Digital assets such as cryptocurrencies and nonfungible tokens (NFTs) should be recognized as legitimate property, especially as more of the world’s population goes digital, argues the co-founder of The Sandbox. Speaking to Cointelegraph’s editor-in-chief, Kristina Lucrezia Cornèr, during Blockchain Week Rome last week, Sebastien Borget said thso-called “digital natives” — those who grew up with and subsequently have an increased […]

The United States Secret Service owns crypto, has its own NFT collection, and has praised blockchain technology’s ability to fight financial crime, Reddit users learned during a recent ask-me-anything (AMA). On May 15, representatives from the United States Secret Service San Francisco Field Office and the Bay Area Regional Enforcement Allied Computer Team (REACT) opened themselves to questioning from members […]

In a significant development that is set to shake up the current crypto market sentiment, South Korean authorities have initiated an intense investigation into the country’s two largest cryptocurrency exchanges, Upbit and Bithumb. This action follows the recent revelation of a high-profile scandal involving a former lawmaker and his questionable cryptocurrency transfers. Upbit And Bithumb Face Legal Scrutiny South Korean […]

1,032 addresses control over 51.2 million Litecoin (LTC) in circulation, on-chain data from BitInfoCharts on May 15. Litecoin Under Siege? Records from the “Top 100 Litecoin Rich List” show that 7,355,585 LTC in circulation worth $639,814,097 are controlled by 8.78% of all registered addresses. At the same time, 26,526,499 LTC worth over $2.3 billion is managed by 111 addresses, while 17,993,930 […]

An Irish daily newspaper apologized to its readers after it unknowingly published an article by a guest writer who used artificial intelligence (AI) to pen the piece. In a statement from the Irish Times on May 14, the publication said it was a victim of “a deliberate and coordinated deception.” The editor of the publication, Ruadhán Mac Cormaic, acknowledged the […]

The Bitcoin Inscriptions craze is spreading to Dogecoin. The number of transactions that the Dogecoin blockchain has had to process in the last few days have risen to an all-time high, mainly due to the new DRC20 token standard. DRC20 tokens on Dogecoin are an experimental token standard that works similarly to the minting and transfer of fungible tokens via […]

The Bitcoin (BTC) price has regained upward momentum after jumping above the $26,000 level. Bitcoin price long-term forecast: bearish The bitcoin price has reached the $27,000 to $30,000 range where it was previously. As of press time, the price of one bitcoin has risen to $27,414 today. However, the high at $28,500 is believed to be resistance to the current […]

Eun Young Choi, the first director of the National Cryptocurrency Enforcement Team (NCET), has told reporters that crypto-related crimes have risen significantly in recent years. Through her team, the United States Department of Justice (DoJ) now plans to go after rogue exchanges that knowingly allow criminals to launder money. NCET Wants Exchanges To Be Compliant The Financial Times reports that Choi […]

The United States Justice Department’s crypto enforcement team is cracking down on Decentralized Finance (DeFi) hackers and exploiters, amid a four-year rise in illicit crypto activity. In a Financial Times report published on May 15, Eun Young Choi, director of the U.S. Department of Justice (DOJ) national cryptocurrency enforcement team (NCET), stated that the department is focusing on thefts and […]