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A fraudulent crypto exchange platform used AI-generated videos of Elon Musk and misleading information to promote crypto trading services.

Elaborate Elon Musk deepfake crypto fraud uncovered in Hong Kong

Hong Kong authorities closed in on an unlicensed, fraudulent cryptocurrency exchange that faked affiliation with Tesla CEO and Dogecoin proponent Elon Musk. The Hong Kong Securiti...

4 months ago

Mango DAO distributed treasury funds to token holders through a buyback program, but critics claim it was done to benefit an FTX estate buyer.

Mango Markets DAO buyback plan leads to accusations of ‘self-dealing’

An April 7 plan to buy back tokens at a premium to market price has led to controversy within the governing body of decentralized finance protocol Mango Markets. Some community m...

4 months ago

Tom Brady copped heat from comedians for his role in partnering with the now-defunct crypto exchange FTX.

Tom Brady roasted on crypto in Netflix special — ‘How did you fall for that?’

Former pro footballer Tom Brady was grilled by comedians and former teammates during a Netflix-streamed roast, and quips about his role in promoting the bankrupt crypto exchange FTX were some of...

4 months ago

LocalMonero, one of the largest peer-to-peer centralized platforms for trading XMR, is sunsetting its services amid the global crackdown on privacy-focused tokens.

LocalMonero exchange shutters due to ‘internal and external factors’

A centralized peer-to-peer marketplace for trading Monero (XMR), LocalMonero, is closing down its services, citing “internal and external factors” as the reason behind the ...

4 months ago

How ETF Liquidity Funds Keep Crypto Trading Smooth

Asian Crypto Venture Firms Launch $128M ETF Liquidity Fund in Hong Kong

Three Asian-based ventures have joined forces to launch Hong Kong’s first-ever ETF liquidity fund. The fund is valued at HK$1b (about $128m), according to a statement published W...

4 months ago

Revolut announced its new Revolut X crypto trading platform for U.K. retail users, which it claims will offer fixed low fees and easy fiat-to-crypto conversion.

Revolut debuts dedicated crypto exchange for UK users

The fintech company and global neobank Revolut made a notable move into the cryptocurrency sphere by quietly introducing a specialized crypto trading platform for retail customers in the United ...

4 months ago

The SEC is planning to file an “enforcement action” against Robinhood’s cryptocurrency business, according to the Wells notice.

Robinhood crypto business slapped with SEC Wells notice

The United States Securities and Exchange Commission (SEC) has issued a Wells notice to the popular trading platform Robinhood. Following the news of the Wells notice, Robinhood’...

4 months ago

Franklin Templeton’s Eth ETF Decision Delayed

SEC Delays Decision on Invesco Galaxy Spot Ethereum ETF

The Securities and Exchange Commission (SEC) has announced a delay in its decision regarding the Invesco Galaxy spot Ethereum exchange-traded fund (ETF). In an announcement, the S...

4 months ago

Bitfarms is actively working to triple its current hash rate capacity to 21 exahashes per second with a $240 million investment.

Bitcoin halving sees Bitfarms’ BTC mining earnings plummet

The impact of the fourth Bitcoin halving has led Bitfarms to report its lowest monthly earnings in over two years. The mining firm earned 269 Bitcoin in mining rewards and tr...

4 months ago

The FBI arrested a New York resident for defrauding investors of at least $43 million in a multi-year Ponzi scheme that included a Las Vegas hospitality business and crypto trading operation.

FBI busts $43M crypto and Las Vegas hospitality Ponzi scheme

The Federal Bureau of Investigation (FBI), alongside a New York court, arrested a local resident under the allegations of orchestrating a sophisticated Ponzi scheme that defrauded investors of $...

4 months ago