The North American Securities Administrators Association (NASAA) has issued a stark warning about the growing threat of cryptocurrency and social media scams, emphasizing the increasingly deceptive tactics used by fraudsters to exploit investors. In a March 6 statement, NASAA identified these scams as a top risk for retail investors in ...
Cardano founder Charles Hoskinson revealed that he was not invited to the White House Crypto Summit on March 7, despite ADA being included in President Trump’s proposed crypto reserve. His exclusion has sparked discussions within the crypto community. Hoskinson expressed surprise during a March 6 broadcast: "We didn’t receive an ...
A US state securities regulator has raised concerns over the increasing use of artificial intelligence in cryptocurrency fraud, warning that scammers are exploiting AI tools, social media, and cryptocurrency ATMs to target investors. This warning came from Claire McHenry, deputy director of the Nebraska Department of Banking and Finance (NDBF) ...
Crypto phishing losses continued their downward trend for the third consecutive month in February, falling 48% to $5.32 million from $10.25 million in January and $23.58 million in December, according to ScamSniffer data. In a March 5 X thread, the blockchain security platform reported that 7,442 victims fell prey to ...
South Korean regulators are intensifying efforts to prevent financial crimes and strengthen the integrity of the nation's financial system, particularly in the rapidly evolving crypto landscape. The country's Financial Intelligence Unit (FIU) is reportedly tightening anti-money laundering (AML) regulations by strengthening oversight of crypto transactions. Local news outlet Wow TV ...
Upbit has announced the listing of KAITO, an AI-powered digital asset, for trading against South Korea's won, Bitcoin, and Tether’s USDT. The exchange stated that deposits for KAITO would open within two hours of the announcement, making them available by 5:47 AM KST on March 5, with trading set to ...
Russia is considering launching an experimental cryptocurrency trading platform for “super-qualified” investors as a way of providing a controlled framework for digital asset transactions. According to state news agency Interfax, Aleksey Yakovlev, head of the Ministry of Finance’s financial policy department, confirmed that discussions are underway to establish the initiative. ...
Chris Burniske, co-founder of Placeholder, sees the recent crypto downturn as a natural market correction rather than the end of the bull cycle. He argues that while fears of further declines persist, similar doubts have accompanied every major market bottom in crypto history. Burniske believes many investors are capitulating at ...
Samson Mow, CEO of Jan3Com, has weighed in on U.S. President Donald Trump’s recent proposal for a Strategic Bitcoin/Crypto Reserve, casting doubt on whether altcoins like XRP, Solana (SOL), Cardano (ADA), and Ethereum (ETH) will be included. Trump recently stated that he would direct a working group to move forward ...
The U.S. Securities and Exchange Commission (SEC) has announced the formation of a Crypto Task Force and a series of roundtables to address key regulatory concerns in the cryptocurrency industry. The “Spring Sprint Toward Crypto Clarity” initiative will begin on March 21 with an inaugural session titled “How We Got ...
