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Revolut receives in-principle approval from Dubai's VARA to offer cryptocurrency-related services in the UAE.

16/07 12:24

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Brazilian Judiciary Halts NFT Pyramid Scheme: Assets Worth $5.6M Seized
The Santa Catarina Judiciary in Brazil has frozen $5.6 million in assets linked to an NFT pyramid scheme. Victims, reporting losses over $3.9 million, were enticed with promises of up to 20% monthly returns. Operation 'Cripto X' revealed the scheme's depth, prompting civil and criminal actions against eight individuals and 14 companies. The freezing of assets aims to compensate victims as the scheme collapsed due to liquidity issues and challenges in repatriating funds.
JixuNov 27, 2023 1:40 pm
Coining Success: Circle and SBI Forge Path for USDC Triumph in Japan
Circle and SBI unite forces to drive USDC's digital currency revolution in Japan, navigating regulatory landscapes for widespread adoption and marking a milestone in the global financial shift.
Hui XinNov 27, 2023 1:11 pm
Azuki DAO Transforms into 'Bean' Memecoin; Legal Dispute with Founder Settled
Azuki DAO transforms into memecoin "Bean" with $10 million funding for integration into the Blast ecosystem. The 1 billion token supply includes a 50% distribution through an NFT airdrop to the Azuki DAO community. Legal disputes with Zagabond over the "Elementals" series are resolved as Azuki DAO drops the proposed lawsuit, marking a pivotal moment for the Azuki community. Future plans and financing details for Bean's memecoin project are anticipated.
JixuNov 27, 2023 1:49 pm
OpenSea Faces Backlash Over Fatzuki NFT Promotion
OpenSea faces criticism for promoting the dormant Fatzuki NFT collection, sparking concerns about the platform's due diligence. The controversy, marked by a sudden surge in Fatzuki's value and echoes of past scandals, raises questions about OpenSea's motives, especially amid recent staff layoffs and the project's questionable activity since July 2023.
JixuNov 27, 2023 4:02 pm
Nigerian Politician Arrested for Stealing $246,153 from Patricia Technologies' Crypto Wallet
Wilfred Bonse, a politician, has been arrested for embezzling over 200 million naira from Patricia Technologies' crypto wallet, collaborating with hackers to launder funds. Despite setbacks, Patricia Technologies aims to repay customers after converting assets into Patricia Token, highlighting Nigeria's crypto awareness at 99%.
JixuNov 27, 2023 5:54 pm
Zipmex Faces Suspension and Regulatory Challenges in Thailand
The Securities and Exchange Commission (SEC) of Thailand has implemented a trading and asset deposit halt for Zipmex, effective from 25 November, 1pm local time. This decision aligns with local regulations to ensure compliance. The suspension instructs customers seeking fund or asset withdrawals during this period to directly contact the exchange.
JoyNov 27, 2023 2:27 pm
International Alliance: New Global Guidelines for AI Security
Global collaboration strengthens AI security with comprehensive guidelines for development and deployment.
Hui XinNov 27, 2023 2:51 pm
Tron is Now Favoured By Hamas and Other Terrorist Groups Compared to Bitcoin
Tron, a fast-growing cryptocurrency network, has overtaken Bitcoin as a platform for crypto transfers associated with groups designated as terror organisations by Israel, the United States, and other countries.
JoyNov 27, 2023 4:30 pm
HTX Crypto Exchange Resumes Operations After $30 Million Exploit
HTX, formerly Huobi, swiftly resumes operations, including Bitcoin transactions, after a $30 million exploit, as part of a series of security challenges in the Sun-linked crypto ecosystem.
Hui XinNov 27, 2023 4:34 pm
Judicial Order: CZ Mandated to Stay in the U.S. Temporarily
Binance's former CEO, Changpeng Zhao (CZ), faces travel restrictions in the U.S. as a judge rules to curb potential flight risks amidst legal proceedings.
Hui XinNov 28, 2023 10:42 am