Category: Latest news

[ad_1] Ad A third of Americans who own or have owned cryptocurrency have fallen victim to scams and theft, according to a recent survey by cybersecurity firm Kaspersky. The survey released by the security firm found that a third of respondents have had their crypto assets stolen, with the average value of the theft being…

[ad_1] Ad On-chain data shows that addresses related to Binance are recording outflows following the lawsuit filed against it by the Commodity Futures Trading Commission (CFTC). Crypto intelligence platform Arkham Intelligence dashboard showed that the value of the wallets connected to the crypto exchange decreased by $1.46 billion since the news broke. According to the…

[ad_1] Ad Justin Sun does not believe the U.S. fraud charges levied against him will impact Huobi Global’s license application in Hong Kong, Nikkei Asia reported on March 27. However, lawyers believe otherwise and told the newspaper that the Hong Kong Securities and Futures Commission (SFC) will be hesitant to approve a license under current…

[ad_1] The Commodity Futures Trading Commission (CFTC) has filed a complaint against Binance over allegations of regulatory violations. A civil action was filed with the District Court of the Northern District of Illinois named Changpeng Zhao (CZ), Samuel Lim, and three Binance companies in the lawsuit. It alleged that the defendants had facilitated trading and…

[ad_1] Ad Nvidia’s Chief Technology Officer, Michael Kagan, has expressed a negative view on cryptocurrencies, stating that they do not “bring anything useful for society,” whereas “AI does.” Crypto isn’t ‘useful for society’ According to Kagan, AI applications such as the chatbot ChatGPT have more value than mining crypto. Kagan’s comments are not too surprising…

[ad_1] Ad Digital asset investment products broke its six-consecutive-week of outflows strike and recorded $160 million in inflows during the week of March 20, according to CoinShares report. Last week’s inflows mark the most significant positive movement since July 2022, as the CoinShares data indicates. Crypto-based investment products have been recording outflows since the beginning…

[ad_1] Quick Take A lot of noise has surrounded Bitcoin’s vast hash rate growth this year. Identifying the hash rate growth over a three-month moving average to cancel out daily incremental moves would put current hash rate adjustment at 52%. Only on two other occasions had more substantial growth for Bitcoin hash rate. In May…

[ad_1] New court filings in the case of Aiden Pleterski — the self-proclaimed ‘Crypto King’ of Canada — reveal previously undisclosed details of his kidnapping and torture — which occurred over three days December 2022 as a result of a botched crypto investment scheme. Crypto King Pleterski, once touted as the “Crypto King” by his…

[ad_1] Ad Italy led the charts as the highest crypto trading volume per person during the fourth quarter of 2022 with $111,265, according to a recent study from BitcoinCasinos. The U.K. and the U.S. are ranked second and third with $91,716 and $73,279, respectively, as the data from BitcoinCasinos report indicates. Crypto trading in Q4’22…

[ad_1] Ad On March 27, Changpeng Zhao (CZ) tweeted, “When one door closes, other ones open,” concerning the ongoing crypto cull by U.S. banks. In this case, the open(ing) door is Chinese state-owned banks actively wooing crypto firms, per the Straits Times. Operation Chokepoint 2.0 In recent weeks, U.S. regulators have filed multiple enforcement actions…