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FBI Warns of Growing $55 Billion Business Email Scam
13.9.2024
The Federal Bureau of Investigation (FBI) has warned of a rising business email compromise (BEC) threat, responsible for $55 billion in global losses over a decade. The scam has affected all 50 U.S. states and 186 countries, with funds frequently routed through banks in the United Kingdom, Hong...
17 Million Users Claimed Dogs Airdrop on TON Reaching ‘Unheard of’ Levels of Web3 Engagement
13.9.2024
The TON team highlighted the magnitude of the recently concluded dogs token generation event and its subsequent airdrop, which disrupted its network several times. On social media, the TON team stated that unique active users rose to 1.1 million, reaching 14.4 million transactions in one day....
Bitcoin 'make or break moment' hangs on $46K BTC price support — Research
13.9.2024
BTC price weakness leaves just two lines of defence nearby, ARK Invest warns, while Bitcoin spawns underwater investors
Bitcoin Extortion Emails Demand Ransom, Show Google Maps of Victims’ Homes
13.9.2024
The Douglas County Sheriff’s Office has alerted Minden, Nevada, residents to a scam involving threatening emails aimed at extorting money through bitcoin. The emails claim to possess personal details such as the victim’s home address, phone number, and internet browsing history....
US Treasury Sanctions Cambodian Tycoon Over Crypto Fraud and Trafficking Links
13.9.2024
The U.S. Department of the Treasury has imposed sanctions on Cambodian tycoon Ly Yong Phat and his businesses, linking them to human trafficking and forced labor scams involving cryptocurrency fraud. Victims were manipulated into online scam centers, and trafficked workers were forced into labor...
Sky proposes dropping Wrapped Bitcoin over claimed Justin Sun ties
13.9.2024
The team behind Sky, formerly Maker, wants to drop WBTC due to what it claimed were recent changes in ownership and control “likely involving Justin Sun or affiliates.”
BRICS Gains Global Appeal as 34 Countries Show Interest, Putin Reveals
13.9.2024
Russian President Vladimir Putin revealed that 34 countries have shown interest in joining BRICS activities, highlighting the global appeal of the group. He detailed Russia’s role in facilitating the integration of new members, sharing updates on BRICS activities under Russia’s...
Elon Musk Warns US Laws and Regulations Will Worsen Every Year Without Major Reform
13.9.2024
Tesla and Spacex CEO Elon Musk has warned that without substantial government reform, laws and regulations will worsen annually, potentially stifling major initiatives. He has reiterated his call for significant U.S. government changes and agreed to help former President Donald Trump lead a...
Standard Chartered: Bitcoin Could Hit $125K Under Trump, $75K Under Harris
13.9.2024
Standard Chartered has reaffirmed its projection that bitcoin will hit new all-time highs by the end of 2024, regardless of the U.S. election outcome. The bank’s digital assets head predicts bitcoin could reach $125,000 under Trump or $75,000 under Harris, with temporary drops under a Harris...
Grayscale Launches XRP Trust — Cites Potential to Transform Legacy Financial Systems
13.9.2024
Grayscale Investments has created a new trust for XRP, allowing accredited investors to gain exposure to the cryptocurrency known for facilitating cross-border transactions. The Grayscale XRP Trust functions like other single-asset crypto investment vehicles, holding only XRP. Grayscale’s...
DeFi Lending Giant Sky Sets Vote to Offload Wrapped Bitcoin as Justin Sun Concerns Linger
13.9.2024
The action could impact $200 million of DeFi loans in the Sky ecosystem should the proposal pass
Donald Trump Announces World Liberty Financial Launch — ‘We’re Embracing the Future With Crypto’
13.9.2024
Former U.S. President Donald Trump has announced the launch of his family’s cryptocurrency platform, World Liberty Financial, positioning it as an alternative to traditional banks. He encouraged users to join a live event on X next Monday. “We’re embracing the future with...
Zano and Confidential Layer Partner for Secure, Private Cross-Chain Transactions
13.9.2024
Zano blockchain partnered with Confidential Layer to enable secure and private transactions across different blockchains. This allows users to keep their original assets (like ether or bitcoin) while adding Zano’s strong privacy features. Both the Zano and Confidential Layer teams see this...
Lengthy Licensing Stumps Kenyan Fintech Startups
13.9.2024
Fintech startups face significant challenges when expanding to Kenya, primarily due to the lengthy and complex process of obtaining an operating license. Obtaining a payment service provider (PSP) license can take up to two years, forcing startups to rely on workarounds such as partnerships with...
US and Africa Urged to Collaborate on AI Development
12.9.2024
A two-day pan-African AI conference was held in Lagos, Nigeria, co-hosted by the United States. The conference aimed to promote safe, secure, and trustworthy AI systems in Africa, with hundreds of attendees from various fields. U.S. Deputy Secretary of State Kurt Campbell emphasized the importance...
Bukele advisers said BTC adoption was ‘complete PR move’ — TIME reporter
12.9.2024
According to a TIME Magazine correspondent, El Salvador President Nayib Bukele used Bitcoin to “change the narrative” on the country’s international perception
Latam’s Fintech Giant Nubank Ends Nucoin Trading
12.9.2024
Nubank, one of the biggest neobanks in Latan, announced on Tuesday that it would terminate the trading of its nucoin cryptocurrency as it turns to use it as part of an internal rewards and benefits program for its clients. Users will have the choice of exchanging it for bitcoin or stablecoins...
Building on Bitcoin in the Age of Web3
12.9.2024
We need a cultural, philosophical, and technological movement that will return Bitcoin to its once prominent position in the decentralized finance landscape
Coinbase Launches Wrapped Bitcoin for Ethereum and Base Networks
12.9.2024
Coinbase has unveiled Coinbase Wrapped Bitcoin (cbBTC), giving users a gateway to decentralized finance (defi) apps on Ethereum and Base, using bitcoin (BTC). The cbBTC token is essentially a wrapped version of bitcoin, fully backed by BTC held in Coinbase’s custody. Coinbase Wrapped Bitcoin...
Operation Niflheim: Brazilian Authorities Crack Down on $9.7 Billion Crypto Money Laundering Rings
12.9.2024
The Brazilian Federal Police dismantled an operation that used crypto to launder money from criminal sources, sending it abroad. Operation Niflheim involved the issuance of eight arrest warrants and 19 search and seizure orders against these groups that operated in Caxias do Sul, Sao Paulo...