Day: April 20, 2025

Court Clears Santander in $751K Crypto Scam

When Lourenco Garcia wired $751,000 from his Santander accounts in late 2021, he believed the money would buy cryptocurrency on CoinEgg—a platform he thought legitimate. Instead, it vanished into one of the year’s slicker digital‑asset frauds. Garcia sued, arguing Santander should have flagged the wire requests, stopped them, and saved him from himself. Two years and two […]

Aptos Debates Slashing Staking Rewards

The Aptos community is wrestling with the price of security. This week pseudonymous contributor MoonSheisty filed an on‑chain governance motion that would almost halve the network’s staking yield, ratcheting annual rewards from roughly 7 % to 3.79 % in just three months. The plan aims to put Aptos on an economic diet—realigning emissions with rival layer‑1s while […]

Binance Mandates KYC Rechecks in India

When India’s top cyber‑sleuths descended on the crypto sector last year, Binance found itself in the crosshairs. Investigators flagged missing tax data, the Financial Intelligence Unit slapped a ₹188 million fine, and Apple quietly booted Binance’s app from its India store. Twelve months on, the exchange is scripting a comeback—one PAN card at a time. On […]