In an intricate scam, deepfake scammers successfully impersonated multiple executives of a multinational firm, deceiving an employee into transf6erring over $25 million of the company’s funds....
The Hong Kong Securities and Futures Commission (SFC) has reminded virtual asset trading platforms (VATPs) to apply for a license by February 29, 2024. Non-compliance will...
Bitcoin-friendly President Nayib Bukele of El Salvador has won re-election with an impressive 87% of the vote, as indicated by exit polls after Sunday’s voting. Bukele,...
The cryptocurrency market in the UAE has shown resilience amid global market turmoil, with the country maintaining over $34.8 billion in crypto transactions between July 2022...
When can we expect Facebook and Instagram to follow in Google’s footsteps and greenlight cryptocurrency ads? Patrick Coffee, a Wall Street Journal reporter, hints at the...
Facing regulatory scrutiny and the legal troubles of its former CEO, Zhao Changpeng, Binance, the world’s largest cryptocurrency exchange, has increased its compliance budget significantly by...
Susan Li, Meta’s Chief Financial Officer, stated during a recent earnings call that the company foresees a significant year-over-year increase in Reality Labs’ losses. Despite strong...
The House of Lords committee has rejected exaggerated fears of AI posing an existential threat, urging policymakers to address immediate concerns. The committee’s report criticizes the...
The U.S. Department of Justice (DOJ) has charged three individuals in connection with a SIM-swapping scam that led to the theft of over $400 million from...
OPNX, a virtual asset claims exchange created by the founders of the now-defunct cryptocurrency hedge fund Three Arrows Capital, is closing down this month, as per...
