Binance Burns 2.1B Terra Luna Classic (LUNC) Tokens in 18th Batch.
The burn campaign for Terra Luna Classic has reached around 98 billion LUNC.The 100 billion LUNC goal is already within reach of the burn campaign.In the 18th batch of the…
This German Banking Giant Will Offer Crypto Trading Services in 2024: Report.
The wave of banking institutions entering the Bitcoin landscape continues.One of the largest banking groups in Germany intends to launch crypto trading services for interested customers this year. According to…
American Bitcoin Academy Founder Charged With Fraud That Cost Students $1.2 Million.
The U.S. Securities and Exchange Commission (SEC) has charged the founder of American Bitcoin Academy, accusing him of running an online fraudulent crypto scheme that cost students $1.2 million. The…
Police Warn About ‘Crypto Drainers malware’ Stealing Cryptocurrencies From Wallets.
Singapore’s Police Force and Cyber Security Agency (CSA) have issued a joint warning about “crypto drainer” malware, which steals cryptocurrencies from wallets. As digital assets become more popular, “Cybercriminals are…
Bankrupt Genesis Global avoid expenses from the SEC lawsuit.
The agreement lets Genesis avoid expenses from the SEC lawsuit and prioritize repaying customers and creditors.Crypto lender Genesis Global has settled with the U.S. Securities and Exchange Commission (SEC) in…
‘Bitboy’ Say Goodbye to Daily Show Amid Financial and Legal Battles.
Armstrong revealed show’s production costs of $25K/week & monthly legal bills of $100K are straining his finances. Ben Armstrong, widely known as “Bitboy,” has announced the discontinuation of his daily…
Polygon Labs Cuts 19% Of Staff To Reduce Bureaucracy.
Polygon Labs becomes the next crypto firm to announce layoffs, but not as a cost-cutting measure.Polygon Labs – the main development team behind the Ethereum scaling network Polygon (MATIC) –…
Solana’s Phantom Wallet Hit by DDoS Attack, Services Temporarily Disabled.
The team declared that all assets in the Phantom wallet are secure. Until the vulnerability is resolved, Phantom has temporarily disabled several of its services. A Distributed Denial of Service…
UK Police Seized Bitcoin Worth Almost $1.8 Billion From $6.3 Billion China Investment Fraud.
The UK police previously seized 61,000 bitcoin said to be the proceeds of a large-scale Chinese wealth management scam.A Chinese-British woman, Jian Wen, is facing charges in London for allegedly…
USDT Issuer Tether Achieves Whopping $2.9B Net Profit in Q4 2023.
A total of $5.4 billion is now in Tether’s surplus reserves, an increase of $2.2 billion.This is according to its latest attestation report by global auditing company BDO. Tether, the…