Auto Added by WPeMatico

Hungarians Interested in Investment Potential of Cryptocurrencies, Poll Shows

A survey has indicated that Hungarians would like to learn more about the long-term investment opportunities presented by cryptocurrencies. However, associated risks and insufficient information in their native language are…

Continue ReadingHungarians Interested in Investment Potential of Cryptocurrencies, Poll Shows

Bitconnect Victims to Receive Over $17 Million in Restitution From Ponzi Scheme

More than $17 million in restitution will be distributed among investors in the pyramid scheme Bitconnect under a court order in the United States. The notorious crypto investment scheme defrauded…

Continue ReadingBitconnect Victims to Receive Over $17 Million in Restitution From Ponzi Scheme

New York Attorney General Sues Celsius Co-Founder Alex Mashinsky for Crypto Fraud

On Jan. 5, 2023, the state of New York and attorney general Letitia James filed a lawsuit against Alex Mashinsky, the co-founder and former CEO of Celsius. The lawsuit claims…

Continue ReadingNew York Attorney General Sues Celsius Co-Founder Alex Mashinsky for Crypto Fraud

Global Cryptocurrency Trade Volumes Saw a Significant Decline in December 2022

According to statistics, daily cryptocurrency trade volumes have dropped significantly during Dec. 2022. On Jan. 1, data shows that $22.95 billion was traded in the last 24 hours, compared to…

Continue ReadingGlobal Cryptocurrency Trade Volumes Saw a Significant Decline in December 2022

SEC Charges Gig Economy Platform for $2.6 Million Unregistered Coin Offering

The U.S. Securities and Exchange Commission (SEC) has charged Thor Technologies and its co-founders with conducting an unregistered securities offering. In 2018, the company minted and sold tokens to raise…

Continue ReadingSEC Charges Gig Economy Platform for $2.6 Million Unregistered Coin Offering

Italy and Albania Bust €15 Million Crypto Investment Scam

Authorities in Italy and Albania have hit a fraud scheme enticing victims with promises of low-risk investments in cryptocurrencies. During an operation coordinated by Eurojust, investigators from the two countries…

Continue ReadingItaly and Albania Bust €15 Million Crypto Investment Scam

Amid Withdrawals, Binance CEO Warns of Bumpy Months Ahead

Binance founder Changpeng Zhao (CZ) has reportedly told staff to expect some difficult months as the leading cryptocurrency exchange is seeing customer withdrawals. The warning comes while the crypto industry…

Continue ReadingAmid Withdrawals, Binance CEO Warns of Bumpy Months Ahead

Constant Blackouts Have Ruined Cryptocurrency Mining Investments in Cuba

Several small investors have manifested that the constant blackouts in several parts of Cuba have made cryptocurrency mining unsustainable, leaving them unable to operate their rigs. The blackouts also affect…

Continue ReadingConstant Blackouts Have Ruined Cryptocurrency Mining Investments in Cuba

Report: Crypto Financial Services Firm Matrixport Seeks $100 Million in Funding

Crypto firm Matrixport Technologies is reportedly seeking $100 million in funding, according to people familiar with the matter. Sources detailed that the company already secured commitments from investors for roughly…

Continue ReadingReport: Crypto Financial Services Firm Matrixport Seeks $100 Million in Funding

Albanian Court Approves Extradition of Crypto Exchange Thodex Founder to Turkey

A court in Albania has ordered the extradition of the fugitive founder of cryptocurrency exchange Thodex to Turkey, where he is sought for fraud and other crimes. Faruk Ozer was…

Continue ReadingAlbanian Court Approves Extradition of Crypto Exchange Thodex Founder to Turkey