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The cryptocurrency market is usually seen as a honey pot for scammer s by uniting experimental technologies with greed. In yet another evidence of this, a scammer used Charles Hoskinson, founder and creator of Cardano (ADA), image to trick enthusiasts. Particularly, they used artificial intelligence (AI) voice- over on Hoskinson’s video to announce a fake airdrop leading to a phishing website. Notably, the fake Cardano airdrop video was then featured as an advertisement in related content on YouTube . It is important to understand that YouTube content creators are not the ones to blame in this case. This scam highlights the increasing sophistication of fraudulent schemes in the crypto world, underscoring the need for heightened vigilance among users. Cryptocurrency The next big crypto to buy in 2024 Cryptocurrency Price prediction for ADA with a 143% surge for Cardano staking trends Cryptocurrency 3 cryptocurrencies to buy...

A legal expert who brought a liquidation application against a multilevel marketing firm responsible for soliciting ​​29,421 bitcoin ($1.7 billion) from US customers has been identified in a video where he’s seen physically and verbally abusing a domestic worker from South Africa .  Vaughn Victor can be seen abusing the now 63-year-old Antjie Bochedi on a farm in Hennenman. The video was filmed while Victor was questioning her about the murder of 56-year-old Pieter Hills and his 26-year-old son Eddie on November 2020. According to The Citizen, Victor was acting as a family spokesperson following the murders on the farm. The incident was filmed by behavioral specialist Wendy Nickland who joined Victor in the interview to help determine if any of the farm staff were lying. Despite the apparent incident, Bochedi has refused to press any charges against Victor . According to reporters who reached out to Victor, he said the re-circulating video “is part of a campaign by Mr. Loui...

The 2018 MIT professor Gary Gensler didn’t think most ICOs triggered U.S. securities laws. The crypto community is calling out the hypocrisy of Gary Gensler, the head of the United States securities regulator, after a 2018 video emerged of him stating that cryptocurrencies are on par with commodities or cash and are not securities. The video came from a “Blockchain and Money” class in the Fall Semester of 2018 taught by Gensler, a former professor at the Massachusetts Institute of Technology (MIT) before he became chair of the Securities and Exchange Commission (SEC). On the topic of initial coin offerings (ICOs), Gensler said that "three-quarters of the market are not ICOs or not what would be called securities" and named the U.S., Canadian and Taiwanese markets as the "three jurisdictions that follow something similar to the Howey Test." "Three-quarters of the market is non-securities, it's just a commodity, cash,crypto,” Gensler then said. The below cli...