Key Takeaways: The four suspects were released since law enforcement has essentially decided that the Hotbit platform and the four users did not break the law in the GameFi project situation. According to a recent statement from Hotbit officials, withdrawals…
Key Takeaways: Extradition of a Latvian national to the US for scamming cryptocurrency investors. The Latvian man was sent to the United States, where he is charged with fraud for allegedly defrauding various businesses that offered cryptocurrency investment opportunities. Ivars…
Key Takeaways: GenZ investors and gamers are drawn to the GameFi ecosystem. It shines out as a starting point for many first-time investors as an outcome. 75% of respondents to a Chainplay study of 2428 GameFi investors said they entered…
Key Takeaways: The Monetary Authority of Singapore (MAS), the nation’s central bank, has requested information from a few digital asset companies. The retail customer is being protected by tighter safeguards, according to MAS. Singapore’s regulators will ask several questions about…
Key Takeaways: There have been rumors linking the newly detained Tornado Cash developer to the FSB in Russia. Alexey Pertsev worked for the FSB in the past. The Notorious Lazarus Group in North Korea is accused of using Tornado Cash…
Key Takeaways: Locals operating cryptocurrency exchanges in Herat reportedly shut their businesses down and were detained. In June, the central bank of Afghanistan, run by the Taliban, outlawed foreign exchange trading online. Crypto has been in critical condition in Afghanistan.…
Key Takeaways: Japan’s Financial Services Agency and Ministry of Economy, Trade, and Industry will examine the corporate taxation strategy for crypto assets. The new rules are designed to make compliance with regulations easier for recently established enterprises in the sector.…
Key Takeaways: Former South Korean First Deputy Minister of Economy and Finance Yong-beom Kim has been appointed CEO of Hashed Open Research. Former Vice Minister Kim hopes to increase Korea’s efficiency in the blockchain and digital economy industries through collaboration.…
Key Takeaways: Tether claimed that despite being in touch with law enforcement practically every day, no requests to freeze Tornado Cash addresses had been made. Tether added that law enforcement occasionally requests that they refrain from freezing flagged accounts to…
Key Takeaways: Nine thousand four hundred four illicit cryptocurrency mining machines have been seized since march. According to reports, some of the crypto mining operations in Iran are housed in free-of-charge electricity-supplied buildings like mosques and schools. Since the end…
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