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Fed Report Explores How Crypto Price Changes Affect Ownership

A report by the Federal Reserve Bank of Philadelphia’s Consumer Finance Institute found that cryptocurrency ownership declined during market downturns, despite price increases in bitcoin. Data from multiple surveys showed…

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Pavel Durov Speaks Out Following Paris Arrest Over Telegram’s Legal Issues

Pavel Durov, founder and CEO of Telegram, made his first public statement after his arrest in Paris. He was questioned by French authorities for four days over claims that he…

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FTC Urges Caution as Bitcoin ATM Fraud Cases Skyrocket

The Federal Trade Commission (FTC) has reported a sharp rise in scams involving bitcoin ATMs, with fraud losses increasing nearly tenfold from 2020 to 2023 and exceeding $65 million in…

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Nigerian Scammer’s Crypto Wallet Seized by Kansas Attorney General

Kansas Attorney General Kris Kobach announced the recovery of an international crypto wallet and stated that the funds will be returned to a Kansas resident defrauded in a crypto scam.…

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Swiss Bank ZKB Partners With Crypto Finance to Launch Crypto Asset Brokerage

Zürcher Kantonalbank (ZKB), Switzerland’s largest cantonal bank, has partnered with Crypto Finance AG to offer crypto asset brokerage services. By partnering with Crypto Finance AG, ZKB gains access to an…

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FBI Warns of Sophisticated North Korean Cyber Attacks Targeting Crypto, Defi, ETFs

The FBI has issued a new warning about North Korea’s cyber campaigns targeting the cryptocurrency sector. The agency highlighted the use of sophisticated, hard-to-detect social engineering tactics to deploy malware…

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China Urged to Establish Unified Crypto Regulations for Seized Digital Assets

A law professor at the East China University of Political Science and Law has highlighted the urgent need for China to standardize procedures for recovering illicit digital assets due to…

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2024 Presidential Race Predictions Powered by AI: Chatbots Now Favor Harris Over Trump

Thirty-nine days ago, on July 27, 2024, Bitcoin.com News posed a question to a few AI-powered chatbots: Who will win the U.S. presidential election in 2024? At that moment, the…

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Low Investment Threshold, Greater Financial Control Lure Aussies to Crypto, Study Finds

The report indicates that Australia has a higher cryptocurrency adoption rate with one in every five current or past crypto holders. Key factors driving adoption include the relatively low investment…

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South Korea Investigates Telegram Over Deepfake Crime Allegations

South Korean police are investigating Telegram for allegedly facilitating deepfake sex crimes. They plan to work with French investigators following the detention of Telegram founder Pavel Durov in France for…

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