Lawrence Damilola

A crypto enthusiast and journalist who loves writing and follows exciting projects in the blockchain space. Reach me at [email protected]

Future Tech·Regulation

Google Hit with Startling $2.5 Decillion Fine in Russia

October 30, 2024

Google is facing an unprecedented fine from Russia totaling approximately 2 undecillion rubles, equivalent to $2.5 decillion. This follows years of accumulated penalties tied to restrictions on Russian pro-Kremlin media. The penalty arose from legal actions taken by Russian state-affiliated media outlets Tsargrad and

Community·Markets

Canadian Consumers Favor Cash Over Digital Currency: Report

October 29, 2024

The Bank of Canada (BOC) recently published findings showing that Canadian consumers remain hesitant about adopting a digital dollar, preferring traditional payment methods such as cash and cards. This research is part of the BOC’s preparation for a potential central bank digital currency (CBDC). It reveals that fewer than 3% of Canadians have used Bitcoin

October 29, 2024

DOJ Charges AurumXchange Operator with Money Laundering Linked to Silk Road

The U.S. Department of Justice (DOJ) has filed charges against Maximiliano Pilipis,

October 29, 2024

Hong Kong’s ZA Bank Begins Sandbox Trial for Virtual Asset Trading

ZA Bank, Hong Kong’s largest virtual lender, announced a sandbox trial for

Markets·Memes

Bitcoin Breaks the September Curse: From Slump to Surge in 2024

September, historically the “pumpkin spice of pain” for Bitcoin holders, has decided to throw everyone a curveball this year. Instead of the

September 28, 2024

Bitcoin·Security

$45,000 Lost in Poisoning Attack as Scammer Nets 899,900% ROI – Report

A cryptocurrency scammer has executed a poisoning attack that resulted in a victim losing $45,000 and a staggering return on investment (ROI)

September 27, 2024

Blockchain·Community·Defi·Ethereum

Vitalik Buterin Proposes Increasing Blob Count for Ethereum Network—Here’s Why

Vitalik Buterin, co-founder of Ethereum, has proposed increasing the network’s “blob count” following discussions during a recent developer call. The suggestion is

September 27, 2024

Policy·Regulation·Road 2 Crypto

Hong Kong to Implement Global Standards for Crypto OTC Derivatives Reporting

Hong Kong’s financial regulators, the Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC), have announced plans to align

September 27, 2024

Policy·Regulation·Security

Swan Bitcoin Sues Former Employees Over Mining Operations

Swan Bitcoin has filed a lawsuit against several former employees and competitor Proton Management, accusing them of stealing proprietary software and attempting

September 27, 2024

Blockchain·Security

Truflation Suffers $5 Million Loss in Malware Attack

Truflation, a blockchain-based platform providing real-time inflation data, confirmed it was the victim of a malware attack yesterday that resulted in losses

September 26, 2024

Bitcoin·Blockchain·Policy·Regulation

Russia to Legalize Industrial Crypto Mining Soon

Russia is reportedly close to legalizing industrial crypto mining. According to a local media report, the State Duma passed the third reading

September 26, 2024

AI·Regulation

US FTC Cracks Down on Companies for Misleading AI Claims

The U.S. Federal Trade Commission (FTC) announced actions against five companies accused of using artificial intelligence in allegedly deceptive ways. These cases

September 26, 2024

Community·Policy

Former Justice Minister Claims Montenegro PM Linked to Do Kwon Case

Montenegro Prime Minister Milojko Spajić has been accused of manipulating the extradition process of Terraform Labs co-founder Do Kwon in connection with

September 26, 2024

Policy·Regulation·Shib Games

Japan Regulator Prepares to Reform Crypto Gaming Laws

Japan’s Financial Services Agency (FSA) has reportedly signaled its intention to reform the nation’s crypto gaming laws. According to reports from Japanese

September 26, 2024

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