FBI warns of phishing scams and social media account hijackers


The FBI warned that the account hijackers work to “create a sense of urgency” with their posts, and urged people to vet any website or potential opportunity before clicking on it. The Federal Bureau of Investigation has warned of criminal actors that are hijacking social media accounts and posing as legitimate people in the nonfungible

Australia’s Bendigo Bank blocks high-risk payments to crypto exchanges


Chainalysis policy lead Chengyi Ong warned crypto users may eventually have no choice but to deal with offshore unregulated exchanges. Australia’s Bendigo Bank has become the fourth major bank in the country to announce blocks for “high-risk crypto payments,” citing the need to protect customers from investment scams.The bank said on July 31 it implemented

Your Precoiner Friends Might Not Understand The Problems That Bitcoin Is Solving


This is an opinion editorial by Mickey Koss, a West Point graduate with a degree in economics. He spent four years in the infantry before transitioning to the Finance Corps.It may seem counterintuitive, but in my last four years serving for the U.S. Army, I’ve essentially been a customer service specialist, whether it’s addressing pay

SEC hints at potential appeal to XRP ruling from Ripple Labs lawsuit


According to court documents, the SEC stated that it is now “considering the various available avenues for further review” on the ruling which found XRP to not be a security. The U.S. Securities and Exchange Commission has suggested that it may appeal a recent ruling on the Ripple Labs lawsuit, which deemed XRP to not

SEC could be waiting ‘years’ to file appeal in Ripple case: Brad Garlinghouse


According to Ripple CEO Brad Garlinghouse, the filing of an appeal by the U.S. Securities and Exchange Commission would “only further” solidify Judge Torres decision that XRP is not a security. Ripple CEO Brad Garlinghouse believes the United States Securities and Exchange Commission (SEC) will face a prolonged process before having the chance to appeal

Rush for Hong Kong’s crypto licenses yet to translate to jobs: Recruiters


Hundreds of firms have been lining up for a Hong Kong crypto license, but recruiters say they are yet to see an accompanying rush for talent. Crypto firms may appear to have been prepping entry to Hong Kong with unabated excitement, but it’s yet to translate into in-country hires, according to recruitment executives. On June

Bitcoin Is More Than Money, It’s A Tool For Self Transformation


This is an opinion editorial by Heliand, a Bitcoiner with a background in real estate and finance.In the realm of digital currencies, Bitcoin has emerged as a groundbreaking phenomenon, revolutionizing not only the financial landscape but also the way we perceive and interact with money.However, beyond its potential for economic empowerment, Bitcoin holds a deeper

Multichain MPC bridge sees $100M+ outflows, sparking fears of exploit


Some Multichain contracts on Ethereum suffered withdrawals of more than half of their deposits, causing on-chain sleuths to fear an exploit is underway. Abnormally large outflows from the Multichain MPC bridge platform are sparking fears of a multi-million dollar exploit.On July 6, observers noticed that approximately $102 million worth of crypto has been withdrawn from

HK crypto ETFs on fire, Binance warns on Maverick FOMO, Poly hack: Asia Express


Hong Kong crypto ETFs grow 80% since December, Binance’s co-founder warns against FOMOing into MAV with leverage, and Poly Network is hacked again. Hong Kong crypto ETFs rise to popularityDuring a June 28 interview with Hong Kongs public broadcast agency, Radio Television Hong Kong, Hang Seng Investment Management chief executive and board member Peishan Li

FedNow “early adopter” list contains no blockchains, but some may integrate later


Two blockchain networks had previously announced integration with the Fed’s instant payment service, but they were not found on a new list of certified providers. The Federal Reserve’s upcoming instant payment system, FedNow, released its list of certified “early adopters” on June 29. The organizations on the list have been certified as ready to connect

Worldcoin confirms it is the cause of mysterious Safe deployments


Twitter users noticed thousands of Safe deployments to Optimism, leading to speculation that it may be an attack, but the developer of Worldcoin confirmed that this activity was merely an app migration. Worldcoin is the cause of a slew of Safe deployments to the Optimism (OP) network over the past week, according to a June

What is De-Dollarization? Exploring the Shift Away From the US Dollar’s Global Dominance


From the latter half of 2022 and continuing into 2023, the concept of de-dollarization has gained significant traction, making its mark on the mainstream media. This surge in attention can be attributed to the concerted efforts of BRICS countries such as Brazil, China, and Russia, who are endeavoring to diminish the dominance of the greenback

Immutable’s Gods Unchained launches on Epic Games Store


The trading card game, which features NFT cards, will now be available to Epic Games’ 230 million customers. Immutable Games’ Web3 trading card game Gods Unchained is now listed on the Epic Games Store and is available to its 230 million customers, according to a June 21 announcement.Gods Unchained is a collectible trading card game

Web3 Gamer: Apple to fix gaming? SEC hates Metaverse, Logan Paul trolled on Steam


Apple finally makes a play for gamers, SEC takes aim at Metaverse tokens, CryptoZoo trolled on Steam, memestock lord is GameStop’s new CEO. Gaming on Macs to suck lessIs Apples reign as the worst platform for gaming coming to an end?Amid all the hype about their long-rumored VR/AR headset, which is slated for release in

Korean crypto contagion, Bank of China on Ethereum, HK’s exchange red carpet: Asia Express


Hong Kong lays out welcome mat for exchanges, Korean crypto lender contagion, Do Kwon banged up abroad, Bank of China’s Ethereum debt note. Hong Kong lays out the red carpet for crypto exchangesWhile some jurisdictions (cough: America) have adopted a regulation-by-enforcement approach toward crypto, others are doing the opposite. According to a June 15 report

Russian Banker Predicts End of Dollar Dominance as Global Power Shifts


Russia’s second-largest bank’s chairman has predicted the end of U.S. dollar dominance. He believes that the Chinese yuan will replace the U.S. dollar as the dominant currency. “I think that the time has come when China will gradually remove currency restrictions,” he noted, adding that “China understands that they will not become world economic power

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