DIGIT INFO – Cryptocurrency News

FTX customers warned of scammers baiting them with return of assets

Scammers have been trying to trick customers by offering them the prospective return of their assets.

Nifty News: Bitcoin NFTs cause spicy fees, Mastercard exec tokenizes resignation letter and more

Users are posting massive files to the Bitcoin network via the Ordinals protocol, taking up block space and paying high fees to do so.

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Marathon’s first Bitcoin sale in 2 years not the result of distress

The sale is the first time Marathon Digital has sold its mined Bitcoin since October 2020, but a spokesperson said it wasn’t as a result of distress.

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Australia bolsters crypto watchdogs in ”multi-stage’ plan to fight scams

The new measures from the Australian government come as cryptocurrency scams skyrocketed 162% to $221 million in 2022.

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US Judge Dismisses Customer Lawsuit Against Crypto Exchange Coinbase

Judge Dismisses Lawsuit Against Coinbase by Crypto Exchange's Customers

A U.S. district judge has dismissed a lawsuit against Coinbase and its CEO Brian Armstrong filed by customers of the crypto exchange. The lawsuit alleges that Coinbase sold 79 crypto tokens that are unregistered securities. Customer Lawsuit Against Coinbase Dismissed A proposed class action lawsuit filed in Manhattan by customers of cryptocurrency exchange Coinbase (Nasdaq: […]

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OpenSea serves as an example of why crypto security must improve

For cryptocurrency to achieve mass adoption, breaches that can be easily prevented — like the phishing attack that resulted in OpenSea losing $1.7 million — need to end.

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Indonesia targets launch of its national crypto exchange by June

Indonesia’s financial services regulator had hoped to set up the crypto exchange by the end of 2022, but this was delayed by a number of obstacles.

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Charlie Munger Urges US Government to Ban Crypto Like China Has Done

Charlie Munger Urges US Government to Ban Cryptocurrencies

Warren Buffett’s right-hand man and the vice chairman of Berkshire Hathaway, Charlie Munger, has urged the U.S. government to ban cryptocurrencies like China has done. “A cryptocurrency is not a currency, not a commodity, and not a security. Instead, it’s a gambling contract with a nearly 100% edge for the house,” he stressed. Berkshire Vice […]

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MicroStrategy says no plans to stop trading BTC as paper loss hits $1.3B

The company also booked a loss of $34 million on its first-ever Bitcoin sale last quarter but said it was conducted to harvest a tax loss.

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Logan Paul and CryptoZoo sued in class action lawsuit

Plaintiff Don Holland has filed a lawsuit against CryptoZoo and Logan Paul, alleging the YouTube influencer’s “fraudulent venture” executed a “rug pull.”

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