Crypto Biz: Tether to track USDT usage, Cipher gets takeover offer, and more

The purported investment fund is exhibiting some shady behavior. 2389 Total views 16 Total shares Last week Cointelegraph published a story about investors having difficulty getting their money back from a crypto fund called AMFEIX, which promised high-yield profits for investors who sent them Bitcoin (BTC). Our story described more than 500 pending withdrawals from…

Bitfinex’s new security token platform will provide exposure to blockchain-based equities, bonds, and investment funds. Hong Kong-based cryptocurrency exchange Bitfinex is moving into the security token offering (STO) industry by launching a new STO platform regulated in Kazakhstan.Bitfinex Securities, Bitfinex’s blockchain-based investment product provider, has launched its investment exchange regulated in Kazakhstan’s national financial hub,…

The OpenRarity project was a collaborative project between various NFT community entities, including Curio, icy.tools, OpenSea and Proof. 331 Total views 14 Total shares With thousands of nonfungible tokens (NFTs) getting minted every single day, trying to find rare pieces can be a challenge for NFT collectors. However, as the industry continues to progress, the…

It was early in March when India’s Supreme Court delivered a historic verdict on a landmark case that promised a new era for crypto in India. The Supreme Court moved to lift the Reserve Bank of India’s controversial ban on banks issuing services to crypto-related firms.It seems, however, that not all banks are complying with…

The much-hyped NFT sale by popular talk show host Ellen Degeneres has fallen flat, with the comedian selling just five out of ten available Gold editions of her “Woman With Stick Cat" NFT for $2,500 on the Bitski platform. Sixty-four other people paid $100 each for an open Silver edition of the same NFT.The drawing…

Goldman Sachs-backed cryptocurrency finance firm Circle is reportedly looking to raise $250 million of funding in a combination of equity and debt. The source of information are claims made by an anonymous person familiar with the company’s plans, as cited in a report by technology news website The Information on March 2.According to the article,…

According to CertiK, investors should be highly skeptical of free NFT giveaways, as well as small peculiarities in sites they interact with. 140 Total views 3 Total shares On June 4, the popular nonfungible token, or NFT, project Bored Ape Yacht Club (BAYC) suffered its third security compromise this year. Nearly 142 Ether (ETH) ($250,000) worth…

The Algorand wallet provider said it still hasn't determined the cause of the attack, urging users to withdraw funds from wallets created with a seed phrase. Own this piece of history Collect this article as an NFTA wallet provider for the Algorand (ALGO) network, MyAlgo, has warned its users to withdraw funds from any wallets…