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Xinhua News focuses on "March 15th": Beware of speculation in the Metaverse investment, as criminals use the guise of "future currency" to create fake trading platforms

1 days ago

On March 16th, Xinhua News Agency released an article entitled "Focus on '3·15' | AI Face-swapping and Hype of Metaverse Investment." It was pointed out that under the guise of "future currency" and "high returns," some criminals have forged trading platforms, exaggerated revenue data, leading people to mistakenly think that investing in cryptocurrency is a sure thing. Once they have collected enough funds, they manipulate the market, causing the value of the "currency" to drop sharply and even shutting down the trading platform. Some criminals, under the banners of the Metaverse and blockchain, hype up game development related to the Metaverse, virtual reality and other concepts, claiming "earn money while playing games," packaging high-tech investment projects, publicly promoting false high returns, attracting public funds and showing the characteristics of illegal fundraising and illegal activities.
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In the last 24 hours, CEX has accumulated a net inflow of 597.53 BTC

On March 17th, based on Coinglass data, within the past 24 hours, the total net inflow of BTC on CEXs was 597.53 BTC. The top three CEXs in terms of inflow volume are as follows: Coinbase Pro, with an inflow of 470.77 BTC; Kraken, with an inflow of 284.95 BTC; Binance, with an inflow of 254.21 BTC. In addition, Bybit had an outflow of 140.27 BTC, ranking first in the outflow list.

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A whale bought an additional 500,000 AUCTION tokens last week at an average price of $18.57, currently holding a unrealized profit of approximately $6.2 million.

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