Delhi Police Arrest 7 in Crypto Fraud
Delhi police have arrested seven individuals, including a contractual bank employee, for allegedly defrauding a man of ₹91 lakh ($111,000) by promising high returns in stock and cryptocurrency trading. The…
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New Virtual Asset Protection Act Takes Effect in South Korea
South Korea’s Act on the Protection of Virtual Asset Users went into effect on July 19, 2024, aiming to protect users and ensure market stability. Initially revised in 2021 to…
African Union Approves Continent’s Artificial Intelligence Strategy
The African Union (AU) has approved its Continental Artificial Intelligence (AI) Strategy and African Digital Compact to drive Africa’s digital development. These initiatives aim to accelerate digital transformation by leveraging…
Bitcoin Cash (BCH) Conference 2024 Coming to Buenos Aires, Argentina in October
The highly anticipated Bitcoin Cash (BCH) Conference is set to take place in Buenos Aires, Argentina from October 12 to October 14, 2024. The event, hosted at the stunning Calima…
HTX Is Developing an Apple Vision Pro Crypto Exchange Concept
In a recent social media post, Justin Sun, the crypto entrepreneur, shared his experience with the HTX app on his Apple Vision Pro. He expressed his satisfaction with the app’s…
Former Finance VP Pleads Guilty to Embezzling $4 Million From Crypto Firm
Dylan Meissner, 31, of Westport, has pleaded guilty to fraud in Hartford federal court, the U.S. Department of Justice (DOJ) announced. Meissner, a former Vice President of Finance at a…
2 Foreign Nationals Plead Guilty in Lockbit Ransomware Case
Two foreign nationals pleaded guilty in Newark federal court regarding their participation in the Lockbit ransomware organization, the U.S. Department of Justice (DOJ) revealed on Thursday. Russian citizen Ruslan Magomedovich…
SEC and 100 Agencies Form Council to Combat Securities Fraud
The U.S. Securities and Exchange Commission (SEC) has established the Interagency Securities Council (ISC) to enhance coordination among federal, state, and local agencies on securities fraud. The ISC aims to…
Rho Markets Pauses Platform After Attacker Siphons $7.6 Million in Digital Assets
The digital asset security platform Cyvers Alerts disclosed on July 19 that Rho Markets’ liquidity layer on Scroll had been exploited after hackers took control of an oracle access control.…
Real Estate Tokenization Platform Enters Kenyan Regulatory Sandbox
Ownmali, a blockchain-enabled real estate tokenization platform, has been admitted into the Capital Markets Authority of Kenya (CMA Kenya) Regulatory Sandbox. Ownmali aims to foster greater inclusivity in real estate…
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