Grant Colthup, the ex-CEO of a defunct Australian cryptocurrency exchange, is facing fraud charges. He’s accused of misusing $1.47 million intended for bitcoin purchases. ASIC, the Australian regulator, alleges Colthup …
Bitcoin News
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Bitcoin News
LBank x 7 Meme Projects: Don’t Miss the Halloween Campaign with $7,000 in Prizes
by skolnesPRESS RELEASE. LBank, leading global cryptocurrency exchange, has officially launched its “Spooky Season” Halloween Campaign, running from October 22 to November 3, 2024. With a total prize pool of $7,000 …
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A South African artificial intelligence association has accused Linkedin of violating local data privacy laws by using user data to train its AI models without explicit consent. The association has …
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Iranian Ambassador Kazem Jalali has urged BRICS nations to establish an independent financial and banking system, free from Western standards, which he claims harm Global South countries. Speaking ahead of …
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Bitcoin News
UK Stands Firm on Tough Crypto Regulations, Warns Against Lowering Crypto Standards
by skolnesA Financial Conduct Authority (FCA) official has emphasized the importance of high regulatory standards for crypto asset registrations. She defended the UK’s stringent rules, aiming to protect consumers and financial …
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Bitcoin News
Japan’s Election Heats up With Calls for Crypto Tax Cuts and Regulatory Reforms
by skolnesYuichiro Tamaki, leader of Japan’s Democratic Party for the People, is advocating for significant cryptocurrency tax reforms ahead of the general election. His party proposes a 20% tax on crypto …
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Bitcoin News
Japanese Entertainment Giant’s Crypto Arm in Partnerships to Support Web3 Economy
by skolnesJapanese cryptocurrency exchange DMM Crypto has secured Neoclassic Capital, a Florida-based global investment firm, as its lead investor. DMM Crypto also partnered with Presto, a quantitative trading company. The investments …
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Bitcoin News
Football Stars to Face Legal Actions Regarding $3.2B Pyramid Scheme Promotion
by skolnesPromoting Omegapro, a pyramid scheme that raised over $3 billion from over 3 million customers, might make a group of European football stars face legal action. Hundreds of users affected …
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The rapid rise of BRICS is challenging the relevance of the G20 as a global platform, with BRICS nations now surpassing the G7 in economic output. As BRICS gains influence, …
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Liminal Custody has released an update addressing the allegations and misinformation surrounding the Wazirx security breach. The company clarified that while Wazirx blamed it for the incident, the exchange continued …