TikTok Battling Influx of Elon Musk Crypto Scams

TikTok has emerged as the latest breeding ground for fraudulent crypto giveaways that have collectively siphoned off millions from unsuspecting user

TikTok Battling Influx of Elon Musk Crypto Scams

According to a recent report by Bleeping Computer, TikTok has become a hotbed for fake cryptocurrency giveaway scams, many of which impersonate Elon Musk, Tesla, or SpaceX.  These...

1 year ago

Ethereum Merge anniversary — 99% energy drop but centralization fears linger

Energy use is down, and staking is up, but technical concerns still mark the road ahead for the second-largest cryptocurrency by market cap.

Ethereum Merge anniversary — 99% energy drop but centralization fears linger

One year after its historic transition to proof of stake, Ethereum has seen a massive reduction in energy use and a marked improvement in access to the network, however, a number of technical is...

1 year ago

South Korea’s Crypto Ecosystem Shakes Off Terra Debacle, With Gaming Dominating Web3 Activity

Korean banks are gradually dipping their toes in the market, and gaming firms are trying to capitalize in the crypto-frenzied market.

South Korea’s Crypto Ecosystem Shakes Off Terra Debacle, With Gaming Dominating Web3 Activity

“Keep building” was the general vibe of last week’s Korea Blockchain Week (KBW) event – a complete 180-degree turn from last year’s comparatively fla...

1 year ago

Israel and Hong Kong Complete Joint Testing of Retail CBDC

Hong Kong and Israel Central Banks Publish Project Sela Findings on Retail CBDC

Israel and Hong Kong Complete Joint Testing of Retail CBDC

The central banks of Hong Kong and Israel, in cooperation with the Bank for International Settlements (BIS), have published the results of Project Sela, a joint project aimed at exploring the us...

1 year ago

Brazil: Senate Commission will analyze the AI bill in 120 days

The bill, aimed at regulating the artificial intelligence in the country, was introduced to the Senate in December 2022.

Brazil: Senate Commission will analyze the AI bill in 120 days

Catching up with the wave of regulatory attention to artificial intelligence (AI), Brazil gets its work plan to discuss, analyze and, if necessary, amend the bill on AI regulation.  ...

1 year ago

SFC Warns Unregistered Crypto Exchange JPEX of Potential Criminal Liability

SFC Alerts Unregistered Crypto Platform JPEX to Potential Legal Consequences

SFC Warns Unregistered Crypto Exchange JPEX of Potential Criminal Liability

The Hong Kong Securities and Futures Commission (SFC) has issued a solid warning to unregistered crypto exchange JPEX that it may face criminal charges for actively promoting its servi...

1 year ago

Judge Allows Bankrupt FTX to Sell Its Crypto Holdings, Including BTC and SOL

Lawyers of FTX had submitted a filing with the U.S. Bankruptcy Court for the District of Delaware, asking for permission to sell, stake and hedge its crypto holdings in order to pay back creditors.

Judge Allows Bankrupt FTX to Sell Its Crypto Holdings, Including BTC and SOL

Crypto exchange FTX can sell and invest its crypto holdings to pay back creditors, a judge in the U.S. Bankruptcy Court for the District of Delaware ruled Wednesday. In a court hearing...

1 year ago

Telegram integrates TON crypto wallet, TON price jumps 7%

Messaging app Telegram endorsed TON network as its blockchain network of choice for Web3 infrastructure, boosting the TON token price by 7%.

Telegram integrates TON crypto wallet, TON price jumps 7%

Popular messaging app Telegram has finally unveiled a crypto wallet nearly three years after it first revealed plans to build a Web3 ecosystem. The wallet was unveiled during the ongoing To...

1 year ago

CoinEx exchange drained of $27M worth of crypto in suspected hack

A CoinEx hot wallet transferred $27 million of various tokens to a wallet with no previous history in what the exchange’s team has referred to as “anomalous withdrawals."

CoinEx exchange drained of $27M worth of crypto in suspected hack

On Sept. 12, crypto exchange CoinEx experienced abnormally large outflows to an address with no prior history, leading security experts to suspect the exchange was hacked. Blockchain security pl...

1 year ago

OneCoin Co-Founder Receives 20-Year Sentence and $300M Fine

Karl Sebastian Greenwood, founder of the fraudulent cryptocurrency OneCoin, was sentenced to 20 years in prison.

OneCoin Co-Founder Receives 20-Year Sentence and $300M Fine

On September 12, a judge sentenced a key co-founder of OneCoin to 20 years in prison for masterminding a massive cryptocurrency scam that defrauded millions of investors out of over $4 b...

1 year ago

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