The U.S. Federal Reserve and Federal Deposit Insurance Corporation (FDIC) recently ordered crypto lender Voyager Digital to stop spreading misinformation about it being insured by the government among its customers. The regulatory bodies clearly confirmed that there was no government accountability involved if crypto lender Voyager’s customer funds were at …
Read More »Kazakhstan Crypto Mining Hotel Probed Due To Ponzi Scheme
A Kazakhstan crypto mining hotel has faced a probe recently as it is suspected of being involved in Ponzi scheme activities. It is considered as one of the serious crypto-related crimes that any organization may choose to undertake. This is why the nation’s authorities decided to investigate the matter to …
Read More »South Korea’s First Arrests In A Crypto Crime Case
South Korean prosecutors recently made their first arrests in the country concerning a crypto crime case that focuses on illegal crypto-related activities that might have wiped off billions. The accused party was suspected of carrying out illegal foreign-exchange transactions worth $3.4 billion. South Korean Crypto Crime Case Overview Three people …
Read More »FBI Asks For Bitcoin Wallet Information Of Ransomware Attackers
Three federal agencies in the United States, viz., the Federal Bureau of Investigation (FBI), the Cybersecurity and Infrastructure Security Agency, and the Multi-State Information Sharing and Analysis Center have jointly issued an advisory asking for the Bitcoin wallet information of the ransomware attackers to curb the growing ransomware attacks. The …
Read More »US Senators Want Reduced Crypto Scams On Meta-Owned SM Platforms
Senate democrats from the US Senate have interrogated Mark Zuckerberg, the CEO of Meta, on the business’s policies for handling crypto scams. U.S. Senators On Crypto Scams U.S. Senators including Sherrod Brown, Dianne Feinstein, Elizabeth Warren, Bernie Sanders, Robert Menendez, and Cory Booker reportedly called for Mark Zuckerberg, the CEO …
Read More »Terra Founder Do Kwon Arrest Warrant Issued By South Korea
Terra Founder Do Kwon arrest warrant has been issued by a court in South Korea. The move came as shocking to the crypto market followers as such an update was not expected after the recent surge of Terra Ecosystem cryptos. However, some did expect such a thing to happen due …
Read More »Interpol Red Notice Issued For Do Kwon
All is not well for Do Kwon, the Terra Founder, it seems. The International Criminal Police Organization (Interpol) has recently issued a red notice for Do Kwon. The Interpol red notice issuance is a move that is in line with the arrest warrant that was issued a few days ago. …
Read More »Blockchain Hacking: Nearly $500 Million Lost In Q3 2022
Blockchain hacking is becoming much more common than ever. This is why a lot of crypto funds have been drained into the hands of hackers. The crypto market is in a deep slumber and still, and the hackers in this domain have still not ceased their activities to profit from …
Read More »Deribit Crypto Exchange: $28Mn Hot Wallet Hack, No Cash Out!
Deribit crypto exchange, which is one of the major digital currency trading platforms, stated that its hot wallet had been hacked and thereafter it halted withdrawals on the platform. The organization has faced a loss of $28 million due to the recent hack. Further details have been noted in the …
Read More »CoinMarketCap Hack: Prices Touched Skies Because Of The Latest Glitch
For a small span of time, crypto holders around the globe were multi billionaires and millionaires as data from the chief crypto price aggregator CoinMarketCap portrayed some dazzling figures for the values of crypto along with their market data and capitalization. Experts predict that there are chances of a CoinMarketCap …
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