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X Bans InfoFi Apps, KAITO Token Slides as Incentivized Posting Ends

X moved to curb incentivized posting on Jan. 15, revoking developer API access for so-called InfoFi apps in a bid to clean up artificial intelligence (AI)-generated spam and reward-driven reply…

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SEC Flags Risks in Crypto and Emerging Tech Investment Scams

The U.S. Securities and Exchange Commission (SEC) is raising alarms about the growing risks of cryptocurrency scams and other investment fraud during World Investor Week 2024. Amid the rising influence…

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Washington State Accuses 2 Cryptocurrency Platforms of Defrauding Investors

Two cryptocurrency platforms face allegations of fraud by Washington State’s Department of Financial Institutions. Both companies allegedly lured investors with promises of huge returns, but later blocked withdrawals and demanded…

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Dutch Regulator Warns of Crypto Pump-and-Dump, New Regulation to Ban These Schemes

The Dutch Authority for the Financial Markets (AFM) has issued a warning about the dangers of pump-and-dump schemes in the cryptocurrency space, as new regulations prepare to target this market…

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Supreme Court of India’s Youtube Channel Hacked to Promote XRP Scam

The Youtube channel of India’s Supreme Court was compromised, promoting a scam involving XRP cryptocurrency instead of its usual live hearings. The breach temporarily shut down the channel, but services…

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Recession Concerns Ignite Amid US Economic Slowdown and Market Volatility

In recent weeks, both economists and technical indicators have hinted that the U.S. may be on the brink of a recession, causing anxiety to ripple through the markets. Meanwhile, over…

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Dogecoin Manipulation Lawsuit Against Elon Musk and Tesla Dismissed

Elon Musk and Tesla Inc. successfully had a lawsuit dismissed that accused them of manipulating the price of dogecoin (DOGE) for personal gain. A U.S. District Judge in Manhattan ruled…

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