Australia Enforces Crypto and Credit Card Gambling Ban
The Australian government has officially enforced a ban on gambling sites accepting crypto and credit cards, a regulation that was announced last year. As of today, the compliance window has closed, and online gambling portals in Australia now face potential fines up to $155,000 for violations. This move is part of a broader effort to […]
Trump Proclaims Himself the “Crypto President”
During a recent fundraising event, Republican presidential candidate Donald Trump declared himself the “crypto president,” a stance that resonated among attendees. According to a report by Reuters, this proclamation was echoed by Trevor Traina, a former ambassador under Trump’s administration, who attended the event. Traina relayed that Trump expressed decidedly pro-crypto sentiments. Trump, however, did […]
Bitcoin ETFs Surge Despite Market Volatility
Amid a tumultuous week in the cryptocurrency market, Bitcoin exchange-traded funds (ETFs) have seen a significant influx of funds, securing nearly $2 billion worth of BTC deposits, as reported by CoinShares. Last Friday, the price of Bitcoin took a steep dive below $69,000, a sharp decline influenced by unexpectedly robust jobs data from the U.S. […]
Crypto: The Game Returns for Season 3 Under Uniswap Labs
Uniswap Labs, the entity behind the prominent Ethereum decentralized exchange, Uniswap, has officially acquired Crypto: The Game, the “Survivor”-inspired reality competition. The announcement made on Monday confirmed that the game’s founders, Dylan Abruscato, Tyler Cagle, and Bryan Lee, will join Uniswap Labs. They will guide the future of the game and assist in refining Uniswap […]
NYAG Targets Crypto Scams with Billion-Dollar Lawsuit
New York Attorney General Letitia James has initiated a billion-dollar lawsuit against two cryptocurrency entities, NovaTech and AWS Mining, accusing them of defrauding hundreds of thousands of investors through illegal pyramid schemes. This legal action, announced in a recent press release, specifically highlights the victimization of over 11,000 New Yorkers, with losses totaling more than […]
Hulk Hogan’s Twitter Tied to Meme Coin Scam
In a week marked by celebrity involvement in cryptocurrency, Hulk Hogan became the latest public figure linked to a dubious meme coin launch, following Caitlyn Jenner and Iggy Azalea. The buzz was initially high with the introduction of the HULK token on the Solana blockchain, but the excitement quickly turned sour as the token was […]
NFT Scam Nets $3 Million: UK Trio Charged
The U.S. Department of Justice (DOJ) has announced charges against three UK nationals for their alleged involvement in a $3 million scam centered around the “Evolved Apes” NFT collection. Mohamed-Amin Atcha, Mohamed Rilaz Waleedh, and Daood Hassan face accusations of wire fraud and money laundering in a classic pump-and-dump operation. According to the DOJ, the […]
Ark Labs Aims to Outshine Lightning with New Bitcoin Payments System
The Bitcoin community is poised for an exciting development as the team behind the layer-2 protocol, Ark, launches a new venture, Ark Labs. This innovative company is set to create a faster and more cost-effective payments system on the world’s largest blockchain, positioning itself as a formidable alternative to the existing Lightning Network. Ark Labs […]
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