SEC Targets Crypto Executive in $198 Million Ponzi Case The world of cryptocurrencies has been a hotbed of innovation and opportunity, but it is not without its pitfalls. Recently, the SEC set its sights on a prominent crypto executive in a staggering $198 million Ponzi case. PGI Global, a company that promised lucrative returns on […]
Slovenia’s crypto-friendly status faces test with new tax proposal
Slovenia’s Crypto-Friendly Status Faces Test with New Tax Proposal Slovenia has long been hailed as a haven for cryptocurrency enthusiasts, with its progressive stance on digital assets attracting a growing number of investors and blockchain startups to the small European nation. However, the country’s crypto-friendly status is now facing a critical test as the government […]
Pro-crypto Paul Atkins sworn in as SEC Chair
Pro-crypto Paul Atkins sworn in as SEC Chair Paul Atkins, a seasoned veteran with over 20 years of experience in capital markets, has recently been sworn in as the Chair of the U.S. Securities and Exchange Commission (SEC). His appointment comes at a crucial time when the world of finance is undergoing a rapid transformation, […]
Lucy Powell’s X account hacked in crypto scam
Lucy Powell’s X Account Hacked in Crypto Scam Lucy Powell, a prominent figure in the finance world, recently fell victim to a cryptocurrency scam that has sent shockwaves through the industry. The $HCC cryptocurrency was shamelessly promoted through Powell’s hacked account, leading to a series of fraudulent transactions that have left many questioning the security […]
China and Russia turn to Bitcoin for energy transactions
China and Russia Lead the Way in Using Bitcoin for Energy Transactions In recent years, the world has witnessed a significant shift towards digitalization across various industries, and the energy sector is no exception. One of the most intriguing developments in this realm is the increasing use of Bitcoin and other cryptocurrencies to facilitate energy […]
New rules in Thailand aim to tackle foreign P2P crypto services
New Regulations in Thailand to Regulate Foreign P2P Crypto Services In a bold move to combat online financial crimes and tighten control over digital asset businesses, the Thai Securities and Exchange Commission (SEC) has recently approved new emergency decrees. These regulations specifically target foreign peer-to-peer (P2P) crypto services operating within the country’s borders. The aim […]
New Hampshire House approves Bitcoin reserve bill
New Hampshire House Approves Bitcoin Reserve Bill In a bold move towards embracing the digital economy, the New Hampshire House has recently approved the groundbreaking Bitcoin reserve bill, known as HB302. This bill could potentially authorize up to 10% of the state funds to be allocated to digital assets, specifically Bitcoin. This decision marks a […]
Malware hidden in fake Office add-ins targets crypto users
Malware Hidden in Fake Office Add-ins Targets Crypto Users In the ever-evolving landscape of cybersecurity threats, cybercriminals have found a new way to target cryptocurrency users. By utilizing SourceForge, a popular platform for hosting open-source software projects, these threat actors are distributing malware disguised as fake Office add-ins. This malicious software operates by silently hijacking […]
EU issues renewed warning over crypto risks
EU Raises Concerns Over Crypto Risks: Is Financial Stability at Stake? In a recent development, Natasha Cazenave, a prominent figure at the European Securities and Markets Authority (ESMA), has sounded the alarm on the risks associated with cryptocurrencies. Despite the fact that over 95% of banks in the European Union are steering clear of crypto […]
South Korea’s pension fund to explore blockchain integration
South Korea’s National Pension Service (NPS), one of the largest pension funds globally, is set to explore the integration of blockchain technology into its operations. This move comes as the number of crypto investors in South Korea has exceeded 16 million, indicating a growing interest in digital assets within the country. However, the NPS is […]