Romance and crypto scams surge on Canadian dating apps
Canadian authorities warn against discussing cryptocurrency investments with online matches, advising that such conversations should be considered a red flag.
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Altcoins hit new highs after bulls kick Bitcoin price back above $50K
A quick short squeeze catapulted Bitcoin price above $54,000 and a handful of altcoins rallied to new all-time highs. 2921 Total views 23 Total shares Cryptocurrency investors breathed a sigh of relief on April 26 as the sharp reversal in the price of Bitcoin (BTC) was accompanied by a market-wide recovery that has a majority…

Canadian Police Freezes Assets of FUEL Token Issuers due to Alleged $22 Million Fraud
Canadian police have frozen assets of the founders of blockchain consulting firm Vanbex, which raised $22 million in an alleged fraudulent initial coin offering (ICO). The development was reported in a court document released on March 14.According to the document, Vanbex founders Kevin Hobbs and Lisa Cheng claimed to the public that they operated a…

Crypto Bear Market Affecting Venture Capital Valuations
Venture capital (VC) valuations have been deeply affected by the cryptocurrency bear market, says Jalak Jobanputra, founding partner of Future Perfect Ventures, in an interview with Fortunes’ Balancing the Ledger on Feb. 11.Founded in 2014 in New York, Future Perfect Ventures is a venture capital firm, focusing on early stage investments primarily in technology companies,…

Is the rise of derivatives trading a risk to retail crypto investors?
BTCWith an increase in the number of retail investors dabbling in derivatives trading and investors hopping into decentralized exchanges (DEXs) due to regulations in the United States and China, there has been a rise in users utilizing derivatives DEXs, with Bitcoin (BTC) whales moving into derivatives and an increase in buying interest in derivative contracts.This…

Binance sued for allegedly facilitating money laundering with ‘lax KYC’
Binance’s lax KYC requirements are creating more legal problems for the exchange. Binance’s famously light Know Your Customer requirements are being targeted by the current owners of Zaif, a Japanese cryptocurrency exchange that got hacked in 2018.Plaintiffs are claiming that its weak KYC requirements and high daily withdrawal limit facilitated the laundering of $60 million…

DEBT Box urges judge to toss suit as SEC got case ‘badly wrong’
The SEC initially misled a court to freeze DEBT Box’s assets, which has since been reversed, and the firm cited the incident as grounds to dismiss the suit. 55 Total views 1 Total shares DEBT Box and other defendants in a Securities and Exchange Commission lawsuit want the case tossed after the court found the

Bitcoin treasury adoption grows in LATAM, mirroring US strategic BTC reserve plan
Large corporations in Argentina and Brazil are embracing Bitcoin by establishing BTC-based treasuries. Cointelegraph explains why.

Telegram CEO: Apple’s iCloud Is “Now Officially a Surveillance Tool”
Pavel Durov, founder and CEO of major encrypted messenger Telegram, argues that Apple’s cloud service iCloud is “now officially a surveillance tool.”Citing a Jan. 21 Reuters report, Durov claimed that applications like WhatsApp — which rely on iCloud to store private messages — are “part of the problem.” Telegram CEO delivered his verdict in a…