The rise and fall of Hawk Tuah: A case study in crypto scams

Ripple has continued to see adoption for its remittance technology from private institutions despite the ongoing lawsuit in the U.S. 118 Total views 11 Total shares Singapore-based institutional digital payment solution provider FOMO Pay has become the latest fintech firm to integrate Ripple’s liquidity solution called on-demand liquidity (ODL).FOMO Pay would use the popular crypto…

Grayscale Investments has resumed private placement of Grayscale Bitcoin Trust (GBTC) shares, according to a press release on July 8.According to the announcement, the private placement of GBTC shares is offered periodically to accredited investors — as defined in Rule 501(a) of Regulation D under the Securities Act — for daily subscription. As per the report,…

Ethereum transactions are even easier to de-anonymize than Bitcoin due to its specifics, but a lot of it comes down to careful usage of mixing tools. 3228 Total views 82 Total shares A paper published on May 29 by Ferenc Béres and a team of primarily Hungary-based researchers analyzed the Ethereum blockchain to find out…

Local and international crypto businesses in the United Kingdom seem unable to meet stringent demands set by financial regulators. 1652 Total views 3 Total shares The United Kingdom Financial Conduct Authority’s (FCA) crypto licensing regime is reportedly proving arduous for cryptocurrency businesses looking to operate in the country.According to a Reuters report on Tuesday, the…

It’s not looking good for Bitcoin bulls, at least for today, as moving averages slip from view and $40,000 begins to loom large. 615 Total views 9 Total shares Bitcoin (BTC) fell further at the start of the new week as a lack of bullish momentum sparked new lows near $44,000.BTC/USD 1-hour candle chart (Bitstamp).…

Binance founder and CEO Changpeng Zhao, otherwise known as CZ, believes that the African continent holds some unique opportunities for cryptocurrency adoption and development. The Binance leader provided a number of interesting insights during an exclusive “ask me anything” session hosted on Zoom for key members of the African cryptocurrency community, which Cointelegraph participated in.Binance,…

The world’s largest crypto exchange has been hit with an SEC suit that many saw coming, but the details will be studied closely. The announcement of the United States Securities and Exchange Commission suit against Binance, Binance.US and Binance CEO Changpeng Zhao (CZ) may have surprised the crypto community, but the SEC’s focus on the…

A combination of human expertise, NFTs and blockchain technology could help humanity protect its priceless artifacts from theft and looting. 79 Total views 1 Total shares Computer scientist Adel Khelifi, of the University of Abu Dhabi, and archaeologist Mark Altaweel, from University College London, recently announced the development of a Web3-based verification-as-a-service model for determining…

Cryptocurrency enthusiasts often argue that businesses need to start accepting crypto as payments for adoption to grow — boosting usability and potentially creating strong demand for these currencies.Some crypto communities often focus heavily on growing business adoption, with maps now compiling businesses worldwide that accept different cryptocurrencies as a payment method.But if a business accepts