The world of cryptocurrency has been met with numerous challenges and regulatory changes in recent years. As a result, crypto exchange platforms have had to adapt to the evolving landscape. One such platform, Bitpanda, recently made the decision to exclude Dutch users from its services. This move has left many users questioning the future of
Blockchain
South Korean crypto exchanges reported blocking over $82 million worth of transactions linked to romance scams in the past year. Coinone, one of the leading exchanges in South Korea, stated that catfishing and other romantic scams utilizing cryptocurrency have become widespread in the country. It further revealed that it had successfully halted more than $2.6
The ongoing legal dispute between Binance and the United States Securities and Exchange Commission (SEC) has reached new heights, with court documents revealing key details about the clash over evidence production and witness depositions. According to a joint status report filed on January 25, the SEC accuses BAM Trading Services, the parent company of Binance.US,
The Algorand Foundation was stunned when it discovered that CEO Staci Warden’s X account had been compromised, leading to a series of offensive and false statements about the Algorand community. The hacker behind the attack used derogatory language and even posted racial slurs. The unauthorized posts also urged the community to sell Algorand’s native token,
The Solana Foundation recently announced the launch of token extensions, marking a significant milestone in the evolution of the Solana Network’s SPL token. Token extensions present a new standard for SPL tokens, introducing enhanced functionalities that can be compared to Ethereum’s renowned ERC-20 token standard. With the aim of catering to builders across various industries,
In a recent blog post, blockchain analytics and security firm Chainalysis reported a significant decrease in cryptocurrency theft in 2023. The firm disclosed that the crypto market saw a collective loss of $1.7 billion, marking a 54.3% reduction compared to the $3.7 billion stolen in 2022. While this decrease in fiat value may seem promising,
Blockchain network Socket recently made an announcement that left the crypto community pleasantly surprised. The protocol revealed that it has successfully retrieved 1,032 Ether tokens, valued at $2.3 million. These digital funds were initially stolen during the January 16 Bungee Bridge exploit, which resulted in the theft of millions of dollars. The recovery of such
Horst Jicha, the founder of USI Tech, a cryptocurrency firm, has been arrested and charged by U.S. authorities for his involvement in an alleged $150 million international fraud scheme. The charges against Jicha, a 64-year-old German national, include securities fraud, conspiracies to commit securities fraud, wire fraud, and money laundering. This article examines the details
In a recent development, a South Korean court has handed a four-year prison sentence to an unnamed individual in their 30s involved in a fraudulent cryptocurrency exchange. The court’s decision comes after the individual was found guilty of providing the exchange with illegal bank documents. This article delves into the details of the case, shedding
Law enforcement agencies have always been at the forefront of utilizing new technologies to combat crime. In a recent document released by Interpol, the metaverse has been identified as a crucial tool that can revolutionize the way law enforcement operates. This article explores the potential applications of the metaverse in training, crime prevention, and forensic