Crypto News

Pig butchering scams exploded in 2024, with fraudsters stealing billions through AI-driven deepfakes and rapid-fire scams, overwhelming victims and outpacing law enforcement crackdowns worldwide. Pig Butchering Scams Surge as AI Fuels New Fraud Tactics Blockchain intelligence firm Chainalysis released a report on Feb. 13 detailing the rapid growth of pig butchering scams in 2024. TheseSource link

El Salvador’s Bitcoin Law changes create a complex situation where bitcoin is both legal tender and not, as Samson Mow’s analysis highlights the deeper implications. Bitcoin No Longer ‘Currency’ in El Salvador—Here’s What That Actually Means Changes to El Salvador’s Bitcoin Law have ignited discussions about whether bitcoin retains its status as legal tender. SamsonSource link

Donald Trump actually launched a Solana token, but did Javier Milei? The answer remains unclear—and LIBRA is crashing amid the confusion.Source link

Bitget has acquired a Virtual Asset Service Provider (VASP) license from Bulgaria’s National Revenue Agency, advancing its European Union expansion strategy. Cryptocurrency Exchange Bitget Secures Regulatory Approval in Bulgaria According to the team’s statements shared with Bitcoin.com News, the license permits Bitget to operate a crypto exchange, trading, transfer, custody, and wallet services in Bulgaria,Source link

The exchange more than doubled its year-on-year revenue and posted Q4 earnings per share 109% higher than analyst estimates. Strong Q4 Showcase: Coinbase Beats Estimates, Defying Market Predictions Cryptocurrency exchange Coinbase (Nasdaq: COIN) beat analyst estimates by an eyepopping 109% when it revealed its Q4 earnings report on Thursday. The firm raked in $6.6 billionSource link