Episode Transcript
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Speaker 1 (00:03):
Welcome to three Invests Daily news podcast. Today we cover
a major warning about cryptocurrency fraud from the Royal Canadian
Mounted Police, the rise of cryptocurrency payments in the hospitality industry,
and how one victim lost fifty eight thousand dollars in
a cryptocurrency scale. Stay tuned for more updates that could
(00:23):
influence your next crypto investment strategy. Welcome to three Invests
Daily crypto neews podcast, where we deliver a concise summary
of the latest happenings in the cryptocurrency world. First up,
the Royal Canadian Mounted Police have issued a warning about
escalating cryptocurrency fraud cases. They are urging the public to
(00:45):
be extremely cautious when dealing with digital currencies, as scammers
are continually finding new ways to deceive unsuspecting victim. The
authorities advise thorough research and verification before engaging in any
cryptocurrency transactions to avoid falling prey to fraud switching gears.
The hospitality industry is witnessing the rise of cryptocurrency payments.
(01:10):
More hotels and establishments are starting to accept digital currencies
as a legitimate form of payment. This trend is driven
by the increasing adoption of cryptocurrencies by consumers, making it
easier and more convenient for travelers to pay using their
digital wallets instead of traditional payment methods. One harrowing incident
(01:30):
brings attention to the risks involved in cryptotransactions. A victim
recently lost fifty eight thousand dollars in a cryptocurrency scam.
This unfortunate event underscores the importance of vigilance and skepticism
when approached with seemingly lucrative crypto investment opportunities that may
turn out to be fraudulent. Always ensure that you are
(01:52):
dealing with reputable sources. In other news, Michael Saylor, a
prominent figure in the crypto space, has real Field his
top cryptocurrency pick that he predicts will skyrocket soon. Sailor's
endorsement can significantly influence market trends, so keeping an eye
on his recommendations could provide valuable insights for your investment portfolio.
(02:17):
Lickcoin is another cryptocurrency garnering attention. Often overshadowed by Bitcoin
and ethereum, licoin offers unique features that could make it
a worthwhile addition to your investment strategy. It's known for
faster transaction times and lower fees, which may appeal to
both investors and day to day users. Today's updates also
(02:39):
include news about new cryptocurrency releases, listings, and pre sales. Notably,
the PNWR token and Creta World are making waves in
the market. Keeping track of new entrants can provide early
bird advantages to savvy investors looking to diversify their crypto holdings.
(02:59):
A recent addiction by financial analysts suggests that the cryptocurrency
market could experience a parabolic rise soon. This could be
an opportune moment for investors to strengthen their positions, provided
they remain aware of market volatility and potential risks associated
with rapid price increases. In the United Kingdom, everyday cryptocurrency
(03:22):
transactions are becoming more commonplace. Businesses and consumers alike are
increasingly using digital currencies for routine transactions, which reflects broader
acceptance and adaptability of crypto in conventional financial system. Warning
signs from the FBI indicate that cryptocurrency losses have surged
to five point six billion dollars in twenty twenty three.
(03:45):
The increase is attributed to sophisticated scams and rampant market manipulation.
This stark statistic serves as a reminder to all crypto
enthusiasts to remain cautious and perform due diligence before made
making any transaction. Lastly, keep an eye on cryptocurrencies like
(04:06):
Pith Network, Drift, Wormhole, and Big Time, which have the
potential to explode this month. Staying updated on potential high
growth investments can offer significant financial rewards if timed correctly.
Thank you for tuning in to today's episode of Three
Invests Daily news podcasts. Don't forget to check out our
(04:26):
website in the podcast description for the best investment platforms
with search tools, comparators, and reviews of major crypto investment platforms.
You'll also find all the news articles discussed today linked
in the description. See you tomorrow for more crypto news updates.