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    Blockchain

    South Korean Police Form New Crypto Scam-fighting Cybercrime Taskforce

    South Korean police have announced that they will launch a new crypto scam-busting cybercrime taskforce.

    FTX-Affiliated Alameda Research Sues Grayscale Over Crypto Investments, Adding to Woes for Digital Currency Group – What’s Going On?

    In a dramatic attempt to recover lost funds, Alameda Research has filed a lawsuit against Grayscale Investments, alleging that the company has been charging "exorbitant management fees" and preventing redemptions. 

    Troubled Crypto Lender Babel Finance Eyes Restructuring with Stable Asset Project – How Does it Work?

    The troubled crypto lending firm Babel Finance is working on a new plan to raise money through a crypto-backed stablecoin.

    Binance’s Efforts to Woo SEC Chairman Gensler for US Regulatory Relations Uncovered – Here’s What Happened

    Binance approached US Securities and Exchange Commission chairman Gary Gensler in 2018 and 2019 to become an advisor for the firm. That’s according to a new bombshell report published by the Wall Street Journal on Sunday, which claims that Binance embarked on a campaign to “neutralize” US authorities out of fear of prosecution, citing messages and documents from 2018 to 2020.

    Early Tornado Cash Contributor Builds Improved Version of Blacklisted Coin Mixer – Here’s How it Works

    Half a year after lead developer Alexey Pertsev was arrested in the Netherlands, the Tornado Cash coin mixer has been rebuilt and redeployed as Privacy Pools.

    Belgian Central Bank Governor Says Crypto Winter Was ‘Good News’ – Here’s Why

    The Belgian Central Bank Governor says his organization celebrated the 2022 slump in crypto prices – and says last year’s onset of crypto winter “was good news for us.”

    Crypto Scammers Preying on Elderly Japanese Singletons – Report

    Crypto scammers are targeting elderly Japanese singles on social media and dating apps. But middle-aged Japanese lonely hearts are also finding themselves in fraudsters’ cross-hairs. And some scammers appear to be targeting yet-younger individuals.

    SEC Chair Gensler Casts Doubt on Crypto Exchanges’ Ability to Meet «Qualified Custodian» Standards – Here’s Why

    Crypto exchanges likely do not meet the requirements expected of a qualified custodian, Securities and Exchange Commission (SEC) chair Gary Gensler has said.

    Russia Unveils Mutual Fund for Financing Crypto Mining Operations

    A Russian company has unveiled a new fund intended to finance crypto mining operations in the country.

    Billionaire Michael Saylor’s Request to Dismiss Tax Evasion Charges Rejected by Judge – Here’s the Latest

    Former MicroStrategy CEO Michael Saylor has suffered a big blow as Judge Yvonne Williams rejected his appeal against tax evasion claims. Although, the court did dismiss the allegations that the company and Saylor had conspired to violate the False Claims Act of Washington, D.C.

    Brazilian Regulator Says New Crypto Laws Coming – Here’s What to Expect

    The head of the Brazilian financial markets regulator says the body will roll out a “decree” in “the next few days” that will allow government-appointed bodies to better police the sector.

    Japanese Banks to Trial Stablecoins on High-Speed Blockchain – How Does it Work?

    Banks in Japan are starting a trial for issuing fully compliant stablecoins on an ultra-fast but largely centralized blockchain known as the Japan Open Chain.

    Crypto Accounts for Less Than 2% of El Salvador’s Remittances – Has BTC Adoption Plan ‘Failed?’

    Crypto accounts for less than 2% of all of the remittances made to El Salvador, new government figures show. And critics say this is proof that the nation’s Bitcoin (BTC) adoption plan has failed.

    Top Official Says US Treasury Assessing Viability of Digital Dollar – Here’s the Latest

    The US is actively evaluating whether a digital version of the dollar is in the national interest, the US Treasury Department's undersecretary for domestic finance, Nellie Liang has said.

    Japanese Entrepreneur Yuta Misaki Loses Big in $29m Crypto ‘Gamble of the Century’

    An outspoken Japanese entrepreneur and social media star says he suffered massive losses when he invested $29 million in crypto – and has advised followers to tread cautiously in the crypto markets to avoid similar losses.

    Nexo Crypto Lender Resolves Multistate Lawsuit with $22.5M Settlement – Here’s What Happened

    The crypto lender Nexo has resolved a settlement for $22.5 million with multiple US states after the Ohio Division of Securities became the latest state regulator to join in.