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Korean Crypto Exchanges Block Romance Scammers’ Access to Digital Assets Worth Over $82 Million
31.1.2024
South Korean cryptocurrency exchanges have successfully stopped romance scams and voice phishing criminals from siphoning digital assets worth over $82.6 million in the past year. The exchanges attribute their success in blocking criminals to abnormal transaction detection systems, which assist...
Adam Back States ‘You Can’t Stop JPEGs on Bitcoin,’ Proposes Block Size Increase to Host Inscriptions
18.12.2023
Adam Back, CEO of Blockstream and legendary cryptographer, has acknowledged that inscriptions, media embedded directly on top of Bitcoin, cannot be stopped, stating that any action focused on this will only prompt users to do it in “worse ways.” Instead, Back proposed adding a new blob...
Reasons why Elon Musk has stopped tweeting about Dogecoin
23.10.2023
Elon Musk, the CEO of SpaceX, has supported investing in Dogecoin by constantly tweeting about the coin on his feed posts. For a while, he even changed his profile photo on Twitter to Shiba Inu, which is the symbol of Dogecoin (DOGE). It made DOGE’s price shoot up 30%. As he mentioned, investors...
Report: Africa-Focused Crypto Trading App Shut Down — Co-Founder Says Only Nigerian Users Affected
22.10.2023
The Africa-focused crypto trading app Vibra has reportedly stopped working in Ghana, Kenya, and Nigeria. Reports that the app is not working in the three countries contradict the co-founder’s claim that only users from Nigeria are affected. Resign or Get Fired An Africa-focused crypto trading...
Bankman-Fried Stopped Former Alameda CEO from Quitting, Star Witness Testimony Concludes
13.10.2023
Former Alameda Research CEO, Caroline Ellison, wrapped up three days of compelling testimony against former FTX founder Sam Bankman-Fried Thursday afternoon in Manhattan federal court....
Read More: Bankman-Fried Stopped Former Alameda CEO from Quitting, Star Witness Testimony Concludes
WPAY: Revolutionizing P2P Payments Through Cryptographic Proof
14.8.2023
PRESS RELEASE. The global financial system has undergone multiple changes throughout its lifetime. First, with the introduction of the gold standard, then with advancements in banking communications, digitized international trade and investment, and remittances. All of these inventions have made...
Investors Have Stopped Shorting Bitcoin for First Time in 3 Months: CoinShares Report
8.8.2023
According to the latest Coinshares Fund Report, outflows into short Bitcoin (BTC) products have ceased for the first time in fourteen weeks.
This notable shift in the market suggests that significant digital asset funds are now adopting a different strategy towards the leading cryptocurrency...
Former SEC Advisor: Gensler's Crypto Crackdown Could be Stopped by Legal Doctrine
20.6.2023
The crypto industry crackdown spearheaded by the U.S. Securities and Exchange Commission (SEC) could be put to rest by a decades-old legal doctrine, according to one of the regulator’s previous advisors. ...
Read More: Former SEC Advisor: Gensler's Crypto Crackdown Could be Stopped by Legal Doctrine
Arbitrum Temporarily Stopped Processing Due to Software Bug
8.6.2023
Texas Bill That Would Limit Miners' Participation in Cost-Saving Grid Programs Stopped in House Committee
30.5.2023
The legislation would have capped the industry's participation in demand response programs
Ethereum Briefly Stopped Finalizing Transactions. What Happened?
17.5.2023
The loss in finality meant that blocks could have been tampered with, and while it isn’t supposed to affect end-user experiences, it did lead to some inconveniences for some applications
Ethereum Patch Set to Fix Transaction Finality Challenges After Second Bout Disrupts Network
13.5.2023
On Friday, Ethereum’s Beacon chain encountered yet another bout of transaction finality challenges, reminiscent of the glitch experienced on May 11, 2023. For over an hour, the blockchain stopped the process of finalizing blocks. However, Superphiz, an Ethereum developer, emphasized that...
Push to Use National Currencies in SCO Cannot Be Stopped, Russia’s Lavrov Says
6.5.2023
Efforts to transition to trade in national currencies in the Shanghai Cooperation Organization (SCO) can no longer be stopped, according to Russian Foreign Minister Sergey Lavrov. During a meeting with his colleagues in India, Moscow’s top diplomat also discussed the similar initiative within...
Russian Foreign Minister Sergey Lavrov States De-Dollarization ‘Can No Longer Be Stopped’
28.4.2023
Russian Foreign Minister Sergey Lavrov has spoken on the current shift to national currencies and the de-dollarization international markets are currently experiencing. In a press conference after addressing the UN Security Council on April 25, Lavrov stated this shift could not be stopped,...
Winner of Canadian Lottery Jackpot Says Impostors Using His Name to Steal Bitcoins
14.4.2023
The winner of the Canadian lottery, Scott Gurney, has confirmed that scammers impersonating him on Facebook have conned unsuspecting victims of their bitcoins. To counter the scammers, Gurney said he has stopped accepting or sending friend requests on the social networking platform. ‘Too Good...
Explaining ‘Bank Walks’ — Study Assesses How They Might Affect Credit
11.4.2023
Bank walks are a new liquidity movement phenomenon identified by analysts, characterized by a slow drift of deposits to take advantage of better yield opportunities. Such “walks” might prove to be pernicious to the banking system, as they cannot be stopped and have effects on credit...
USDC Dominated Trading Volume on Decentralized Exchanges Amidst Depegging Incident
12.3.2023
On Saturday, several centralized crypto trading platforms and payment processors stopped USDC auto conversions. However, USDC experienced a significant trading volume on decentralized exchange (dex) platforms such as Uniswap, Curve, and Pancakeswap. Uniswap alone recorded $10.13 billion in trades...
Next Crypto Bull Run Will Start From the East, Says Gemini Co-Founder
21.2.2023
Gemini’s co-founder believes that the next crypto bull run will come from the East. “It will be a humbling reminder that crypto is a global asset class,” he said. “The West, really the U.S., always only ever had two options: embrace it or be left behind. It can’t...
Crypto Lender Nexo Stopped EIP for US Clients on Feb. 10
13.2.2023
Last month, Nexo paid a $22.5 million fine to the SEC for failing to register the offer and sale of EIP
US Senator: Cryptocurrency Cannot Be Stopped, FTX Collapse Isn’t an Indictment of Crypto
18.12.2022
U.S. Senator Pat Toomey says illegal actions by crypto exchange FTX must be separated “from perfectly lawful and innovative cryptocurrencies.” Emphasizing that “The collapse of FTX is not an indictment of crypto,” he noted that “cryptocurrency cannot be stopped”...