Indian National Sentenced to 5 Years for $20 Million Cryptocurrency Fraud
TL;DR An Indian citizen has been sentenced to five years in prison for crypto fraud using fake websites imitating Coinbase. The fraud allowed him to...
Search Results for: cryptocurrency
FBI Reports Record $5.6 Billion Lost to Cryptocurrency Scams in 2023, Highlighting Links to Human Trafficking
TL;DR Investors lost $5.6 billion to cryptocurrency-related fraud in 2023, a 45% increase from the previous year. Investment fraud, known as “pig butchering,” was the...
Crypto.com Becomes the First Exclusive Cryptocurrency Partner of the UEFA Champions League
TL;DR Crypto.com becomes the first exclusive cryptocurrency partner of the UEFA Champions League. The partnership seeks to increase cryptocurrency adoption among football fans worldwide. Crypto.com...
Ferrari Expands Cryptocurrency Payment System to Europe After Successful U.S. Launch
TL;DR Ferrari will extend its cryptocurrency payment system to its European dealerships from the end of July. The company plans to expand this scheme internationally...
The SEC Opens Debate on Staking in Cryptocurrency ETFs: Impact and Perspectives
TL;DR Hester Peirce from the SEC has proposed reconsidering staking and in-kind redemption in cryptocurrency ETFs, sparking debates on regulatory flexibility. Peirce suggests that practices...
Cryptocurrency Markets Surge Amid Increased Odds of Trump Victory
TL;DR Cryptocurrency markets surge amid increased odds of Trump winning the 2024 presidential election, with Bitcoin and Ethereum seeing significant gains. Trump’s evolving stance on...
Coincheck on Nasdaq: Paving the Way for Cryptocurrency Acceptance
TL;DR Coincheck’s Nasdaq Listing: The Japanese crypto exchange Coincheck is nearing the completion of its listing on Nasdaq through a merger with SPAC Thunder Bridge...
Cryptocurrency Expert Warns of Losses in Solana Meme Token Projects
TL;DR 12 of Solana’s pre-sale meme coins have been abandoned, resulting in the loss of over 180,650 SOL ($26.7M). ZachXBT alert on risks associated with...
Bitcoin Strengthens Dominance Amid Historic Interest in Halving and Cryptocurrency Market Volatility
TL;DR Bitcoin dominance increases while layer 1 and AI tokens face difficulties. The proximity of the Bitcoin halving and market caution drive BTC dominance. Interest...
Bitcoin and Ethereum on Alert: Cryptocurrency Markets Turbulent Due to Inflation Data
TL;DR Bitcoin and Ethereum have seen their prices decline due to investor caution in the face of new inflation data in the US. Despite the...