economies can drive a conclusion that the Federal Reserve will have to adopt bitcoin.

EU Agrees On Text Of Landmark Bitcoin, Crypto Bill MiCA: Report

EU Agrees On Text Of Landmark Bitcoin, Crypto Bill MiCA: Report

The EU also plans to discuss crypto regulation with the U.S. in a IMF-World Bank meeting, following diplomats’ agreement on the bill’s text.

While Others Go Free, Ross Ulbricht Faces Excessive Prison Time

While Others Go Free, Ross Ulbricht Faces Excessive Prison Time

It is reasonable to demand that justice be applied equally throughout society. Ross Ulbricht should not die in prison when many powerful criminals live free.

Here's How Bitcoin Has Behaved Like a US Tech Stock; Is It Still a Hedge?

Here's How Bitcoin Has Behaved Like a US Tech Stock; Is It Still a Hedge?

Bitcoin, and crypto assets in general, have become more correlated with tech stocks in recent months, according to research.

A guide to working in the Buenos Aires tech scene

A guide to working in the Buenos Aires tech scene

Continuing with our series exploring tech hubs worldwide, we take a look into what is making the tech scene in Buenos Aires, Argentina tick

Mohamed El-Erian on the Looming Recession — and What He’s Doing With His Money

Mohamed El-Erian on the Looming Recession — and What He’s Doing With His Money

“I don’t know how to convey it, but we came very close to a financial accident in the U.K,” says the markets guru.