Crypto fraudsters take advantage of Twitter’s inadequacies to break into the video game’s account Yesterday, the official Twitter account for Fortnite experienced an unexpected hack. The perpetrator of the hack has yet to be identified, but right after the incident, a tweet endorsing the new $FNITE TOKEN appeared on FNCompetitive’s timeline. Given that Epic Games […]

John Forsyth died of an apparent suicide, although some doubt the theory Police are not treating the death of the creator of the cryptocurrency project ONFO coin as suspicious, despite his body being discovered a week after he apparently suffered a fatal gunshot wound. Dr. John Forsyth, an emergency room doctor and advocate of cryptocurrency, […]

The lack of regulations across North America continues to impact crypto operations From May 31, 2023, Bybit will no longer allow new customers to use its cryptocurrency exchange services in Canada. Existing customers will also lose access to the platform from July 31. The company decided to stop providing its products and services to Canadians […]

The dispute over government spending pulls attention away from the crypto space Over the weekend, the US debt ceiling agreement between US President Joe Biden and House Speaker Kevin McCarthy was disclosed. A significant aspect of it seems to be the elimination of a number of taxes that the Biden administration put forward, including the […]

The uncertainty of crypto regulations in the US is forcing companies to move offshore The co-founder of Strike, Jack Mallers, made a bold announcement during the Bitcoin 2023 event held recently in Miami. He stated that his company plans to shift its base of operations to the Central American country of El Salvador. This decision […]

Ripple bought a minority stake in the company from Pantera Capital During Galaxy’s shareholder conference call on May 9, it was disclosed that Ripple has made news by obtaining a minor stake in one of the original cryptocurrency exchanges, Bitstamp. This acquisition was completed through a renowned digital currency hedge fund, Pantera Capital. The transcript […]

The crypto exchange continues to face controversy, although it asserts it has done nothing wrong According to insiders familiar with Binance’s financial operations, the cryptocurrency exchange swapped comingled business funds with US clients during 2020 and 2021. Reuters reports that the company has been frequently mixing users’ funds with Silvergate Bank, investing billions in the […]

Cryptocurrency wallets are not as anonymous as many once thought Pascal Gauthier, the CEO of Ledger, has verified in a recent interview that the government can access customers’ cryptocurrency wallet private keys via the Ledger Recover feature under certain circumstances. Gauthier emphasized that these warrants are not applicable to everyone. Nonetheless, his statements corroborated the […]

Cryptocurrency has come far in the past 13 years, but still has far to go As some cryptocurrency fans on Americas Cardroom know, May 22 marks a globally celebrated event among crypto enthusiasts – Bitcoin Pizza Day. This day holds significant importance as it commemorates the very first occasion when Bitcoin, the oldest and most […]

Coin Cafe allegedly used deceptive practices to attract investors before defrauding them Coin Cafe, a Brooklyn-based cryptocurrency firm, has been ordered to pay restitution of $4.3 million to defrauded investors by New York Attorney General Letitia James. Following an investigation conducted by the Office of the Attorney General (OAG), Coin Cafe was found guilty of […]

The global payments giant is helping advance the use of blockchain technology Visa’s Head Of Cryptocurrency, Cuy Sheffield, has announced the debut of their inaugural paymaster smart contract on Ethereum’s Goerli testnet. The multinational payment technology corporation that operates across 200 countries anticipates this development to tackle practical difficulties and elevate consumer satisfaction with blockchain […]

The securities regulator tells Coinbase to quit being impatient, despite waiting a year for a response Coinbase’s demand for information spurred a response from the US Securities and Exchange Commission (SEC) on Monday following a court order. The SEC’s reply came as a result of a July 2022 filing from Coinbase where it claimed that […]

All crypto players in the EU will soon have to conform to standardized regulations The European Union (EU) has done what the US still hasn’t been able to. On Tuesday, it announced that it has given the green light to an all-encompassing set of regulations that are aimed at governing cryptocurrency assets. This move puts […]

The government law enforcement agency wants to clean up the crypto ecosystem The Department of Justice (DOJ) is vigorously committed to ensuring that law enforcement stays vigilant in their efforts to combat wrongdoing related to cryptocurrency, according to one of its top executives. Its aim is to relentlessly pursue all criminal activity associated with any […]

The securities watchdog is facing mounting pressure to take a stance on cryptocurrency The Securities and Exchange Commission (SEC) has come under increasing pressure to quit stalling on its cryptocurrency stance. More pressure is arriving, as Empower Oversight, a watchdog group, has filed a lawsuit, demanding that the federal government fulfill a Freedom of Information […]