Cryptocurrency Analysis and News Portal
The caveat is that staked assets can't be withdrawn until the Blast bridge goes live in February. In the meantime, users receive "Blast points," which can be used to redeem an airdrop scheduled for May. Users can receive additional Blast points by introducing other users through unique referral links. As
Read More
Three individuals have been arrested for defrauding New York-area banks of over $10 million by exploiting security vulnerabilities and converting the stolen funds into crypto. In a major fraud case, Zhong Shi Gao, Naifeng Xu and Fei Jiang are charged with tricking New York City-based banks into giving them more than
Read More
The creator of the Mutant Ape Planet nonfungible token (NFT) collection — a knock-off of Yuga Labs’ Mutant Ape Yacht Club project — has pleaded guilty to conspiracy to commit wire fraud in a New York federal court.In a Nov. 14 statement, the U.S. Attorney’s Office for the Eastern District
Read More
The Australian Federal Police (AFP) has accused Changjiang Currency Exchange of a money laundering scheme. In a press release, the AFP said the operation, codenamed Ironside, resulted from a three-year investigation into the activities of the currency exchange business. Changjiang Currency Exchange operated from multiple locations across Sydney and Melbourne. The company
Read More
In a recent crypto investigation, the US FBI successfully infiltrated a group of Indian citizens suspected of engaging in illicit activities involving
Read More
The former CEO of a Miami-based investment firm has pled guilty to a conspiracy to commit commodities fraud involving crypto futures contracts and now faces up to five years in prison. In an Oct. 12 statement, the United States Department of Justice said that Peter Kambolin, the former CEO of Systematic
Read More
The Congressional Committee of Brazil noted that Binance was running a pyramid scheme and operating while bypassing the regulators. The case is now for the Brazilian police to look after. A congressional committee in Brazil has made allegations against Binance, asserting the platform’s involvement in a fraudulent pyramid scheme. The
Read More
Marco Ruiz Ochoa pleaded guilty to one count of conspiracy to commit wire fraud in the Southern District Court of New York on Sept. 27 in relation to Ponzi scheme perpetrated by the IcomTech company. Ochoa was CEO of IcomTech from its founding in 2018 to 2019.According to a
Read More
In a landmark verdict, Pablo Renato Rodriguez, the co-founder of AirBit Club, has been sentenced to 12 years in prison by US
Read More
Cream Finance’s native token, CREAM, has experienced a 60% price surge, making it the star of the weekend in the decentralized finance (defi) sector. Per data from CoinMarketCap, captured by blockchain analysts Lookonchain, the price of Cream Finance’s CREAM token surged by more than 60% on Sept. 23. CREAM price chart |
Read More