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Ciphertrace Report Shows Crypto Crime Moving to Defi


Ciphertrace, a blockchain analytics company, has announced that crypto-related crimes have moved to the realm of decentralized finance (defi) apps and protocols. Now, the impact these hacks and exploits represent is way bigger than the one classic hacks to centralized exchanges and other scams...

US SEC Has Brought 75 Enforcement Actions on Crypto Industry


The U.S. Securities and Exchange Commission (SEC) has brought 75 enforcement actions against companies and individuals in the crypto industry so far, according to a new report by Cornerstone Research. The agency also brought 19 trading suspension orders against digital asset market participants...

Analyst Warns of Broad Correction in the Cryptocurrency Market


Vanda Research has warned of a broad correction in the cryptocurrency market. Ben Onatibia, the firm’s partner and senior strategist, said that the surge in cryptocurrency prices this year is reminiscent of bitcoin’s rally in 2017. A Correction in Crypto Market Appears to Be Brewing...

Digital Yuan Trial Hotspot Not Seeing Wide Acceptance, Claims Report


With digital yuan pilots underway in China, it seems the currency is not meeting government expectations. A recent report highlighted a series of interviews from people in the hotspot, reflecting a lackluster reception among the participants. Privacy Concerns Reported According to Bloomberg...

Richard Branson Found to Be Crypto Scammers’ Favorite Brit Celebrity


Famed entrepreneur Richard Branson is often featured in fake articles sent out by various investment schemes, many of which are related to cryptocurrency, U.K.’s National Cyber Security Centre (NCSC) revealed in a report. The agency, which has blocked over 285,000 such campaigns in only nine...

Report: Next-Gen PlayStation VR Is Sounding Pretty Impressive


Sony’s next-generation virtual reality hardware for PlayStation 5 will include a number of fancy features and even some forward-thinking technologies that are not yet available on popular consumer VR headsets, according to a report on UploadVR. Read more

South Korean Police Officers Banned From Buying Cryptocurrency


A recent ban imposed by the South Korean National Police Agency will bar particular officers from purchasing additional cryptocurrencies. The announcement coincides with a report revealing a heightened domestic availability of digital coins, in comparison to the global marketplace. South Korea...

South Korea to Impose a 20% Tax on Crypto Mining Activities


The cryptocurrency industry in South Korea keeps facing regulatory challenges, and it seems that dust is far from settling. Now, crypto miners will be required to pay taxes, following the same path as digital assets traders. Ruling to Take Place Starting 2022 According to a report published...

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