Auto Added by WPeMatico

Surge in Crypto Scams: FSMA Sees Significant Spike in Recovery Room Fraud

The Financial Services and Markets Authority (FSMA), Belgium’s financial regulatory agency, has published its mid-2024 report, highlighting a significant increase in fraudulent activities, particularly involving trading platforms and cryptocurrency scams.…

Continue ReadingSurge in Crypto Scams: FSMA Sees Significant Spike in Recovery Room Fraud

Russia in the Process of Regulating the Use of Stablecoins for Cross-Border Settlements

Russia is considering adding the subject of stablecoins to an upcoming bill, allowing them to be used officially for completing cross-border payments. Alexey Guznov, Deputy Chairman of the Bank of…

Continue ReadingRussia in the Process of Regulating the Use of Stablecoins for Cross-Border Settlements

Central Bank of Bolivia States Crypto Might Be Beneficial, Remarks Stablecoins Utility as Dollar Proxy

Edwin Rojas Ulo, President of the Central Bank of Bolivia, referred to the recent change in stance that the institution had on crypto and stablecoins. According to reports, Rojas Ulo…

Continue ReadingCentral Bank of Bolivia States Crypto Might Be Beneficial, Remarks Stablecoins Utility as Dollar Proxy

Mt Gox Trustee Transfers $2.7B in Bitcoin, Creating 19th Largest BTC Wallet

On Thursday, the trustee overseeing the Mt. Gox bitcoins transferred about 47,228.73 BTC to an undisclosed address. The transfer, valued at approximately $2.7 billion, leaves Mt. Gox with around 141,687…

Continue ReadingMt Gox Trustee Transfers $2.7B in Bitcoin, Creating 19th Largest BTC Wallet

Opentensor Foundation Addresses Bittensor Security Breach

The Opentensor Foundation, the development team behind the Bittensor chain, has tackled a recent security breach affecting the network, impacting several community members. The foundation insisted that prompt actions were…

Continue ReadingOpentensor Foundation Addresses Bittensor Security Breach

$207 Million Invested in AI, Crypto and Blockchain Startups in 96 Hours

Based on data from the past four days, 14 distinct artificial intelligence (AI), cryptocurrency and blockchain startups and projects secured approximately $207.28 million in investor funding. The leading entity for…

Continue Reading$207 Million Invested in AI, Crypto and Blockchain Startups in 96 Hours

Tron Founder Justin Sun Offers to Buy German Government’s BTC Stash Amid Price Drop

Amid the bitcoin price decline and the German government transferring millions of dollars worth of BTC, Tron founder Justin Sun announced on X that he is prepared to purchase the…

Continue ReadingTron Founder Justin Sun Offers to Buy German Government’s BTC Stash Amid Price Drop

South Africa Approves 63 Crypto Asset Service Provider License Applications

South Africa’s financial services industry regulator announced on July 2 that it had approved an additional 63 crypto asset service provider license applications. The Financial Sector Conduct Authority (FSCA) has…

Continue ReadingSouth Africa Approves 63 Crypto Asset Service Provider License Applications

Nigerian Student Returns 90 Mistakenly Sent Solana Tokens, Rewarded for Honesty

A crypto influencer recently praised a Nigerian student who agreed to return Solana tokens worth several thousand dollars that were mistakenly sent to his crypto wallet. After the influencer revealed…

Continue ReadingNigerian Student Returns 90 Mistakenly Sent Solana Tokens, Rewarded for Honesty