Prosecutors claim the “cryptojacking” scheme stole cloud computing resources to mine nearly $1 million worth of crypto.

Cryptojacker conned $3.5M from cloud firms to mine crypto, feds allege

United States prosecutors have charged a man with wire fraud and money laundering charges after he allegedly defrauded two cloud computing providers to run a “large-scale illegal &lsq...

5 months ago

Conflict Concerns Spark DOJ Review of Binance Monitor

DOJ Pulls Back from Choosing NY Law Firm for Binance Oversight, Citing FTX Connections

The Department of Justice (DOJ) is reportedly reconsidering selecting a prominent New York law firm to handle a critical assignment related to Binance, due to the firm’s prior work for riv...

5 months ago

Crypto Regulations Making Significant Strides

Reserve Bank of Fiji Says Crypto Not Recognised as Legal Tender

The central bank of the Pacific island country of Fiji has released a note to the public cautioning that cryptocurrencies and virtual assets such as Bitcoin, Ethereum, and Tether are not re...

5 months ago

The University of Glasgow, Stanford University, and New Mexico State are already using Quest headsets to educate students.

Meta announces VR education metaverse for ages 13 and up

Meta is bringing its enterprise level Quest services to the education sector, the social media giant announced on April 15. The company’s Quest virtual reality (VR) headsets have...

5 months ago

The South Korean manufacturing conglomerate also plans to invest up to $45 billion in expanding its Texas facility by the end of the decade.

Samsung secures $6.4B grant to expand Texas chip manufacturing: Report

Samsung will receive $6.4 billion worth of grants from the United States government to expand its chip manufacturing in Texas. The South Korean manufacturing conglomerate secured the g...

5 months ago

A recent research by KPMG has revealed that after a turbulent year for the cryptocurrency market, investor sentiment appears to be on the rebound.

German Investors Increasing Crypto Investments Ahead Of Bitcoin Halving: KPMG Study

The findings reveal an increase in crypto investments, with 54% of respondents allocating over 20% of their total investments to digital assets. Many investors, particularly those dedicating mor...

5 months ago

More Crypto-Related Tax Violations Expected in 2024

IRS Investigation Chief Anticipates Increase in Crypto Tax Evasion Cases This Year

Guy Ficco, the Criminal Investigation Chief at Internal Revenue Service (IRS), has indicated the agency is bracing for a significant increase in cases of crypto-related tax evasion thi...

5 months ago

“The Fabled” Joins Immutable for a Groundbreaking Gaming Launch

Octavian Studios, known for its veteran team drawn from top industry giants like EA, Ubisoft, and Bandai Namco, is gearing up to redefine gaming with its latest venture, “The Fabled”...

5 months ago

Halving to Negatively Impact Altcoins as Well

Miners Could Offload $5 Billion in Bitcoin Following Halving, Warns 10x Research

A notable outflow of Bitcoin from miners could be on the horizon in the months following the upcoming halving event. In a recent note, Markus Thielen, the head of research at 10x ...

5 months ago

Yoni Assia, founder and CEO of the eToro trading platform, predicts the market capitalization of crypto projects will exceed $100 trillion in value as most physical assets shift over to the blockchain.

eToro’s CEO predicts $100T crypto market amid shifts

In an interview at Paris Blockchain Week, Yoni Assia, CEO of the trading platform eToro, discussed the future of cryptocurrencies and blockchain technology. Assia predicts that the market capita...

5 months ago