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The co-founder of the crypto-focused VC firm Electric Capital, Avichal Garg, has warned investors over a potential disguised crypto scam.
The early-stage VC that raised $300 million for its third fund in September, is now being targeted by crypto scammers. According to Garg’s warning, the perpetrators are...
9 months ago
The international banking giants HSBC and Hang Seng Bank have joined China’s digital yuan pilot.
21st Century Business Herald reported that a group of “four foreign banks” have “officially announced the launch of digital yuan business.” HSBC’s Ch...
9 months ago
Changpeng Zhao was set to return to the UAE, where his wife and children live, but a district judge stayed this part of his bond release for now.
Binance founder Changpeng "CZ" Zhao must remain in the U.S., at least for the moment, as a federal judge considers a U.S. Department of Justice motion that would require him to remain ...
9 months ago
The founder of Cosmos Hub has detailed plans and discussions on forking the network to create AtomOne, which has sparked rumors of an airdrop to ATOM stakers.
On Nov. 26, Jae Kwon posted an update on the forking of Cosmos Hub to create a new chain called AtomOne. There has been significant disagreement in the Cosmos community over issues lik...
9 months ago
“We hope you can remember us as the best drainer that has ever existed,” wrote the scam-as-a-service wallet drainer.
Inferno Drainer, one of the most popular crypto wallet-draining kits for hire, says it is shutting down for good after helping phishing scammers steal nearly $70 million worth of crypto this yea...
9 months ago
The JPEX incident has prompted the Hong Kong government to expedite the approval process for cryptocurrency products to promote compliance in the industry.
According to OSL Compliance Exchange, a licensed virtual asset platform, financial technology solution providers have shown interest in the potential benefits of integrating tokenized platforms ...
9 months ago
Crypto exchange Zipmex Thailand has announced the immediate suspension of digital asset trading until early next year.
The decision was made to ensure proper compliance with the criteria set by Thailand’s Securities and Exchange Commission (SEC), the platform wrote in a Facebook post on Saturday afternoon....
9 months ago
According to Ambient Exchange founder Doug Colkitt, KyberSwap’s $46 million hack was “the most complex and carefully engineered smart contract exploit” and confirmed that what happened was an infinite money glitch.
In a detailed thread on X dated November 23, Colkitt outlined the intricacies of the attack, shedding light on the methods employed by the attacker. Colkitt explained that th...
9 months ago
Following the $4.3 billion fine by the U.S. Department of Justice (DoJ), Binance’s outflow has surpassed the $1 billion mark over the past week.
According to data provided by DeFi Llama, Binance witnessed a negative net outflow of $1.2 billion in the past seven days. This comes while the largest crypto exchange saw a $462 million outflow...
9 months ago
Participants will be restricted to using the CBDC only for payment, without an option to store, exchange, or send it to other users.
The Bank of Korea (BOK) has said it will invite 100,000 Korean citizens to purchase goods with deposit tokens as part of the central bank digital currency (CBDC) pilot. The testing will start &l...
9 months ago
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