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Washington State Regulator Warns Investors of Pig Butchering Crypto Scheme


The Washington State Department of Financial Institutions (DFI) issued a warning on Thursday after it received a complaint from a Washington investor about Fameex, now offline. The investor, a real estate agent, met scammer “Jackson Qie” via an unsolicited text. Qie convinced him...

Ripple Clarifies XRP Is Not a Security After New Court Ruling


Ripple’s chief legal officer has clarified that a California district judge has dismissed all allegations that Ripple violated federal securities laws. He stressed that District Judge Analisa Torres’ ruling regarding the non-security status of XRP “stands undisturbed.”...

ZKSync’s ZK token airdrop has raised the hackles of investors


ZKSync’s ZK token airdrop has ruffled the feathers of many an investor, as well as the overall crypto community. Towards this, Binance has jumped in with a rescue team and suggested a fresh way of approaching the allocation scheme for pacifying the heckled users. Incidentally, ZK has fallen by more...

President Bukele suggests set up a bank for Bitcoin investors


President Nayib Bukele of El Salvador has suggested the setting up of a privately operated bank for exclusively addressing the financial requirements of Bitcoin investors. The aim is to make it differ from the services rendered by normal banks.   According to the Ambassador to the US, Milena...

Nigerian Regulator Warns Against Investing in Meme Coin Linked to Davido


The Nigerian securities regulator warned residents against investing in a meme coin linked to singer and celebrity Davido. The regulator described the meme coin as a highly risky investment, saying investors who invest in it do so at their own risk. The Commission will continue to monitor...

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