News Bit: Bitcoin Briefly Plunges Below $20k as Crypto Rally Reverses Course
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News Bit: Bitcoin Briefly Plunges Below $20k as Crypto Rally Reverses Course

Bitcoin hovers below $20,000: Bitcoin recently dropped in value and briefly went below $20,000. This happened after U.S. President Joe Biden made an announcement about the country’s budget, which caused some uncertainty in the cryptocurrency market. Additionally, a bank called Silvergate, which provides services to companies that use cryptocurrency, announced that it was going out…

Hundreds of Fake ChatGPT Tokens Lure Crypto Investors, Majority Issued on BNB Chain
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Hundreds of Fake ChatGPT Tokens Lure Crypto Investors, Majority Issued on BNB Chain

Blockchain security firm PeckShield has discovered dozens of pump-and-dump tokens posing as artificial intelligence chatbot ChatGPT, with around 132 tokens issued on BNB Chain, 25 tokens on Ethereum, and 10 separate tokens on other blockchains. The fraudulent tokens were created by a developer under the pseudonym “Deployer 0xb583” who uses a pump-and-dump scheme to take…