According to a report by TRM Labs, cryptocurrency pyramid and Ponzi schemes worldwide are estimated to result in a total payout of $7.8 billion in 2022.
The Terra Classic (LUNC) ecosystem recently witnessed a series of significant developments. Following a joint governance proposal for liquid collateralized derivatives
The Financial Action Task Force (FATF) has reiterated its call for countries to enforce the "travel rule" as a means to combat money laundering and terrorism financing associated with cryptocurrencies.
The Australian government has introduced a draft bill that threatens significant fines for tech and social media giants if they fail to remove misinformation from their platforms.
The Australian Treasury's approach to defining crypto assets in its digital asset token mapping will be "technology agnostic" and "principles-based," according to a Treasury official.
Australia's cryptocurrency industry is likely to face ongoing banking challenges as the government and major banks remain firm in their stance against scams involving cryptocurrencies.
California Representative Maxine Waters, who holds a prominent position on the US House Financial Services Committee, has urged federal regulators to provide their input on a proposed framework for digital assets.
The federal judge presiding over the lawsuit involving Binance.US, Binance Holdings Ltd., CEO Changpeng Zhao (CZ), and the Securities and Exchange Commission (SEC) has rejected a motion that sought to prevent the SEC from making public statements regarding the case
Amazon Web Services (AWS) -- the e-commerce giant's cloud arm -- said it will allocate $100 million to build a center to help entities leverage generative artificial intelligence (AI).
Singapore-based cryptocurrency trading service provider, Crypto.com, has obtained registration as a virtual asset service provider from the Bank of Spain.
Digital Asset, the New York-based firm behind the now-defunct blockchain-based clearing system for the Australian Securities Exchange (ASX), has accused the ASX of abandoning its blockchain plans.
According to documents from the US Federal Deposit Insurance Corporation (FDIC), stablecoin issuer Circle and venture capital firm Sequoia Capital were among the top 10 depositors at Silicon Valley Bank (SVB)
Global cryptocurrency exchange Binance has terminated its services in the Netherlands, exiting the Dutch market after failing to obtain a virtual asset service provider (VASP) license.
CertiK, a leading blockchain security firm, has been granted a generous $500,000 bounty by the Sui network after identifying a potential threat that could compromise Sui's layer-1 blockchain.
Etherscan, the Ethereum block explorer and analytics platform, has unveiled an innovative tool called "Code Reader" on June 19. Powered by artificial intelligence (AI),
Tether Operations Limited, the company responsible for the USD stablecoin Tether, and Bitfinex, a cryptocurrency exchange, jointly announced a grant of 100,000 USDT to support the development of Qubes OS.
On June 20, Binance, a prominent cryptocurrency exchange, made an announcement stating that it has initiated the operation of a node on the Bitcoin Lightning Network.
Nike, the renowned footwear and apparel company, has hinted at the possibility of releasing a series of sneaker non-fungible tokens (NFTs) within the popular online game Fortnite.
