The Chinese authorities have announced that they have prosecuted those behind the Magic Data Chain (MDC) pyramid scheme, which was purported to be a crypto project. Eight people have been charged in China's Rong County, Zigong City, for...
Algoracle is increasingly developing a stellar reputation in the blockchain space owing to its innovative features and laudable accomplishments. The decentralized oracle network, built on the Algorand blockchain, has officially closed its seed round, raising a total of...
According to reports, South Korean authorities have launched an emergency study to assess the effects of cryptocurrencies on the economy, particularly in light of the recent TerraLuna crash. As part of the emergency assessment program, South Korean financial...
The crypto space has witnessed tremendous growth in recent years, capturing the attention of several governments. A once-unnoticed industry is now brimming with diverse regulations and policies to guide the operations of crypto exchanges, blockchain platforms, crypto enthusiasts,...
There are numerous blockchains in the blockchain space, each with its own set of features. Some are designed specifically to solve the blockchain trilemma, particularly the scalability challenges that older chains such as Ethereum are confronting. Some networks...
IndiGG is a subDAO of Yield Guild Games, a gaming guild dedicated to providing earning opportunities for its members in the play-to-earn (P2E) ecosystem. This subDAO is one of several that fall under the purview of YGG and...
The orchestrators of a popular bitcoin Ponzi scheme operating in South Africa have been ordered to repay $291 million in restitution for their fraudulent activities. Mirror Trading International (MTI) ran the bitcoin Ponzi scheme, and eighteen individuals involved...
Ruja Ignatova, the founder, and mastermind of the popular scam Onecoin has been named one of Europe's most wanted individuals. She is renowned as the "crypto queen," as she built an infamous crypto pyramid scheme that fleeced unsuspecting...
Do Kwon, Terra's co-founder is at the forefront of the recent drop in the value of Luna and the stablecoin TerraUSD, or UST. Since it was devalued against the US dollar, the UST has experienced a decline in...
Despite the current downturn in the cryptocurrency market, El Salvador has purchased an additional 500 bitcoins. The crypto market is currently in the red, with cryptocurrency values plummeting. Notwithstanding the tide of events, El Salvador's president, Nayib Bukele,...
