Category Archives: Cryptocurrencies Scam

UK and US team up to dismantle $15B international crypto scam and illegal gambling network

UK and US team up to dismantle $15B international crypto scam and illegal gambling network Rachael Davies The UK and the US governments have joined forces to take down a Southeast Asian crypto scam network, indicting the founder of Prince Holding Group. An international network that runs illegal crypto scam centres using trafficked workers has … Continue reading UK and US team up to dismantle $15B international crypto scam and illegal gambling network

Mercedes Formula One was skeptical of crypto sponsorships. Now it’s racing to drop FTX

  By Jeff Beer November 11, 2022   The Mercedes Formula One team, home to seven-time world champ Lewis Hamilton, announced it has suspended its partnership agreement with the troubled cryptocurrency exchange FTX. Earlier this year, in an interview for a story on FTX’s rise in sports sponsorship, Mercedes Formula One commercial director Richard Sanders … Continue reading Mercedes Formula One was skeptical of crypto sponsorships. Now it’s racing to drop FTX

Binance Recovers Nearly $6 Million from Hackers of Axie Infinity

Alejandro Arrieche Last updated: 22 April 2022 The popular cryptocurrency exchange Binance reportedly recovered a total of $ 5.8 million of the approximately $ 650 million stolen by North Korean hackers from the popular play-to-earn (P2E) platform Axie Infinity. In a tweet published this morning, the founder of the global crypto exchange, Changpeng Zhao, a.k.a … Continue reading Binance Recovers Nearly $6 Million from Hackers of Axie Infinity

NFT marketplace halts most transactions due to proliferation of fake and plagiarized tokens

Jack Dorsey’s ‘first tweet’ NFT sells for $2.9 million Dorsey donated the money to charity. K. Bell @karissabe March 22nd, 2021 Toby Melville / Reuters Fifteen years after Twitter CEO Jack Dorsey sent the world’s first tweet, the message has sold for nearly $3 million as an NFT. The winning bid came from Sina Estavi, … Continue reading NFT marketplace halts most transactions due to proliferation of fake and plagiarized tokens