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A SUSPECTED MASTERMIND OF $1.8 MILLION CRYPTO FRUAD ARRESTED IN NEW YORK

A suspected mastermind of $1.8 million crypto fruad arrested in new york

On Wednesday, the Federal Bureau of Investigation detained a 37-year-old man for an alleged crypto mining scam of over a dozen people out of $1.8 million in a lengthy crypto mining scheme.Officials say Chester "Chet" Stojanovich pretended to be a crypto mining equipment dealer between March 2019 and September 2021, convincing would-be customers to pay large sums for mining machines as well as miner-hosting facilities, which St

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ALTCOINS EAT INTO BITCOIN'S DOMINANCE AS THE LATTER'S SHARE IN THE TOTAL CRYPTO MARKET CAP SHRINKS DRASTICALLY.

Altcoins eat into Bitcoin's dominance as the latter's share in the total crypto market cap shrinks drastically.

Throughout its 13-year history, Bitcoin has been the most valuable cryptocurrency by market capitalization. Still, its dominance has dwindled from a stable over 80 percent in 2013 to an average of 50-60 percent in the next four years.Altcoin to watch 2020 market share had fallen to an all-time low of 32.81 percent on January 15, 2018, when the total cryptocurrency market capitalization reached $700 billion. Because of the in

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