The Commodity Futures Trading Commission (CFTC) chairman Rostin Behnam is set to appear in court and discuss his past interactions with Sam Bankman-Fried, the ex-CEO of FTX who received a 25-year sentence for fraud linked to the cryptocurrency exchange. Behnam reportedly had numerous conversations with Bankman-Fried before the legal issues arose. Based on Behnam’s account, … Read more
The RBF has issued a caution against using cryptocurrencies for transactions or financial gains. This advisory follows proposals to control advertising of cryptocurrencies within Fiji. Ariff Ali, the governor of the Central Bank, boasts that our campaign has gained significant online visibility through social media platforms. To date, no businesses have been granted permission by … Read more
The latest CoinShares report reveals that institutional investors have reduced their holdings of Bitcoin by $110 million, leading to a net outflow from crypto assets. Additionally, the number of investment tools used in crypto has decreased, causing the total value of tokens in the market to drop to $126 million over the past week. Although … Read more
A grand jury announced that Charles O. Parks III, better known as CP3O, is accused of orchestrating a large-scale cryptojacking operation. The authorities are investigating Parks for tricking cloud computing service providers into allowing him to mine cryptocurrency, which was originally valued at approximately $1 million but grew to nearly $3.5 million in value. On … Read more
Trust Wallet, which is supported by Binance, warned about a potentially risky hacking method that criminals could use through Apple iMessage based on reliable information they received. A representative from the company providing self-managed crypto wallets announced that hackers using the dark web have been able to access iPhones and iOS devices through a previously … Read more