Chinese Investors Face Heavy Losses in Crypto Investments Amid Market Downturn
A recent survey of Chinese investors revealed that crypto enthusiasts have faced a difficult year. It noted that out of 574 respondents,
Telegram CEO’s Legal Troubles Escalate as Indonesia Threatens Nationwide Telegram Ban
Telegram CEO Pavel Durov has just been released from France, but his legal troubles are far from over. Durov is now grappling
Malaysian Police Dismantles Cryptocurrency Fraud Call Center Targeting Japanese Citizens
In a groundbreaking development in Malaysia, the Royal Malaysian Police (PDRM) recently dismantled a cryptocurrency investment fraud call center reportedly targeting Japanese
HKMA Launches Ensemble Project Sandbox to Advance Tokenized Applications
The Hong Kong Monetary Authority (HKMA) has launched the Ensemble Project Sandbox to promote the application of tokenization technology within the financial
WazirX Files for Moratorium with Singapore High Court Following Cyberattack
WazirX, an Indian cryptocurrency exchange took a major step in addressing its fallout from the cyberattack that happened last month. It filed
Australians Lose $180 Million to Crypto Scams in a Year, Says Federal Police
The Australian Federal Police (AFP) issued a significant alert on Wednesday, disclosing that Australians have lost a minimum of $180 million to
Japan’s Prime Minister Fumio Kishida Embraces Web3 and Blockchain for Social Innovation
Japan’s Prime Minister Fumio Kishida announced the crucial role of Web3 and blockchain in addressing social challenges in the nation on Wednesday.
Celsius Settles Two-Thirds of Debt Owed to Creditors Amid Bankruptcy Proceedings
Celsius, a cryptocurrency lending and borrowing platform, has repaid approximately $2.53 billion to around 251,000 creditors, which is two-thirds of its eligible
Former US Bank CEO Sentenced for $47M Crypto Scam
Former Heartland Tri-State Bank CEO Shan Hanes has been sentenced to more than 24 years in federal prison for stealing $47 million
Russia to Test Cryptocurrency for International Transactions, Effective September 2024
Russia is set to begin trials in adopting cryptocurrency for international transactions starting September 1, 2024. This signifies Russia’s efforts to operate
