The extensive report published recently by crypto auditing firm Elliptic shows the methods used by cybercriminals to misappropriate and profit from the immense hype generated by NFTs, extolled for the benefit of wary consumers. Between phishing, scam projects, stolen and plagiarized NFTs, market manipulation, and rugpulls, the total value of financial crime connected to NFT trading adds up to over $100 million, with an average of $300k for every instance of monkey business....
Read More »Engiven Is the Go-to Crypto Donation Platform for Roman Catholics in D.C.
The Roman Catholic Archdiocese of Washington, D.C. has selected Engiven as the platform through which his church will accept its next round of donations. The big clincher? Engiven is a cryptocurrency-based non-profit donation enterprise, meaning all money going to charities or other companies through Engiven is doled out in digital currency. Engiven Will Help with Your Church’s Crypto Donations The Archdiocese has announced that the company’s services will be utilized to...
Read More »46% of US Crypto HODLers Not Happy With Their Investment (Study)
A recent survey carried out by Pew Research Center estimated that 46% of American cryptocurrency investors think their entrance into the market has done worse than expected. Only 15% admitted their investments have turned more successful than initially thought. The study further disclosed that the share of crypto investors in the US had remained relatively the same compared to figures from September last year. The lack of significant changes comes despite the fact that...
Read More »Jeff Garzik Announces New Crypto-Based Entertainment Firm
Jeff Garzik, one of the biggest crypto pioneers out there, is starting a new company he’s calling Next Cypher Productions or NxC. He says the firm will be a new independent entertainment company that will focus purely on web3, crypto, non-fungible tokens (NFTs), and blockchain applications for the sake of creating fantasy and science fiction material. Jeff Garzik Is Fusing Entertainment with Crypto In an interview, Garzik commented: NxC is more than just a mere...
Read More »CoinSwitch Is Not Investigated for Money Laundering, Claims CEO
CoinSwitch Kuber’s CEO Ashish Singhal on Saturday provided more details about the searches at his office and residence by India’s financial crime investigating agency the directorate of enforcement (ED), two days ago. He refuted the recent allegations that his firm has been investigated for certain illicit activities. CoinSwitch CEO Explains In a Twitter thread, Singhal explained that the ED’s searches were not linked to any investigation related to the Prevention of Money...
Read More »Crypto Market Cap Below $1T, Bitcoin Fights for $20K (Weekend Watch)
After yesterday’s price plunge towards and beneath $20,000, bitcoin has stalled and struggles to remain above that coveted line. The altcoins also suffered quite a bit at the start of the weekend, and most sit calmly now. Bitcoin Fights for $20K The previous week was particularly harmful to the primary cryptocurrency, which dumped by more than $4,000 in less than seven days to a monthly low of around $21,000. It spent most of this past week around that level, trading...
Read More »Lunatics (LUNAT) Is Now Available for Trading on LBank Exchange
INTERNET CITY, DUBAI, Aug. 26, 2022 – LBank Exchange, a global digital asset trading platform, has listed Lunatics (LUNAT) on August 26, 2022. For all users of LBank Exchange, the LUNAT/USDT trading pair is now officially available for trading. Focusing on reducing the supply of Luna Classic, Lunatics (LUNAT) is a hyper-deflationary project designed to burn the Luna Classic while rewarding Lunatics holders in Luna Classic. Its native token LUNAT has been listed on LBank...
Read More »LBank Exchange Will List NutsPayToken (NUTSPAY) on August 29, 2022
INTERNET CITY, DUBAI, Aug. 26, 2022 – LBank Exchange, a global digital asset trading platform, will list NutsPayToken (NUTSPAY) on August 29, 2022. For all users of LBank Exchange, the NUTSPAY/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on August 29, 2022. Revolutionizing Cambodia’s economy with blockchain, NutsPay builds a new financial system to support the cashew nut market in Cambodia. Its native token NutsPayToken (NUTSPAY) will be...
Read More »Atlantic Money: Angriff auf PayPal, Revolut und WISE!
Wise, Revolut & Co haben sich durch tiefe Gebühren bei Auslandsüberweisungen einen Namen gemacht. Atlantic Money sagt: Wir können das besser und günstiger. Das britische FinTech Atlantic Money will PayPal, Wise und Revolut übernehmen, nachdem es die „großartige Arbeit“ der Konkurrenten gewürdigt hat. Doch Atlantic Money behauptet, noch besser und günstiger arbeiten zu können. Wie gelangt Atlantic Money zu seiner Position? Die beiden Gründer...
Read More »KuCoin Survey Says India Has 115 Million Crypto Investors
Early this week, KuCoin released a survey regarding the new developments in India’s blockchain and crypto space – Into The Cryptoverse Report India, which revealed the number of crypto investors in the country to be in the range of 115 million as of June 2022. These people have either traded or held crypto assets in the past six months, the study claimed. Crypto Investors Have a Youthful Profile The KuCoin’s India survey presents a cheerful crypto investment landscape in the...
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