taylorrose0047

@taylorrose0047

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@taylorrose0047

"Interesting observation. Might be worth looking into further. Any specific aspects you think we should focus on?"

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@taylorrose0047

All victims noted that they received a second call in which a “security officer” coerced them into sharing their crypto wallet seed phrases. A seed phrase is a 12- or 24-word combination allowing crypto wallet access.

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@taylorrose0047

Scammers created fake reports and then posed as law enforcement to contact potential victims. The victims were informed that they were under investigation and would be receiving a call from the “crypto wallet host.”

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“Personal details were taken from the data leak and used to generate fake Action Fraud reports,” the police said.

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@taylorrose0047

On March 1, Kent Police urged residents to be vigilant against ongoing cryptocurrency fraud attempts. Bad actors accessed the Kent residents’ personal information and misused it to generate fake reports from the United Kingdom’s national reporting center, Action Fraud.

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@taylorrose0047

Crypto scammers stole over 1 million British pounds ($1.2 million) from nine residents in Kent, England, after gaining access to their personal information from a data leak.

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@taylorrose0047

Sun had moved to dismiss the lawsuit, arguing the SEC had no sway over the token sales as it was “predominantly foreign conduct.” The agency argued that Sun “traveled extensively” throughout the US, which gave it jurisdiction.

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The US Securities and Exchange Commission is reportedly planning to cut its regional office directors in order to toe the line with the Trump administration’s government cost-cutting measures.

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Speaking to Cointelegraph, Backpack founder Armani Ferrante took a more positive approach to the speculative asset, saying that the real utility of memecoins lies in their ability to “stress test” the future of the financial system.

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Recently, platforms have been improving at using decentralized tools that empower community members to explore other platforms and decentralized applications with their interoperable data and assets, tackling the “lonely island” problem. Blockchain operators are working toward giving users the controls to reshape and reimagine their digital experience in their vision, a refreshing take. It certainly beats corporate giants, algorithms and advertisers making crucial decisions on behalf of their users.

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Just look at X (formerly Twitter). It was acquired, changed its name to X, enforced massive algorithm changes — which pleased some and alienated others — and some people who had spent years building audiences walked away frustrated. The users never had control. They were exposed to the harsh reality that algorithms can change, accounts can be banned, and platforms can go bust or be acquired overnight. Your follower count suddenly became meaningless. These are (still) Web2’s inherent risks.

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Kuhnert is right, by the way. It is up to Web3 builders, investors, users and those curious enough to experiment with the technology to think more about what control means to them. There was ownership in Web2 but no control, so it was hollow. There were accounts, posts, followers, books and songs, and it really felt like it belonged to us, but the platforms always controlled it — we didn’t. This lack of user control was the biggest failure of Web2, and the thought of Web3 repeating it is dreadful.

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Markus Kuhnert, CEO of 1iO — which is building the foundation of decentralized collaboration — recently stressed that Web3’s primary goal should be giving users complete control over their data. “Web3 is all about cutting out the middleman economy,” he said. “It’s about ownership, owning the data, owning the infrastructure.” 1iO’s official stance is, “We eliminate intermediaries. You individually decide with whom you want to share your data and under what conditions.” That is an ideal that Web3 needs to uphold.

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ETH has traded nearly flat over the past week but is down over 21% on the monthly chart, Cointelegraph Markets Pro data shows.

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ETH has traded nearly flat over the past week but is down over 21% on the monthly chart, Cointelegraph Markets Pro data shows.

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The University of Austin will aim for a minimum five-year Bitcoin holding strategy, according to Chad Thevenot, senior vice president for advancement at the University of Austin, who said:

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Continued institutional ETF adoption may significantly bolster Bitcoin’s price since institutions hold large amounts of capital that can move crypto markets. Bitcoin needs continued institutional adoption to reach new all-time highs.

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Beyond just financial institutions, cryptocurrencies are also gaining traction among retirement funds, showcasing a shift in perception among younger generations.

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Showcasing the growing appetite for digital asset exposure, increasingly more institutional funds are targeting multi-year holding strategies.

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Up to 20% of Gen Z and Alpha are open to receiving pensions in cryptocurrency, according to a Jan. 16 Bitget Research report shared with Cointelegraph.

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