CFTC accuses pastor of shilling $6M crypto Ponzi to congregants

Backed by a sanctioned Russian oligarch, Atomyze became Russia’s first legal digital asset manager, obtaining registration from the central bank in February 2022. 414 Total views 50 Total shares The Russian government-backed tokenization platform Atomyze has issued its first digital asset backed by palladium in collaboration with the local bank Rosbank.Rosbank officially announced on Monday…

President Biden urges technology companies to prioritize secure AI products before public release, stressing the need to address potential risks to society, national security and the economy. 1898 Total views 24 Total shares Own this piece of history Collect this article as an NFTUnited States President Joe Biden stated on Tuesday that the safety of…

Nigeria’s government is looking to drive blockchain adoption as part of its plans to establish emerging technology centers across the country. 357 Total views 4 Total shares Speaking during Wednesday’s annual Digital Africa Conference, Isa Pantami, Nigeria’s Minister of Communications and Digital Economy, identified blockchain as part of the government’s focus on emerging technologies, according…

We were graced with one more typical “degen yield farm” popping in and out of relevance this week.Harvest Finance collected as much as $1 billion in total value locked before an “economic exploit” sent it tumbling down. Its value locked measure now hovering around $300 million and prospects for a recovery looking bleak.The exploit has…

The Uniswap Labs community has already begun mulling over a new proposal that would form a Uniswap Foundation based in the United States (U.S.), but first, it's going to cost $74 million.The proposal has garnered mixed feedback from the community so far, with many praising the foundation’s plans to support and expand the Uniswap ecosystem,…

Binance founder and CEO Changpeng “CZ” Zhao argues that “bad” crypto projects should be left to fail and not receive bailouts from crypto firms with healthy cash reserves. In a June 23 blog post, CZ said that firms that have been poorly operated, poorly managed or have released poorly designed products shouldn’t receive bailouts —…

The U.S. Treasury Department has sanctioned two Iranians allegedly involved in Bitcoin (BTC) ransomware scheme SamSam, the Treasury reported in an official press release today, Nov. 28.The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has taken action on Wednesday against two Iranian individuals, Ali Khorashadizadeh and Mohammad Ghorbaniyan, who are accused…

The team stated on Twitter that deposits would be disabled “shortly” and withdrawals within 30 days. 615 Total views 35 Total shares Own this piece of crypto history Collect this article as NFTThe developers of bridging platform Ren protocol have warned users to unwrap their tokens and bridge them back to their native chains “ASAP,”…

The J5 generates significant leads through events, which, in the past, has helped uncover multi-million-dollar crypto Ponzi schemes such as the BitClub Network. 101 Total views 1 Total shares The Joint Chiefs of Global Tax Enforcement (J5), a global anti-tax fraud group, hosted investigators, cryptocurrency experts and data scientists in ‘The Cyber Challenge’ event to