Seized exchange Bitzlato allows users to withdraw 50% of Bitcoin
Bitzlato is yet to resolve the issue with the remaining 50% of user funds and may eventually compensate using its own funds. Go to Source Powered by WPeMatico
Month: March 2023
Visa: Token bridges were a favored target for thieves in 2022
The fraudsters would normally exploit the smart contracts to allow for the approval of unauthorized transactions. Go to Source Powered by WPeMatico
Bitcoin $30K bets greet FOMC as analyst warns over long liquidations
Bitcoin may celebrate no matter what the Fed decides on interest rates, but the extent of longs that would be liquidated below $20,000 has one analyst worried. Go to Source Powered by WPeMatico
Paris Blockchain Week 2023: First day of the Summit kicks off
Pre-summit events such as the Talent Fair, Startup Competition and Investors Day made up the day on March 20 at Paris Blockchain Week. Go to Source Powered by WPeMatico
Class action lawyers claim YouTuber ‘BitBoy Crypto’ threatened them
In a court filing, lawyers in a class-action lawsuit alleged that Ben Armstrong “began harassing” them after he was named a defendant. Go to Source Powered by WPeMatico
Central Bank of Venezuela Lags in Delivering Economic Data, Experts Fear Upcoming Hyperinflation
The Central Bank of Venezuela is lagging when it comes to delivering economic data this year, failing to publish the inflation numbers for the last four months. Venezuelan economists believe this delay might mean that the country is starting to enter a new hyperinflation period, with the government trying to hide it by not offering … Read more
Nigeria CBDC adoption spikes as fiat currency shortage grip the nation
The acute cash shortage in Nigeria was due to the central bank’s decision to replace older bank notes with bigger denominations amid rising inflation. Go to Source Powered by WPeMatico
US Senator Ted Cruz tries again with new bill to block CBDC
Ted Cruz said it is “more important than ever” to ensure the financial privacy of American citizens is preserved. Go to Source Powered by WPeMatico
Crypto Exchange Bitzlato Restores User Access to Half of Bitcoin Balances, Report
Bitzlato users can now partially withdraw their bitcoin funds from the dismantled cryptocurrency exchange, according to a media report. The Russia-linked trading platform was targeted by Western law enforcement and had its France-based server infrastructure seized in January. Bitzlato Customers Allowed to Withdraw Up to 50% of Their Bitcoin at the Exchange Users of Bitzlato’s … Read more
OneCoin head of compliance facing 40 year sentence after US extradition
The alleged fraudster was accused of doing the “exact opposite” of her job title, which was to ensure OneCoin was complying with laws. Go to Source Powered by WPeMatico