Beware: Crypto Scammers Have A New Way Of Deceiving Investors And They're Exploiting The AI Craze
Crypto market integrity platform Solidus Labs revealed that between September 2020 and December 2022, more than 200,000 fraudulent crypto tokens were created, deceiving over 2 million investors.
Ethereum-Based AI Project Skyrockets After Partnership Announcement With German Tech Giant
The partnership between the two companies will allow them to explore the possibilities of Web3 and artificial intelligence.
Hong Kong's Ambitious Plan To Become A Crypto Hub Has China's Quiet Blessing
Hong Kong's Securities and Futures Commission has revealed its plan to allow retail investors to trade large-cap crypto assets on licensed crypto exchange platforms in the country.
Shibarium's Central Token BONE Could Get Listed On Binance Due To Its Latest Achievement
BONE's latest achievement is an impressive and histoic feat and also a first since it was introduced in the market.
SEC Alleges Do Kwon Moved $100M In BTC To A Swiss Account
Do Kwon is said to have transferred over "10,000 BTC from Terraform Labs and Luna Foundation Guard crypto asset platform accounts" into a cold wallet or "unhosted wallet."
OneCoin Co-Founder Ruja Ignatova Allegedly Murdered In 2018 On Bulgarian Drug Lord's Order
Ruja Ignatova, who was on the FBI's Most Wanted list in June 2022, was last seen in Greece in 2017.
Major Crypto Exchange Platforms Witnessed Surge In Trading Activities Following Terra, FTX Collapse
The crash of FTX and its affiliates in November was the final nail in the coffin that prompted investors to move their assets away from centralized crypto exchange platforms.
Financial Watchdog Warns Many Existing Stablecoins Would Not Meet International Regulation Standards
The Financial Stability Board (FSB) is set to roll out a new set of regulations for crypto and stablecoins in July 2023.
WWW Creator Calls Crypto 'Dangerous,' Likens Industry's Current Status To The Dot-Com Bubble In The 90s
"It's only speculative. Obviously, that's really dangerous," the WWW inventor said when asked about cryptocurrency.
Ethereum's Explosive $10K Price Surge Achievable Through 2 Catalysts, Analyst Says
While Ethereum could reach the $10,000 price level, for now, it is just slowly reclaiming its previous price and is currently at the $1,700 level.
Hong Kong Loosens Crypto Restrictions, Announces Plan To Allow Retail Trading Of Top Cryptocurrencies
Hong Kong was once home to major cryptocurrency exchange platforms like Bitmex and the now-bankrupt crypto empire FTX.
FTX Casualty: Hedge Fund Galois Capital Folds With 50% Of Assets Stuck On SBF's Crypto Empire
"For the record, yes we did have significant funds stuck on FTX," Galois said a day after FTX filed for bankruptcy.
Kusama Reveals 'Shibarium Was The Goal Of 2022,' Shares Release Details
Kusama failed to offer an explanation why the project was not able to release according to the team's plan.
Crypto Security Threat: New Malware That Feasts On Users' Clipboard Targets Investors
"Users and organizations [should] be meticulous about the recipient's wallet address while performing cryptocurrency transactions," threat intelligence research team Cisco Talos said in a blog post.
Kraken CEO Hits Back At US Financial Regulators, Says They Support 'Bad Guys' In Crypto
After Kraken's settlement with the SEC, Jesse Powell seemed to have regretted his decision and later joked about it in a tweet
SEC Warns Celebs Of Crypto Endorsements After Settling With Paul Pierce Over EMax Promotion; Is Mayweather Next?
Kardashian, Pierce and boxing superstar Mayweather Jr. were among the top endorsers of EMAX who promoted the crypto between May and June 2021, and many think after Pierce, the boxing legend could be next.
Ex-FTX Executive Nishad Singh Nears Plea Deal; Could Drive The Final Nail In The Coffin For SBF
Singh's deal with prosecutors could involve cooperation with authorities and could be crucial in prosecuting Bankman-Fried, who pleaded not guilty to an eight-count indictment and is currently awaiting trial.
Keanu Reeves Praises Cryptocurrency, Says Criticism Will Only Make The Industry Better
Reeves described crypto as "amazing tools" for the distribution and exchange of resources and noted that criticism will only make the industry better, particularly when it comes to safeguarding crypto assets.
Norwegian Regulator Recovers Nearly $6M Funds Linked To 'Axie Infinity' Ronin Bridge Hack
Norway's first state prosecutor noted that the hackers' primary goal for stealing cryptocurrencies was to support North Korea and back its nuclear weapons program.
SBF's Bail Conditions Could Include Electronic Device Usage, Internet Access Restrictions
The federal judge clarified the hearing was not held to revoke Bankman-Fried's bail but he did not discount the possibility, saying "it could get there, conceivably."
SEC Charges TFL, Do Kwon With Crypto Asset Securities Fraud 9 Months Post Terra Collapse
SEC chairman Gary Gensler, in his latest statement, underlined that Terraform Labs and Kwon "failed to provide the public with full, fair, and truthful disclosure," specifically for TerraUSD and LUNA.
Shytoshi Kusama Introduces Shibarium, Causes Surge In Shiba Inu Token Price
Kusama noted that Shibarium is just "the first step in a global movement to end the cycle of abusive control by embracing the power of decentralization."
Seoul Prosecutors Request Arrest Warrant For Korean E-Commerce CEO Over Terra-Luna Fiasco
As payment for his efforts in promoting the crypto business, the former TMON CEO allegedly received LUNA tokens from Terra, which he eventually sold.
Major Crypto Exchanges Freeze Accounts With Millions Of Funds Tied To North Korean Hackers
Blockchain analytics firm Elliptic headed the investigation and provided intelligence to Binance and Huobi, which swiftly acted on it by freezing the accounts with around $1.4 million worth of crypto.
Lawsuit Alleges Silvergate, CEO Were Aware Of Sam Bankman-Fried's Multibillion-Dollar Fraud Scheme
The proposed lawsuit is just one of the several class-action complaints filed against Silvergate Bank over the past two months.
FTX Creditors Subpoena Bankman-Fried, His Inner Circle And Father Joseph Bankman
Bankman-Fried is expected to respond to the subpoena with the required documents by Friday.
SEC Stablecoin Crackdown: Circle Denies Rumors About Receiving Wells Notice From Regulator
In January, Circle CEO forecasted that the year 2023 is the year when stablecoin issuers would be "normalized in almost every major market."
Judge Orders Sam Bankman-Fried To Appear In Court For Possible Violation Of Bail Terms
The court previously prohibited Bankman-Fried from using encrypted messaging apps to prevent him from communicating with former FTX employees.
Ex-FTX Executive Wants To Cash Out Frozen Millions His Foundation Generated From Employee Tokens
Ruairi Donnelly made millions of dollars from FTT while he was serving as the chief of staff of FTX and Alameda Research, according to a report.
Circle Alerted NYDFS About Paxos, Told Financial Regulator BUSD Wasn't Fully Backed: Report
In a press release Monday, Paxos said it is working "in close coordination" with the New York regulator and will "cease issuance of new BUSD tokens" on Feb. 21.
