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After Swimming In Gold For Months, Diablo IV Players Are Begging For A Bailout
22.5.2024
When Diablo IV first came out its economy felt hopelessly broken. Incrementally better but mostly worthless gear was incredibly expensive to buy during the main campaign, while gold was so tangential to the end-game grind that players quickly amassed Scrooge McDuck-like fortunes with nothing really...
Layer-2 Network Starknet Gets Ethereum Virtual Machine With Zero-Knowledge Proofs
22.5.2024
The zkEVM, called Kakarot, already in testing, will be available via the Starknet Stack
Hong Kong Police Arrest Three in HK$5.1 Million Virtual Investment Talk Show Ticket Scam
21.5.2024
Hong Kong police have arrested three individuals linked to a fraud syndicate that allegedly defrauded at least 10 residents out of HK$5.1 million (US$653,900) by deceiving the victims into bidding for fake tickets to a virtual investment talk show with the intention of reselling them for...
Brazil Central Bank Crafting Crypto Regulation Plan, Expected by Year’s End
21.5.2024
Brazil's central bank unveiled a multi-phase plan to regulate crypto and virtual asset service providers on Monday. It aims to finalize the regulatory proposals by the end of this year.
The post Brazil Central Bank Crafting Crypto Regulation Plan, Expected by Year’s End appeared first...
Crypto exchange Kraken has ‘no plans’ to delist USDT in Europe for now
20.5.2024
Concerns were raised after a Bloomberg article reported Kraken was “actively reviewing” which tokens it could continue to list under the European Union’s upcoming MiCA framework
US Treasury strategy would tighten virtual asset regs, increase use of AI
17.5.2024
Better regulations, greater enforcement and AI are going to be the focus of the Treasury’s fight against illicit finance
Binance helps Taiwan solve $6.2M crypto fraud
17.5.2024
Working with Binance, Taiwan prosecutors pieced together the evidence, resulting in the indictment of nine individuals for financial crimes, including money laundering and fraud
Chinese Police Arrest Six Suspects in $300 Million Cryptocurrency Money Laundering Case
13.5.2024
The Public Security Bureau of Panshi City in Jilin Province has cracked down on an illegal operation involving underground banks and virtual currencies.
The post Chinese Police Arrest Six Suspects in $300 Million Cryptocurrency Money Laundering Case appeared first on Cryptonews
Religious leaders debate going to church in the metaverse
12.5.2024
With the Pope sounding off on AI recently, the discourse surrounding religion and technology has heated up
279 Crypto Accounts Forfeited to US Government in North Korean Laundering Crackdown
12.5.2024
The U.S. District Court for the District of Columbia has ordered the forfeiture of 279 cryptocurrency accounts containing funds linked to alleged hacks of crypto exchanges by North Korean operatives. This measure is a component of a broader U.S. effort aimed at dismantling cyber operations that...
Interpol Nigeria boosts cybersecurity with virtual asset training
11.5.2024
The training will enable officers to effectively address cybercrimes involving virtual assets, particularly stablecoins
India Approves Crypto Exchanges Binance and Kucoin as Registered Virtual Asset Service Providers
11.5.2024
Cryptocurrency exchanges Binance and Kucoin have successfully registered with India’s Financial Intelligence Unit as Virtual Asset Service Providers (VASPs), a top official has reportedly confirmed. Both crypto exchanges were previously banned in India due to violations of the country’s...
Hong Kong Police Detain Businessman Tied to Crypto Investor’s Abduction
10.5.2024
A businessman from Hong Kong, linked to four individuals implicated in the kidnapping of a cryptocurrency investor, was recently taken into custody after surrendering to law enforcement. Authorities allege that the vehicle used in the investor’s abduction is owned by the businessman’s family....
Taiwan Proposes AML Amendments, Seeks Jail Terms and Fines for Non-Compliant Crypto Service Providers
10.5.2024
In response to fraud and money laundering risks in the virtual asset landscape, Taiwan’s Ministry of Justice has proposed several amendments to the city’s existing AML laws, suggesting hefty fines and prison terms for non-compliant service providers.
The post Taiwan Proposes AML Amendments, Seeks...
Taiwan proposes tougher AML measures for crypto service providers
9.5.2024
Taiwan’s Ministry of Justice proposed four amendments to the country’s AML regulations focused on cryptocurrency firms that plan to impose hefty penalties for noncompliance
Virtual coaches unite as The Voice enters the metaverse
9.5.2024
The Voice debuts its first metaverse gamified experiences that lets fans coach singers on virtual stages, win NFTs for their predictions for the real-time show, and score exclusive experiences
Hong Kong Cracks Down on Fake Crypto Exchange Allegedly Linked to Elon Musk
8.5.2024
The Hong Kong Securities and Futures Commission (SFC) has warned the public regarding Quantum AI, an entity allegedly engaged in fraudulent activities related to virtual assets and deceiving the public by impersonating Elon Musk.
The post Hong Kong Cracks Down on Fake Crypto Exchange Allegedly...
New South Korean leadership will press for BTC ETF trading
7.5.2024
The Democratic Party of Korea promised to allow Bitcoin exchange-traded funds and it expects to follow through, one way or another
QANplatform launches world’s first quantum-resistant, EVM-compatible testnet
7.5.2024
Quantum computers will be able to crack today’s main cryptographic algorithms employed by the whole internet, including banking applications, email providers, and social media platforms
More than half of the Fortune 100 uses Apple’s Vision Pro headset
4.5.2024
Spatial computing in the industrial metaverse appears to be paying off for the company that Steve Jobs built