Elaborate Elon Musk deepfake crypto fraud uncovered in Hong Kong
A fraudulent crypto exchange platform used AI-generated videos of Elon Musk and misleading information to promote crypto trading services.
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Bitnomial sues SEC over claim that XRP is a security
The XRP token is already regulated as a commodity and the SEC “duplicates and compounds the regulatory burden” by saying it’s a security, Bitnomial said in a lawsuit.
Confirmed: Sony and Fujitsu to Trial Blockchain for Educational Record Integrity
The education units of Japanese multinational conglomerate Sony and IT equipment services firm Fujitsu are to trial blockchain technology for improving the integrity of course records and grade data. The news was officially reported in a press release from Fujitsu today, Feb. 27.The pilot comes via a joint venture between Sony Global Education, Inc., Fujitsu…
US SEC Charges Convict and Associates for $30M Fraudulent ICO
The United States Securities and Exchange Commision has charged a group of criminals, who raised over $30 million through a fraudulent initial coin offering (ICO).Per a Jan. 12 press release, the SEC charged convicted Boaz Manor, his business associate, and two companies, CG Blockchain Inc. and BCT Inc. SEZC, with violating the antifraud and securities…
Singapore: Venture Capital Firm to Launch $10 Million Crypto, Blockchain Investment Fund
Singapore-based venture capital firm Golden Gate Ventures will launch a $10 million fund for investments in blockchain and cryptocurrency companies, Reuters reported August 10. Golden Gate Ventures (GGV), one of the leading venture capital firms in Southeast Asia, will invest in early-stage companies including cryptocurrency exchanges, security providers, and blockchain tech startups through the LuneX…
Bitcoin derivatives favor further BTC price rally toward $30K
Despite regulatory pressure and worsening macroeconomic conditions, Bitcoin (BTC) demonstrated bullishness holding near $28,000 for the past week. Furthermore, professional traders have maintained leveraged long positions on margin and in futures markets, indicating strength.On the regulatory front, on April 4, the Texas Senate Committee on Business and Commerce agreed to move forward and remove incentives…
Synthetic FAANG stocks are trading in DeFi — but do gas fees make them uncompetitive?
Sky high gas prices may make synths more costly than the real thing. 814 Total views 9 Total shares Decentralized finance protocol Kwenta has launched a series of synthetic tokens for popular stocks — but current gas prices could make trading them more expensive than buying the real thing.In a blog post on April 23,…
Unikrn ICO faces further SEC action
Another remnant of 2017 gets hit by regulation. Unikrn, an initial coin offering, or ICO, from 2017, faces action from the U.S. Securities and Exchange Commision, or SEC. The SEC has accused the startup of running its ICO without going through the proper legal channels, based on a Sept. 15 statement from the regulating body. The commission…
Price analysis 9/6: BTC, ETH, ADA, BNB, XRP, SOL, DOGE, DOT, UNI, LINK
Bitcoin’s (BTC) market capitalization is nearing the $1 trillion mark and several altcoins have also been rallying hard in the past few days. This has driven the Crypto Fear and Greed Index into the extreme greed territory where the range fluctuates between 79 and 100. Generally, tops are made when the index hits around 95,…