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A Swiss investor says crypto exchange KuCoin has failed to pay a Seychelles Supreme Court judgment of more than $2 million awarded…
Key Takeaways: Cryptocurrency scams have taken a new turn in 2024, with criminals rapidly evolving their methods to maximize profits and avoid detection. According to Chainalysis’ 2024 Crypto Crime Mid-year Update Part 2, scammers are moving away from long-term schemes…
Key takeaways: The Toncoin (TON) blockchain, closely associated with the popular messaging platform Telegram, experienced its second major network disruption on August 28th, leaving users concerned about the reliability of the network. The incident, which halted block production for over…
Key Takeaways: The Hong Kong Monetary Authority (HKMA) has taken a major leap forward in the financial sector with the launch of Project Ensemble Sandbox. This initiative marks a significant stride in the practical application of tokenization, aiming to build…
Key Takeaways: CoinSwitch, a leading cryptocurrency exchange aggregator, is pursuing legal action against rival platform WazirX after failing to recover funds trapped on the exchange following a significant cyberattack. The incident, which occurred in July, saw WazirX lose approximately $230…
Key Takeaways: In a significant development for the NFT industry, OpenSea, the world’s leading Non-Fungible Token (NFT) trading platform, has received a Wells Notice from the United States Securities and Exchange Commission (SEC). This notice signals that the SEC is…
Key Takeaways: In a recent controversy, Binance has come under fire for allegedly freezing the assets of Palestinian users following a request from the Israel Defense Forces (IDF). The accusations stem from a document reportedly issued by the Israeli government,…
Key Takeaways : In a significant move for Hong Kong’s evolving cryptocurrency landscape, HashKey Exchange, one of the region’s fully regulated platforms, has received approval to list Avalanche (AVAX) and Chainlink (LINK) for retail investors. This development is poised to…
Key Takeaways: As Russia faces mounting economic pressure from Western sanctions, the nation is turning to cryptocurrencies as a key alternative for international payments. Starting September 1, Russia will officially begin using digital currencies to facilitate global transactions, marking a…
Key Takeaways: In a move set to redefine cryptocurrency investment strategies, Nasdaq, in partnership with CF Benchmarks, has submitted a filing to the Securities and Exchange Commission (SEC) for the introduction of Nasdaq Bitcoin Index Options (XBTX). The proposed Nasdaq…
Key Takeaways: Recent data from the Australian Cyber Security Centre (ACSC) reveals a staggering AUD 382 million (approximately $269 million) was lost to investment scams in the 2023-24 financial year. Notably, 47% of these losses were attributed to cryptocurrency scams,…
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