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Crypto Startup Arkham Faces Backlash for Doxxing Users and Privacy Breach
11.7.2023
Blockchain analysis platform Arkham has found itself in hot water after it was revealed that the company had leaked its own customers' private information.
The issue stems from Arkham's weblink referral program, where users can invite others onto the platform by sharing their unique referral...
BNB & XRP drop hand in hand – New crypto gems take over their market dominance
11.7.2023
While many crypto projects are taking on the markets and surging high, many go hand in hand, like BNB and XRP. These tokens are dipping in monthly charts, close to breaking out of their relative support zones. Fortunately, a new coin is coming on the market soon, which may take the lead from...
Driving liquidity and efficiency: The essential role of crypto market makers
11.7.2023
Exploring the vital role of crypto market makers in driving liquidity and stability in the digital asset markets
Crypto and Stablecoins Are Not Money, Says Bank of England Governor in Favor of 'Enhanced Digital Money'
11.7.2023
Andrew Bailey, Governor of the Bank of England (BoE), has reiterated his stance against cryptocurrencies, during his recent speech at the Mansion House in London.
Bailey, who has previously voiced his concerns about the speculative nature of digital currencies, said Monday that Bitcoins have...
Unidef Launches Revolutionary Initiative to Assist Crypto Community Affected by Centralized Platforms Misconduct
11.7.2023
PRESS RELEASE. Dubai, UAE — Jul 11, 2023 – In an unprecedented move, Unidef (unidef.org), a global organization advocating for decentralized empowerment, has taken an extraordinary step to safeguard the crypto community that has been negatively affected by the recent contentious financial...
Crypto Phishing Attack: Gutter Cat Gang Twitter Account Compromised, NFTs Worth $750K Stolen
11.7.2023
The crypto industry has seen yet another hacking attack that resulted in a theft of a massive amount of money.
The hacker or hackers targeted the official Twitter account of Gutter Cat Gang — a popular NFT collection on the Ethereum network.
The hack of the account belonging to the project’s...
Crypto Sleuth Claims YouTuber 'Blue' Used NFT Drainer Tech to Carry Out $1.5 Million Scam
11.7.2023
Crypto sleuth ZachXBT has alleged YouTuber known as Blue or Jack used NFT drainer tech Monkey and other similar services to steal $1.5 million.
ZachXBT’s investigation revealed that the YouTuber was involved in multiple crypto scams and stole millions of dollars.
Before turning to crypto scams...
Dubai Regulator Suspends Crypto Exchange BitOasis' Conditional License
11.7.2023
BitOasis said it's working closely with the Virtual Assets Regulatory Authority to fulfil the conditions
Standard Chartered Raises Bitcoin Price Forecast — Now Expects BTC to Reach $50,000 This Year, $120,000 Next Year
11.7.2023
Banking giant Standard Chartered has updated its bitcoin price forecast. The bank’s head of crypto research now expects bitcoin to reach $50,000 this year and $120,000 the following year. “Increased miner profitability per bitcoin mined means they can sell less while maintaining cash...
BTC2.0 Surges 7,000% as the Meme Token Goes Viral But Crypto Whales are Stacking This Lesser Known Coin Instead – Here's Why
11.7.2023
BTC2.0 has surged by a massive 7,000% in the past 24 hours, with the new meme token reaching $0.1478 as it becomes viral and attracts exchange listings.
BTC2.0 is the latest in a long – and seemingly endless – line of new meme tokens that have emerged this year to promise gains during the ongoing...
Stepn Creator Plans to Give Away $430,000+ in Crypto to Generate Buzz for New Video Game
11.7.2023
Find Satoshi Lab, the team behind the blockchain-powered fitness app STEPN, has revealed its first Web3 video game called 'Gas Hero' and said it would give away some $431,400 in a contest promoting it.
Per Find Satoshi Lab, this is a Web3 social game that will invite users to collect Gas Hero...
Dubai Virtual Assets Regulator Imposes Enforcement Action Against Crypto Exchange BitOasis
11.7.2023
Dubai-based cryptocurrency exchange BitOasis, which received a minimum viable product (MVP) operational license from the UAE’s crypto regulator in April, is now facing enforcement actions from the authority.
Dubai’s Virtual Assets Regulatory Authority (VARA) issued a market alert on July...
Crypto Can’t Be Used as Money Due to ‘Inherent Flaws,’ BIS Tells G20
11.7.2023
Central bankers, wary of displacing their own fiat currencies, pointed to the past year's prominent hacks and collapses
Report: The crypto custody market reached $448 billion in 2022
11.7.2023
Researchers cite a rise of interest in crypto staking, made possible by the Ethereum Merge and the appearance of non-fungible tokens (NFTs) as the major developments for custody market
UK Regulator Ramped Up Campaign Against Crypto ATMs in May and June
11.7.2023
The financial watchdog conducted inspections in conjunction with the South West Regional Organized Crime Unit and the police forces of Greater London, Bedfordshire and Hertfordshire
UK FCA shuts down 26 crypto ATMs following coordinated investigation
11.7.2023
The FCA — along with other law enforcement agencies — investigated 36 crypto ATM locations using powers under the Money Laundering Regulations 2017
Shiba Memu presale announced: How this new crypto mixes AI, utility, and fun!
11.7.2023
The meme coin sector enjoyed a massive surge in popularity in 2023, with the Pepe meme coin going viral and others diversifying their ecosystems to deliver utility and real-world applications. A new coin, Shiba Memu, is looking to ride the current hype among crypto fans for meme coins and...
South Korean Pop Star Says He Lost ‘$77,000’ on Crypto Investment
11.7.2023
Seo Chul-goo (aka Xitsuh), a South Korean pop star, rapper, and TV personality, says he “lost” up to $77,000 on bad crypto investments.
The star and his fiancee Lee Young-joo appeared on the E Channel TV talk show “Love of a Lifetime” (literal translation), where he discussed his precarious...
SEC is ‘wrongfully attempting’ to police crypto markets: Paradigm counsel
11.7.2023
Rodrigo Seira has blasted the SEC for overstepping its jurisdiction in its case against crypto exchange Bittrex
Former Paxful CEO Ray Youssef Urges Platform Users to ‘Cease Trading’
11.7.2023
On July 7, Ray Youssef, the former CEO of Paxful, told users of the peer-to-peer crypto marketplace to stop trading on the platform. Youssef claimed that Paxful is now “just paying legal bills” and that “no African or any non-American should trust any IS corporation.”...