General News

‘Pig Butchering’ Scams Remain Major Threat in Crypto

Crypto scams continue to pose a significant danger in 2024, with 'pig butchering' schemes leading the charge, according to a new report by blockchain...

Trump’s 4th NFT Collection Generates $2.2M Amid Controversy

Donald Trump’s latest foray into the world of non-fungible tokens (NFTs) has stirred both financial success and sharp criticism. Just days after its release...

$1 Million Gone in an Hour: Trader Victim to Mbappé Token Scam

A cryptocurrency trader lost over $1 million in just one hour after unknowingly purchasing a fraudulent token linked to French football star Kylian Mbappé....

Crypto Hacks Surge to Over $1.2 Billion in 2024, Immunefi Reports

Cryptocurrency hackers have stolen over $1.2 billion so far in 2024, marking a 15.5% increase compared to the same period in 2023, according to...

Kamala Harris Advisor Confirms Plan to Tax Unrealized Gains

During a recent appearance on CNBC’s Squawk Box, Kamala Harris’ economic advisor, Bharat Rama, confirmed the Vice President’s plan to implement a tax on...

Crypto CEO Stabbed in Court Amid Haru Invest Fraud Trial

Hugo Hyungsoo Lee, the CEO of South Korean crypto firm Haru Invest, was violently attacked and stabbed in the neck multiple times during a...

Bitfarms Takes Control of 120 MW Mining Mega-Site in the US

Bitcoin mining company Bitfarms has taken control of its first mega-site in the United States, significantly boosting its power capacity and expanding its mining...

Japan Targets Web3 Expansion with Startup-Focused Tax Reforms

Japan is ramping up efforts to bolster its Web3 industry by implementing tax reforms aimed at supporting the growth of startups. On August 28,...

Sony Launches Soneium Minato Testnet

Sony has taken a significant step into the Web3 space with the launch of the Soneium Minato public testnet and the Soneium Spark incubator...

Australians Lose $122 Million to Crypto Scams in Past Year

Australians have fallen victim to crypto scams totaling $122 million (AUD 180 million) in the last 12 months, according to a new report from...

New Zealand Introduces OECD Crypto Reporting Framework

New Zealand has taken a significant step toward tightening its oversight of cryptocurrency transactions by introducing a new tax bill that incorporates the Organisation...

White Hat ‘SEAL’ Team Surpasses 900 Investigations

In a bid to combat the growing threat of cryptocurrency hacks, an elite team of ethical hackers known as the "SEAL" team has been...