More

    Blockchain

    Caitlyn Jenner And Rich The Kid X Accounts Push Memecoins, Sparking Scam Concerns

    Celebrities Caitlyn Jenner and Rich The Kid began boosting namesake crypto memecoins on their respective X accounts over Memorial Day weekend, prompting hacking concerns from X users.

    Scammers Target Crypto Influencers X Accounts to Promote Memecoin Related Info

    Scammers have targeted popular crypto influencers on X (Twitter) with the acronym GCR, on late Sunday. His compromised X account carried a post predicting the price of the ORDI token, causing brief price surges.

    Russian Central Bank Flags Sharp Rise in Crypto-related Activity

    The Russian Central Bank says it has noticed a significant rise in citizens’ transactions on crypto exchanges and peer-to-peer crypto trading platforms.

    FTX Estate Sells Remaining Discounted Solana Tokens in Bid to Repay Creditors

    The FTX estate, responsible for managing the defunct exchange’s bankruptcy, has auctioned off the last of its heavily discounted Solana (SOL) tokens.

    UK Court Jails Woman for Laundering 150 Bitcoin Tied to $5.6 Billion Fraud

    The Southwark Crown Court in London, UK, sentenced a woman to jail for money laundering bitcoin tied to a billion-dollar investment fraud.

    UAE Agriculture Authority Bans Cryptocurrency Mining on Farms

    The Abu Dhabi Agriculture and Food Safety Authority of UAE issued a new advisory on Thursday prohibiting the use of farms for cryptocurrency mining. Farmers caught engaging in such activities face fines of up to 10,000 UAE dirhams (approximately $2,722).

    OKX Withdraws VASP License Application in Hong Kong

    Crypto exchange OKX announced on Friday that it has withdrawn its Virtual Asset Service Provider (VASP) license application in Hong Kong and will cease to provide trading services to residents.

    Doge Meme Icon and Dogecoin Mascot Kabosu Passes Away at 18

    Communities across the web are pausing to reflect on the life of Kabosu, the dog behind the Doge meme and Dogecoin mascot, who passed away at 17 on May 25.

    FTX Group Paid $25 Million In Settlement To Whistleblowers Before Collapse

    Sam Bankman-Fried’s (SBF) FTX Group allegedly paid over $25 million in hush money to seven whistleblowers prior to the doomed crypto exchange collapse in November 2022, a bombshell independent examinator’s Thursday report found.

    U.S. Credit Unions Adopt Tokenization of Real World Assets

    Traditional banks may still dominate the financial industry in terms of assets held, but credit unions are becoming an increasingly popular option for Americans who qualify.

    Court Rules Influencer Ian Balina Violated Securities Laws Promoting SPRK Tokens

    A U.S. district court has found crypto influencer Ian Balina guilty of violating U.S. securities laws.

    Ex-Kansas Bank CEO Pleads Guilty to Embezzling $47M in Crypto Scheme

    Kansas-based now-failed Heartland Tri-State Bank’s former head has pled guilty on Thursday for embezzling $47.1 million for a series of “personal crypto purchases.”

    US House Votes to Block Federal Reserve’s Digital Dollar Plans

    The US House on Thursday approved a bill that prohibits the Federal Reserve from issuing a digital dollar, or central bank digital currency (CBDC), without explicit authorization from Congress.

    What’s Happening In Crypto Today? Daily Crypto News Digest

    Get your daily, bite-sized digest of blockchain and crypto news today – investigating the stories flying under the radar of today’s news.

    Detained Binance Executive Tigran Gambaryan Collapses During Money Laundering Trial in Nigeria

    In a dramatic turn of events, Tigran Gambaryan, a detained executive of cryptocurrency exchange Binance, collapsed in court due to alleged ill health during his ongoing money laundering trial on May 23, as reported by Vanguard.

    South Korean Police Arrest 19 in ‘Reading Room’ Crypto Fraud Bust

    South Korean police have arrested 19 people on fraud charges in a swoop on a social media “crypto reading room.”