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Chinese Embassy Advises Citizens in Angola to Avoid Crypto Mining
22.4.2024
The Chinese Embassy in Angola has cautioned its citizens residing in the African nation to refrain from mining cryptocurrencies, as this activity is now considered a criminal offense. The embassy has also urged its citizens to be vigilant of virtual currency schemes that exploit users’ aspirations...
Bungie Working To Avoid Launch Day Server Woes For Destiny 2: The Final Shape
18.4.2024
If you’ve played an MMO, you’re likely very familiar with the feeling of looking at a queue, waiting for the game to tell you it’s your turn to jump into the action. Multiplayer games have server setups designed to avoid scenarios like this, but high-profile MMO expansions typically draw...
USDe Holders Should Monitor Ethena's Reserve Fund to Avoid Risk, CryptoQuant Warns
18.4.2024
Cryptocurrency data provider CryptoQuant has said that holders of Ethena Labs' USDe stablecoin should monitor the project's reserve fund to avoid risks related to the potential of a negative funding rate
Telegram Founder Says Crypto-Like Communication Devices Could Thwart Government Spying
17.4.2024
Pavel Durov, founder of the encrypted instant messaging app Telegram, believes that growing government surveillance will drive innovation in secure communication, modeled on cryptocurrency hardware wallets. During an interview with Tucker Carlson, Durov expressed concern about government pressure...
Ether Could Avoid Designation as a Security With Centralization Risk Easing, JPMorgan Says
4.4.2024
Staking platform Lido’s share in staked ether has continued to fall, reducing concerns about concentration in the Ethereum network, the report said
GTA 6 Production Reportedly Falling Behind, Rockstar Urges Staff To Return To Office To Avoid Delay
22.3.2024
Grand Theft Auto VI is likely one of the most anticipated games in history, with millions of players around the world waiting for any scrap of info or screenshot of the upcoming open-world crime simulator. However, as remote workers struggle with an unwanted return-to-office mandate from Rockstar...
Binance Urges Prime Brokers to Enhance KYC to Avoid U.S. Investors
19.3.2024
Binance has reportedly urged prime brokers like FalconX and Hidden Road to enhance their client screening processes to prevent U.S. investors from accessing its platform
The post Binance Urges Prime Brokers to Enhance KYC to Avoid U.S. Investors appeared first on Cryptonews
Yuga Labs Accuses Ryder Ripps of Destroying NFT Keys to Evade Court Order
14.3.2024
Bored Ape Yacht Club creators, Yuga Labs, are accusing artist Ryder Ripps of deliberately destroying access to his wallets containing RR/BAYC NFTs to avoid complying with a court order.
The post Yuga Labs Accuses Ryder Ripps of Destroying NFT Keys to Evade Court Order appeared first on Cryptonews
South Korea Preparing Tax System to Avoid Cryptocurrency Tax Evasion
13.3.2024
The National Tax Service in South Korea is preparing to launch a virtual asset tax system to help analyze the information received from cryptocurrency holders to avoid cryptocurrency tax evasion. Local sources reported that the agency had contracted the services of a third-party company to help...
Terraform Labs Pushes Back Against SEC Over Special Counsel Payment
5.3.2024
Crypto firm Terraform Labs has filed a lawsuit against the US Securities and Exchange Commission. The suit addresses the recent objection from the regulator over a $166M retainer paid to special litigation counsel Dentons. The SEC’s argument lies in the fact that the crypto firm’s lavish spending...
Avoid these 5 mistakes when buying cryptocurrency
1.3.2024
Crypto investments can be a lucrative and exciting venture as crypto prices are rising at an exponential rate with the popularity of the crypto market. However, investors must know the mistakes and risks in crypto purchases and trading while navigating the ever-changing digital landscape. In this...
Fed Governor Discusses Crypto’s Impact on US Dollar Dominance — Says Banks Should Avoid Bitcoin ETFs as Primary Asset
18.2.2024
A Federal Reserve governor has addressed crypto’s impact on the U.S. dollar’s dominance. Additionally, he expressed reservations about the need for a U.S. central bank digital currency (CBDC) and stated his opposition to banks holding bitcoin exchange-traded funds (ETFs) as their...
Upcoming Game Delays Release To Avoid 'Busy' February
12.2.2024
The Thaumaturge, an upcoming narrative-focused, turn-based RPG, was planned to launch in just a few days on February 20. However, the game has now been delayed until March as the developers and publishers hope to avoid a “busy” February and give the game more “breathing room.” Read more
Hong Kong Worldcoin Offices Visited Amid Privacy Investigation
1.2.2024
The offices of the Worldcoin project, a biometric scanning and wallet initiative, have been visited by authorities in Hong Kong amidst a broad privacy investigation. The authorities, complying with a court warrant, advised the general audience to protect their sensitive data carefully and avoid...
South Korean Tax Body Seized Crypto Worth $28.4m From ‘Tax Dodgers’ in 2023
24.1.2024
South Korea’s tax body last year confiscated cryptoassets worth $28.4 million from citizens who were trying to avoid paying taxes. Per Newsis, the number of “crypto tax dodgers” has ballooned from 5,741 – a figure reported in late 2022 – to 10,849. The latest figures come from the National...
Shiba Inu (SHIB), Bonk Inu (BONK), Mollars, or Bitcoin (BTC) Could Return Traders $22,000 Profit From $100 Invested Today
20.1.2024
Bitcoin ($BTC) Alternative, Mollars ($MOLLARS), is in its 3rd round of the token presale stage today. Investors are buying into the crypto at a record pace, closing in on 100,000 tokens being sold daily. A store-of-value token that will help traders across the world save money against...
Blackout Fears as Russia’s Dagestan Energy Provider Begs Crypto Miners to Turn off Rigs
18.1.2024
Source: Tatyana Olina/Adobe The state-run power provider in the Russian republic of Dagestan has asked crypto miners to turn off their rigs this winter to avoid power outages and blackouts. In a Telegram post politely addressed to operators of “mining farms,” Dagenergo asked miners...
Crypto Rug Pulls: What Are They & How to Avoid Them
11.1.2024
Crypto rug pulls cause billions of dollars in loses in the global crypto markets
Official X Account of Blockchain Security Firm CertiK Compromised – What’s Going On?
5.1.2024
Source: Pixabay/Werner Moser The X account (formerly Twitter) of blockchain security company CertiK has been compromised with bad actors posting a phishing link to a wallet drainer. On Jan 5, it was revealed that CertiK’s X account was a victim of a phishing attack with several calls from the wider...
Bitcoin (BTC) Faces Downside Threat from Altcoins Like Solana (SOL) & Borroe Finance ($ROE)
3.1.2024
Bitcoin (BTC) will need to hold the psychological price of $40,000 to avoid a bearish momentum, given that the leading cryptocurrency recently retested this level. On the other hand, Borroe Finance ($ROE) and Solana (SOL) continue to experience a significant uptrend despite BTC facing a downside...