Crypto Fraud Ring Dismantled by Vietnamese Authorities
Vietnamese authorities have reportedly dismantled a cross-border fraud ring involved in romance scams and fraudulent cryptocurrency schemes. Led by foreign...
Month: October 2024
UAE Introduces Retroactive VAT Exemptions for Crypto Transactions
The United Arab Emirates has introduced VAT amendments that impact crypto transactions, redefining tax obligations for companies in the digital...
Australian Police Seize $9.3M in Crypto, Bust Mastermind Behind Ghost Platform
The Australian Federal Police have taken a major step against organized crime by seizing $9.3 million in cryptocurrency. The operation...
L2 Scaling Challenges May Undermine Ethereum and Bitcoin’s Long-Term Security
Ethereum and Bitcoin, two of the world’s largest blockchains, are facing significant challenges in scaling their networks. As more users...
Discovering the Creator-Driven World of Nifty Island
In the latest episode of Regina’s Web3 Gaming Odyssey, she dives headfirst into Nifty Island—a metaverse brimming with customizable islands,...
Kraken Launches Regulated Derivatives Platform in Bermuda
Cryptocurrency exchange Kraken has launched a new regulated derivatives trading platform in Bermuda after obtaining a Class F Digital Business...
US Targets Lazarus Group and APT38 in $879M Crypto Forfeiture Complaint
Offshore Alert reporter David Marchant disclosed the United States has initiated two forfeiture complaints related to previously confiscated bitcoin (BTC)...
Bitcoin Transfer Volumes Soar in 2024, Set to Break 2023’s Record in 2 Weeks
According to recent data, the five busiest days for bitcoin transfers on the network occurred in 2024. The all-time peak...
Lego’s Website Hacked to Promote ‘Lego Coin’ Crypto Scam
Lego’s website was hacked to display an unauthorized cryptocurrency ad promoting a fake “Lego coin.” The ad encouraged site visitors...
Nigeria’s Oil-for-Naira Program, Blackrock’s New Stablecoin, and More — Week in Review
Nigeria introduced an “oil-for-naira” program by selling crude oil to Aliko Dangote’s refinery in a bid to stabilize the weakening...
Coinbase to Delist USDT in Europe Amid New EU Regulations
Coinbase has announced plans to delist Tether’s USDT and other stablecoins that do not comply with the European Union’s Markets...
Wealthiest Man in Argentina Praises Bitcoin’s Strength Against Government Intervention
Marcos Galperin, founder and CEO of Latin America’s e-commerce and financial services giant Mercado Libre, shared his perspective on bitcoin...
DMCC and CVVC Partner to Drive Web3 Innovation
The Dubai Multi Commodities Centre (DMCC) Crypto Centre and the Swiss early-stage blockchain venture capital firm CVVC have partnered to...
Last Week Featured Bullish Continuation
This editorial is from last week’s newsletter, Week in Review, with some slight tweaks to dates so the article makes...
AI Powerhouse Openai Raises $6.6B Achieving a $157B Valuation
AI startup Openai reported closing a funding round led by Thrive Capital and the participation of other tech companies like...
