risks

Crypto VC Loses Savings: Zoom Scam Exposes Security Risks

Crypto VC Loses Savings: Zoom Scam Exposes Security Risks

The world of crypto—as promising and lucrative as it may be—is a wild west riddled with cybercriminals. Mehdi Farooq, a New York-based venture capitalist, was recently the target of a particularly advanced phishing attack. This case is a timely reminder of the dangers that continue to evolve in the crypto...

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Crypto's Hidden Risks: A Centrist's Guide to Safe 2024 Buys

Crypto's Hidden Risks: A Centrist's Guide to Safe 2024 Buys

Well, are you looking to learn more about crypto in 2024? Good for you. It’s a bit less intimidating, like finally figuring out those IKEA instructions on your tenth attempt. But before you start planning an expat adventure, let’s discuss what they’re leaving out of the shiny promotional materials.Regulatory QuicksandThink...

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Ethereum's Staking Surge: Hidden Risks Amid the Hype

Ethereum's Staking Surge: Hidden Risks Amid the Hype

Okay, let's talk Ethereum. Don’t look now, but the staking revolution is here! A near-record 35.35 million ETH, or 29% of the circulating supply, is now locked up. That’s almost $90 billion worth of ETH just sitting there, earning rewards. The positive headlines yell “investor confidence!” and “bullish pressure!” Are...

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Altcoin ETF Hype? 3 Sobering Risks SEC's Shift Could Unleash

Altcoin ETF Hype? 3 Sobering Risks SEC's Shift Could Unleash

The Bitcoin ETF approval was huge. Ethereum followed, and now? Now everyone is yelling “Altcoin Season! A tidal wave of other ETF applications — nearly 40 — are currently flooding the SEC’s inbox, all hoping for a regulatory green light. VanEck, WisdomTree and Franklin Templeton have all thrown their hats...

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Solana Wallet Risks: 3 Hard Truths No One Wants to Tell You

Solana Wallet Risks: 3 Hard Truths No One Wants to Tell You

Let's be real. The crypto world, particularly Solana, is awash in techno-optimist promises of financial freedom and the rocket fuel of innovation. But behind that eye-popping figure are some brutally tough realities about Solana wallets that people aren’t talking about. I’m not trying to spread fear or doubt. That’s my...

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Bitcoin Mining's Patent Problem A Sobering Look at Risks Ahead

Bitcoin Mining's Patent Problem A Sobering Look at Risks Ahead

Two recent class action lawsuits against Core Scientific and Marathon Digital herald bad news for the Bitcoin mining industry. This action should stand as a warning to the entire crypto ecosystem. Malikie Innovations, one of the most well-known patent trolls, has set its sights on the heart of Bitcoin itself...

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Bitcoin Mining's Patent Minefield 3 Risks & Smart Defenses

Bitcoin Mining's Patent Minefield 3 Risks & Smart Defenses

The Bitcoin mining landscape is already rife with volatility, regulatory uncertainty, and the conversation around energy use. Now, a new threat looms: patent trolls. Our Tower of Nerds Malikie Innovations’ lawsuits against Core Scientific and Marathon Digital are a wake-up call. This problem isn’t just limited to these two companies....

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Nigerian Crypto Wallet Risks They're Not Telling You About

Nigerian Crypto Wallet Risks They're Not Telling You About

Nigeria's crypto scene is booming, no doubt. It’s all about the promise, the opportunity, the disruption of legacy financial intermediaries. Before you dive headfirst into this digital gold rush, let's talk about what isn't being shouted from the rooftops: the very real, and often overlooked, risks lurking within those shiny...

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Ethereum Staking's SEC Delay: 5 Practical Risks You Need to Know

Ethereum Staking's SEC Delay: 5 Practical Risks You Need to Know

Alright, now on to Ethereum staking and the SEC. Franklin Templeton’s ETF delay a harbinger of things to come. Even as whales are accumulating ETH and institutional investors are entering the market with billions of dollars, don’t get caught up in the excitement. There are very real, practical risks you...

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Staking in 2025 The Risks & Rewards After SEC's Move

Staking in 2025 The Risks & Rewards After SEC's Move

The SEC's recent guidance on crypto staking – finally arriving in late May 2025 – feels like a cautious step forward. It's not a victory lap. It’s less a "move over for the manatee" sign and more the "proceed with extreme caution" sign you’d put on a highway that’s otherwise...

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Bit Digital Ditches Bitcoin: Is Ethereum Staking the Future?

Bit Digital Ditches Bitcoin: Is Ethereum Staking the Future?

Bit Digital, Inc. just made a surprising and positive turn from Bitcoin mining. The company has since shifted its attention to Ethereum staking, pulling the industry’s eyes along with it. This development is part of a widening strategy of moves by the company to pivot its focus. It deepens and...

Bit Digital's Staking Gamble Smart Pivot or Risky Bet?

Bit Digital's Staking Gamble Smart Pivot or Risky Bet?

Bit Digital is betting the farm. They’re promoting the sale of these shovels in order to purchase the lottery tickets. They're ditching Bitcoin mining, the digital equivalent of the California gold rush, for Ethereum staking, which, let's be honest, sounds a lot less rugged and a lot more…regulated. Whether this...

Bit Digital's Ethereum Bet: 3 Reasons It's a Genius Move

Bit Digital's Ethereum Bet: 3 Reasons It's a Genius Move

Alright, let’s be real. When I first learned that Bit Digital was abandoning Bitcoin mining in favor of Ethereum staking, I have to admit my first response was dubious. A company that’s been foundational to the build out… suddenly bailing? It sounded crazy. The further I dug, the more apparent...

Bitcoin Mining 101: Demystifying Crypto's Core Process

Bitcoin Mining 101: Demystifying Crypto's Core Process

Bitcoin mining is the integral process that serves as the backbone of the Bitcoin network. It’s how new bitcoins are generated, and it’s how transactions are confirmed and added to the public blockchain. To those unfamiliar with the crypto space, the word “mining” may seem a bit scary. Learning the...

Altcoin ETF Approval A Double Edged Sword 3 Risks to Watch Out For

Altcoin ETF Approval A Double Edged Sword 3 Risks to Watch Out For

The buzz is building. Look out BTC, altcoin ETFs are on their way! The SEC seems to be getting a little more friendly towards it, especially with regards to Solana. We're seeing applications amended, deadlines looming, and even whispers of BlackRock jumping into the XRP game after the Ripple case...

Bitcoin Mining's Dirty Secret 2025: Is It Still Worth the Risk?

Bitcoin Mining's Dirty Secret 2025: Is It Still Worth the Risk?

Let's be blunt. The Bitcoin gold rush? It’s increasingly shaping up to be a fool’s errand come 2025. This really is more than a small blip in profitability. That is a dramatic and potentially catastrophic turn in the risk-reward equation. The shiny allure of digital gold is masking a growing...

5 Reasons Why Altcoin ETF Approval Will Unleash Crypto Summer 2.0

5 Reasons Why Altcoin ETF Approval Will Unleash Crypto Summer 2.0

The air is just crackling with excitement, right? Or maybe that’s just the Crypto Summer 2.0 that you can almost taste on the horizon. Forget the lukewarm spring we just had. This is about to be a full-blown heatwave, fueled by something even more potent than Bitcoin: Altcoins. And what's...