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Paradigm’s Samczsun Launches Security Alliance for Crypto Cybercrime Victims
15.2.2024
A popular cybersecurity expert known by the pseudonym Samczsun has created a non-profit entity called Security Alliance (SEAL) for white-hat hackers in the crypto world. Security Alliance is a group of white-hat hackers with the aim of protecting crypto projects from the growing risks of cyber...
KSI Faces Pump-and-Dump Allegations After Reopening Crypto-Focused X Account
15.2.2024
Renowned YouTube personality Olajide Olayinka Williams Olatunji, widely known as “KSI,” has found himself embroiled in controversy once again, facing allegations of cryptocurrency pump and dump schemes after reactivating a crypto-focused account on social media platform X. Does this...
Crypto Money Laundering Dropped Almost 30% in 2023: Chainalysis
15.2.2024
Illicit cryptocurrency transactions fell roughly 30% in 2023, according to Chainalysis’ newly released 2024 Crypto Crime Report. This decrease signals a major shift in crypto money laundering trends. The report also stated that total funds sent between illicit addresses dropped by 14.9%...
Citi Innovates with Avalanche Blockchain to Tokenize Private Equity Funds
15.2.2024
Big four American banking giant Citi has just completed a proof-of-concept (PoC) to tokenize traditional finance (TradFi) assets and distribute them on blockchain. The multinational investment bank and financial services corporation used Avalanche’s Evergreen subnet Spruce “for...
U.S. Treasury Backtracks on Claims of Hamas Using Crypto for Terrorism Financing
15.2.2024
The US Treasury’s Undersecretary for Terrorism and Financial Intelligence, Brian Nelson, confirmed in a testimony before the House Financial Services Committee that the media and Washington lawmakers exaggerated earlier reports of Hamas using crypto to fund terrorist activities....
Telefónica Partners with Chainlink to Enhance Web3 Security Through GSMA Open Gateway
15.2.2024
Spanish Telco company Telefonica has announced a partnership with Chainlink to provide secure connections for web3 smart contracts. In a recent press release, the company highlighted plans focused on GSMA Open Gateway API security with blockchain technology at the forefront. According to...
Asia Still Attractive to Crypto Players, But US Sees Increased Interest Post-ETF Approval + More Crypto News
15.2.2024
Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In today’s crypto news: Asia Still Attractive to Crypto Players, But US Sees Increased Interest Post-ETF Approval Tokenization is Future of Finance, Despite Slump...
Debt Box Urges Utah Federal Judge to Reject SEC’s Motion to Dismiss Enforcement Action
15.2.2024
Debt Box, a software firm entangled in a legal battle with the United States Securities and Exchange Commission (SEC), has launched a countermove against the regulatory body’s attempt to dismiss the case. Filed on February 14, Debt Box’s response characterized the SEC’s motion as a strategic...
Citi, Wellington Management, & WisdomTree explore private market tokenization
15.2.2024
Citi announced that it has successfully conducted the Proof-of-Concept on the tokenization of private funds. The feat has been achieved in association with Wellington Management and WisdomTree, adding that PoC was done on the Avalanche Spruce institutional test subnet.The capabilities of smart...
RockWallet Absorbs Crypto Payments Firm Wyre’s User Base in Post-Shutdown Move
15.2.2024
Following last year’s closure of crypto checkout gateway Wyre, non-custodial wallet RockWallet is stepping in to acquire its user base. The self-managed crypto wallet acquired the entirety of Wyre’s customer base on Thursday, around eight months after the latter’s shutdown in June 2023....
SEC Obtains Investigative Subpoena Against NovaTech Crypto Investment MLM Promoters
15.2.2024
The United States Securities and Exchange Commission (SEC) has announced that it obtained a court order to enforce an investigative subpoena against two NovaTech crypto investment scheme promoters. In a recent press release, the financial regulator disclosed updates in its investigation against...
AltLayer launches SDK for zkSync hyperchain deployment
15.2.2024
AltLayer, a pioneering decentralized platform that allows rollup network building in collaboration with smart contract development giant Matter Labs, has finally been revealed, marking another significant success for the cryptocurrency and blockchain industries. By integrating Matter Labs’...
Prominent Crypto Attorney Contemplates 2024 Senate Run Against Elizabeth Warren
15.2.2024
John Deaton, founder of Crypto Law and a prominent attorney in the SEC vs Ripple lawsuit, is reportedly considering running as a Republican against crypto-critic Senator Elizabeth Warren in the 2024 US Senate elections in Massachusetts. Deaton is taking a “serious look” at the Senate run and will...
Moonwell Introduces ‘USDC Anywhere’ for Cross-Chain Lending and Borrowing
15.2.2024
Moonwell has launched a new feature called “USDC Anywhere,” designed to facilitate the cross-chain lending and borrowing of the USD Coin stablecoin directly across various Ethereum networks. Following the launch on Feb. 14, a Moonwell blog post revealed that USDC Anywhere untilized Circle’s...
South Korean Police Arrest Suspects in Winnerz-linked ‘Scam Coin’ Case
15.2.2024
A suspected scam coin operator was arrested in Gimpo, Gyeonggi Province, South Korea – in a case that appears to be linked to the controversy surrounding the blockchain firm Winnerz. According to YTN, Gimpo police charged an unnamed individual in their 20s with fraud. A second individual (also...
SEC Chair Gensler Warns of Bitcoin’s Role in Ransomware, Advocates for Centralized Money
14.2.2024
United States Securities and Exchange Commission (SEC) Chair Gary Gensler spoke about Bitcoin, stating that it is the leading market share for ransomware attacks. Despite the agency’s approval of 11 Spot Bitcoin ETFs earlier this year, Gensler has continued to express his disapproval of...
Crypto Phishing Group Angel Drainer Reportedly Steals $400,000 From 128 Wallets
14.2.2024
Phishing group Angel Drainer stole over $400,000 from 128 crypto wallets after deploying a malicious vault contract yesterday. According to an X post published on February 13 by blockchain security firm Blockaid, Angel Drainer employed a new attack vector that exploited Etherscan’s...
Uniswap’s Hayden Adams Calls Attention to Scammer Impersonating His ETH Wallet Address
14.2.2024
On February 14, Uniswap founder Hayden Adams warned the cryptocurrency community on social media platform X about a new strategy of crypto thieves who imitate Ethereum wallet addresses to defraud unsuspecting investors. Here’s how this new crypto scam works. Uniswap Founder Issues Warning...
BlackRock’s IBIT Extends Spot Bitcoin ETF Lead With More Than 100,000 BTC Under Management
14.2.2024
Data published on February 13 revealed that BlackRock’s IBIT spot Bitcoin ETF had amassed over 100,000 bitcoins, positioning the firm as a clear leader in the closely contested sector. Here’s everything you need to know. 105,280 BTC Locked In Worth $5.1 Billion According to official...
Maker of Oreo and Cadbury Chocolates Joins Hedera Council to Accelerate Blockchain Adoption
14.2.2024
On February 14 the company behind Oreo and Cadbury Chocolate, Mondelēz International, announced that it’s joining the Hedera Council, the entity that governs the Hedera Network, “a sustainable public ledger for the decentralized economy.” This partnership, along with the 30 other...