The great Merge has taken the market and miners from their feet. It is predicted that the Merge will force Ethereum’s 19 billion USD mining […]
Tag: complaints
Crypto Scammers Have Drained Over $1 Billion From Consumers Last Year – FTC
Crypto scammers have defrauded more than 46,000 people over $1 billion since the start of 2021, according to a report released by the Federal Trade Commission on Friday. Fraudsters are capitalizing on the increased popularity of acquiring digital wealth quickly. With almost $1 out of every $4 in these frauds paid in cryptocurrency, the FTC […]
Terra (LUNA) Staff Under Scrutiny, South Korea Launches Full Scale Investigation
Per a report from a local news media, South Korean authorities have launched a full investigation against the developers of Terra (LUNA). Once one of the most popular cryptocurrencies in this sector, LUNA and its native stablecoin UST lost over 90% of their value and left investors with massive losses. Related Reading | Why Polygon Launched […]
Crypto Scam Victims Can Recover Their Funds With MetaMask, Asset Reality Mechanism
Crypto scam victims can now heave a sigh of relief. Popular crypto wallet MetaMask has recently partnered with Asset Reality, a London-based specialist in digital asset scam investigations and recovery, to facilitate helping scam victims with getting back their stolen crypto assets. According to MetaMask, the collaboration with Asset Reality is “an industry-first approach in improving […]
Avalanche wants Otherside launched on its layer two subnets
Avalanche has proposed a migration plan for the Yuga Labs Otherside metaverse project. Previously Yuga Labs had expressed interest in transferring Otherside to another blockchain […]
Not Okay Bears Delisted by OpenSea: Here’s what you need to know!
The recently launched derivative project “Not Okay Bears” of the Solana NFT derivative collection has been delisted by the digital Marketplace OpenSea. This move on […]
What Is BIP 119 And Why Did It Fuel Such Heated Discussions In Bitcoin?
Explaining the controversy around Bitcoin’s BIP 119 (CTV) proposal and debunking some myths that in part fueled it.
NFT traders increasingly flocking to Solana
Solana NFTs saw $295 million in volume during April Integration with OpenSea has boosted entire ecosystem Near-zero gas fees and low barriers to entry mean new NFT traders increasingly flocking to Solana Not Okay Bears derivative on Ethereum highlights how far Solana has come NFTs exploded onto the scene in 2021, with $17 billion in… More
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Currency Of Last Resort
Amid the tragedy of Russia’s invasion of Ukraine, Bitcoin acts as a humanitarian lifeline.
Voyager ordered by New Jersey to ‘cease and desist’

New Jersey’s move is just the latest in a series of orders and complaints against crypto-based interest-bearing account issuers in the United States.
US DOJ Continues Crackdown On Crypto Criminals As It Charges Frosties NFT Creators For Fraud

Two young men have been charged with conspiracy to commit wire fraud and money laundering after allegedly ripping off Frosties NFT community. They face up to 40 years in prison if found guilty on both counts. The DOJ appears to be getting better at handling crypto crimes. The US Department Of Justice is ramping up […]
XRP Shows Greater Resilience Even As Court Grants SEC’s Request For Extension Of Time In Legal Battle With Ripple

The U.S. Securities Exchange Commission landed a minor procedural victory in its lawsuit with crypto payment firm Ripple, as Magistrate Judge Sarah Netburn approved the agency’s request for a time extension in a Text-Only Order, despite Ripple’s opposition.
Ethereum Gains Edge Over Stock Market, What’s the Key to Fresh Rally
A recent Bloomberg Intelligence report published by Mike McGlone, Senior Commodity Strategist, presents a bullish thesis for Ethereum vis-à-vis the current macro environment. The Russia-Ukraine conflict, potential interest rates hikes, and uncertainty surround the markets, but McGlone believes BTC, and ETH could come out on top. Related Reading | How Vitalik Buterin Will Use $100M […]
U.S. Banks Brace For Retaliatory Ransomware Attacks From Russia
Major U.S. banks are expecting retaliatory ransomware attacks following the imposition of tough sanctions on Russia for invading Ukraine, cyber specialists and executives say. Tensions between Russia and the West worsened Saturday as the US and its allies attempted to block some Russian banks from the SWIFT international payment system and imposed restrictions on the […]
Why Is There an NFT Under Trump’s Sleeve? Is Putin There Too?
Melania Trump has launched three NFT collections. The second one turned on the wash trading alarms as it seems the money for the winning bid came from the NFT creator’s wallet. The Third one tells us more about where this project is going. Mrs. Trump launched the “POTUS TRUMP NFT” Collection on a different website […]