Aussies lost $122 million to crypto scams in the last 12 months: AFP
The Australian Federal Police revealed that scammers are using deepfakes and pig butchering as their primary methods to defraud victims.
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Crypto user who lost $163M in Bitcoin wants to deploy robot search party: Report
James Howells, a British man who mistakenly discarded a hard drive containing roughly 7,500 Bitcoin in 2013 has reportedly started looking at having robots and humans work together to retrieve his crypto from a local landfill.According to a Sunday report from Business Insider, Howells has pitched an $11-million idea to locate and recover the lost…

Balancer exploited in nearly $900k after vulnerability warning
DeFi protocol Balancer was exploited just a few days after disclosing a vulnerability affecting its boosted pools. 329 Total views 4 Total shares Ethereum automated market maker and decentralized finance protocol Balancer was exploited for nearly $900,000, the protocol confirmed on X (formerly Twitter) on Aug. 27, just days after disclosing a vulnerability that affected…

After 14 Years in Investment Banking, I Joined the Crypto Industry
“How could I possibly do this?” — That is what I asked myself when the opportunity presented itself to leave my 14-year career in corporate and investment banking to join the startup world. It was certainly one of the biggest decisions of my life. I chewed on it for a month, which in my world…

State Duma Chairman: Russian Stablecoin Would Be Equivalent to Fiat Ruble in ‘Digital Space’
The chairman of Russia’s State Duma Committee on Financial Markets has said that a state-backed stablecoin would be a complete equivalent to the Russian fiat ruble in a digital space, state-operated Russian news agency RIA Novosti reported Nov. 7.Chairman Anatoly Aksakov said that the “crypto ruble,” which may appear after the adoption of laws regulating…

Bank of China Continues Anti-Crypto Narrative on WeChat
Financial markets are facing their worst crisis since 1929 and people are looking for alternatives to protect themselves from the crash. One option being considered by many is cryptocurrency.In response, Bank of China has continued its anti-crypto narrative in a long post titled “3.15 Protetion of Financial Consumption Rights and Interests”. The post was published…

IBM Announces New Multicloud Update to Blockchain
IBM has announced upgrades to its Blockchain Platform, according to a report by Ledger Insights on June 18.The new IBM Blockchain Platform will reportedly be able to run on multiple cloud networks, such as major tech corporation Microsoft’s Azure or Amazon Web Services (AWS).This is apparently the main upgrade over its previous iteration, which was…

MoonPay donates to Coinbase’s Stand With Crypto campaign
Crypto payment firm MoonPay is among the first crypto advocates to support Coinbase-initiated pro-crypto PAC related to the upcoming U.S. election.

ShapeShift Presents Six-Episode Show Dedicated to Crypto Enthusiasts
Switzerland-based crypto exchange ShapeShift announced the launch of a six-episode show, dubbed “Down the Rabbit Hole,” which is dedicated to crypto enthusiasts. The exchange posted a trailer for the film on its Twitter page on Feb. 26.Company’s official Twitter account, @ShapeShift_io, has posted six previews with a brief summary of each episode. The first one,…