Bitcoin Price Falls After Blast US Jobs Report: Here’s Why

The U.S. economy added nearly three times as many jobs as expected in August, triggering an immediate sell-off in risky assets like bitcoin as investors reassess the chances of another Federal Reserve rate hike. The price of the cryptocurrency had soared to over $81,000 before the news broke, but immediately fell by $2,000 to $79,200. … Read more

Elliptical report shows how Bitcoin ATM scams are moving from cash to on-chain wallets

Elliptical report shows how Bitcoin ATM scams are moving from cash to on-chain wallets

Elliptic has released a new report explaining how Bitcoin ATM scams work, and the most useful part isn’t the usual warning that scammers exist. This is the path of transactions. The report describes how fraudsters manipulate victims, often elderly people, into depositing money into physical crypto kiosks. Once the money is converted into crypto, the … Read more