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Paypal Rolls Out Crypto Features for Business Accounts


Paypal has unveiled a new feature allowing U.S. merchants to buy, hold, and sell cryptocurrency from their business accounts. Although not yet available in New York, this move caters to increasing demand from businesses. Paypal has steadily ramped up its involvement in digital currencies, including...

Court Sentences Missouri Man to 3 Years in Prison for Crypto and Tax Fraud


Missouri resident Lyell Champagne Jr. has been sentenced to three years in federal prison for fraud and tax offenses involving cryptocurrency. He and his accomplice attempted to steal funds by accessing victims’ bank accounts and filing false tax returns. Law enforcement recovered most of...

Nigerian Agency Gets Nod to Freeze $330,000 in Crypto Users’ Bank Accounts


A Nigerian anti-corruption agency froze bank accounts (over $330,000) belonging to suspected cryptocurrency users on global platforms like Kucoin and Bybit. The agency believes these users manipulated the Nigerian currency (naira) through their trading activity. The exchanges are also accused...

Singapore’s Parliament Addresses Worldcoin Account Misuse and Privacy Risks


Singapore’s Deputy Prime Minister Gan Kim Yong addressed concerns in Parliament regarding the risks of Worldcoin’s operations in Singapore, including potential money laundering through the sale of accounts. He emphasized that although Worldcoin does not perform a payment service under...

Sony Removes Failed Hero Shooter Concord From Everyone's PS5 Accounts


Concord’s servers officially went offline last Friday on September 6. The always-online hero shooter, which launched on August 23, became unplayable at that point, but Sony didn’t stop there. The company has since taken the unprecedented step of also removing the game entirely from players’...

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