Crypto spirals downwards - Cryptoscams and Cryptofraud spirals upwards
✚ Interest rate hikes have continued to increase in a bid to tame inflation, possibly causing investors to sell-off risky assets.
✚ Concerns have been growing that Celsius, a leading crypto staking and lending platform, is in the middle of a liquidity crunch.
✚ Binance, the world’s largest crypto exchange, paused Bitcoin withdrawals for over three hours last Monday due to a transaction hiccup causing a backlog.
At the same time, Cryptoscam and Cryptofraud spirals upwards.
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