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Investor shares story of falling victim to $100K crypto hack
28.6.2024
“I thought that my heart would stop,” said Matthias Mende as he told Cointelegraph how he felt when he realized he lost $100,000 in crypto assets to a hacker
Nigeria’s SEC boss says crypto can aid 38M unbanked
28.6.2024
Agama noted that cryptocurrencies like Bitcoin can greatly lower remittance costs, making it easier and cheaper for Nigerians abroad to send money home
Crypto platform Yield App shuts down citing FTX losses
28.6.2024
Yield App halts operations, citing losses from FTX exposure, despite previous assurances of no significant impact
Bolivia lifts ban on Bitcoin, authorizes crypto transactions via banks
28.6.2024
The change in regulatory stance marks the end of a ban on crypto use in the country that began in 2014
Blockchain Association Says Tigran Gambaryan’s Detention Harms Nigerian Web3 Industry
28.6.2024
Nigeria’s detention of Binance executive Tigran Gambaryan is impacting the country’s blockchain industry, an organization representing blockchain and crypto associations has warned. Evidence of this impact includes the decline in foreign investments. The organization also argued that the continued...
Major crypto projects to unlock $755M in July
28.6.2024
About $755 million in crypto assets from AltLayer, Arbitrum, Optimism and other projects will be released in July as their vesting period concludes
Jesse Powell donates $1M in crypto to Trump's 2024 campaign
28.6.2024
Jesse Powell, Kraken co-founder, backs Trump with $1 million in Ether, supporting pro-crypto policies against regulatory crackdowns
2024 Crypto Losses Attributable to Deepfakes Projected to Exceed $25 Billion
28.6.2024
Losses attributed to crypto crimes involving the use of deepfakes are projected to surpass $25 billion in 2024. According to the latest Bitget research study, these losses are expected to continue rising if no regulatory intervention is introduced to curb this type of fraud. Educating users...
Australia’s revamped data program to ‘catch out’ crypto tax cheats
28.6.2024
The Australian Tax Office is collecting over a decade of crypto transaction data, and tax dodgers could be busted if they don’t properly file this tax season
Fake Crypto Fund Operator Pleads Guilty to Defrauding Investors
28.6.2024
Michael Joseph McElhiney, age 37 and formerly of Spokane, Washington, has pleaded guilty to wire fraud, the U.S. Department of Justice (DOJ) announced on Wednesday. Between March 4, 2021, and Sept. 10, 2022, McElhiney defrauded investors by falsely claiming to operate a cryptocurrency investment...
Bitcoin and Crypto Were Not Mentioned Once During the Trump-Biden Debate
28.6.2024
Prior to the highly anticipated presidential debate between Donald Trump and Joe Biden, many on social media were speculating whether the topics of Bitcoin and cryptocurrency would come up. However, as the debate concluded, it was clear that neither candidate made any mention of these emerging...
Nubank Partners With Lightspark to Bring Lightning Network Access to Over 100 Million Customers in Latam
28.6.2024
Nubank, Latam’s most valuable bank, has partnered with Lightspark, a cryptocurrency-focused financial services company, to bring its customers access to Lightning Network transactions. With this partnership, Nubank expects to lower costs and get more flexibility for users to take advantage...
Logan Paul sues Coffeezilla for defamation over CryptoZoo videos
28.6.2024
Logan Paul claims YouTuber Stephen Findeisen, also known as Coffeezilla, “maliciously and repeatedly” made false statements about his NFT project CryptoZoo
Biden-Trump debate: Crypto goes completely unmentioned
28.6.2024
Joe Biden and Donald Trump didn’t discuss crypto in their first head-to-head debate even as the industry raised a multibillion-dollar war chest to influence the elections
Crypto Unmentioned at First 2024 U.S. Presidential Debate
28.6.2024
President Joe Biden and former President Donald Trump faced off in a debate on Thursday evening
Interpol Disrupts Scam Networks: 6,745 Bank Accounts Frozen, $2M Crypto Seized, 3,950 Arrested
28.6.2024
Interpol’s Operation First Light, a global initiative involving 61 countries, has disrupted online scam networks by freezing 6,745 bank accounts and seizing assets worth $257 million, including $2 million in cryptocurrency. The operation targeted phishing, investment fraud, fake online...
SEC Revokes Lufkin Advisors’ Registration Amid Fraudulent Crypto Activities
28.6.2024
The U.S. Securities and Exchange Commission (SEC) instituted administrative proceedings against Lufkin Advisors LLC on Wednesday. This follows an offer of settlement from Lufkin Advisors, which the SEC has accepted. The SEC found that Lufkin Advisors engaged in fraudulent activities, including...
Binance CEO Shares Key Tips for Investors Getting Into Crypto
28.6.2024
Binance CEO Richard Teng has given some advice for investors interested in getting into cryptocurrency. He provided three key tips for starting a crypto journey. “Explore and constantly reassess your strategy” was one of the three pieces of advice the Binance executive gave....
Robert Kiyosaki Bought 60 Bitcoins at $6K — Now Buys BTC Every Month
28.6.2024
Rich Dad Poor Dad author Robert Kiyosaki has revealed that he purchased 60 bitcoins at $6,000 each and continues to buy more bitcoin every month. He explained that the crypto represents “rules-based money,” contrasting it with government fiat money, which he describes...
Bitwise CIO Estimates Spot Ether ETPs Will Attract Billions: ‘Not a Casual Guess’
27.6.2024
Bitwise CIO Matt Hougan has predicted that spot ether-based exchange-traded products (ETPs) will have a favorable performance in financial markets when finally trading. Hougan estimates that these products will have net flows of $15 billion during their first 18 months of trading, taking into...