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SEC dismisses claims against John McAfee, fines accomplice for ICO promo
16.7.2022
On October 5, 2020, the SEC alleged that McAfee and Watson promoted ICO investments on Twitter without disclosing that they were paid for them
Celsius Files for Bankruptcy — Regulator Says the Crypto Lender Is ‘Deeply Insolvent’
14.7.2022
Another crypto lender, Celsius Network, has sought bankruptcy protection in the U.S. “Customer claims will be addressed through the Chapter 11 process,” the company said. Two other crypto firms recently filed for bankruptcy protection: Voyager Digital and Three Arrows Capital (3AC)....
Celsius Still in Hotspot Despite Repayments and Is ‘Likely Deeply Insolvent,’ Regulator Claims
13.7.2022
Crypto turmoil (yes, you guessed it) continues – and one of its key protagonists, the troubled crypto lender Celsius (CEL) remains…well...troubled.
Despite recent attempts to pay off its debts in an apparent bid to get its hands on locked-in collateral, in the United States, the Vermont Department...
Looking at the Claims Celsius Operated Like a Ponzi
12.7.2022
A new lawsuit alleges that a major crypto lender was, in fact, a Ponzi scheme. Happy Tuesday folks
Hacker Group Claims Elden Ring Publisher Is Its Latest Victim
11.7.2022
Bandai Namco, the Japanese publisher behind the Ace Combat, Dragon Ball Z, and Dark Souls games, appears to be the latest major gaming company to suffer a major hack. The ransomware group BlackCat added the Elden Ring publisher to its list of victims earlier today, though it’s not yet clear...
Volumes surge 205% in Axie revival as co-founder claims project is 'healing'
11.7.2022
Interest in Axie Infinity appears to be picking up again following the launch of its new NFT land staking feature and ongoing upgrades to the Origin battle game mode
Hacker Selling 1 Billion Chinese Citizens’ Data for 10 BTC, Zuckerberg’s Meta Ends Novi Project, and More — Bitcoin.com News Week in Review
10.7.2022
In this week’s bite-sized digest of the hottest stories from Bitcoin.com News, a hacker claims to have stolen a massive amount of Chinese citizens’ personal data from Shanghai police, and now wants to sell it for ten bitcoins. Also, Mark Zuckerberg’s Meta has ditched the Novi...
US Regulator Probes Bankrupt Crypto Lender Voyager Over Claims of FDIC Insurance
9.7.2022
The Federal Deposit Insurance Corporation (FDIC) is probing crypto lender Voyager Digital over claims that it is FDIC-insured. The crypto firm previously explained that through its strategic relationships with Metropolitan Commercial Bank, “all customers’ USD held with Voyager is FDIC...
New Lawsuit Claims Solana Is Unregistered Security — ‘Investors Have Suffered Enormous Losses’
9.7.2022
A class-action lawsuit has been filed claiming that cryptocurrency solana (SOL) is an unregistered security under the Howey test. “The specific facts and circumstances relating to SOL securities support the conclusion that SOL is a security under the Howey test,” the plaintiff argued....
Report: Nigerian Fintech Giant Flutterwave Accused of Laundering Money, More Than 50 Bank Accounts Frozen
8.7.2022
A Kenyan agency charged with tracing and freezing proceeds of crime said it recently obtained an order giving it the authority to freeze bank accounts belonging to Nigerian fintech Flutterwave. The agency alleges that Flutterwave is not providing merchant services as per claims, but is instead...
Class action lawsuit claims Solana's SOL is an unregistered security
8.7.2022
Plaintiffs claim that Solana’s SOL token is a centralized security with insiders profiting immensely while retail traders got rekt
FDIC Probing Voyager Claims It Was Insured by Regulator: Report
7.7.2022
The Wall Street Journal reported Thursday that the FDIC was taking a look at marketing by crypto broker Voyager that it was protected by FDIC insurance
Leaked Personal Data of 1 Billion Chinese Citizens on Sale for 10 Bitcoins — Hacker Claims Stolen From Shanghai Police
6.7.2022
A hacker claims to have stolen the personal data of a billion Chinese citizens from the Shanghai National Police (SHGA) and is selling it for 10 bitcoins. “This database contains many TB of data and information on billions of Chinese citizens.” 23 Terabytes of Data on a Billion...
Metal Gear Speedrunner Reveals He Faked ‘Live’ World Record, Claims It’s A ‘Puzzle’
5.7.2022
In a week filled with fantastic live speedruns at Summer Games Done Quick 2022, a one-hour playthrough of Metal Gear Rising: Revengeance still turned heads. Even more remarkable was the encore, unlocked through community donations: a frantic race through the game’s Blade Wolf DLC campaign which...
Peter Schiff’s Euro Pacific Bank Suspended by Puerto Rico’s Regulator — Schiff Insists No Evidence of Crime
5.7.2022
Peter Schiff-owned Euro Pacific Bank has been suspended by Puerto Rico’s financial regulator. Schiff claims that there’s “no evidence of crimes,” warning that “accounts are frozen and customers may lose money.” Puerto Rico’s Regulator Suspends Peter...
Mad Money’s Jim Cramer Says Crypto Immolation Shows the Fed’s Job to Tame Inflation Is Almost Complete
4.7.2022
The host of Mad Money, Jim Cramer, claims that “With the immolation of crypto, the Fed’s job is almost complete.” He stressed that “one front in the war on inflation that’s been an outstanding total victory for the Fed” is the battle against financial...
Report: Huobi to Start Layoffs That Could ‘Exceed 30%’ — Founder May Sell Stake in Company
3.7.2022
According to the Chinese journalist Colin Wu, otherwise known as “Wu Blockchain,” the cryptocurrency company Huobi may lay off 30% of the firm’s staff due to “a sharp drop in revenue.” Furthermore, the reporter claims that Huobi’s co-founder Leon Li...
Report Claims Samsung Is Producing 3nm ASIC Chips — Speculators Assume First Customer Is a Bitcoin Mining Rig Manufacturer
30.6.2022
The electronics giant and largest corporation in South Korea, Samsung, is in the midst of creating 3-nanometer (3nm) semiconductors for a Chinese application-specific IC firm, sources have said. The new chip design has caused speculation among the crypto community that it’s possible Samsung...
China Blockchain Alliance Executives: Virtual Currency the ‘Largest Ponzi Scheme in Human History’
29.6.2022
The chairman of China’s Blockchain Service Network (BSN) Development Alliance Shan Zhiguang, and his colleague, insisted in a recently published op-ed that virtual currency is “undoubtedly the largest Ponzi scheme in human history.” However, they have said the “value...
Roger Ver denies CoinFLEX CEO's claims he owes firm $47M USDC
29.6.2022
Not mentioning CoinFLEX by name, Roger Ver said he had not “defaulted on a debt to a counter-party,” and alleged the platform owed him “a substantial sum of money.”