In a time of economic flux and changing financial landscapes, the recent Shanghai Second Intermediate People’s Court report stands out as a significant moment for the crypto world. Daring to challenge China’s traditionally restrictive views on digital currencies, the court’s
South Korea’s premier cryptocurrency exchange, Upbit, recently experienced a security fiasco that affected approximately 400,000 wallets. Per their recent statement, a fraudulent token disguised as the legitimate Aptos (APT) token deceived the exchange’s monitoring system. Although Upbit has since recovered
In the heart of Europe, a unique movement is taking shape, fusing the power of art with the disruptive force of Bitcoin. Street Cy₿er, a Barcelona-based collective, has embarked on a mission to turn the streets of Europe into Bitcoin-inspired
In a decisive move against fraudulent crypto trading platforms, Hong Kong’s Securities and Futures Commission (SFC) has declared its intent to publish a list of suspicious virtual asset trading platforms (VATPs). This announcement follows closely on the heels of the
Calcium (CAL), a test token created by Shiba Inu, is taking on a life of its own as an independent memecoin despite being branded a “scam” by one Shiba Inu developer. The token quickly ran out of Shiba Inu’s control
In a significant development for the long-standing Mt. Gox saga, the Rehabilitation Trustee, Nobuaki Kobayashi, has officially extended the deadline for repaying creditors to October 2024. This delay marks another twist in the turbulent history of the defunct Bitcoin exchange,
In the wake of a devastating $70 million security breach, the popular cryptocurrency exchange CoinEx is demonstrating a notable resurgence. A breach, which saw the compromise of its hot wallet keys, led to a suspension of crucial services, shaking the
Former Deutsche Bank investment banker Rashawn Russell, 27, has pleaded guilty to investment fraud. The ex-banker admitted to running a scam cryptocurrency trading operation that plundered $1.5 million from investors. As a result, he faces up to 30 years in
MicroStrategy and Tesla are among the expected beneficiaries of a rule change that will allow U.S. companies to count crypto gains on their balance sheets for the first time ever. Crypto proponents argue this makes ownership of crypto assets a
Genesis Global has officially announced the cessation of its trading operations. This comes after the crypto lender, an affiliate of Digital Currency Group (DCG), recently lodged a hefty lawsuit against its parent entity in a New York bankruptcy court. Once
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