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Pakistanis Lose Millions to Crypto Scam, Pakistan Issues Notice to Binance

Pakistanis Lose Millions to Crypto Scam, Pakistan Issues Notice to BinanceInvestors from Pakistan have become victims of a massive fraud using cryptocurrency. The country’s main law enforcement agency has issued a notice to crypto exchange Binance in relation to the scam which resulted in the loss of $100 million dollars for Pakistanis, media reports revealed. Fraudsters Lure Pakistanis to Invest in Cryptocurrency Through Binance Pakistan’s […]

Elon Musk, the world’s richest man, hits record $348B net worth

Trading Platform Robinhood Announces Upcoming Launch of Cryptocurrency Wallets

Trading Platform Robinhood Announces Upcoming Launch of Cryptocurrency WalletsTrading platform Robinhood has announced the beta launch of its cryptocurrency wallets, which is set for mid-January. The company said 1.6 million people have signed up for the crypto wallets. Robinhood’s Crypto Wallets to Launch in Beta This Month Robinhood announced this week the upcoming beta launch of its highly anticipated cryptocurrency wallets. The company […]

Elon Musk, the world’s richest man, hits record $348B net worth

Gas DAO Project Forms to Airdrop Tokens to Ethereum Users That Spent $1,559 in Fees

Gas DAO Project Forms to Airdrop Tokens to Ethereum Users That Spent ,559 in FeesA new type of airdrop has been very popular during the last quarter of 2021 as quickly assembled decentralized autonomous organizations (DAOs) have been distributing lots of value to existing crypto users. Just recently, Opendao gave Opensea users an airdrop and many people accrued thousands of dollars in SOS tokens. Now, another project called Gas […]

Elon Musk, the world’s richest man, hits record $348B net worth

Vulcan Forged Platform Suffers Security Breach, 96 Wallets Compromised

Vulcan Forged Platform Suffers Security Breach, 96 Wallets CompromisedVulcan Forged, a gaming and NFT platform, suffered a security breach that allowed attackers to gain control of some cryptocurrency wallets of the service. The hackers got hold of 96 user wallets and managed to steal more than 4.5 million PYR, the native token of the project, among other assets. Vulcan is now dealing with […]

Elon Musk, the world’s richest man, hits record $348B net worth

Eurosystem Approves New Oversight Framework Concerning Crypto Services

Eurosystem Approves New Oversight Framework Concerning Crypto ServicesThe monetary authority of the euro area, the Eurosystem, has introduced a new framework for overseeing electronic payments, including services related to crypto assets. The new set of rules will complement upcoming EU regulations for cryptocurrencies and stablecoins. ECB Aims for Secure and Efficient Digital Payments Through Improved Oversight Following public consultations on the matter, […]

Elon Musk, the world’s richest man, hits record $348B net worth

Ukraine Security Service Busts Criminal Group Selling Bitcoin-Stealing Malware 

Ukraine Security Service Busts Criminal Group Selling Bitcoin-Stealing Malware Law enforcement authorities in Ukraine have exposed a crime ring specializing in cryptocurrency theft and laundering of illicit funds for hackers. The gang, which provided services to clients on the darknet, has been dismantled as a result of a joint operation carried out with the United States. Cybercriminals From Ukraine Launder Millions, Offer Flash Drives […]

Elon Musk, the world’s richest man, hits record $348B net worth

Moscow Not Planning to Ban Russians From Buying Crypto Abroad

Moscow Not Planning to Ban Russians From Buying Crypto AbroadRussia is not going to follow China’s course and does not plan to ban its citizens from purchasing cryptocurrency on foreign exchanges, a high-ranking government official has indicated. Russians will not be able to pay with digital coins in their own country but are free to use crypto wallets beyond its borders. Russians Can Purchase […]

Elon Musk, the world’s richest man, hits record $348B net worth

Bank of Russia Recommends Banks to Block Cards, Wallets Used to Transact With Crypto Exchangers

Bank of Russia Recommends Banks to Block Cards, Wallets Used to Transact With Crypto ExchangersThe central bank of Russia has advised commercial banks on how to identify and block cards and wallet accounts used by shady businesses. Along with illegal forex dealers and financial pyramids, the regulator has also listed crypto exchangers as suspicious entities. New AML Recommendations by Bank of Russia Target Cryptocurrency Exchangers Russia’s central bank has […]

Elon Musk, the world’s richest man, hits record $348B net worth

Chinese Banks Seek New Applications for Digital Yuan in Investment and Insurance

Chinese Banks Seek New Applications for Digital Yuan in Investment and InsuranceTwo Chinese banks are expanding their pilot programs for the digital national fiat. The state-owned financial institutions have revealed they are aiming to allow digital yuan holders to acquire investment funds and insurance products using the new currency. Chinese Banks Partner With Fund Managers and Insurers in Search of Digital Yuan Use Cases China Construction […]

Elon Musk, the world’s richest man, hits record $348B net worth