The crypto market has just entered into another tough period when a lot of coins started losing its value. In the midst of all the chaos, one cryptocurrency exchange announced a new pump scheme on several random coins, while hoping to get a boost itself. YoBit Plans a Pump-And-Dump Scheme YoBit, a Russia-based cryptocurrency exchange…
The crypto sphere was awash with gags on April Fool’s day, mostly from rival clans having a dig at each other. What would have been more serious is a manipulated pump for an altcoin and it just so happens that this appears to have occurred with crypto clown Dogecoin. A Dodgy Pump For Doge? After…
Rubmar is a writer and translator who has been a crypto enthusiast for the past four years. Her goal as a writer is to create informative, complete, and easily understandable pieces accessible to those entering the crypto space. After learning about cryptocurrencies in 2019, Rubmar became curious about the world of possibilities the industry offered,…
A study by the Massachusetts Institute of Technology has revealed that machine learning can identify crypto pump and dump schemes before they happen. It arrived at a figure generated by fraudulent trading which is a tiny fraction of the total trade volume. $7 Million Monthly Volume From Pump and Dumps The study went on to…
Dalmas, a seasoned crypto reporter, brings a unique perspective to the industry. His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, combined with a background in mechanical engineering and over a decade of experience in journalism, has allowed him to craft over 10,000 news and feature articles over the past eight years. His…
Nearly $6 billion in market value vanished from Rave DAO in less than 48 hours — but only about $52 million in liquidations could account for it. That gap is what drew the most attention from analysts trying to make sense of one of crypto’s sharpest recent collapses. Related Reading Exchange Probes Add To Investor…