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Scammers Banked $59 Million in Crypto Exploiting Google Ads


Source: Adobe / zedtox Scammers have over the past nine months used a wallet-draining service named “MS Drainer” to siphon around $59 million worth of crypto from numerous victims, according to a recent report by blockchain security firm Scam Sniffer. The scam operated through Google...

As OPIE Coin Shoots Up 100,000%, This Other Token Just Hit $5.75 Million


As DEX-launched tokens continue to mount seismic rallies, OPIE coin mounted the latest 150x rallies overnight, and now traders are gravitating to this latest meme coin as the next potential skyrocket. This comes as recent months have seen a huge trend in explosive DEX-traded token moves, with...

Russia’s Digital Ruble ‘Will Affect Banks’ Liquidity’ – Report


Source: Yevgeniy Vershinin/Adobe Russia’s digital ruble will affect the commercial banking sector’s liquidity, experts have claimed as the nation prepares for a CBDC rollout. Per the media outlet Comnews, Russian financial industry experts expressed mixed feelings about the CBDC at a banking...

Circle Obtains Conditional Registration in France, Names Operations Leader


Source: AdobeStock Stablecoin issuer Circle has secured conditional registration as a Digital Asset Service Provider (DASP) from the French Financial Markets Authority (AMF). We have achieved a significant early milestone in establishing our European regulatory platform by securing a conditional...

Bitcoin Inscription Frenzy Hits EVM Blockchains


In the wake of Bitcoin’s inscription phenomenon, Ethereum Virtual Machine (EVM)-compatible chains are experiencing a surge in similar practices, leading to unexpected service outages and a little confusion over their use. EVM Chains Face Surge in Token Inscriptions Over the past year...

Circle Informs Clients of IRS Inquiry Into $20K Annual Transactions


Numerous advocates of digital currencies report that Circle Internet Financial has been reaching out to its clients about a summons received from the Internal Revenue Service (IRS). Circle has stated that it is obliged to submit records concerning U.S. taxpayers who have engaged in transactions...

BlackRock, ARK Invest, and Others Opt for Cash Redemption After SEC Pushback


Source: Pixabay / tombark Companies like BlackRock and ARK Invest have revised their spot Bitcoin (BTC) ETF filings to include cash redemption models, signaling a shift in response to SEC demands. The move comes as the Securities and Exchange Commission (SEC) deadline of January 10 to approve...

Bitcoin Price Prediction: ETF Approval Spurs Jump to $43,500


In a significant market shift, Bitcoin has soared to $43,500, marking an impressive 2.50% increase. This surge is largely attributed to the persuasive impact of spot Bitcoin ETF filings, which, even before official approvals, have intensified marketing campaigns within the crypto sector....

New EU Sanctions Package Preclude Russians From Owning Crypto Companies


The European Union said Russian nationals from owning or controlling crypto service providers under the bloc’s twelfth package of restrictive measures against the country. According to the EU, diamonds entering its will now have to be traced from “the mine to the finger” and this...

Grant Thornton: Family Offices Are Warming Up to Blockchain and Crypto


A report issued by Grant Thornton, a professional services network, has revealed that family offices are eyeing crypto and blockchain to increase their investments in these areas. More than half of the family offices consulted have already invested in digital assets, with 38% allocating less than...

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