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Report: BTC Mining Investment Platform Declared Pyramid Scheme by South African Consumer Watchdog
23.10.2022
According to the National Consumer Commission, about 4,000 South Africans who invested in a bitcoin mining equipment supplier, Obelisk, may have participated in a pyramid scheme. The commission said participants in the pyramid scheme may have lost as much as over $6 million. Obelisk Used Social...
Web3 Ecosystem to Add $1.1 Trillion to India’s GDP by 2032: Report
23.10.2022
India has emerged as a leading global player in the Web3 market, a new report by Nasscom states. Web3 investments in the country grew 37 times from the start of 2020 to Q1 2022 and $1.1 trillion in Web3 economic value is projected to be added to India’s GDP by 2032. India Emerges a Leading...
Turkey Seizes $40 Million in Crypto, Detains 46 Suspects in Criminal Investigation: Report
22.10.2022
Turkish authorities have reportedly seized $40 million in cryptocurrency and detained 46 people in an illegal betting investigation. “This operation came out of Turkish Cyprus and is linked to the murder of Halil Falyalı,” Turkish Minister of Interior Süleyman Soylu said....
Cryptoqueen Ruja Ignatova Tipped Off About Onecoin Investigations Before She Vanished, Report
22.10.2022
Ruja Ignatova, founder of the notorious crypto pyramid Onecoin, was reportedly alerted about police investigations into the scam before she disappeared. The ‘Cryptoqueen’ has been on the run for several years, wanted by law enforcement agencies around the world. Onecoin Mastermind Learned About...
Polkadot Co-Founder Gavin Wood Steps Down From CEO Role at Blockchain's Builder: Report
21.10.2022
Gavin Wood has dropped the title of CEO, according to reports
S. Korean Prosecutors Say Reports of Do Kwon's Stopover in Dubai 'Not False': Bloomberg
21.10.2022
There have been rumours circulating that Do Kwon, co-founder of Terraform Labs, the firm behind the Terra blockchain network, has left Singapore for Dubai. Prosecutors have said that these rumours are "not false," Bloomberg reported Friday
Report: Bank of America Economist Predicts 20% Devaluation of the Nigerian Currency in 2023
21.10.2022
A Bank of America economist, Tatonga Rusike, has said the Nigerian currency is overvalued by as much as 20% and will likely be devalued in 2030. The remarks by the economist came just days after the currency’s exchange rate reportedly touched a new low of just under 750 naira for every U.S....
US regulator touts to ‘aggressively police' crypto in new report
21.10.2022
The Commodity Futures Trading Commission (CFTC) says 20% of its enforcement actions were aimed at the digital assets market in the 2022 fiscal year
Remittances drive ‘uneven, but swift’ crypto adoption in Latin America
21.10.2022
The Latin American region now makes up for a 9.1% share of the global crypto value received in 2022 with remittances and high inflation the highest drivers of adoption
Latest Earnings Report: Elon Musk’s Tesla Holding Over $200 Million of Bitcoin
21.10.2022
The electric car maker Tesla still holds more than $200m worth of digital assets, with the vast majority believed to be has revealed.
Per the company’s latest earnings report, the company held $218m worth of “digital assets” as of September 30, which marked the end of the third quarter. The figure...
Crypto Exchange Binance.US Hires Ex-FBI Agent as First Head of Investigations: Report
20.10.2022
BJ Kang made a name for himself at the FBI leading probes of a number of high-profile Wall Street insider trading cases
HODL! Tesla hangs onto all its remaining $218M in Bitcoin in Q3
20.10.2022
The vehicle manufacturer's latest earnings report for the third quarter shows it's made no changes to its Bitcoin holdings since its huge sell-off in the second quarter
Finder’s Experts Predict Bitcoin Will End the Year at $21K, Panel Expects BTC to Hit $79K by 2025
20.10.2022
Following the recent xrp and ether prediction forecasts by crypto and fintech experts chosen by the product comparison web portal, finder.com, Finder’s latest handful of specialists have produced a predictions report for bitcoin. The group of 55 Finder’s experts think bitcoin will...
Report: Half of all DeFi exploits are cross-bridge hacks
19.10.2022
Over $2.5 billion have been stolen from cross-chain bridges in the past two years
There were vast discrepancies in crypto markets during Q3: Report
19.10.2022
The total crypto market cap actually increased in Q3 following a series of devastating sell-offs earlier this year
Japanese Crypto Self-Regulatory Body to Loosen Token Vetting Process: Report
19.10.2022
Japan has been looking to gradually ease rules for crypto startups, with the government also considering corporate tax breaks for companies
JPMorgan Appoints Former Celsius Exec as Crypto Regulatory Policy Head: Report
19.10.2022
JPMorgan has appointed Aaron Iovine as its head of crypto regulatory policy, a newly created role, according to a Bloomberg report on Wednesday
New Fidelity report flags 'stark contrast' between Bitcoin and fiat currencies
19.10.2022
Counterparty risk and "liability" form enduring qualities setting Bitcoin apart, says Fidelity Digital Assets
EU to Target Crypto Miners’ Power Usage as Union Relies Less on Russian Energy
19.10.2022
Authorities in Brussels are taking steps to reduce power consumption, including in cryptocurrency mining, as the EU faces limited energy supplies from Russia, the reliance on which it has been trying to lower. New energy efficiency labeling is to address the growing electricity usage in the crypto...
Report: India ranks third in the world in terms of Web 3.0 workforce size
19.10.2022
There are currently 450 Web 3.0 startup in the country, including four unicorns