Crypto payment service Payeer hit with record $10M fine in Lithuania

Christopher Hui took the stage at Fintech Week and outlined a list of regulatory moves Hong Kong authorities are looking to implement following the JPEX scandal. 82 Total views 5 Total shares The Hong Kong government says the recent $165 million alleged scandal involving crypto exchange JPEX won’t  stifle its Web3 vision for the region.

Earlier this week PlusToken, one of the largest scams in the cryptocurrency world, tried to move 789,500 Ether (ETH), but the movement of these stolen funds were temporarily held up by congestion issues within the Ethereum network.The $186 million transfer came from a known Ethereum address and was later split into 50 different transactions, possibly…

The total lifetime NFT volume on the Ethereum blockchain alone has exceeded $120 million. 1114 Total views 12 Total shares Non-fungible tokens and digital collectibles have been selling like hotcakes over the past couple of months as volumes on peer-to-peer marketplaces surge.From NFTs representing NBA finals moments to crypto industry character cards, the total lifetime…

REvil’s ransomware gang is launching an auction of stolen data, including legal information hacked from Madonna. 2709 Total views 35 Total shares The ransomware gang REvil has launched an auction feature on the dark web in the past 24 hours, starting with the stolen data from a Canadian company and threatening to auction off information…

Bitcoin (BTC) stayed rangebound on Nov. 5 as fresh analysis argued that breaking $64,000 would produce a new all-time high.BTC/USD 1-day candle chart (Bitstamp). Source: TradingView“So near yet so far” for BTC price all-time highData from Cointelegraph Markets Pro and TradingView showed BTC/USD drawing little attention as it tracked sideways around $61,000.After multiple days of…

United States Commodity and Futures Trading Commission (CFTC) commissioner Brian Quintenz has suggested that participants in the cryptocurrency industry should create a self-regulatory structure. Quintenz made his remarks during a Bipartisan Policy Center panel held on Feb. 12.More precisely, Quintenz said that because of the CFTC’s lack of crypto statutory oversight capability, he suggested that…

Hedera said the smart contract exploit on Mar. 9 has not impacted the network or its consensus layer. 392 Total views 19 Total shares Own this piece of history Collect this article as an NFTHedera, the team behind distributed ledger Hedera Hashgraph, has confirmed a smart contract exploit on the Hedera Mainnet that has led…

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekAndreessen Horowitz closes $4.5 billion crypto fund amid market turmoil Venture capital…