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Mastercard launches new crypto fraud protection tool
4.10.2022
Mastercard’s new product allows banks to find and prevent fraud on crypto merchant platforms within its network
US State Issues Order Freezing Crypto at Exchanges in Pig Butchering Scam Crackdown
1.10.2022
The Delaware Department of Justice’s Investor Protection Unit has issued a cease and desist order against 23 entities and individuals involved in a popular cryptocurrency scam known as “pig butchering.” The order also freezes the accounts allegedly holding cryptocurrencies...
Bittrex, Merkle Science, Bitgo Join Crypto Market Integrity Coalition
30.9.2022
Following the introduction of the Crypto Market Integrity Coalition (CMIC) with 17 member firms last February, the organization has added eight new members. New coalition recruits include Bittrex, Merkle Science, Crystal Blockchain and Bitgo. 8 Crypto Market Firms Join Crypto Market Integrity...
Nexo ‘surprised’ by state regulators' actions, says co-founder
29.9.2022
Kalin Metodiev emphasized that Nexo has been navigating through conversations with regulators for the past couple of years to ensure compliance, and was surprised that this news was “thrown out there in public.”
California Launches Crackdown on 11 Crypto Firms Accused of Operating Ponzi Schemes
28.9.2022
The California Department of Financial Protection and Innovation (DFPI) has cracked down on 11 cryptocurrency companies that are accused of violating California securities laws. Nine of the firms reportedly solicited funds from investors in order to trade cryptocurrencies on the customer’s...
The Best Investment Strategies for Maintaining Purchasing Power During a Bear Market
27.9.2022
Whether you’re a long-term investor or simply trying to stay ahead of the curve in this economy, you need to be aware of inflation and how to protect yourself from it. Throughout this article, we’ll outline some of the best investment strategies for beating inflation and making money...
Bitcoin Miner Marathon Digital’s Shares Downgraded After Compute North Files for Bankruptcy Protection
23.9.2022
Bitcoin mining firm Compute North filed for Chapter 11 bankruptcy protection in Texas on Thursday as the crypto winter continues to put pressure on crypto mining operations. The bankruptcy petition filed on September 22, indicates the company looks to stabilize operations in order to repay...
Crypto Mining Data Center Provider Compute North Files for Bankruptcy Protection
22.9.2022
The company earlier this year raised $385 million in fresh capital
Staking ETH is the Best Protection Against Inflation, if You Are a Validator
20.9.2022
Read More: Staking ETH is the Best Protection Against Inflation, if You Are a Validator
A16z Leads $51.5M Round for Web3 Fraud Protection Startup Sardine
20.9.2022
Sardine's customers include FTX and Blockchain.com
CFTC Prepares to Step up Oversight of Crypto Market — Says Many Digital Assets Are Commodities
19.9.2022
The Commodity Futures Trading Commission (CFTC) has shared with Congress its plans to regulate the crypto market with “full oversight capabilities” if the proposed Digital Commodities Consumer Protection Act becomes law. The regulator claims to have the right experience and expertise...
White House Releases ‘First-Ever’ Framework for Digital Asset Development — Crypto Industry Leader Says Recommendations Are Unclear
17.9.2022
The White House has now released what it called its “first-ever” comprehensive framework for the responsible development of digital assets just over six months after U.S. President Joe Biden signed an executive order on the same matter. However, one crypto industry leader has lamented...
Thai SEC Proposes Banning Crypto Businesses From Staking and Lending Activities
17.9.2022
The Thai Securities and Exchange Commission (SEC) has proposed banning businesses from engaging in crypto staking and lending activities. The regulator is seeking public comments on the proposal, noting that the purpose of this prohibition is “to provide greater protection to investors...
Abu Dhabi Global Market Financial Regulator Unveils Virtual Asset Regulation ‘Guiding Principles’
14.9.2022
Abu Dhabi Global Market’s financial regulator, the Financial Services Regulatory Authority (FSRA), recently unveiled six principles that will guide its “approach to virtual asset regulation and supervision.” Though not legally binding, the principles, according to the FSRA...
Bankrupt Crypto Lender Celsius Seeks to Reopen Withdrawals for Specific Customers
2.9.2022
Celsius Network Ltd., the crypto lender that filed for Chapter 11 bankruptcy protection on July 13, is looking to release roughly $50 million worth of crypto assets to Celsius custody account holders. Reportedly, the Celsius custody accounts did not participate in the earn and borrow program....
US Congressman Wants Consumer-Protection Answers From Agencies, Crypto Firms
30.8.2022
FTX, Binance.US, Coinbase and others are on the hot seat to answer consumer-protection questions from House subcommittee chair Rep. Raja Krishnamoorthi (D-Ill.)
Hodlnaut now placed under creditor protection after freezing withdrawals
30.8.2022
Hodlnaut froze withdrawals and all other services on its platform on Aug. 8, citing a liquidity crisis and turbulent market conditions
Why Crypto Should Support the American Data Privacy and Protection Act
29.8.2022
A code-first approach to consumer privacy could be bolstered by legislative initiatives
Dubai Regulator Announces Virtual Assets Marketing and Advertising Guidelines
29.8.2022
The Dubai virtual assets regulator, the Virtual Asset Regulatory Authority (VARA), has unveiled digital assets marketing and promotion guidelines that are applicable to any entity using Dubai-based media sites and publishing channels. The guidelines will “ensure factual accuracy, explicitly...
Philippine Regulator Warns the Public of Engaging With Foreign Crypto Service Providers
19.8.2022
The central bank of the Philippines, the primary regulator of the country’s crypto sector, has warned investors about engaging with unregistered and foreign crypto service providers. They “may present additional challenges on enforcing legal recourse and consumer protection...