Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, retired artist Ed Suman lost over $2 million in crypto after falling victim to a Coinbase impersonation scam, Moody’s degrades US credit rating, and Bitcoin’s next explosive move could send the asset to $250,000 by the end of 2025, according to analyst Scott Melker.
Retired artist Ed Suman lost over $2 million in cryptocurrency earlier this year after falling victim to a scam involving someone posing as a Coinbase support representative.
Suman, 67, spent nearly two decades as a fabricator in the art world, helping build high-profile works such as Jeff Koons’ Balloon Dog sculptures, according to a May 17 report by Bloomberg.
