A Georgia man hid more than 50,000 stolen bitcoin on a disconnected single-board computer in a popcorn tin in his bedroom closet. The largest amount of illicit funds ever recovered by federal law enforcement came in the form of bitcoin on a disconnected drive stuffed at the bottom of one Georgia man’s linen closet. Federal […]
It has emerged that the business empire of billionaire Sam Bankman-Fried officially comprises two giant entities, including the FTX crypto exchange and his trading firm Alameda Research. This is after the status of Almeda Research as a significant player in its respective field (trading firm) was confirmed through the $14.6 billion assets it holds as […]
The European Union’s crypto regulation bill, set to be made law following some additional steps, contains a section that could impact many crypto influencers. The European Union bill aiming to regulate cryptocurrencies could result in crypto influencers being charged with market manipulation if they fail to disclose potential conflicts of interest. The Markets in Crypto […]
A little known cryptocurrency trading house that appears to have most of its operations in Hong Kong and Singapore has emerged as the sixth-largest operation by income in Australia for the 2022 tax year. WX Trading – which appears to be affiliated with WX Capital, a large cryptocurrency trading site – reported $33 billion in […]
The chair of Australia’s market regulator has warned that “action will be taken” on financial product issuers who promote risky products to a wide consumer base. Australia’s financial services and markets regulator has issued another glaring warning towards issuers of crypto-based financial products, particularly those inappropriately marketing high-risk products. Joe Longo, chair of the Australian Securities […]
The product aims to help users navigate NFT projects and gain insights from the community. Web3 browser Opera has launched DegenKnows, a new non-fungible token (NFT) analytics, tracking and exploration tool that includes on- and off-chain analytics. The new tool aims to help users navigate NFT projects and gain access to insights from the social […]
As the cryptocurrency trial of the century draws to an close in a Manhattan federal court, there are increasing signs that the U.S. Securities and Exchange Commission (SEC) faces a bruising defeat against the San Francisco-based enterprise blockchain innovator Ripple Labs. The verdict could drastically limit the SEC’s authority to regulate crypto in the United […]
In the early hours of the morning, QANPlatform’s Ethereum bridge smart contract was exploited for over $1 million. Layer 1 blockchain QANplatform, which touts itself as resistant to attacks aided by quantum computing power, was today the target of a bridge hack that resulted in the theft of 1.4 billion QANX tokens (just over a […]
A smart contract bug let a large number of attackers drain the project’s funds After a few quiet months, it’s happened again: another blockchain bridge hack with losses in the hundreds of millions of dollars. Nomad, a cryptocurrency bridge that lets users swap tokens between blockchains, is the latest to be hit after a frenzied […]
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has published a video explaining how the agency plans to regulate crypto exchanges. “I’ve asked our staff to work directly with the platforms to get them registered and regulated,” the SEC chief revealed. SEC Chairman Gary Gensler’s Video About Regulating Crypto Exchanges U.S. […]
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