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House Financial Services Subcommittee on Digital Assets Tackles Hamas’ Illicit Cryptocurrency
15.11.2023
The House Financial Services Subcommittee on Digital Assets, Financial Technology & Inclusion convened the afternoon of Wednesday, November 15th, to discuss illicit activity in regards to cryptocurrency. Bad actors “We know that bad actors prey on vulnerabilities wherever they can find them,”...
XRP spike on hoax filing a ‘bad look’ but won’t sway SEC’s ETF approvals
15.11.2023
Bloomberg ETF analyst Eric Balchunas doubts the SEC will deny ETFs after XRP’s price spiked on a faked BlackRock XRP trust filing, but it is a “bad look.”
PlayStation Exclusive Rollerdrome Hits Xbox Game Pass This Month
14.11.2023
After dropping a handful of stellar games earlier this month, Microsoft is filling out the weeks surrounding the Thanksgiving holiday with more games you can download if you’re subscribed to Xbox Game Pass, including a former PlayStation exclusive.Read more
US Lawmaker: Crypto Is Not the Problem, Bad Actors That Exist in Every Industry Are
12.11.2023
U.S. Senator Cynthia Lummis has defended crypto against claims that the asset class is heavily used in illicit finance. Emphasizing that “Crypto is not the problem, bad actors that exist in every industry are,” the lawmaker pointed out that crypto accounts for less than 1% of...
UK’s National Crime Agency Seeks to Set Up Specialized Team to Combat Cryptocurrency Scams and Fraud
2.11.2023
The United Kingdom’s National Crime Agency (NCA) is taking a proactive stance against the rising threat of cryptocurrency scams and fraud. In response to the increasing attempts by bad actors to deceive crypto investors, the NCA has announced plans to establish a specialized cryptocurrency...
Do Kwon’s Unreasonable Operations Led to Terraform Collapse: Co-founder Shin Denies Involvement
31.10.2023
The co-founder of Terraform Labs Daniel Shin has denied involvement in the collapse of the Terra Network pointing fingers at former CEO Do Kwon. Following his trial, reports have made rounds from local news media showing that Shin blames the bad policies of Do Kwon as he was not part of the company...
US Deputy Treasury Secretary Implies Some Crypto Firms Refuse to Stop Illegal Fund Movements
27.10.2023
The US government is increasing its efforts to combat cryptocurrency criminal funding, especially in response to terrorist attacks in Israel. The world’s largest economy has expressed concerns that some crypto firms are not doing enough to prevent illegal funds flowing to bad actors. Speaking...
Sam Bankman-Fried’s Terrible, Horrible, No Good, Very Bad Day
27.10.2023
Sam Bankman-Fried began his testimony like the brilliant former golden boy from crypto’s better days. He ended the longest, strangest, most torturous day yet of his criminal trial more imperiled than ever before
Rug Pulls Account For Majority of Scams as Q3 2023 Exploits Wipe Out $720 Million
25.10.2023
The impact of digital asset scams has been a major talking point around policies, regulations, and developer’s direction this year with millions lost across chains to bad actors. A new report by blockchain security firm Hacken shows a quarter-to-quarter increase in hacks and money drained...
Report: Awful King Kong Game Was Made In A Year By Overworked Devs
20.10.2023
Skull Island: Rise of Kong was released earlier this week and was quickly derided as one of the worst games of 2023. What happened? Well, a new report claims it was made by a small team of developers on a tight budget in just one year, putting the studio in a situation where making something good...
I Am Embarrassingly Bad At The New York Times’ Connections Puzzle
19.10.2023
As a young girl, I would spend hours sitting around the kitchen table watching my mom and Yia-Yia complete the New York Times crossword puzzle in pen, sipping too-strong coffee while they argued over potential answers and begrudgingly grabbed the Wite-Out to fix a rare mistake. They didn’t let...
New King Kong Game Is Very, Very Bad
17.10.2023
Hey, good news! It’s been a long time, but we finally got a new King Kong video game. Bad news, Skull Island: Rise of Kong appears an ugly mess of a thing and it might be the worst game of 2023. Yes, even worse than Gollum. Read more
When Bankruptcy Regulates Crypto: The Good, the Bad, and the (Really) Ugly
17.10.2023
In the absence of specific policy, U.S. regulation of crypto has devolved to judges in bankruptcy proceedings, say Yesha Yadav and Bob Stark
Peter Schiff Anticipates No Further Interest Rate Hikes Amid Middle East War — Warns ‘Crisis Is Assured’
12.10.2023
Economist Peter Schiff compared the attack on Israel to 9/11, calling it “the beginning of a bad situation.” He highlighted several factors that will weaken the U.S. economy, which he described as “already structurally weak.” The economist stressed: “The U.S. can’t even...
Cybercriminals Use Dexs and Crypto Cross-Chain Services to Launder $7 Billion — Elliptic
10.10.2023
According to the findings of a research study by Elliptic, cybercriminals are believed to have used crypto cross-chain bridges and coin swap services to launder $7 billion worth of “illicit or high-risk funds.” The Lazarus Group, a cybercriminal organization said to be backed by North...
Estonia-Licensed Crypto Firms Blamed for €1 Billion in Damages
10.10.2023
Bad actors exploited Estonia’s once liberal licensing regime for crypto companies to defraud investors and commit other crimes, an investigative report claims. The authors say they discovered dozens of such cases, including scams and schemes for sanctions evasion and money laundering. Since Tallinn...
JPMorgan CEO Warns of 2 ‘Extraordinary’ Storm Clouds Hitting US Economy With Potential ‘Bad Outcomes’
6.10.2023
JPMorgan Chase CEO Jamie Dimon has warned of two “extraordinary” things happening today that may have “bad outcomes” for the U.S. economy. Moreover, the executive has urged investors and businesses to be prepared for higher interest rates. “I don’t think inflation will keep...
Investors Fear Volatility and Risk, Particularly With Crypto. Here’s Why They Shouldn’t.
4.10.2023
Erik Anderson of Global X explains how volatility – something many investors are scared of – can be a very good thing in crypto
Elon Musk's Diablo IV Play Isn't Bad But His Twitter Livestream Sure Was
3.10.2023
Elon Musk followed up on a September proclamation that he’d test out video game livestreaming on X (Twitter), with a run through Diablo IV’s most difficult Tier 100 Nightmare dungeon. The October 2 stream was an unprecedented success, in the sense that it happened with—as far as I can tell—zero...
Lambo Livestream Goes Wrong for Bitboy, Kiyosaki Says Buy BTC, Lawmakers Push ETF Approval — Week in Review
1.10.2023
A livestream in which Ben “Bitboy” Armstrong is hunting down his allegedly stolen Lamborghini ends up with the crypto influencer arrested. In other news this week, Rich Dad Poor Dad author Robert Kiyosaki says to purchase bitcoin before markets crash, and U.S. lawmakers push SEC Chair...