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The Collision of AI and Crypto Attracts Scammers – What’s Going On?


Source: Adobe / ZayNyi As the crypto industry continues to evolve, a new wave of scams is emerging, blending the hype of artificial intelligence (AI) with crypto, Kathleen Breitman, co-founder of the Tezos blockchain, has warned. Writing in a commentary piece for Fortune on Sunday, warned of...

Crypto Scam-Kit Inferno Drainer Shuts Down Operations


Source: AdobeStock / Tomasz Bidermann Digital asset wallet-draining platform, Inferno Drainer has closed shop after helping bad actors drain millions from several cryptocurrency platforms. In a recent Telegram post, the firm announced an end to its operations citing a need to move on after helping...

HTX resumes withdrawal services via ERC20 Blockchain


HTX has announced that it has resumed withdrawal services; however, it is restricted to selecting cryptocurrencies, including, but not limited to, LINA, HOT, FTT, MASK, and NEXO. More tokens will eventually get support for the same functionality, and HTX has said that it will make those...

Blockchain Life 2023: Shaping trends for the upcoming bull run


The 11th edition of the Blockchain Life Forum, widely recognized as the premier meeting point for global cryptocurrency leaders, concluded with a gathering of over 7000 attendees from 120 countries. Blockchain Life has become the center of crypto activities, as well as one of the largest and most...

HTX Resumes Bitcoin and Ether Services After $30 Million Hack


Source: HTX Digital asset exchange HTX has resumed deposits and withdrawal services for major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), and others after it was drained for $30 million. In an announcement on Nov 26, the exchange said services have been restored for certain virtual...

Japanese Tax Agency Investigates Hundreds of Crypto Tax Violations


Source: umaruchan4678/Adobe The Japanese National Tax Agency (NTA) has revealed it has recently investigated hundreds of crypto tax violations. The NTA released its annual report on tax investigations ahead of the weekend, including a section on crypto taxation. The data in the report, and also...

CFTC Says Access To US Customers Is a “Privilege” In Wake of Binance Case


Source: Pixabay The US Commodity Futures Trading Commission is showing no signs of letting up in its battle against crypto firms. In a statement published on Tuesday regarding the resolution of the Binance case, CFTC Commissioner Christy Goldsmith Romero declared, “There are no pirate ships in...

CZ’s Lawyers Push Back Against Flight Risk Claims, File Opposing Motion


Defense attorneys for former Binance CEO, Changpeng Zhao, have legally pushed back against claims made by the government that he is a “flight risk” who should not be allowed to leave the country.  Zhao’s incentive to stay In a court filing from November 23rd, representatives for...

Nansen Users Swamped With Phishing Emails After Data Leak


Source: Pixabay Several users of the crypto analytics platform Nansen have reported receiving phishing emails from scammers after a data breach related to one of the firm’s third-party vendors. On Thursday, crypto investigator Officer’s Notes posted on X to warn Nansen users of the scam. “Users...

Tether and Bitfinex Drop Opposition to FOIL Request


Stablecoin issuer, Tether, and cryptocurrency exchange, Bitfinex, have decided to drop their opposition to a Freedom of Information Law (FOIL) request made earlier this year by various news outlets. “We have nothing to hide” “Our decision is rooted in our unwavering commitment to transparency...

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