Author: CryptooTimes

Maybe my most successful tweet ever was this one, four images from episode five of Andor accompanied by my reaction: “Whoa.” In those images, young Karis Nemik, the most intellectually engaged member of the small band on Aldhani planning a massive heist of Imperial wealth, passionately imparts some of his ideas to Cassian Andor, who is undergoing his own reluctant political awakening. “So much going wrong,” Karis says, “so much to say, and all of it happening so quickly. The pace of repression outstrips our ability to understand it. And that is the real trick of the Imperial thought machine.…

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CATS, a meme coin based on the TON blockchain, has witnessed a remarkable surge in its price over the past 24 hours, ahead of its listing on multiple major cryptocurrency exchanges. Cats (CATS) has skyrocketed by 691%, climbing from $0.000067 to an intraday high of $0.00053, according to CoinMarketCap data. At press time, CATS was trading at $0.000223, still maintaining a 259% gain within a single day. The surge in CATS’ value coincides with a massive uptick in its trading activity. Daily trading volume increased by 13-fold, reaching approximately $267,000, while the token’s market capitalization hovered around $294.4 million. The…

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Victims of the KOK crypto scam have called out South Korea’s largest daily newspaper for promoting the fraudulent scheme, which led to at least $2.97 billion in losses. According to an Ajlu press report, a coalition of victims has accused Chosun IIbo subsidiaries IT Chosun and Digital Chosun Ilbo of deliberately promoting the fraudulent KOK token scheme to the public. The coalition alleges that these media outlets provided extensive coverage that lent legitimacy to the token, including reporting on the launch of KOK’s main transaction server and awarding the company a grand prize for consumer satisfaction. Jin Eun-ja, the coalition…

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Revolut says it blocked nearly $13.5 million in potential crypto fraud in the last three months. Fintech giant Revolut has prevented $13.5 million in potentially fraudulent cryptocurrency transfers between June and September 2024, the company revealed in a press release shared with crypto.news. The London-headquartered neobank, which launched its own crypto exchange dubbed “Revolut X” earlier this year, has ramped up its security efforts to detect and prevent fraudulent transfers before funds leave customers’ accounts. The company says its system relies on real-time monitoring and advanced algorithms, with nearly 92% of crypto transactions processed without user intervention so far in…

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