Sep 18: Fiat vs Crypto Scams

Stay updated with the latest daily crypto news. The FTC's report highlights consumer losses due to various scams and frauds, emphasizing the need for vigilance in the crypto space. Entrepreneur Mark Cuban's encounter with a crypto scam involving MetaMask serves as a cautionary tale. Elizabeth Warren's Digital Asset Anti-Money Laundering Act gains support from nine new sponsors, underlining increased regulatory focus. New York regulators announce stricter standards for coin listings and delistings, enhancing investor protection. Celebrities settle lawsuits related to FTX deals, shedding light on crypto endorsements. Dive into the crucial, behind-the-scenes role played by blockchain's unseen backbone in securing billions of dollars in value. Despite processing nearly 2 million transactions in a day, Base Network still trails behind Polygon and Binance Smart Chain.

#CryptoNews #ConsumerLosses #CryptoScams #RegulatoryUpdates #FTC #DigitalAssets #MetaMask #AMLAct #CryptoRegulation #FTX #BlockchainSecurity #BaseNetwork #Polygon #BSC

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News Links 👇

https://www.aarp.org/money/scams-fraud/info-2023/ftc-consumer-losses.html

https://decrypt.co/197439/mark-cuban-crypto-scam-metamask-hack

https://decrypt.co/197565/elizabeth-warrens-digital-asset-anti-money-laundering-act-gets-nine-new-sponsors

https://www.wsj.com/articles/new-york-regulator-to-require-higher-standards-for-coin-listings-and-delistings-6229ab4e

https://decrypt.co/197509/first-celebrities-settle-lawsuit-over-ftx-deals

https://decrypt.co/154993/blockchains-unseen-backbone-securing-billions-of-dollars-in-value

https://cointelegraph.com/news/base-network-hits-almost-2m-transactions-in-a-day-still-lags-polygon-bsc

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***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT!

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