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China Embraces Hong Kong’s Crypto Hub Ambitions
Despite the Chinese government’s blanket ban on cryptocurrencies and industry-related activities in the country’s mainland, neighboring Hong Kong appears to be on track to become a cryptocurrency hub. Hong Kong Stands on Its Own On Tuesday, Bloomberg reported that the... -
Latest Report Reveals OneCoin Founder Ruja Ignatova, Dubbed the ‘Crypto Queen,’ Died in 2018
Recent evidence suggests that the founder of OneCoin, Ruja Ignatova, was allegedly murdered on a yacht in November 2018. A yacht is a vessel used for pleasure, cruising, or racing, either sailing or powered. Ignatova, also known as the "Crypto... -
BTC Rally Sees It Flip VISA for the Third Time
The incredible recovery of the crypto market has benefited Bitcoin (BTC) in particular, with the leading cryptocurrency's market cap recently surpassing that of payment processor VISA. A Never-Ending Tussle The year 2022 was challenging for the crypto space. With the... -
After Musk’s Twitter Blue, Now Zuckerburg Comes Up with Meta Verified
In a Facebook post, Meta Platforms (NYSE: META) CEO Mark Zuckerburg announced a new paid subscription called “Meta Verified.” The verification service is similar to Twitter Blue. Instagram and Facebook users would need to submit a government identity card to... -
Sony Network Communications and Astar Network Team Up to Launch Joint Web3 Incubation Program
Sony Network Communications and Astar Network have joined forces to launch a new Web3 incubation program. The partnership aims to provide startups with resources and support for developing blockchain and decentralized applications, with a focus on enhancing user experience and... -
SEC Charges Terraform Labs and CEO Do Kwon for Alleged Stablecoin Fraud
The United States Securities and Exchange Commission (SEC) has filed a lawsuit against stablecoin operator Terraform Labs and its founder, Do Kwon, for allegedly promoting a multi-million dollar fraud using crypto assets. Lawsuit Against Terraform Terraform Labs, the Singapore-based company... -
SEC Proposes New Asset Custody Rules Targeting Crypto Firms
As part of its continued crackdown on the cryptocurrency sector, the Securities and Exchange Commission (SEC) has proposed rules that would make it more difficult for crypto firms to custody assets. Exchanges Need to Register SEC Chairman Gary Gensler issued... -
Fund Managers Sell Rivian Stock Even as Barclays Terms It ‘Next Tesla’
The Q4 2022 13F filings have shown that David Einhorn of Greenlight Capital has exited Rivian (NYSE: RIVN) while George Soros has trimmed his positions. Barclays is meanwhile bullish on RIVN and sees it as a likely candidate to be... -
$1.4 Million Linked to Lazarus Group Frozen on Binance and Huobi
Binance and Huobi Global, two leading cryptocurrency exchanges, have announced the retrieval of over $1 million in crypto stolen by the infamous North Korean-based hacker outfit Lazarus Group. Swift Action Against an Industry Villain On Tuesday, top blockchain forensics firm... -
Financial Conduct Authority and West Yorkshire Police Crack Down on Illicit Cryptocurrency ATMs in the UK
The Financial Conduct Authority (FCA) and West Yorkshire Police have teamed up to put an end to unregistered cryptocurrency firms operating illegally in the United Kingdom, with a particular emphasis on identifying and closing down illicit cryptocurrency ATMs. This collaboration...
