Tag Archives: ‘Crypto
Crypto Market Faces Correction: Expert Predicts 15-20% Drop for XRP, SOL, DOGE
Crypto market liquidations hit $240M as Fed rate cut approaches, with $176M from long positions.Bitcoin dominance could rise back to 60% as altcoins face 15-20% correction.XRP, SOL, DOGE lead the correction as Fed rate cut sparks “sell-the-news” event.Analysts predict Bitcoin to fall 5-8%, while altcoins face sharper declines in coming days.As the crypto market gears up for the Federal Reserve’s rate cut this week, experts are predicting a potential 15-20% correction for popular altcoins like XRP, SOL, and DOGE. The anticipated rate cut has sparked a “sell-the-news” event, contributing to increased market volatility. Analysts are warning of a significant drop, especially for altcoins, as the overall market liquidations have surged to $240 million.Crypto Market Faces Pressure Ahead of Fed Rate CutThe crypto market is currently experiencing a wave of selling pressure. This follows last week’s...
Crypto Regulations in Vietnam 2025
The crypto landscape in Vietnam has experienced a significant transition from an unregulated to a regulated one. Since 2017, Vietnam has been working on regulating cryptocurrency within a modern framework, and this effort is still ongoing as of 2025. Therefore, cryptocurrency is not banned in Vietnam; however, it is neither legally considered nor protected as an asset.Table of contentsTimeline of Major Crypto Regulations in Vietnam 2025What is the Vietnamese Government’s Stance on Cryptocurrency?Crypto Tax in Vietnam 2025Crypto License in VietnamCrypto Adoption Rate in VietnamConclusionFAQsTimeline of Major Crypto Regulations in Vietnam 2025June 14, 2025 – Law on Digital Technology IndustryThe law aims to create a regulatory framework classifying digital assets as virtual or crypto assets, and it does not include securities or digital fiat currencies.It will enforce cybersecurity and anti-money laundering standards to meet international guidelines,...
$127 Million Lost to Crypto Phishing Scams: Are Your Assets Safe?
Top Stories Tamfitronics In September 2024, nearly 10,000 victims of crypto phishing scams lost an alarming $46 million, according to ScamSniffer’s monthly phishing report. This rising trend highlights how cybercriminals are increasingly targeting cryptocurrency users.Among the reported losses, one victim lost a staggering $32 million due to a forged permit signature, while another lost $1 million by simply copying a contaminated transfer address. These cases contribute to a larger problem, with total losses from phishing attacks in Q3 2024 reaching $127 million.On average, around 11,000 victims fall prey to these scams each month, with two major incidents alone accounting for $87 million in losses.Shocking, right? Heres how it all unfolded.How Victims Are TargettedMost phishing scams come from fake accounts on X (formerly Twitter) and malicious ads on Google. Cybercriminals trick victims into clicking on phishing...
Crypto Hacks Report : BingX, DeltaPrime, and Banana Gun Hit in $50M Loss
Top Stories Tamfitronics This week has seen especially tumultuous events in the crypto space as various high-profile hacks have brought to the core grave flaws in both decentralized finance (DeFi) platforms and centralized exchanges. Below is an elaborative breakdown of notable incidents which resulted in the loss of over $50 million in just a week.ShezmuTech – $4.9 Million Lost (September 21, 2024) In what could be termed a remarkable breach for a budding DeFi project, ShezmuTech was sent reeling after it lost $4.9 million worth of ShezUSD tokens this week because of a contract vulnerability.This particular exploit revolved around a vault that accepted collateral that could be minted by just anybody thereby giving malicious individuals like the attacker scope to borrow as many Shez tokens were needed without question.Investigations into the attack revealed that liquidity...
