Singaporean megabank DBS works on expanding Bitcoin trading to retail
DBS Bank’s crypto exchange launched in late 2020, allowing to trade cryptocurrencies only to professional investors. Go to Source Powered by WPeMatico
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Chainalysis report finds most NFT wash traders unprofitable
Findings from Chainalysis shows the NFT space to be prone to wash trading, but most traders are not profiting. Go to Source Powered by WPeMatico
Youtuber and alleged thief publicly refuses to return investors’ funds after $750k rug pull
“Yeah, I could give the money back. It is within my power, but I’m gonna look out for myself and not do that,” said Ice Poseidon when confronted in a video interview. Go to Source Powered by WPeMatico
The biggest crypto heists of all time
Crypto exchanges are hacked surprisingly often. A few of the biggest crypto heists that occurred in the past few years are discussed in this article. Go to Source Powered by WPeMatico
NCFTA onboards crypto exchange Binance to fight against cybercrime
By partnering with Binance, the NCFTA aims to tackle international cybersecurity investigations by co-sharing threat intelligence. Go to Source Powered by WPeMatico
SEC Chair Gensler Discusses How Securities Laws Apply to Crypto Tokens — Won’t Say if Ethereum Is a Security
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has explained how securities laws apply to cryptocurrency tokens as he outlined the commission’s priorities in regulating the crypto space. “Our role at the SEC is to ensure that the public still gets basic protection,” he stressed. SEC Chair Gary Gensler on Cryptocurrency … Read more
Pakistan to investigate Binance for multi-million dollar crypto scam
The federal agency of Pakistan started a criminal investigation after receiving numerous complaints against an ongoing scam that involved misleading investors into sending funds from Binance wallets to unknown 3rd-party wallets. Go to Source Powered by WPeMatico
Pakistanis Lose Millions to Crypto Scam, Pakistan Issues Notice to Binance
Investors from Pakistan have become victims of a massive fraud using cryptocurrency. The country’s main law enforcement agency has issued a notice to crypto exchange Binance in relation to the scam which resulted in the loss of $100 million dollars for Pakistanis, media reports revealed. Fraudsters Lure Pakistanis to Invest in Cryptocurrency Through Binance Pakistan’s … Read more
Indian taxman recovers $6.62M from WazirX for evading tax on commission
Government officials from CGST Mumbai Zone recovered the funds from crypto exchange WazirX after detecting a GST evasion of $5.43 million on trade commissions. Go to Source Powered by WPeMatico
Indian police commissioner issues a public warning against crypto frauds
On behalf of the Hyderabad City Police, Addl. Commissioner Shikha Goel asked Indian citizens to invest in crypto only through reputed and long-established players in this field. Go to Source Powered by WPeMatico
