Scam tokens surge as DeepSeek AI goes viral
Malicious “DeepSeek” tokens have surged in the past 24 hours, underscoring scammers’ mobility in reacting to current events.
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Brazil’s top prosecutor defends X ban, urges Supreme Court to end disputes
For Brazil’s Attorney General’s Office, the ban on X does not violate free speech rights in the country.

Bill Murray’s biographical NFT project set to be premiered by Coinbase
"Anecdotes, observations, advice, memories, Murray-isms" are coming to the world of NFTs as acclaimed icon Bill Murray prepares to launch an inaugural NFT series with Coinbase. 89 Total views 8 Total shares American actor, writer and comedian Billy Murray is a globally known figure within the entertainment industry following an acclaimed and on-going career that…

Major Crypto Exchanges Lament Outsized Scrutiny From US IRS
Representatives of major crypto exchanges today told the United States Internal Revenue Service that they want to see clear regulations rather than vague suspicion from the tax authority.In a March 3 panel that is a continuation of a broader crypto summit at the IRS building in Washington, D.C., representatives from Coinbase, Kraken, and major accounting…

Russian Exchange Aggregator to Resume Operations After Recent Block by Gov’t
Popular Russian crypto exchange aggregator BestChange will soon resume operations after being blocked by the government, crypto news outlet Forklog reports May 7.The firm’s head of public relations and marketing Nikita Zuborev told Forklog that the block is expected to be lifted in the coming days following a court hearing.Russian telecommunications watchdog Roskomnadzor (RKN) blocked…

US Fed 'absolutely' ready to step in if liquidity dries up — Voting member
The US Federal Reserve is prepared to use its vast arsenal of monetary policy tools to prevent financial and economic conditions from deteriorating rapidly but will do so only if liquidity dries up or markets become disorderly, a top central banker said. In an interview with the Financial Times, Boston Fed President Susan Collins said

Cyberattacks target French government websites: Report
French authorities have come under fire from free speech activists and the crypto community after arresting Telegram founder Pavel Durov.

Crypto Hedge Funds Saw 46% Loss in 2018 Bear Market, PwC Report Says
The 2018 cryptocurrency bear market cost the median crypto hedge fund almost 50%, a new survey headed by PwC revealed on May 12.According to the findings, around 150 cryptocurrency hedge funds survived last year, which saw bitcoin (BTC) falling from $20,000 to just $3,000.Of those, the median loss came in at 46%, while quantitative funds…

Crypto bill needs clarification on ‘digital commodity’ — Sheila Warren
CCI CEO Sheila Warren said that there was “a very tight window” to pass the crypto bill given the possible change in leadership following the 2022 Midterm Elections. 426 Total views 21 Total shares Sheila Warren, CEO of the Crypto Council for Innovation, said the Digital Commodities Consumer Protection Act currently being considered by U.S.…