Victims of OneCoin scam given hope with FBI ‘Most Wanted’ arrest as net closes on ‘Cryptoqueen’ July 17, 2022 OneCoin scam victims have been given a sign of hope that the net is closing on 'Cryptoqueen' Ruja Ignatova.
Insurers could speed up rewriting policies to reduce exposure to claims following crypto crash July 15, 2022 The drastic crash in the crypto market could lead to insurers speed up rewriting policies to reduce exposure to claims. Following the crypto rout, which has seen prices of major cryptocurrencies plummeting and wiped out billions of dollars from the market, insurers will likely review or amend policy wordings to avoid indirectly insuring losses from [...]
Binance’s Yi He: “My talent has always been trying to challenge myself” July 15, 2022 In a rare interview, Crypto AM meets Yi He - the Binance co-founder who likes to keep out of the spotlight but wants to push CEO CZ to be more public.
UK in good stead to regulate crypto as specific laws needed, S&P Global says July 15, 2022 The UK is in strong position to regulate crypto and remain a financial hub as tailored laws are needed to prevent investors from facing “substantial risk”, S&P Global said. “Crypto asset investors face substantial risk without built-for- purpose laws and regulation,” the financial information giant said in a report yesterday. “Policymakers will have to move [...]
NFT marketplace OpenSea lays off 20 per cent of staff as crypto crash persists July 15, 2022 OpenSea, the world’s biggest NFT marketplace, has cut 20 per cent of its staff as the severe crypto rout hits firms across the industry. CEO Devin FInzer announced the cuts yesterday, saying, “We have entered an unprecedented combination of crypto winter and broad economic instability, and we need to prepare the company for the possibility [...]
Revolut hits 20 million users as app toasts seventh anniversary July 15, 2022 Financial app Revolut has just surpassed 20 million retail customers worldwide, and is now processing 250 million transactions a month.
BNB Chain launches DappBay platform with Red Alarm July 14, 2022 Binance's BNB Chain has today launched DappBay - a dApp hub on the BNB Chain ecosystem to warn users of potential rug pulls and scams.
Celsius feels the heat as crypto lender files for bankruptcy July 14, 2022 Cryptocurrency lender Celsius Network has become the latest big name to fall victim to a global downturn in digital asset values.
MPs launch crypto inquiry to shore up defence against market crash July 13, 2022 The influential Treasury select committee has launched an inquiry into the role of crypto-assets in the UK today as lawmakers look to shore up the UK's financial system against another crypto crash.
Exchanges responsible for stolen crypto and legal documents can be served via NFTs, High Court rules July 13, 2022 Crypto exchanges will be responsible for stolen crypto on their platforms and legal documents can be served through NFTs, the High Court of England and Wales decided yesterday. Exchanges like Binance hold cryptocurrency as trustees and are responsible for stolen crypto on their exchanges, the court held. The court’s decision also means that victims of crypto [...]