NFT promoters face fraud charges over alleged $22M rug pull
Two 23-year-olds, Gabriel Hay and Gavin Mayo, allegedly abandoned projects after providing misleading information on project roadmaps.
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Ministers used influence to pilfer millions in alleged Ponzi Scheme
They even wrote a self-help book about becoming a millionaire. Sounds like that may need to be updated. A recent filing from the United States Securities and Exchange Commission, or SEC, takes action against three individuals for allegedly raising millions of dollars against more than 1,000 victims. "From 2017 to May 2019, Jali, Frimpong, and Johnson,…

UAE launches the world’s most expensive modern postage stamp
UAE has made blockchain technology a key focus for its future strategies and currently building a decentralized ecosystem to make it a global blockchain hub. 708 Total views 19 Total shares The United Arab Emirates has launched the world’s most expensive modern postage stamp to celebrate the 50th anniversary of the country’s Foundation Day.Emirates Post…

Alleged ‘ghost’ Bitcoin mining firm traded on Nasdaq faces class action lawsuit
Investors are suing a Bitcoin mining company for allegedly fabricating the existence of BTC mining farms in China, and reportedly misleading the public. 785 Total views 6 Total shares Bit Digital (BTBT), a Bitcoin mining company traded on the NASDAQ stock exchange, is the subject of a class-action lawsuit that alleges the company fabricated the…

Why people are losing trust in mainstream media — Mario Nawfal
Mario Nawfal breaks down how mainstream media has lost the public’s trust and why social media offers a more accessible, democratic approach to information sharing.

Ex-Alameda CEO was trying to prevent ‘AI disaster’ — former FTX employee
Caroline Ellison's ex-boyfriend, Sam Bankman-Fried, was sentenced to 25 behind bars for his role in the collapse of the FTX exchange.

Crypto trading volume to exceed $108T in 2024, with Europe in the lead
Crypto trading volume is projected to surpass $108 trillion in 2024, with Europe leading in global transaction value and Binance being the most dominant exchange worldwide.

Congressional Research Service Examines Blockchain in Energy Sector
The Congressional Research Service has released a report that examines, among other things, the potential advantages and disadvantages of pursuing blockchain-based solutions for the energy sector.The Congressional Research Service released their findings in a report on Aug. 9, entitled “Bitcoin, Blockchain, and the Energy Sector.”In its report, the research group noted that launching a blockchain…

Bitcoin mining firm Bitmain reportedly fined for tax violations in China
Bitmain has reportedly failed to pay personal income taxes in accordance with China’s laws on the administration of tax collection. 557 Total views 1 Total shares Own this piece of history Collect this article as an NFTBeijing-based cryptocurrency mining firm Bitmain has reportedly violated tax regulations in China, with local authorities imposing major fines.Bitmain Technologies…