The US Federal Trade Commission Probes Crypto Firms Over Misleading Ads
The Federal Trade Commission (FTC), the United States consumer protection agency, is looking into many cryptocurrency companies for what it believes to be fraudulent or...
Author : Joseph Alalade
Crypto.Com and Coca-Cola Launch a FIFA World Cup-Inspired NFT Collection
On Monday, Crypto.com announced a partnership with Coca-Cola and digital artist GMUNK to release a collection of 10,000 NFTs (non-fungible tokens) to celebrate the FIFA...
Genesis Owes Gemini Exchange’s Users $900 Million
The Financial Times reported that crypto broker Genesis and its parent company, Digital Currency Group (DCG), owe $900 million to customers of the Winklevoss twins’...
Alameda Ex-CEO Caroline Ellison Reportedly Spotted in a US City
The Autism Capital Twitter account and a citizen journalist shared two photos of a woman who resembled the company Alameda Research CEO Caroline Ellison on...
Media Attacks Tether of Rising Loan Risk; Tether Hits Back
The Wall Street Journal (WSJ) released an article on December 1 accusing the tether stablecoin’s developer company of increasingly leasing its coins to clients rather...
Ankr Defi Protocol Suffers a Multi-million Dollar Attack
The BNB chain-based Ankr defi protocol has suffered a significant exploit as a result of a major bug in its code that allowed for limitless...
U.S. Lawmakers to Question CFTC Chair Over FTX collapse
US senators will question the CFTC, the nation’s top financial regulator, about the abrupt demise of the once-leading cryptocurrency exchange FTX and whether authorities could...
Telegram to Build Crypto Wallets and Exchanges, says CEO Pavel Durov
Pavel Durov, the CEO of Telegram, says cryptocurrency users should switch to self-custodied wallets, as the company reveals it is stepping in to offer decentralized...
Arrest Warrant Issued for Terra Co-founder, Accused of Illegal Gains
South Korean prosecutors issued an arrest order for co-founder Daniel Shin and seven other engineers and investors of the corporation on suspicion of obtaining unlawful...
Kaspersky Releases a New Consumer Cyberthreat Forecast for 2023
According to a recent study by the cybersecurity company Kaspersky, the Metaverse may become a major target in 2023. This is in addition to malware,...