The U.S. Department of Justice (DOJ) and the Federal Bureau of Investigation (FBI) have unveiled charges against three UK nationals for a fraudulent non-fungible token (NFT) scheme involving “Evolved Apes,” promising a game development. “They allegedly took investor funds, never developed the game, and pocketed the proceeds.” US Charges 3 UK Nationals in NFT Rug…
According to Osman Kabaloev, the Deputy Director of the Financial Policy Department at Russia’s Ministry of Finance, the recognition of Bitcoin mining as an official economic activity is set to happen soon. Following the approval of a law regulating cryptocurrency mining, this activity would be assigned an OKVED code, which classifies company activities for licensing…
Digital asset investment products have witnessed significant inflows totaling $2 billion, marking a strong five-week streak that accumulates to $4.3 billion. As reported by Coinshares, this surge aligns with increased trading volumes and shifting monetary policy expectations. Record-Breaking Week for Digital Assets as U.S. Ethereum ETF Approval Sparks $2 Billion Surge Digital asset investment products,…
Ricardo Salinas, the third wealthiest man in Mexico, has recently doubled down on his proposal to use Bitcoin as a reserve asset. On social media, Salinas defended the role of Bitcoin as an inflation hedge, commenting on a post that presented inflation as a hidden tax on fiat money and advised his followers to purchase…
Ahmad Shadid, the founder of the decentralized physical infrastructure network (DePIN) protocol io.net, has announced that he is stepping down as CEO “effective immediately.” He said that despite the allegations against him in the past, his resignation as CEO is to allow io.net to move forward without interference. COO Tory Green Takes Over “Today I…
With the advancements in crypto, especially the rise of robo-advisor tools, platforms like RCO Finance use crypto AI to bring significant returns to traders. Robo-advisor tools can compile large amounts of data on market trends and historical stock performance and make quick decisions based on these models. RCO Finance (RCOF) is a DeFi platform incorporating…
Over the past weekend, 211.51 dormant bitcoins valued at $14.79 million were reactivated after over a decade of inactivity. More than half of these funds originated from bitcoin wallets that had been inactive since 2012. Vintage Bitcoin Wallets Unleash 211.51 Bitcoin Since June 8, 2024, a series of four transactions brought 211.51 dormant bitcoins back…
TL;DR Shibarmy Scam Alerts warned about fraudulent websites targeting Shiba Inu users, urging verification of site legitimacy. The Shiba Inu team previously cautioned about fake Dapps and deceptive offers, emphasizing double-checking URLs and avoiding suspicious links. The Latest Alert The X account focused on treats surrounding Shiba Inu and its native token SHIB – Shibarmy…
[PRESS RELEASE – NY, USA, June 10th, 2024] Solnarize, the innovative meme coin on the Solana blockchain, is thrilled to announce that it has raised over 200 SOL within minutes of launching its $SRIZE token presale. This milestone follows the recent preview of the Solar Defender play-to-earn (P2E) game. Solnarize: Where Fun Meets Sustainability Solnarize…
Regulators will inevitably approve a Dogecoin ETF after both Bitcoin and Ethereum hit US public markets, according to BitMEX co-founder Arthur Hayes. During a Sunday interview alongside Real Vision CEO Raoul Pal, the two investors reviewed their favorite meme coin and crypto picks this cycle, as well as the top risks currently looming over the…