India is intensifying efforts to curb pig butchering scams, a form of investment fraud that leverages crypto, by collaborating with tech giants Google and Facebook. According to the Indian Union Home Ministry’s 2024 annual report, these scams primarily target vulnerable…
Coinbase expanded its presence in Europe on Friday with the acquisition of BUX Europe Limited (BEU), a Cyprus-based subsidiary of BUX, according to a report by Finance Magnates. Source: Cyprus Securities and Exchange Commission The rebranded entity, now called Coinbase…
Among many illicit methods that thieves utilize to get their hands on others’ cryptocurrency, phishing was the most successful one by far in 2024. 2024 saw a loss of $2.36 billion in total across 760 on-chain security incidents. This is…
The CEO of Bitcoin mining firm MARA Holdings, Fred Thiel, has recommended retail investors to embrace a “buy and hold” strategy when investing in Bitcoin (BTC). In a Jan. 2 interview with FOX Business, Thiel noted Bitcoin’s robust long-term price…
XRP has regained its position above Tether (USDT), securing the third spot in cryptocurrency market capitalization according to data from Cryptonews.com. Source: Cryptonews.com With a market cap of $141.1 billion, XRP has outpaced Tether’s $137.1 billion, reflecting its growing momentum…
Crypto.com has launched stock and exchange-traded fund (ETF) trading for U.S. users in Pennsylvania, Ohio, Washington, and Arizona, announced on Thursday, January 2, 2025. The company plans to expand the feature nationwide, offering zero-commission trades, fractional shares, and securities transfers…
The co-founder of Terraform Labs, Do Hyeong Kwon, was extradited to the United States on December 31st last year and now faces multiple federal fraud charges that could lead to a prison sentence of up to 130 years. Kwon, a…
A new crypto scam is gaining traction in the YouTube comments section, using a deceptive trick involving multi-signature wallets to lure unsuspecting victims. Cybersecurity firm Kaspersky recently uncovered the scheme, which targets individuals who attempt to exploit shared seed phrases.…
Virtuals Protocol, a blockchain firm specializing in artificial intelligence agents, has resolved a critical bug in one of its audited smart contracts. A pseudonymous security researcher identified a critical vulnerability in the project audited contract, prompting an urgent fix. The…
The Frax community has approved a proposal to use BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) as collateral for its upcoming frxUSD stablecoin. The proposal, known as FIP-418, passed unanimously after six days of voting, the team said in an…