Vietnam police bust crypto scam ring linked to offshore actors
Vietnamese police arrest five individuals linked to a crypto scam network, unraveling an offshore-led operation targeting unsuspecting victims.
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Bitcoin searches in Turkey spike 566% after Turkish lira drops 14%
Searches for Bitcoin emanating from Turkey exploded after news broke regarding the 14% plunge in the value of the Turkish lira. Google searches for Bitcoin (BTC) emanating from Turkey exploded in the past 24 hours, after the value of the Turkish lira dropped 14% following the firing of a central bank governor. According to data…
‘Secretly circulating’ draft crypto bill could be a ‘boon’ to DeFi
A crypto bill that industry advocates previously said would “kill DeFi” has seen an updated draft released online with one commentator saying the U.S. is “finally getting their act together.” 482 Total views 7 Total shares A new draft of the Digital Commodities Consumer Protection Act (DCCPA) bill has started to circulate online, with some…
48% fewer new crypto coders last year – developer report
Newcomers account for the highest percentage of developers that have left the industry over the past 12 months. The number of new developers entering the cryptocurrency sector has dropped by nearly 50 percent over the past year, according to research from Electric Capital’s Developer Report.The latest gauge of the state of the cryptocurrency developer ecosystem…
80-year-olds making crypto withdrawals will ‘get a call,’ says crypto exec
Independent Reserve CEO Adrian Przelozny says the exchange has a team that spends all day calling potential scam victims to question their suspicious transactions.
Virginia county Fairfax commits $35M to Van Eck crypto lending fund
Fairfax County continues its cryptocurrency investment endeavors through VanEck crypto lending fund, exploring the world of yield farming through the asset manager. 194 Total views 4 Total shares Virginia county Fairfax has begun investing a portion of a $35 million allotment into a cryptocurrency lending fund managed by global asset managers VanEck.The firm announced that…
Insolar Launches Mainnet, Swaps Ethereum-Based Token for Native Coin
Enterprise blockchain platform Insolar is launching its own mainnet, debuting its native Insolar Coin (XNS) to replace its formerly used Ethereum-based token INS.After successfully piloting the testnet in 2019, Insolar will be rolling out the commercial launch of Insolar MainNet on Feb. 3, the firm said in a press release shared with Cointelegraph.INS/XNS token swap…
Gemini exec to join Bitstamp crypto exchange as new CEO
Bitstamp is replacing its CEO for the first time since the company’s establishment. 1785 Total views 3 Total shares Bitstamp, one of the world’s oldest and largest cryptocurrency exchanges, is replacing its CEO for the first time.Nejc Kodrič, the firm’s CEO who co-founded Bitstamp back in 2011, is stepping down from his position. He will…
Only Bitfinex may get restitution in 2016 hack, per government filing
Bitfinex socialized the loss from the hack and reimbursed its customers within eight months, but potential victims can still come forward.