In a significant turn of events for the cryptocurrency hedge fund Three Arrows Capital (3AC), a court in the British Virgin Islands has issued a worldwide asset freeze worth $1.14 billion on the fund’s co-founders: Su Zhu and Kyle Davies, … Continue reading Three Arrows Capital Co-Founders Face $1.14 Billion Global Asset Freeze by British Virgin Islands Court

The crypto world recently experienced a significant milestone as the United States Court of Appeals finalized the forfeiture of 69,370 Bitcoin on December 20, 2023. This decision, originating from the infamous Silk Road case, denotes one of the most substantial … Continue reading Silk Road’s 69,370 Bitcoin Now In US Government Hands

In a recent high-profile case, a Polish court has made a significant ruling, finding 14 individuals from Russia, Belarus, and Ukraine guilty of espionage. The alleged spy ring operated within Poland and accepted crypto payments of up to $10,000 to … Continue reading Crypto-Paid Spy Network Exposed: Espionage With a Crypto Twist

NFT Trader, a renowned peer-to-peer non-fungible token trading platform, has recently been the target of a series of exploits, resulting in substantial multi-million dollar losses for its users. The attack, which took place on December 16, saw bad actors abscond … Continue reading NFT Trader Faces Multi-Million Dollar Losses in Devastating Exploits

Jimmy Wales, one of the co-founders of Wikipedia, has emerged as a vocal critic of Bitcoin, expressing skepticism about its dependability compared to traditional banking systems. Wales recently shared a critical analysis of the cryptocurrency on social media, emphasizing the … Continue reading Wikipedia Founder Bashes Bitcoin, Igniting Strong Responses From Prominent Crypto Figures

The recent seizure of approximately $500,000 in digital currency linked to a Southeast Asian investment scam by the US Secret Service signals a significant escalation in the nation’s battle against crypto investment fraud. This action follows increased vigilance against ‘pig … Continue reading The Rising Threat of Crypto Investment Fraud and the Latest Crackdown on Pig Butchering Schemes

Bitcoin has erupted into the headlines amidst a concerning ordeal involving the esteemed video game developer, Insomniac Games, recognized for its acclaimed Marvel’s Spider-Man series. Recent reports reveal that Insomniac Games has fallen prey to a malicious hacking incident, with … Continue reading Major Cybersecurity Threat Hits Insomniac Games: Rhysida Demands 50 BTC Ransom

Friday marked a historic milestone in the tech world as European Union (EU) negotiators unveiled the world’s first complete set of rules for artificial intelligence (AI). The culmination of their efforts was the drafting of the “Artificial Intelligence Act,” signifying … Continue reading European Union’s Artificial Intelligence Act: Shaping the Future of Tech and Cryptocurrency

The emergence of the Ordinals vulnerability within the Bitcoin network has raised significant concerns within the United States’ cybersecurity landscape. This vulnerability, centered around the Ordinals Protocol, has drawn focused attention from the National Institute of Standards and Technology (NIST), … Continue reading The Impact of the Ordinals Vulnerability on Bitcoin’s Cybersecurity

Technology giant Google has recently announced a significant policy modification regarding cryptocurrency-related advertising. The update allows for the promotion of cryptocurrency coin trusts, and is anticipated to have a global impact beyond the borders of the United States. The revised … Continue reading Google’s New Policy Change and Its Impact on Crypto Advertising