Blockchain security firm SlowMist has cautioned about a surge in phishing attacks carried out by impostors posing as journalists on the recently launched decentralized social network friend.tech. It was first flagged on October 14, when Twitter user Masiwei reported a malicious code targeting friend.tech for account theft. As per the …

Since FTX’s bankruptcy on November 11, 2022, significant developments have unfolded. FTX founder Sam Bankman-Fried has been swiftly convicted on seven criminal charges, potentially facing a prison sentence of up to 110 years. The federal criminal case, marked by unusual efficiency, resulted in a conviction within a year of FTX’s …

The Indian government has lost $420 million in what could have been a substantial revenue stream as a result of its taxation, forcing traders to move their transactions outside the country. Experts are now suggesting that the Indian government should take a more relaxed approach to its controversial stance on …

Ripple is partnering with payments fintech Onafriq, formerly known as MFS Africa, to facilitate digital asset-enabled cross-border payments connecting Africa to several new markets, such as the Gulf Cooperation Council (GCC), the UK, and Australia. The collaboration is expected to introduce quicker, more effective, and economical global money transfers to …

Roger Ver, aka “Bitcoin Jesus” filed a lawsuit in the Seychelles last August against a branch of Matrixport, a company associated with billionaire Jihan Wu. The decision was prompted by Ver’s inability to access $8 million from Matrixport’s derivatives-focused subsidiary, bit.com, during the crypto market’s drawdown in 2022. The legal …

October witnessed significant advancements in the industry owing to the launch of six ETH Futures ETFs, offering investors a chance to delve into Ether futures. Bitcoin responded positively to the developments. Further gains were fueled by speculations about BlackRock’s application approval of a spot BTC ETF in the United States. …

The proactive approach to framing crypto-specific guidelines comes as a respite after years of conversations about an outright ban on the sector that was initially mooted by the Reserve Bank of India. The Indian government may have shelved its plans to impose a blanket ban on crypto, but there’s still …

The chilling winds of crypto winter continue to sting projects, prompting several of them to take a hard look at downsizing or ceasing operations entirely. A decentralized content-sharing and publishing platform – LBRY – is the latest one to succumb to the market condition. The company behind the LBRY blockchain …

In a wild twist of fate, the crypto world’s foundation trembled as the FTX empire crumbled last year, leaving its founder, Sam Bankman-Fried, standing trial for a fraud of epic proportions. The US government asserts that this disgraced crypto mogul orchestrated one of the grandest financial deceptions in history, while …

As FTX and its disgraced founder, Sam Bankman-Fried’s courtroom drama continued to unfold in Manhatten, revealing astonishing details that led to the crypto giant’s unraveling, elsewhere, the trail of stolen funds from the exchange has been found to have a Russian connection. FTX filed for bankruptcy on November 11, 2022. …

In a move aimed at aiding diverse crowds entering the crypto space, Trezor has unveiled a trio of innovative products. These releases coincide with the 10th anniversary of the introduction of the first Bitcoin hardware wallet by the company, a move depicting its plans to make self-custody more accessible. The …

Latin America holds the seventh position among all regions in terms of the global crypto economy rankings by Chainalysis. It ranks ahead of only Sub-Saharan Africa but closely follows regions such as MENA, Eastern Asia, and Eastern Europe. In comparison to other regions, Latin America’s crypto economy has remained relatively …