Crypto Millionaire Lost 5,500 Bitcoins in Alleged Investment Scam

The Somnia blockchain will enter its DevNet phase in the coming weeks. Improbable claims that the blockchain will process over 400,000 transactions per second. 02:12 Solana Outperforming Amid Memecoin Frenzy 01:54 BlackRock Buys More MicroStrategy Shares; Citi Debanked Ripple's Brad Garlinghouse 04:56 ApeCoin's Price Surge: What's Next After the Blockchain Debut? 01:48 Bitcoin Nears 'Golden

It started with blackjack. Magdalena Kala, aka “Crypto Mags,” used to play blackjack on the regular. She loved it. She was good at it. She even became a professional card-counter, fascinated by the game’s dynamics and strategy. “I’ve learned everything about human psychology, business and risk management from blackjack,” says Kala.And it was Kala’s approach…

news The Australian Taxation Office (ATO) may soon crack down on major tax avoidance schemes using cryptocurrencies. According to a report from The Sydney Morning Herald on Thursday, the ATO is working on 12 tax avoidance cases involving abuse of crypto assets. Notably, the agency’s deputy commissioner, Will Day, said at least one of the…

Federal Reserve Chair Jerome Powell tried to offer assurances in a Senate hearing that a CBDC wouldn't be built in the U.S. in a way that gave the government an ability to spy on people.Powell said the Fed isn't close to any digital dollar recommendation.Even if the Federal Reserve were close to recommending a central

Two blockchain veterans are gearing up to launch what could be the first cryptocurrency exchange in the Persian Gulf to be licensed by a central bank. Revealed exclusively to CoinDesk, Rain Financial has opened its public waiting list after a year in the Central Bank of Bahrain's fintech sandbox. Co-founded by Saudi blockchain consultant Abdullah…

Investors will be able to deposit TrueFi's T-bill token to borrow the platform's new TRI token.TRI holders will be able to stake the token to earn a yield from borrowing fees.The offering comes as DeFi activity and demand for leverage picked up amid the current crypto bull market.01:11DeFi Market Rebounds to $50B as Speculators Hunt

CORRECTION (Feb. 7, 15:13 UTC): Corrects date of introduction to Feb. 26. An earlier version of the story said the start was scheduled for today.Social marketplace Friendzone will start operating on the Polygon PoS blockchain Feb. 26 and plans to expand to Polygon zkEVM, a different blockchain by Polygon developers, later."Friendzone is a new social

Tornado Cash deposits and deposit data is reportedly at risk.A proposal has been made to revert back to a previous version of the protocol's IPFS deployment.User deposits on token mixer Tornado Cash are reportedly at risk following the insertion of malicious code in the protocol's back end, according to a Medium post by community member