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Crypto service providers who fail to take “reasonable care” to comply with the requirements could be fined between 20,000 and 100,000 New Zealand dollars ($12,000 and $62,000). Go to Source
After a significant slump, the AI and big data crypto market cap has rebounded by nearly 80%, driven by renewed investor confidence. Go to Source
Thailand has extradited Malaysian businessman Tedy Teow, also known as Zhang Yufa, to China over a massive cryptocurrency scam amounting to more than 100 billion yuan (US$14 billion). This marks the first extradition under the Thailand-China treaty since 1999. Teow, the founder of MBI Group, is accused of running a pyramid scheme that defrauded over … Read more
Crypto service providers who fail to take “reasonable care” to comply with the requirements could be fined between 20,000 and 100,000 New Zealand dollars ($12,000 and $62,000). Go to Source
Yang Bin, a 61-year-old Dutch national, was sentenced by a Singapore court to six years in prison and fined S$16,000 Singapore dollars for orchestrating a cryptocurrency Ponzi scheme. Yang’s company, A&A Blockchain Innovation, falsely claimed to own 300,000 cryptocurrency mining machines, promising investors a daily return of 0.5%. In reality, the company had no such … Read more
Crypto community members fear that Durov’s arrest may lead to stricter controls on decentralized technology. Go to Source
The crypto security team is preparing to launch a battleground for hackers and crypto protocols at the DeFi Security Summit at Devcon in November. Go to Source
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from the past week. In this edition, we discuss the recent investments made by the Salvadoran government in Bitcoin education and certification, and how these initiatives might increase trust in cryptocurrency and boost adoption in the country. Latam … Read more
Bitcoin’s monthly candlestick pattern could indicate where markets are going next, according to analysts. Go to Source
United Arab Emirates-based investment firms Hodler Investments and Gewan Holding have announced plans to launch a $500 million Digital Energy Infrastructure (DEI) Fund. This fund aims to invest in energy infrastructure projects that support the growth of the digital economy. The DEI Fund will invest in a variety of projects, including power generation, data mining, … Read more