Crypto scammers abuse 'lax' UK company laws to fool victims: Report
A joint investigation by the Bureau of Investigative Journalism and the Observer suggests the United Kingdom hosts 168 companies accused of running fraudulent crypto or forex scams, with half linked to pig-butchering scams.
Cardano-Based Djed Stablecoin Attracts 27M ADA Tokens as Reserve Backing
Djed started on Tuesday and has a collateral backing ratio of 600% at the time of writing.
Founder of $7.5M 'brazen fraud scheme' to see 8 years behind bars
Convicted crypto fraudster Randall Crater will undergo a 100-month stint behind bars after being sentenced by a U.S. Federal Court Judge. A total of 55 investors fell prey to Crater’s $7.6 million fraud scheme.
Justice Department Responds To Bankman-Fried's Camp's Attempt To Remove Bail Modifications
The DOJ reportedly requested that a bail condition preventing Sam Bankman-Fried from accessing or transferring assets at FTX and the crypto hedge fund he founded, Alameda Research, be left in place.
Toyota to Experiment With Blockchain Use Cases by Sponsoring Astar Network's Hackathon
The auto giant may use technology developed from the hackathon for its internal use.
DOGE Rallies As Elon Musk Pushes Twitter Payments System, Crypto Integration To Happen Later
A report said that Musk has already formed a small team to look into the possibility of Twitter pivoting toward digital payments and processing that could include cryptocurrency.
ARK Invest Maintains Prediction That Bitcoin Prices Will hit $1M by 2030
A new report by Cathie Wood’s growth-focused fund outlines how bitcoin continues to outperform every other major asset class.
Bitcoin and Hang Seng's Stalled Rally Might Mean Wider De-Risking Ahead, TradFi Firm Says
Failures in BTC and Hang Seng are technical warnings signs that these early 2022 halcyon vibes may not last all year, one observer said.
Britain sets out plans to regulate crypto industry in wake of FTX collapse
In December, a U.K. minister suggested FTX's failure had reinforced the need for urgent crypto regulation. Now, the government has unveiled its plans.
Why is a global approach to crypto regulation needed, according to India’s Economic Survey?
The survey’s thoughts on crypto regulation relevant in ascertaining the government’s approach towards cryptocurrencies The post Why is a global approach to crypto regulation needed, according to India’s Economic Survey? appeared first on MediaNama.
Toyota to explore blockchain use cases via DAO hackathon
Toyota is getting involved in a Web3 hackathon by the Astar Network to see how DAO tools could improve its vehicle manufacturing operations.
Musk Is Open to Adding Crypto Functionality to Twitter Payments System
Twitter reportedly is seeking extensive regulatory approval for its payment system throughout the United States.
