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$2,000,000 Drained From Customers’ Bank Accounts in Just 8 Days, Says Financial Giant, Warning Scammers Trigger Fraudulent Transfers Like Clockwork

A trillion-dollar banking giant says its customers lost about $2 million to fraud in a span of just eight days. Santander UK says scammers ripped £1.99 million ($2.04 million) from its customers’ accounts between Christmas and January 1st of 2024. The bank revealed the numbers in a push to keep customers vigilant through the holiday season. Santander says one person lost over £600,000 by falling for a fake investment scheme. Others were tricked into sending money to fraudsters posing as “recruiters,” causing losses of around £1,700 each. Overall, each victim lost about £3,354 on average, prompting the bank to warn everyone to stay alert. “…Customers reported being scammed when buying items online, including clothes purchased on Instagram, as well as football and Taylor Swift tickets purchased on Facebook Marketplace. On Boxing Day, several claims were made from customers who were contacted by scammers pretending to be their bank.” Santander recommends people pause and verify recipients before transferring money, carefully research social media deals that seem too good to be true and confirm suspicious calls or messages by hanging up and contacting a known number. Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post $2,000,000 Drained From Customers’ Bank Accounts in Just 8 Days, Says Financial Giant, Warning Scammers Trigger Fraudulent Transfers Like Clockwork appeared first on The Daily Hodl . NewsBTC

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Why Is Ripple’s (XRP) Price Up Today?

TL:DR; While most of the crypto market sits either deep in the red, as the case with SUI, or with insignificant gains, such as BNB and DOGE, Ripple’s native token has gone on a tear. But what’s behind this rally to a new multi-week peak of just over $2.5? XRPUSD. Source: TradingView As the graph above showcases, Ripple’s native cross-border token plunged hard at the end of December, going from over $2.7 after the launch of the company’s stablecoin to a monthly low of $1.96. It went through massive volatility in the following weeks, including another drop to under $2 on December 30, but managed to recover most losses and even spiked to $2.5 on January 4, 2025. Another market-wide retracement followed that took BTC south to a 7-week low , but XRP coped better with the correction this time, sliding by a more pain-free 15% to $2.2. It started its recovery a few days later and jumped to just over $2.5 minutes ago, which is actually its highest price tag in nearly a month (December 18). At the same time, BTC struggles to remain above $94,000, while many other altcoins are quite sluggish on a daily scale. Perhaps the most evident reason behind this is the increased whale activity as of late. As CryptoPotato reported earlier, XRP whales had spent more than $2 billion within two days to accumulate over a billion tokens, which is a massive supply shock for the asset. At the same time, analysts continue to be highly bullish for XRP, predicting substantial price increases and even new all-time highs, especially if it maintains the $2.32 support line and conquers the $2.5 next. $XRP : The price is still holding support and there is some increased upside momentum. To keep the local uptrend alive, the price should ideally hold above $2.32. $2.50 and $2.72 are the next resistance levels and the chart context has not changed. A break above $2.50 is needed as… pic.twitter.com/kcBNrUVSxj — More Crypto Online (@Morecryptoonl) January 11, 2025 The post Why Is Ripple’s (XRP) Price Up Today? appeared first on CryptoPotato . NewsBTC