Crypto News Podcast - September 13, Two Thousand Twenty-Four

In today's episode, we cover the FBI's warning about cryptocurrency losses soaring to five point six billion dollars in two thousand twenty-three, the debate around the viability of cryptocurrency Exchange Traded Funds, and a surprising family crypto project announced by Donald Trump. We also discuss rising cryptocurrency fraud in Saskatchewan, promising outlooks for Litecoin, and extensive crypto scams impacting Maryland residents. Tune in for your daily dose of crypto news with Threenvest.

For more information on the world of cryptocurrencies, here are our top resources:

• Threenvest
• Crypto Guide
• My exchange search tool
• Centralized Crypto Exchange Comparator
• Decentralized Crypto Exchange Comparator
• Crypto Broker Comparator

Read the full articles:

1. [Cryptocurrency Losses Soared to $5.6 Billion in 2023, the FBI Warns](https://www.bitdefender.com/blog/hotforsecurity/cryptocurrency-losses-soared-to-5-6-billion-in-2023-the-fbi-warns/)
2. [Are Cryptocurrency ETFs a Good Investment?](https://www.msn.com/en-us/money/savingandinvesting/are-cryptocurrency-etfs-a-good-investment/ar-AA1qwst8?ocid=BingNewsVerp)
3. [Next Cryptocurrency to Explode](https://insidebitcoins.com/news/next-cryptocurrency-to-explode-september-13-pyth-network-drift-wormhole-big-time)       
4. [Donald Trump Reveals Family Cryptocurrency Project](https://www.msn.com/en-us/news/politics/donald-trump-reveals-family-cryptocurrency-project-with-colon-cleanse-salesman-and-all-his-sons-are-involved/ar-AA1qxg7j?ocid=BingNewsVerp)
5. [Saskatchewan RCMP Warns About Cryptocurrency Fraud](https://discovermoosejaw.com/articles/sask-rcmp-warns-about-cryptocurrency-fraud)
6. [Why You Should Care About Litecoin](https://www.zmescience.com/science/heres-why-you-should-care-about-litecoin-a-cryptocurrency-youve-probably-not-even-heard-of/)
7. [Cryptocurrency Fraud Losses Reach a Staggering $3.4 Million](https://www.620ckrm.com/2024/09/13/cryptocurrency-fraud-losses-reach-a-staggering-3-4-million/)
8. [Prediction: Cryptocurrency Parabolic Rise](https://finance.yahoo.com/news/prediction-cryptocurrency-parabolic-heres-why-094500167.html)
9. [Cryptocurrency Scams Cost Marylanders Nearly $94 Million in 2023](https://www.cbsnews.com/baltimore/news/cryptocurrency-scams-cost-marylanders-nearly-94-million-in-2023-report-shows/)
10. [Everyday Cryptocurrency Transactions in the UK](https://bmmagazine.co.uk/business/everyday-cryptocurrency-transactions-in-the-uk/)

Visit our website to find the best platform for your crypto investments and explore our comparisons and reviews.

Episode Transcript

Speaker 1 (00:03):
The FBI has issued a stern warning about cryptocurrency losses,
totaling as staggering five point six billion dollars in twenty
twenty three. Our cryptocurrency exchange traded funds a good investment,
and finally, Donald Trump reveals a shocking family cryptocurrency project.

(00:23):
Welcome to the three Invested Daily Crypto News podcast, where
we'll be covering all these stories and more. Stay tuned
as we dive into today's top headlines and give you
the latest on what's happening in the world of cryptocurrency.

Speaker 2 (00:38):
First up, the Federal Bureau of Investigation has reported that
cryptocurrency losses have soared to five point six billion dollars
in twenty twenty three.

Speaker 1 (00:51):
This alarming increase has put a spotlight on the growing
issue of fraud and theft in the crypto space, urging
investors to be more vigilant than ever. Moving on to
our next story, the conversation around cryptocurrency exchange traded funds
continues to mature, with financial experts debating their viability. The

(01:11):
question remains, are crypto ETFs a good investment for you?
In an unexpected twist, former President Donald Trump has announced
a new family cryptocurrency project, partnering with a well known
callin Clen's salesman. Trump has engaged all his sons in
this venture, drawing mixed reactions from the public. We'll be

(01:35):
keeping a close watch on how this story develops.

Speaker 2 (01:39):
Now.

Speaker 1 (01:39):
The Saskatchewan Royal Canadian Mounted Police have issued a warning
about escalating cryptocurrency fraud in the region, with losses reaching
a critical three point four million dollars. It's a stark
reminder of the risks associated with digital currency. Let's shift
the spotlight to a lesser known but promising cryptocurrency, Lickcoin.

(02:02):
Analysts are eyeing leap coin due to its unique features
and strong community support. While it may not have the
notoriety of Bitcoin or ethereum, it's definitely a coin worth
keeping on your radar. In more troubling news, cryptocurrency fraud
losses in Canada have reached as staggering three point four

(02:23):
million dollars this year. This marks a significant increase compared
to previous years, highlighting the need for better security measures
in the industry. On a more optimistic note, experts are
predicting a parabolic rise and cryptocurrency value soon. Factors like
mainstream adoption and technological advancements are contributing to this bullish outlook.

(02:49):
Keep an eye on the market as this could be
a lucrative opportunity. Residents of Maryland have also felt the
sing of crypto scams, with losses nearing ninety four million
dollars in twenty twenty three. This calls for more robust
regulations and investor education to prevent such significant financial hits. Lastly,

(03:14):
the United Kingdom is seeing a rise in everyday cryptocurrency transactions.
Whether it's shopping, investing, or transferring money, Crypto is becoming
a more integral part of daily life. This trend underscores
the growing acceptance and utility of digital currencies. Thank you
for tuning in to today's episode of the Three invest

(03:36):
Crypto News podcast. Do not forget to visit our website
linked in the description to find the ideal platform for
all your crypto investment needs. We also have of all
the articles and sources we mentioned during the podcast available
in the description. We will see you tomorrow with more
news and update. Hee