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SEC Charges Coin Club Founders for $295 Million Ponzi Scheme


The US Securities and Exchange Commission (SEC) has filed charges against the founder and three promoters of Trade Coin Club, arguing that they duped investors into sinking money in a fraudulent crypto trading bot.... Read More: SEC Charges Coin Club Founders for $295 Million Ponzi Scheme

Microsoft Backs Wemade’s Blockchain Push in $46 Million Investment Round


Software giant Microsoft has made a $14.8 million investment in Wemade, a Korea-based blockchain gaming services company that has recently launched its own stablecoin, named Wemix. The company was part of a $46 million investment round, that also saw the participation of two more companies: Shinhan...

Santander Bank Limits Cryptocurrency Exchange Transactions – Find Out Why


Santander UK, the UK unit of banking giant Banco Santander, has placed restrictions on crypto transactions for its customers, including a £1,000 limit on individual transactions with crypto exchanges and a £3,000 limit on total monthly transactions. In a note to customers on Thursday, the bank...

Mapping out SevenX Ventures Investment Portfolio


SevenX Ventures, a crypto investment fund focused on early-stage blockchain projects in Asia, has built over 80 public investment portfolios. The three co-founders, industry veterans, have built portfolios in DeFi, NFT, GameFi, and beyond. Since its launch in 2020, SevenX Ventures has advocated...

JPMorgan, DBS Bank, SBI Complete Live Defi Trades on Public Blockchain


JPMorgan, DBS Bank, and SBI Digital Asset Holdings have completed their first lives trades on a public blockchain using decentralized finance (defi), tokenized deposits, and verifiable credentials under the supervision of the Monetary Authority of Singapore (MAS). Singapore’s central bank...

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