SEC sues ‘fake’ crypto exchanges in first action on pig butchering scams

The price of Bitcoin (BTC) quickly surged to $34,000 amid recent developments in the Bitcoin ETF space. 3300 Total views 7 Total shares Uptober may have finally arrived, with the price of Bitcoin (BTC) breaking through the $34,000 mark for the first time since May last year, marking a staggering 14% gain in the past

Cryptocurrency lending firm Genesis Global Capital has reportedly hired a restructuring adviser to explore all possible options that include, but aren’t limited to, a potential bankruptcy. It is understood that the firm has hired investment bank Moelis & Company to explore options, while people familiar with the situation have stressed that no financial decisions have been…

The European Union and the European Central Bank wanted to create a unitary legal framework that would limit the anonymity of cryptocurrency transactions, especially in the spectrum of money laundering, terrorist financing and tax evasion. The simplest method of control and probably the only one possible in the case of digital currency transactions is by…

Foundry entered the cryptocurrency mining game in August 2020. 1667 Total views 13 Total shares Foundry, a wholly owned cryptocurrency mining subsidiary of Digital Currency Group, or DCG, has entered the top 10 largest Bitcoin (BTC) mining pools in the world.The firm's CEO, Barry Silbert, announced the news on Tuesday, predicting that Foundry will soon break…

Meta is offering a $347,000 yearly salary for an expert to drive its AI metaverse vision, while a regulator has banned Meta from using personal data from Brazilians to train its AI.

The exchange has come under increasing pressure from critics after the collapse of its rival, FTX. 490 Total views 1 Total shares Own this piece of crypto history Collect this article as NFTBinance has joined the Chamber of Digital Commerce, a United States crypto industry lobbying group, according to a Dec. 20 press release from…

Axie Infinity was a pioneer of the play-to-earn movement and the project inspired new Web3 applications that aspire to apply the earning model to their respective ecosystems. The latest project to join the move-to-earn movement is STEPN, a Solana-based Web3 application where owners of the NFT sneakers earn as they walk. STEPN has programmed a few…

European financial institutions are using pilots to make a case for the digital euro. 2567 Total views 13 Total shares It turns out the 100 million euro digital bond issued by the European Investment Bank earlier this week was actually a trial of a European central bank-issued digital currency, or CBDC.An April 28 announcement from…

Ethereum (ETH) and decentralized finance (DeFi) are undergoing a seismic shift as the transition to Eth2 and a proof-of-stake consensus mechanism is helping to increase the value proposition for the network which has historically has been plagued with scaling issues and high transaction costs. Alongside this transition has been the introduction of liquid staking, which is…