September 2024 crypto hacks surpass $120M, centralized exchanges hit

The United States Securities and Exchange Commission has charged a former pastor and his wife for stealing $500,000 through a trio of fraudulent businesses, including a cryptocurrency offering purportedly backed by a bottled water business.According to a complaint filed on April 2, the pair also sold fake shares in their struggling water business, Teshuater, in…

Genesis is starting a 30-day meditation with its key creditors as its bankruptcy proceedings are close to hitting the four-month mark. Own this piece of history Collect this article as an NFTCrypto lender Genesis and its key creditor group have agreed to a 30-day mediation process in an attempt to move forward with a final…

The SEC enforcement director said the commission "will continue to bring actions regardless of what label is used or technology is involved," including cryptocurrencies. 541 Total views 6 Total shares Gurbir Grewal, the enforcement director for the United States Securities and Exchange Commission, said the financial regulator will continue to investigate and bring enforcement actions…

Bitcoin will likely break out of the dreaded $38,000 resistance areas if four factors buoy the momentum of BTC. 2930 Total views 15 Total shares The price of Bitcoin (BTC) has risen above $38,000 after nearly 21 days below this level with the exception of the "Elon Musk" rally last week. There are four major…

Chinese fintech stocks have surged this year on hopes that the launch of a digital currency by the People’s Bank of China will increase demand for security and payment services. Morgan Creek Digital co-founder Anthony Pompliano said that if the digital yuan becomes a reality, it might threaten the dollar’s reign as the global reserve…

RBI’s recent response to an information request shows that Indian banks are not prohibited from dealing with cryptocurrency business. 1130 Total views 44 Total shares India’s central bank, the Reserve Bank of India, seems to finally be clarifying its stance on financial services for cryptocurrency-related businesses. In response to a right to information request, the RBI…

Austrian Minister for Digital and Economic Affairs, Margarete Schramboeck said that “we do not need regulation for blockchain,” technology-focused media outlet Trending Topics reported on April 2.Schramboeck — who previously served as CEO of major Austrian fixed and mobile network operator A1 Telekom Austria — delivered her comments during the ANON Blockchain Summit discussion panel…

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision.Market data is provided by the HitBTC exchange.Facebook released the white paper for its cryptocurrency project on June…

The coronavirus pandemic has only worsened this week and has engulfed almost the whole world. Several countries in Europe and the US have been the worst affected outside of China where the virus started. While the world attempts to tackle the spread of the virus by lockdowns, it is having a huge negative impact on…