Singapore’s High Court has made a legal recognition, declaring crypto as a property that can be held in trust. The case in question involved the Seychelles-based exchange Bybit and a contractor, Ho Kai Xin. Bybit accused Ho of breaching her employment contract by misusing her position to transfer over 4.2 million USDT (a stablecoin issued by Tether) to addresses under […]

Binance Coin bulls have shown signs of sluggishness, leading to a concerning dip below the crucial $240 support level. This downward movement suggests that bearish forces may be gaining dominance in the near-term market outlook. Currently, BNB is shaping an intriguing chart pattern known as the inverted flag. Amidst the recent market turbulence, BNB’s price has experienced a 0.2% dip […]

The National Crime Agency (NCA) of the United Kingdom is hiring two blockchain investigators for its newly-formed digital assets team within the Complex Financial Crime Team (CFCT) to tackle crypto crimes. The job involves overseeing complex investigations involving cryptocurrency and digital assets from a Proceeds of Crime Act (POCA) perspective. The POCA relates to confiscating and redirecting crime money toward […]

A Tennessee husband and wife are facing charges over “Blessings of God Thru Crypto” — an allegedly fraudulent investment scheme that swindled at least $6 million from over 100 victims in just six months. A July 24 complaint from the Commodity Futures Trading Commission (CFTC) said Michael and Amanda Griffis used the connections they made in their real estate business […]

Following a long-term interest in Web3, Ducati partnered with payment company Ripple and is set to launch its first non-fungible token (NFT) collection on the XRP Ledger this week. This step is the motorcycle company’s first venture into the Web3 space and blockchain technology. Ducati Delves Into Web3; Prepares To Launch First NFT Collection Ducati, a renowned motorcycle manufacturer established […]

The alleged Alphapo payments provider hack of July 23 is now estimated to have caused losses exceeding $60 million, according to a July 25 report from on-chain sleuth ZachXBT. The loss was previously reported at roughly $31 million. Alphapo is a centralized crypto payment provider for e-commerce subscription services, gaming sites and other online businesses. It’s known as the provider […]

In a recent Cardano (ADA) trading strategy session, prominent crypto analyst Benjamin Cowen issued a warning about Cardano, a leading competitor to Ethereum (ETH). Cowen drew attention to the striking similarities between Cardano’s current price action and its performance in the latter half of 2019, a period marked by a consistent downward trend for ADA. To understand Cowen’s analysis, it’s […]

The Latin American region faces high costs and challenges of traditional settlements, as people sending money to their close ones have to deal with high rates of transfer, and a portion of the population still remains unbanked. However, in a recent development, the Bahamas payment company, Island Pay, is now incorporating cryptocurrency for remittance transactions to make it a smoother […]

Cardano has leaped considerably in the realm of DeFi activities, particularly in terms of Total Value Locked (TVL), despite the somewhat lackluster performance of ADA itself.  TVL refers to the total value of assets locked within various decentralized finance protocols and applications on the Cardano blockchain. An increasing TVL can have several positive implications for the Cardano ecosystem. The significance […]