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Attorney Says They Are “Receiving 5-6 Emails a Day” From Victims of Pig Butchering Scams
1.1.2024
Source: AdobeStock / James Thew Pig butchering scams, a rapidly growing criminal activity involving online romance, fake crypto investments, and human trafficking, have been plaguing US citizens, resulting in significant financial losses. In a recnet interview, Erin West, Deputy District Attorney...
FTX Estate Faces Objections Over Lowered Crypto Claims Valuation Amid Bankruptcy Proceedings
28.12.2023
On Dec. 27, 2023, FTX debtors released a projected valuation of claims involving digital assets, with the proposal suggesting conversion of claims into dollar amounts pegged to crypto asset values as of Nov. 11, 2022. Consequently, an individual who held bitcoin on FTX would receive $16,871...
Bank Of China Completes First Cross-Border Digital Yuan Commodities Trade
16.12.2023
The Bank of China Hong Kong, the second largest bank in the region, has completed its first cross-border digital yuan-based trade. The transaction, finalized with its sibling bank, the Bank of China, served to receive the payment for an imported iron ore commodity bulk trade, establishing...
Donald Trump Launches ‘Mugshot Edition’ Digital Cards With Suit Scraps and Gala Dinner Invitations
13.12.2023
Former U.S. President Donald Trump has launched a new digital trading card collection, the Mugshot Edition, and this is the first time he is also offering physical cards. Buyers who purchase 47 of these Mugshot Edition cards will receive a scrap of the suit Trump wore for his mugshot photo, along...
World’s First Bitcoin Bonds Receive Regulatory Approval in El Salvador
12.12.2023
The bonds are expected to launch in Q1 of 2024, several posts amplified on social platform X by President Nayib Bukele suggest
Bitcoin ETF Decision Dates Approach: What to Expect in January
2.12.2023
Image by Parradee, Adobe Stock The Securities and Exchange Commission (SEC)’s move to start a public comment period for spot Bitcoin (BTC) ETF applications earlier than expected has stirred up optimism around the launch of these products. On November 28, the SEC published filings instituting...
15 Best Instant Withdrawal Casinos in Australia
30.11.2023
Most online casinos require 24-48 hours to approve withdrawal requests. That said, there are also gambling sites that offer instant payouts, meaning you’ll receive your winnings in minutes, not days. Read on to explore the 15 best instant withdrawal casinos in Australia. Not only will...
US Spot Bitcoin ETF Market Sees New Entrant as SEC Decision Looms
30.11.2023
Source: Adobe Stock Switzerland-based Pando Asset has emerged as the latest contender in the race to launch a spot Bitcoin ETF in the United States. Joining dozens of other applicants, Pando Asset is seeking to introduce a fund type that has yet to receive approval from the US Securities...
Dogecoin-funded SpaceX Moon Mission To Launch in January
29.11.2023
Source: Pixabay DOGE-1, a Dogecoin-funded SpaceX moon mission, has received a key regulatory approval from the National Telecommunications and Information Administration. The approval is one of the precursors to the final Federal Communications Commission license, which the mission is still yet...
Hong Kong Police Receive 145 Complaints of Hounax Crypto Scam Totaling $18.9M
28.11.2023
Hong Kong authorities confirm 145 victims and nearly $19 million lost in crypto scam involving unlicensed exchange Hounax. Image by Alexey Novikov, Adobe Stock. Authorities in Hong Kong have confirmed that 145 individuals filed complaints regarding losses from an unlicensed cryptocurrency exchange...
Stitch Launches Payment Service Allowing Customers to Settle With Crypto in South Africa
23.11.2023
A new product offering recently launched by Stitch, a South African payment service provider, now enables customers to settle transactions with crypto. According to Stitch, this new functionality makes it possible for customers to pay with bitcoin (BTC) or ether (ETH). Local Businesses to Receive...
Mt. Gox Creditors to Receive Bitcoin Payments Starting 2023 Based on Rehabilitation Plan
22.11.2023
A decade after the Mt. Gox crypto hack, creditors have been informed of a repayment plan beginning in 2023. Image by 24K-Production, Adobe Stock. Nearly a decade after the collapse of the Mt. Gox cryptocurrency exchange, creditors may finally receive some relief. In an email sent to rehabilitation...
Mt. Gox Creditors to Receive Repayments Soon, Trustee Plans Distribution of BTC, BCH, and Yen
22.11.2023
Source: AdobeStock / 24K-Production Nobuaki Kobayashi, the trustee overseeing the Mt. Gox Bitcoin exchange’s estate, has initiated communication with rehabilitation creditors, indicating the imminent start of repayments. This development follows the notorious 2014 hack that resulted in...
Pyth Token Debuts Near $500M Valuation as 90,000 Wallets Receive Airdrop
20.11.2023
Pricing oracle network Pyth has issued its native token [PYTH] with 90,000 wallets being eligible to receive the airdrop
Fourteen Ukrainian Officials Receive Advanced Crypto Crime Investigation Training
17.11.2023
Source: Pixabay Ukrainian lawmakers and officials have received advanced training on identifying and investigating crypto-related financial crimes. The United Nations Office on Drugs and Crime and the OSCE Economic and Environmental Activities have organized the 4-day course. Fourteen...
German Banking Giant Commerzbank Granted Crypto Custody License
15.11.2023
Commerzbank has made a significant stride in the digital asset sector by becoming the first German full-service bank to receive a Crypto Custody License. Commerzbank believes the breakthrough positions the bank at the forefront of the burgeoning crypto market in Germany. The firm discloses that...
Chinese Newlyweds to Scoop Digital Yuan Giveaways
13.11.2023
Source: Jenny/Adobe Chinese newly married couples stand to receive up to $715 worth of digital yuan tokens, discount vouchers, and coupons for tying the knot. Per the People’s Daily and an explanatory post uploaded to Banibao, the incentive is the brainchild of Shenzhen’s Yantian District, which...
El Salvador Bitcoin ATM network to receive Lightning Network upgrade
8.11.2023
Athena Bitcoin plans to integrate the Lightning Network into 100 of its machines in the next couple of months
DeFi Protocol SafeMoon Still Running Despite Securities Violations
3.11.2023
Decentralized finance (DeFi) protocol SafeMoon has addressed the recent litigation by the United States Securities and Exchange Commission (SEC), expressing its intent to seek a resolution. We are reviewing the recent news and we of course take these issues extremely seriously. As we receive more...
Celestia Airdrops TIA Token as Network Goes Live, Claims Start of 'Modular Era'
31.10.2023
Celestia's mainnet beta is live following the issuance of its native token, TIA