Fake Elon Musk crypto giveaway scams flood TikTok

Bad actors are now turning to the video-sharing platform to scam people by pretending to be crypto giveaways from celebrities. TikTok is being flooded with fake posts pretending to be crypto giveaways from Elon Musk hourly, BleepingComputer first revealed. According…

Stablecoin supply down below $125 billion as capital continues to leak from crypto

Key Takeaways The total supply of stablecoins has fallen every month since UST collapsed in May 2023 Last month saw another $1.7 billion of outflows, the total supply now 33% off its peak Tether’s market share has increased amid stuttering rivals, but all other coins have seen large drawdowns Liquidity and volume in the space […]

The post Stablecoin supply down below $125 billion as capital continues to leak from crypto appeared first on CoinJournal.

Hong Kong crypto exchange JPEX suspends trading amid SFC probe

The probe into JPEX has resulted in the arrest of one person. The JPEX exchange has allegedly been operating in the country without a license. JPEX’s native token, JPC, has experienced a 21.98% decline in value over the past 24 hours following as the events unfold. Hong Kong’s cryptocurrency exchange, JPEX, has halted its trading […]

The post Hong Kong crypto exchange JPEX suspends trading amid SFC probe appeared first on CoinJournal.