Crypto Venture Capital Firm’s X Account Hacked to Promote Token Claim Scam
The X (Twitter) account of Blockchain Capital, a venture capital firm focused on cryptocurrencies, was hijacked by scammers aiming to...
$120M Crypto Ponzi Scheme In India Unearthed By Local Authorities
Law authorities in the Indian state of Odisha successfully dismantled a crypto Ponzi scheme valued at $120 million (Rs 1000...
Huobi Set To Become First Exchange Listing PayPal’s Stablecoin PYUSD
Cryptocurrency exchange, Huobi has committed to supporting PayPal's entry into the digital currency landscape with its stablecoin, PYUSD. Related Reading:...
SEC Freezes $50M In Assets, Cracks Down On Utah-based DEBT Box In Crypto Fraud
The United States Securities and Exchange Commission (SEC) has taken action to freeze the assets of Utah-based crypto firm Digital...
FTX’s Dubai Unit Seeks Exclusion From U.S. Liquidation Proceedings
FTX, the bankrupt crypto exchange, has taken legal action by filing a court motion to remove its Dubai unit from...
KPMG Deems Bitcoin ‘Misunderstood’: Energy Consumption At Par With Tumble Dryers
Prominent accounting and consultancy firm, KPMG, has published a report delving into Bitcoin and its mining implications. The report focuses...
IRS Classifies Crypto Staking Rewards As Taxable Income Upon Receipt
The Internal Revenue Service (IRS) has recently issued a ruling stating that United States cryptocurrency investors who receive rewards from...
German Data Watchdog Investigates Worldcoin Amid Ongoing Issues
Sam Altman's brainchild, Worldcoin (WLD), is facing scrutiny as the Bavarian state regulator in Germany has been actively investigating the...
