Stablecoin issuer Tether has moved to freeze a whopping $225 million believed to belong to an international human trafficking group in Southeast Asia to assist the U.S. Department of Justice. No To Human Trafficking: Freezing USDT Related To ‘Pig Butchering’ Scam Tether revealed on Monday that it has taken measures to block self-custodied digital wallets holding USDT that were linked […]

In her Forbes article dated 22 November 2023, Jodie Cook, an expert in entrepreneurship and AI, introduces a novel approach for enhancing income using ChatGPT. She discusses insights from Martin Crowley, the founder of the AI Tool Report. Cook then explains five key strategies for increasing one’s income. Identifying and Monetizing Unique Skills Cook reports on Crowley’s emphasis on the […]

Almost a year after the collapse of FTX, Binance is now facing its challenges. However, unlike FTX, Binance is not collapsing. The exchange recently settled with the DOJ and other regulatory agencies, paying a $4.3 billion fine, a move that has further strengthened its position in the market. Though it witnessed billions in outflows, this is not particularly concerning as […]

The Nigeria Police Force (NPF) said it has arrested one politician, Ambassador Wilfred Bonse, concerning the theft of over $246,153 (200 million naira) from Patricia Technologies’ crypto wallet. The disclosure was made by ACP Olumuyiwa Adejobi, the Force Public Relations Officer, in a statement issued on Friday. It was reported that Bonse assisted hackers in laundering $61,538 (50 million naira) […]

Tokenization is a new way of investing that breaks down assets into smaller tokens. The Financial Conduct Authority (FCA) has laid down rules for bringing tokenized funds to life. The first step in the plan is for investment companies to keep things simple by focusing on common investment assets. In a game-changing move, the Investment Association has greenlit British investment […]

Web3 protocol Blast network has gained over $400 million in total value locked (TVL) in the four days since it was launched, according to data from blockchain analytics platform DeBank. But in a Nov. 23 social media thread, Polygon Labs developer relations engineer Jarrod Watts claimed that the new network poses significant security risks due to centralization. The Blast team […]

The film industry has been suggested by many as one of the next frontiers of Web3 and blockchain technology. With movies historically funded by wealthy investors or centralized production companies, blockchain offers a unique set of tools to decentralize the investment process. Filmmakers can launch projects quicker, and individuals can have a stake in the financial outcome of a film […]

Tether and Bitfinex have jointly agreed to drop initial opposition to a Freedom of Information Law (FOIL) request lodged in New York by a number of high-profile news publications. A statement from the USDT stablecoin issuer and cryptocurrency exchange shared with Cointelegraph notes that it is committed to transparently sharing information following a FOIL request from CoinDesk earlier this year. The […]

KyberSwap, a prominent multi-chain decentralized exchange (DEX) aggregator, is in discussions with the hacker responsible for the recent $50 million attack. The platform is proposing a 10% bounty, equivalent to the funds taken from users, in exchange for the safe return of all the stolen assets. KyberSwap Attack Details The hack, executed on November 23 through a smart contract reentrancy […]