Exit Scam

Elon Musk's new strategy to charge new users on X aims to reduce bot activity, despite skepticism about its effectiveness.

Will crypto investors ever refrain from placing blind trust in projects like BOBAOPPA solely based on celebrity endorsements?

Binance strategically exits Russia, selling to CommEX amid regulatory challenges and speculation.

A case involving digital collectibles surfaced, shedding light on a deceptive fundraising scheme. Unaware bidders, lured into impulsive investments, found themselves unwitting participants in a pyramid scheme. Investigations revealed that the platform in question absorbed over 1.34 million yuan from thousands of users, resulting in a total loss of more than 410,000 yuan for the victims.

Singapore's central bank head forecasts the decline of private cryptocurrencies for their unreliability. He envisions a future with regulated coins and central bank digital currencies, echoed by Rao, from India's Reserve Bank. The FSB flags risks from complex crypto firms, emphasising the need for robust regulations. The shift towards regulated digital currencies is clear, yet strong oversight remains crucial.

Inferno Drainer's shutdown highlights challenges and opportunities in combating cryptocurrency fraud, leaving the community with a mix of relief and vigilance.

In the aftermath of Binance founder Changpeng Zhao (CZ) announcing his resignation and intent to plead guilty to violating anti-money-laundering laws, a new player emerged on the scene – the CZ token.

Bitget strategically withdraws from Hong Kong, navigating regulatory changes, marking a pivotal shift in the cryptocurrency landscape.

Chinese hackers deploy a deceptive Skype app, leading to a sophisticated phishing scam that exploits cryptocurrency users.

Luno was found to have been negligent in holding the plaintiff's funds.