Author: AOTCC
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Australia bolsters crypto watchdogs in ”multi-stage’ plan to fight scams
The new measures from the Australian government come as cryptocurrency scams skyrocketed 162% to $221 million in 2022.
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Logan Paul and CryptoZoo sued in class action lawsuit
Plaintiff Don Holland has filed a lawsuit against CryptoZoo and Logan Paul, alleging the YouTube influencer’s “fraudulent venture” executed a “rug pull.”
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Silvergate faces DOJ investigation over FTX and Alameda dealings: Report
The crypto bank hasn’t been accused of wrongdoing, but prosecutors want to see how deep the dealings between the crypto bank and FTX went.
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OpenSea serves as an example of why crypto security must improve
For cryptocurrency to achieve mass adoption, breaches that can be easily prevented — like the phishing attack that resulted in OpenSea losing $1.7 million — need to end.
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Indonesia targets launch of its national crypto exchange by June
Indonesia’s financial services regulator first expressed its intentions to establish a crypto exchange back in 2021.
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MicroStrategy says no plans to stop trading BTC as paper loss hits $1.3B
The company also booked a loss of $34 million on its first-ever Bitcoin sale last quarter but said it was conducted to harvest a tax loss.
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Fiat is in ‘jeopardy’ but Bitcoin, stablecoins aren’t the answer either: Ray Dalio
The hedge fund manager instead wants to see an “inflation-linked coin” be brought to the masses which would serve to ensure consumers secure their buying power.
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Huawei NFTs, Toyota’s hackathon, North Korea vs. Blockchain: Asia Express
Our weekly roundup of news from East Asia curates the industry’s most important developments. Huawei moves to trademark its NFTs According to a Jan. 28 report by Sina News, Chinese telecom giant Huawei has recently filed for eight trademarks related to its Huawei “YunYunBao” nonfungible tokens (NFT) series. The trademarks include digital collectibles in the…
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Only 4 people controlled Tether Holdings as of 2018: Report
New York Attorney General and Commodity Futures Trading Commission probes into Tether in 2021 exposed its previously unknown ownership structure.
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Alleged Mango Markets exploiter waives bail during hearing in federal court
A federal judge presiding over Avraham Eisenberg’s criminal case has reportedly set a followup court date for Feb. 14.