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Elizabeth Wilson

Chinese Authority Cautions Investors Against Fake Digital Yuan

Chinese Authority Cautions Investors Against Fake Digital Yuan

February 27, 2024 by Elizabeth Wilson

In an official announcement, the Ministry of Industry and Information Technology in China cautioned investors about a fake digital yuan that has drawn public attention. The ministry stated that the fake central bank digital currency, commonly known as the digital yuan, resembles…

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Saudi Arabia Launches Metaverse Project to Promote Cultural Activities

Saudi Arabia Launches Metaverse Project to Promote Cultural Activities

February 27, 2024 by Elizabeth Wilson

In an advanced announcement, the Ministry of Culture in the Kingdom of Saudi Arabia launched a metaverse project to support preserving the country’s cultural heritage. The newly launched Metaverse project will document every event that occurred in the history of Saudi Arabia. …

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MetaMask Integrates Blockaid’s Security Alerts to Combat Crypto Crimes

MetaMask Integrates Blockaid’s Security Alerts to Combat Crypto Crimes

February 22, 2024 by Elizabeth Wilson

The growing popularity of Metamask has forced the firm to strengthen its security protocol to safeguard customers’ funds. In a February 20 report, the Metamask team said it would integrate additional security alerts across multiple chains. The strategic move aims to protect…

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OpenAI Partners with Microsoft to Address Crypto Crime

OpenAI Partners with Microsoft to Address Crypto Crime

February 21, 2024 by Elizabeth Wilson

The rise of cyber attack incidents has posed a threat to the national security of most crypto-friendly states. The damages caused by cyber attacks forced giant tech firms to collaborate and address the issue. In a recent announcement, the team behind ChatGPT…

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Crypto Exchange FixedFloat Suffers $26M Security Breach

Crypto Exchange FixedFloat Suffers $26M Security Breach

February 21, 2024 by Elizabeth Wilson

In an official communication, the Seychell-based crypto exchange FixedFloat suffered a malicious attack that impacted the loss of a substantial amount of funds. News concerning the hacking incident was disclosed by the renowned blockchain analytics firm BlockFence. After assessing the damages caused by the…

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Honduras Authority Restricts Bank Involvement in Crypto Transaction

Honduras Authority Restricts Bank Involvement in Crypto Transaction

February 20, 2024 by Elizabeth Wilson

The increased adoption of crypto assets in Latin America has obliged the financial watchdog to take decisive steps to protect the traditional financial system. In an advanced communication the Honduras National Banking and Securities Commission (CNBS) imposed restrictive measures on the involvement…

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Telefónica Partners with Chainlink to Address SIM Swap Attacks

Telefónica Partners with Chainlink to Address SIM Swap Attacks

February 16, 2024 by Elizabeth Wilson

On Thursday, the leading telecommunication company in Spain, Telefónica, entered into a strategic partnership with Chainlink to safeguard customers from financial losses. Lately, investors have suffered losses of substantial amounts to hackers and fraudulent schemes. The rise of crypto-related crimes has forced…

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Ripple Acquiring Standard Custody to Expand its Presence in US

Ripple Acquiring Standard Custody to Expand its Presence in US

February 15, 2024 by Elizabeth Wilson

In its advanced communication, the San Francisco-based crypto firm Ripple entered into an acquisition deal with Standard Custody and Trust Company. The acquisition of Standard Custody & Trust Co. will enable Ripple to expand its geographic presence in the US. For years,…

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South Korea Report Shows Suspicious Crypto Transaction Increased by 50% in 2023

South Korea Report Shows Suspicious Crypto Transaction Increased by 50% in 2023

February 15, 2024 by Elizabeth Wilson

On Wednesday, the financial intelligence unit (FIU) in South Korea lamented that crypto-related crimes have risen despite the regulators’ corrective steps. In the February 14 announcement, FIU noted a 49% increase in susceptible crypto transactions in 2023. Compared to 2022, FIU officials…

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OKX Expands to Argentina to Meet Growing Demand for Crypto

OKX Expands to Argentina to Meet Growing Demand for Crypto

February 12, 2024 by Elizabeth Wilson

In an advanced communication, the famous crypto exchange OKX revealed plans to expand to Argentina. The OKX expansion to Argentina mirrors its ongoing efforts to broaden its market presence in Latin America. In late last year, the OKX team expanded its footprint…

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Pro-Bitcoin President Nayib Bukele Claims Victory in Presidential Polls

Pro-Bitcoin President Nayib Bukele Claims Victory in Presidential Polls

February 6, 2024 by Elizabeth Wilson

On Sunday the self-proclaimed “world’s coolest dictator” Nayib Bukele announced his reelection as the president of El Salvador hours after the polls. In an X post, Bukele claimed to have won the election with 85% votes. The tweet demonstrated that if Bukele’s…

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Hack Victim Laments Lack of Adequate Fraud Policies in UK

Hack Victim Laments Lack of Adequate Fraud Policies in UK

February 5, 2024 by Elizabeth Wilson

The rise of crypto-related crime has attracted the attention of global regulators, who have imposed corrective measures to shield the consumer from exploitative business activities. Despite the intense efforts to combat crypto crimes, criminals have advanced their skills and expertise to rob…

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South Korean Regulators Propose Amendment of Crypto Rules to Allow Screening of Top Executives

South Korean Regulators Propose Amendment of Crypto Rules to Allow Screening of Top Executives

February 5, 2024 by Elizabeth Wilson

With the ongoing changes in the crypto ecosystem, global financial regulators have stepped up their game to address exploitative business activities. In an advanced report dated February 5, the Financial Services Commission (FSC) in South Korea shared a series of proposals that…

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President Javier Milei Scraps Proposed Crypto Tax Regulation

President Javier Milei Scraps Proposed Crypto Tax Regulation

February 1, 2024 by Elizabeth Wilson

The newly elected president of Argentina, Javier Milei, has taken strategic action to eliminate some unimportant regulations. Based on the current situation in Argentina, President Milei confirmed that he will focus on meaningful projects that benefit the country. In a recent publication…

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Ethereum Founder Vitalik Buterin Refuses Being the Face of Crypto

Ethereum Founder Vitalik Buterin Refuses Being the Face of Crypto

February 1, 2024 by Elizabeth Wilson

The remarkable contribution made by the founder of Ethereum, Vitalik Buterin, towards the growth of the crypto ecosystem crowned him among the most famous inventors in the digital world. In a January 31 blog post, Buterin reviewed the events in the crypto…

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Somesing Suffers $11.5 Million Exploit

Somesing Suffers $11.5 Million Exploit

January 30, 2024 by Elizabeth Wilson

In a January 28 report, the renowned blockchain-oriented Karaoke platform Somesing suffered significant losses after a hacker launched a malicious attack. The report demonstrated that the hackers gained unauthorized access to the Somesing platform, siphoning assets worth 730 million SSX tokens. Hackers…

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Hack VC Leads imgnAI in a $1.6 million Seed Funding Round

Hack VC Leads imgnAI in a $1.6 million Seed Funding Round

January 30, 2024 by Elizabeth Wilson

In a recent report, the renowned crypto-oriented AI platform imgnAI raised $1.6 million in a seed funding round. The successful fundraising was led by Hack VC and Rana Capital. Other participants of the seed funding round included Selini Capital, Motus Capital,dao5 and…

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Coinbase Lobby Group Unveil 18 Pro-Senators in US

Coinbase Lobby Group Unveil 18 Pro-Senators in US

January 30, 2024 by Elizabeth Wilson

The rise of financial crime has forced US regulators to step up and supervise the crypto industry. The attempt to shield the customers from exploitative business activities impacted the enforcement of stringent regulations for digital assets. The ongoing clampdown on crypto assets…

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Stellar Foundation Delays Protocol 20 Upgrade to Fix Bug

Stellar Foundation Delays Protocol 20 Upgrade to Fix Bug

January 30, 2024 by Elizabeth Wilson

In an official publication, the Stellar Development Foundation (SDF) revealed plans to postpone the network upgrade to a later date after the developers discovered a bug. Initially, the Stellar community planned to integrate the Ethereum smart contract into its blockchain network on…

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CFTC Advises Traders to Avoid Using AI Trading Bots

CFTC Advises Traders to Avoid Using AI Trading Bots

January 28, 2024 by Elizabeth Wilson

In readiness for the upcoming bull market, investors are exploring ways to maximize their returns on crypto investments. With the development of artificial intelligence, investors believe that using AI-inspired trading bots will enable them to take advantage of the upcoming bull market….

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Name	Price	24H (%)
Bitcoin (BTC)	$97,613.00	-1.28%
Ethereum (ETH)	$3,341.53	-2.18%
Tether (USDT)	$1.00	0.05%
BNB (BNB)	$654.07	-2.47%
XRP (XRP)	$1.38	-10.94%
Cardano (ADA)	$1.01	-7.39%
Polkadot (DOT)	$8.51	5.21%
Chainlink (LINK)	$16.79	-3.33%
Litecoin (LTC)	$95.70	-7.15%
Uniswap (UNI)	$10.64	-0.06%