Search Results for: Cryptocurrency

October 6, 2024 @ 6:23 pm By Omar Faridi  |  

SlowMist has shared its latest 2024 Q3 MistTrack Stolen Funds Analysis. Every day, SlowMist / MistTrack claims that it receives numerous requests for assistance from victims seeking help in tracking and recovering stolen/lost funds. According to the update, these cases often involve significant funds, with… Read More

September 29, 2024 @ 11:15 pm By Michael Wong  |  

The Federal Bureau of Investigation (FBI) have seized more than $6 million in cryptocurrency from international perpetrators involved in fraudulent investment schemes, according to an official announcement. Matthew M. Graves, U.S. Attorney for the District of Columbia, along with U.S. Attorney Francis M. Hamilton III… Read More

August 31, 2024 @ 3:11 pm By Omar Faridi  |  

Mercuryo, a global payments infrastructure platform, has launched on-ramp services on Ninji Wallet, an “agile” cryptocurrency wallet in the Injective ecosystem with seamless access, robust security and simplified asset management. The collaboration represents a pivotal moment in “enhancing Ninji Wallet’s capabilities, with Mercuryo delivering intuitive… Read More

August 26, 2024 @ 8:30 am By Omar Faridi  |  

After a first semester of major events in the crypto world (Bitcoin halving , approval of ETH and BTC exchange-traded funds or ETFs, etc.), Bitso —the crypto-driven financial services company in Latin America— released the second edition of its report Crypto Panorama in Latin America:… Read More

August 9, 2024 @ 5:48 pm By Omar Faridi  |  

Uppsala Security is pleased to share that it has been instrumental in supporting a landmark investigation in Sri Lanka, marking the country’s first large scale case involving cryptocurrency assets. The team worked closely “with local authorities, especially the Financial Intelligence Unit, conducting thorough investigations that… Read More

July 30, 2024 @ 8:09 am By Omar Faridi  |  

For the “first” time in United States history, crypto has become a significant campaign issue in a presidential election, according to Gemini‘s upcoming 2024 State of Crypto survey. The study shared by Gemini found that “more than one in five Americans currently own cryptocurrency (21%).”… Read More

July 13, 2024 @ 11:06 am By Omar Faridi  |  

While public blockchains are inherently transparent and traceable, illicit actors turn to cryptocurrencies “to launder ill-gotten gains for the same reasons people use them for legitimate purposes: they are cross-border, virtually instant, and generally inexpensive to transact,” the team at Chainalysis noted in a blog… Read More

May 30, 2024 @ 8:33 am By Omar Faridi  |  

Nubank (NYSE: NU), which claims to be the largest digital banking platform in the world outside of Asia, announces the launch of its cryptocurrency transfer functionality. Now, customers can send and receive crypto assets “directly from their wallets.” The solution, which is being gradually rolled out,… Read More

May 14, 2024 @ 10:15 pm By Omar Faridi  |  

Consensys announced the launch of Smart Transactions, a new technology rolling out to all MetaMask users globally as an optional feature. This reimagined transaction experience reportedly offers better transaction success rates, reduces gas costs, and protects users “from harmful MEV (Maximal Extractable Value) attacks such… Read More

May 11, 2024 @ 5:19 pm By Michael Wong  |  

The Financial Intelligence Unit (FIU) of the Indian government has granted Binance and Kucoin, offshore cryptocurrency exchanges, the approval to register and operate as virtual asset service providers in India. This pivotal decision allows them to engage in a broad array of digital asset services,… Read More

May 9, 2024 @ 8:23 am By Omar Faridi  |  

The US, UK, and the Philippines are reportedly leading overall interest in small cap cryptocurrency tokens, according to an extensive update from CoinGecko. According to the research report from CoinGecko, the most degen country in crypto is the US, which “represented 16.8% of global interest… Read More

May 7, 2024 @ 8:40 am By Omar Faridi  |  

Revolut has launched Revolut X, which is described as a standalone / independent cryptocurrency trading platform that’s offered to the Fintech firm’s UK retail clients. Revolut launched in the United Kingdom, providing fund transfers back in 2015 and started enabling users to purchase, hold and… Read More

April 11, 2024 @ 8:26 am By Omar Faridi  |  

When it comes to wealth, younger Americans (millennials and Gen Z) have catching up to do, the team at PolicyGenius noted in a recent update. Adult members of these generations “own just 74 cents for every $1 of wealth that baby boomers owned at the… Read More

March 24, 2024 @ 9:00 pm By Shane Rodgers  |  

The collapse of Bahamas-based crypto exchange FTX sent shockwaves through the alternative investment world and arguably changed the cryptocurrency market forever. Following a mass exodus of investors that exposed an $8 billion gap in the company’s accounts, the market has been attempting to bounce back… Read More

February 21, 2024 @ 7:16 am By Omar Faridi  |  

A professional team of Fintech veterans have introduced Meso, a payment platform which brings crypto-assets and fiat currencies closer, thus making it seamless for clients to transfer funds on- and off-chain. In statements shared with Fortune, Meso co-founder and CEO Ben Mills explained that a… Read More

February 17, 2024 @ 3:58 pm By Michael Wong  |  

Honduras has issued a comprehensive ban on cryptocurrency trading within its financial system, according to a resolution from the National Banking and Securities Commission (CNBS). The regulation, which took immediate effect upon its announcement on Friday, prohibits financial institutions in the country from engaging in… Read More

November 19, 2023 @ 2:58 pm By Michael Wong  |  

India has trained over 3,000 personnel from various cybercrime and police departments to bolster their capabilities in tackling cryptocurrency-related crimes. According to the Ministry of Home Affairs (MHA)’s annual report, India provided specialized training in cryptocurrency forensics and investigations during the financial year 2022-2023. A… Read More

November 11, 2023 @ 11:09 am By Omar Faridi  |  

Cryptocurrency lender Hodlnaut has started its liquidation in Singapore. As widely reported, Hodlnaut is to be liquidated in Singapore following a failed attempt to restructure the firm’s business operations. The company reportedly lost funds during the Terra/Luna collapse and the demise of FTX in late… Read More

September 3, 2023 @ 5:08 am By Michael Wong  |  

As part of its commitment to promoting financial literacy, Gulf Bank is advising its customers on the risks associated with virtual assets like cryptocurrency. The initiative is part of the Let’s Be Aware “Diraya” campaign, now in its third consecutive year, which is spearheaded by… Read More

August 25, 2023 @ 8:52 am By Omar Faridi  |  

Mastercard (NYSE: MA) and digital currency exchange Binance will reportedly be terminating their four cryptocurrency card programs in the South American countries of Argentina, Brazil, and Colombia as well as Bahrain. This will be effective as of September 22, 2023, according to a representative for Mastercard… Read More