NexFundAI: The FBI’s ‘Trap Token’ Explained
NexFundAI, a trap token by law enforcement, exposes bad actors, but falling for similar schemes led by scammers can lead to major losses
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Santander UK limits crypto transactions for its customers
Users will be restricted to a £1,000 limit per transaction, and a total limit of £3,000 a month. 276 Total views 1 Total shares Multinational banking group Santander has placed a limit on all crypto transactions for its customers in the UK. The group cited cryptocurrency fraud warnings from regulators as the reason behind its decision. According…
Bitstamp cancels ‘inactivity fee’ plans after huge backlash
Bitstamp makes a U-turn on the planned €10 'inactivity fee' against users after widespread criticism, cites administrative fees as the reason for the proposed move. 388 Total views 7 Total shares Luxembourg-based cryptocurrency exchange Bitstamp has scrapped plans to implement an inactivity fee after widespread outcries from users online.The exchange had previously announced at the…
Charles Hoskinson Criticizes ETH, EOS’s ‘Lone Samurai’ Development Approach
Charles Hoskinson, the co-founder of Ethereum (ETH) and IOHK, the company behind Cardano (ADA), has criticized Ethereum and EOS’s approach to development. Hoskinson made his comments during an interview with business news outlet Fortune published on April 9.During the interview, Hoskinson noted that most protocols publish all their code open source and free from patents,…
VanEck says Bitcoin could hit $4.8M if it became the global reserve asset
The investment firm made very high valuation for BTC and gold based on the extreme case that either becomes the reserve global currency. 203 Total views 4 Total shares American investment firm VanEck believes that Bitcoin has double the upside of gold and could be worth as much as $4.8 million per coin if it…
Inflation fears or ETF driving Bitcoin price? The Market Report is live with Big Cheds
“The Market Report” with Cointelegraph is live right now with special guest Big Cheds, a professional trader and one of the founding analysts of Bitcoin Live. 725 Total views 7 Total shares Join Cointelegraph host and analyst Benton Yaun alongside resident market experts Jordan Finneseth and Marcel Pechman as they break down the latest news…
Revealed: How North Korea Laundered $100 Million of Stolen Crypto
Blockchain forensics firm CipherTrace has published a detailed analysis of how two Chinese nationals. associated with North Korea. laundered tens of millions of dollars worth of stolen cryptocurrency.The pair are believed to be associated with the shadowy Lazarus Group, which was behind the Sony breach in 2014, the WannaCry ransomware epidemic in 2017, and a…
Japan’s Financial Watchdog Orders Hacked Exchange Zaif to Improve Business
Japan’s financial regulator, the Financial Service Agency (FSA), has issued a business improvement order to Japanese investment firm and Zaif crypto exchange operator Fisco.According to Cointelegraph Japan, the FSA has identified shortcomings in Fisco’s internal control systems — such as anti-money laundering measures — and found it to be insufficiently compliant with local laws and…
Vodafone looks to integrate crypto wallets with sim cards
The telecom company is reportedly seeking $1.8 billion in loans amid a plan to raise a total of $2.9 billion in debt