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Hong Kong Police Issues Warning Notice After Binance Traders Loses $446K to Phishing Scam
Hong Kong Police have released a cautionary notice after 11 Binance traders fell victim to text message phishing scams. These scams have resulted in losses totaling $446,000 in the last two weeks. $3.5 Million Hong Kong Dollars Stolen in Two... -
Singapore’s Monetary Authority Grants Full Crypto License to Ripple, Signaling Wider Adoption
The Monetary Authority of Singapore (MAS) has given Ripple the green light to offer cryptocurrency services. Ripple, a company specializing in blockchain-based solutions, happily shared this news. They clarified that their Singapore-based subsidiary, Ripple Markets APAC Pte Ltd., has been... -
FCA Flags Huobi, Over 140 Crypto Exchanges as Unauthorized Firms for Trading
The United Kingdom’s financial regulator, the Financial Conduct Authority (FCA), has expanded its warning list by including 143 entities that operate as unauthorized cryptocurrency exchanges. Prominent platforms like Huobi and KuCoin are among those investors “should avoid.” The warning list... -
EV Price War Set to Escalate as Tesla Cuts Price Yet Again
The price war in the electric vehicle (EV) industry might intensify as Tesla (NYSE: TSLA) has yet again lowered car prices in the US. The Elon Musk-run company has cut prices several times over the last year which has triggered... -
ESMA Rolls Out Second Consultative Paper on MiCA
Europe’s premier market regulator, the European Securities and Markets Authority (ESMA), has released its second consultative paper regarding cryptocurrencies. Five Key Areas Considered for MiCA Regulation In an October 5 release, the European Securities and Markets Authority (ESMA) introduced its... -
Scammer Attack Friend.tech Users in Latest SIM Swap Scourge, Stealing $385K in ETH
Amidst the recent surge in SIM swap hacks, a scammer has made off with roughly $385,000 worth of ETH in under 24 hours. The victims of this cyber theft were users of Friend.tech, a decentralized social network for crypto enthusiasts.... -
Rivian Stock Slides After Company Plans a $1.5 Billion Capital Raise
Rivian stock (NYSE: RIVN), which rose over 9% yesterday, is down by a similar quantum in US premarket price action today after the company announced a $1.5 billion convertible note offering, its second capital raise of the year. In a... -
OFAC Sanctions Bitcoin Wallets Used By Chinese Companies and Nationals for Fentanyl Trafficking
The US Department of Treasury has announced a new round of indictment of Bitcoin wallets used in transferring funds for illicit drug production. China-based Companies and Employees Indicted In an October 3, 2023 press release, the Office of Foreign Assets... -
Elon Musk and Robert Kiyosaki’s Shared Perspective: Fiat Currency as a Hidden Scam
Elon Musk, the CEO of Tesla and SpaceX, thinks that fiat or regular money, like the U.S. dollar and others, is a trick that we have all gotten used to without even noticing. Interestingly, he is not alone in this... -
Sygunm Subsidiary Receives Major Payment Institution License
Sygnum Singapore, a subsidiary of the top Swiss-based cryptocurrency bank, has recently received a license to offer crypto-related services to investors in the Asian nation. Sygnum Grabs MPIL From MAS According to an announcement shared on its platform, Sygnum Singapore...
