On-chain investigator Taylor Monahan exposed a scheme where scammers pose as recruiters from top crypto firms. They use platforms like LinkedIn, Telegram, and freelancing sites to lure targets with high-paying job offers. Victims interested in an online scheme are directed to a seemingly legitimate video interview platform called “Willo | ...
Goldmarketer.com, a leader in digital gold and cryptocurrency trading, has launched the world’s first 24-hour AI-powered customer service system. This groundbreaking initiative is designed to provide round-the-clock, real-time support to users, addressing a critical need in the fast-paced crypto market. The AI-powered system is integrated across Goldmarketer’s platform, offering instant ...
The National Bank of Cambodia (NBC) has authorized commercial banks and payment service providers (PSPs) to offer limited services involving crypto assets, excluding unbacked cryptocurrencies. The policy update, detailed in a directive issued on December 26, 2024, permits the handling of stablecoins and tokenized traditional assets under strict regulations. According ...
The North American Electric Reliability Corporation (NERC) has raised concerns about the growing energy demands of cryptocurrency mining and artificial intelligence (AI) operations, which could challenge grid reliability and forecasting. In its latest Long-Term Reliability Assessment report, NERC highlights the unpredictable and energy-intensive nature of crypto mining and AI data ...
Singapore appears to have edged ahead of Hong Kong in the race to become the leading crypto hub in Asia. Both cities are vying for dominance by introducing specialized regulatory regimes, tokenization initiatives, and innovation-driven sandboxes. However, Singapore's proactive licensing strategy and robust fintech initiatives may have tipped the scales ...
A new scam targeting cryptocurrency users has surfaced, in which fraudsters trick victims into stealing funds from multi-signature wallets. The scam's tactics, exposed in a December 23 blog post by cybersecurity firm Kaspersky, involve using fake seed phrases to lure users into transferring funds and ultimately scamming them. The scam ...
The United States and South Korea are reportedly collaborating on developing advanced mechanisms to combat cryptocurrency thefts allegedly tied to North Korea. According to South Korea's Yonhap News Agency, the two nations have signed an agreement to jointly develop technologies to prevent cryptocurrency thefts, with plans extending through 2026. The ...
Crypto custodian Copper Technologies Ltd. has withdrawn its application to register with the UK’s Financial Conduct Authority (FCA), signalling a shift in focus to international hubs under its new CEO, Amar Kuchinad. According to Bloomberg, Copper's decision to pivot away from the UK follows its failure to obtain permanent registration ...
Bitget, the leading cryptocurrency exchange and Web3 company, has partnered strategically with Fiat24, a Swiss-regulated fintech firm specializing in blockchain-powered banking solutions. The collaboration is focused on developing PayFi solutions for major cryptocurrencies like Ethereum (ETH) and Bitget Token (BGB), as well as stablecoins such as USD Coin (USDC). The ...
Ki Young Ju, CEO and founder of CryptoQuant, has voiced strong concerns about South Korea's economic trajectory, criticizing current government policies for exacerbating economic instability and diminishing the appeal of domestic assets. In a recent post on X, Ki highlighted the strengthening of the Korean Won as a key issue, ...
