Nokia, the Finnish telecommunications giant, has taken a significant step into digital asset security. The company has filed a patent for a “device, method, and computer program” designed to encrypt digital assets. China’s National Intellectual Property Administration (CNIPA), the country’s…
Two California men, Gabriel Hay and Gavin Mayo, have been indicted for reportedly defrauding investors in several NFT rug pull schemes that saw $22 million drained from victims, December 20 Los Angeles court documents reveal. Gabriel Hay, Gavin Mayo Arrested…
MicroStrategy, the largest corporate holder of Bitcoin, has added another 5,262 BTC to its reserves, spending $561 million at an average price of $106,662 per Bitcoin. In a Monday post on X, MicroStrategy co-founder Michael Saylor said that the latest…
Canadian firm Matador Technologies Inc. (TSXV: MATA) has announced a bold step to strengthen its corporate treasury by investing $4.5 million in Bitcoin. The Toronto Stock Exchange listed firm said it will transition the majority of its cash reserves from…
The crypto industry witnessed losses totaling $1.49 billion in 2024 due to hacks and fraud, marking a 17% decrease from 2023. According to a report by blockchain security platform Immunefi, hacks were overwhelmingly the primary cause, accounting for $1.47 billion…
Bullish, the parent company of leading cryptocurrency publication CoinDesk, has abruptly dismissed three senior editors, including Editor-in-Chief Kevin Reynolds, amid growing controversy over editorial independence. Fortune reported on Friday that the layoffs also affected Deputy Editors-in-Chief Nick Baker and Marc…
HEX, the cryptocurrency founded by Richard Schueler, known as Richard Heart, saw its price surge by 15% within 24 hours of Interpol issuing a Red Notice for Schueler. The notice, requested by Finnish authorities, cites allegations of tax fraud and…
Botswana’s central bank has called for crypto regulations to mitigate future risks, even though the local cryptocurrency market remains relatively underdeveloped and poses “minimal” risks to financial stability at present. In its latest Financial Stability Report, the Bank of Botswana…
CoinMarketCap, a provider of crypto market data, will add new tools to analyse token launches, said the firm in a blog post. Two new metrics will be added in 2025 to its platform. The updates are designed to provide users…
In a surprising twist of debate, Elon Musk has commented on the ongoing speculation surrounding the fate of Sam Bankman-Fried (SBF), the disgraced founder of FTX, on getting a pardon. In response to an X post about Bankman-Fried’s past as…