Pig Butchering (known as Sha Zhu Pans) has been widely reported as a scam scheme in 2019, mainly targeting Chinese men in dating apps. However, with the rising popularity of cryptocurrencies, the scammers quickly expanded their horizons. Back in October 2022, the Thai police detained one of the most well-known scam leaders, the Chinese businessman […]
Category: Reports
While thousands of new companies are established in the UK each month, the country’s business activity is witnessing a slowdown. According to the Office of National Statistics, the second quarter of 2023 is the eighth quarter in a row with more business closures than creations, at 84,150 vs 77,095. In addition, there is a staggering […]
Recent months were rather positive for the global economy as inflation finally started decreasing and investors could finally start envisioning the end of the current rate hike cycle. Both stock and crypto markets felt the positive sentiment with all S&P 500 (18%), BTC (80%) and ETH (55%) rising on a year-to-date basis. While S&P 500 […]
The 95th Academy Awards ceremony has just taken place, and viewers will, as always, debate the winners of the prestigious statuette this year. For cineasts, the value of a movie lies in their satisfaction with its plot, cast, and visual effects. The story is all that matters. If the quality of both the actors and […]
Looming Fed rate hikes were the hottest topic in the beginning of 2022. Shortly after that global markets dove even deeper into the red with the start of the war between Russia and Ukraine. Not long after the LUNA crash followed and crypto markets plunged deeply. Unfavorable events for the global economy continued and caused […]
The launch of Reddit’s Polygon-based collectible avatar marketplace back in July 2022 raised a lot of eyebrows. With an ongoing crypto winter and an overall bearish market, let alone the Ukraine war, a lot of investors and analysts predicted nothing good for Reddit’s new venture. However, after more than seven months in, Reddit proved them […]
In 2022, Florida’s population grew to more than 22 million, and the annual increase of 1.9% was the largest of any U.S. state, according to recent data by the Census Bureau. The state’s popularity has been growing for decades, but the trend picked up pace during the pandemic and does not seem to be slowing […]
Crypto lender Nexo has reached an agreement with the US Securities and Exchange Commission to pay a total of $45 million in fines and to stop offering and selling its retail crypto asset lending product to US investors, the regulator announced on Thursday. Nexo Capital Inc. was charged with failing to register the offer and […]
The United Kingdom is slowly shifting towards a greener economy, and as a major part of the decarbonisation plans, the transition to electric vehicles is already underway, with all petrol and diesel cars set to be banned from sale in 2030. Sales of electric cars have increased dramatically over the past year, reaching record-high numbers […]
On Thursday, just a few hours after police stormed the Nexo offices, an email to Nexo’s management, allegedly written by one of the firm’s co-founders Georgi Shulev surfaced and BestBrokers got a hold of a copy of it. The email, originally written in 2020 in reply to a Zeus Capital email, explains why Shulev, the […]