$12.1M fraud suspect with ‘new face’ arrested, crypto scam boiler rooms busted: Asia Express

"The load on our systems are way too much," said CEO Nischal Shetty. 1212 Total views 13 Total shares Major Indian crypto exchange WazirX experienced disruptions caused by system failures for more than four hours Sunday. In a tweet at 5:24 PM UTC, WazirX CEO Nischal Shetty reported that the crypto exchange had “hit some internal…

Binance Holdings has dropped its defamation lawsuit against Forbes regarding the publication of an article that alleged the exchange purposely sought to evade U.S. regulators. 806 Total views 8 Total shares The world’s largest cryptocurrency exchange, Binance, has dropped its defamation lawsuit against news publication Forbes and two of its journalists, according to official court…

Bitcoin experienced two massive mining difficulty adjustments recently. Is this something to be concerned about? Before the recent halving, many were prophesying a so-called “death spiral” for Bitcoin. This theory hinges on the idea that the halving of the block reward leads to an exodus of miners due to the sudden unprofitability of mining activities.…

Bitcoin’s (BTC) rally in 2023 has been boosted by expectations that the United States Federal Reserve will slow down the pace of its rate hikes as inflation has started cooling down. Some even anticipate a rate cut by the end of the year. That assumption received a jolt on Feb.3 when the U.S. employment data…

NFT sales in June alone have eclipsed those for the entire first half of 2020 for the OpenSea marketplace. 230 Total views 5 Total shares Sales of nonfungible tokens (NFTs) have surged to record highs in the first half of 2021.There has been $2.5 billion in NFT sales in the first six months of this…

Headquartered in Switzerland, FTX Europe will offer FTX products in Europe, including crypto derivatives services. 69 Total views 2 Total shares The global crypto derivatives and spot trading exchange FTX is expanding to Europe after receiving approval from the Cyprus Securities and Exchange Commission (CySEC).The new venture called FTX Europe would offer leading products of…

Move over DC and Marvel: a fledgling company wants to create a comic book universe where crypto and blockchain are at its center – building an immersive experience for readers with a whole new suite of coveted collectibles.Tokenville says comics offer an exciting format for entertaining crypto enthusiasts, not to mention enlightening those who are…

This is the second crypto investigation the U.S. securities regulator dropped this week.