Forcount crypto scheme promoters plead guilty to wire fraud conspiracy
On July 22, two of the five individuals who allegedly stole $8.4 million from investors between 2017 and 2021 by promoting Forcount pleaded guilty.
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Crypto giants co-launch Chainabuse platform to water down rising scams
Chainabuse allows crypto users, victims of financial crimes and crypto businesses to report, discuss and actively issue warnings to reduce the effectiveness of scams. 605 Total views 4 Total shares Seven major crypto companies — Binance.US, Circle, Solana Foundation, The Aave Companies, Hedera, TRM Labs and Civic — joined hands to launch a community-driven scam…

Majority of gamers still unaware of blockchain gaming — survey
A OnePoll survey found that more than three-quarters of adult gamers have never heard of blockchain gaming or have never played a blockchain video game, indicating a huge untapped opportunity.

Bitcoin hits $70K amid huge ETF inflow streak
Bitcoin has topped $70,000, its highest price since June after US-based ETFs surpassed total net inflows of over $22 billion.

Hong Kong’s Flagship Airline Cathay Pacific Uses Blockchain in ULDs
Hong Kong’s flagship airline Cathay Pacific has introduced the first blockchain project to manage unit load devices (ULDs).Cathay plans to roll out the tech across the entire networkThe new project intends to eliminate paper-based processes by implementing a blockchain application that allows to instantly manage ULDs through a smartphone, according to a report by air…

US Financial Services Committee leaders want ‘regulatory sandboxes’ for AI
In a letter signed only by republicans, the committee responded to a request for information sent by the Department of the Treasury.

US infrastructure law could brace up digital assets — but first some fixes
Back in August, there were some dire warnings about what the Biden Administration’s proposed infrastructure bill might do to the cryptocurrency and blockchain sector by driving crypto miners out of the United States, crippling America's leadership role, etc. In response, the crypto industry mobilized a full-court-lobbying press on lawmakers. However, it was too late to…

Bitcoin network settling an average of $95K for every $1 in fees
Bitcoin’s settlement efficiency has been improving which means more value can be sent for lower transaction fees. 1014 Total views 19 Total shares The Bitcoin network’s value settlement efficiency has been improving steadily recently, with more being settled for lower fees.Over the past week, the Bitcoin network has transferred or settled an average of $95,142…

NFT sales and blockchain games continue to grow despite the recent market slump: Report
Gen Z and growing interest throughout Asia have helped NFTs to shine brightly amidst volatility, according to a report from DappRadar. 596 Total views 11 Total shares January 2022 continues to be rough for crypto investors as current markets see turbulent fluctuations in the price of Bitcoin and other cryptocurrencies. Some have attributed the slump to…