Tag: crypto wallet

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Austrian Crypto Fraudsters Live Lavishly on €20 Million Stolen from 40,000 Victims

An Austrian trial exposes crypto scammers who spent €20 million in stolen funds on luxury living, impacting over 40,000 victims.

Nayib Bukele Donates Bitcoin for Schools in Honduras Amidst Mixed Bitcoin Adoption in El Salvador

El Salvador's President Bukele donates two Bitcoin to support building 1,000 schools in Honduras, reflecting his commitment to Bitcoin advocacy, despite low adoption rates in El Salvador.

Denmark Considers Tax on Unrealized Gains for Crypto Assets Starting 2026

Denmark may soon introduce a tax on unrealized crypto gains, with a potential 42% levy on Danish investors' crypto portfolios.

Uniswap’s Cross-Chain Feature Shakes Up Crypto Market, Challenging Binance’s Dominance

Uniswap revolutionizes DeFi by introducing permissionless cross-chain bridging for seamless transfers across nine blockchains.

North Korean Lazarus Group Exploits Chrome Vulnerability in DeFi Game Attack on Crypto Investors

Lazarus Group targets cryptocurrency investors with a fake DeFi game, exploiting a Chrome zero-day vulnerability (CVE-2024-4947) to access private data and exfiltrate funds.

U.S.-Nigeria Diplomatic Tensions Over Binance Employee’s Detention Highlight Cryptocurrency Regulation Challenges

The arrest and release of Binance compliance officer Tigran Gambaryan in Nigeria strained U.S.-Nigeria relations, underscoring challenges in cryptocurrency regulation and diplomatic negotiations.

MakerDAO Faces Setback with Sky Rebranding as Token Prices Plummet

MakerDAO’s rebranding to Sky has seen poor market performance, prompting a reconsideration of the change. The new token, SKY, has declined by nearly 27%, while the USDS stablecoin shows promising on-chain metrics.

Nigerian Court Convicts Crypto Firm for Unlicensed USDT-Naira Trading, Orders N140 Million Forfeiture

Federal High Court in Abuja convicts Official Gredo Limited for unauthorized USDT-Naira trading, ordering the forfeiture of N140 million and imposing a N1 million fine for illegal financial activities.

“…Then Why Crypto?”– Ledger CEO Takes Bold Pro-Self Custody Stance

Ledger CEO Pascal Gauthier highlights the importance of self-custody in crypto at Blockchain Life Dubai, arguing that without self-custody, the core purpose of cryptocurrency is lost, despite innovations like Bitcoin ETFs.

Binance and Crypto.com Dethroned as Decentralization Makes Way

Binance and Crypto.com face declining market share as smaller exchanges like Bybit and OKX gain ground, and decentralized exchanges (DEXs) continue to rise in popularity.

Death Knell Rings Loud for Gambling Addicts and FOMO Investors in an Eye-Opening Report

A new study reveals that gambling addiction and Fear of Missing Out (FOMO) drive impulsive behavior in crypto markets, leading to financial and emotional harm for investors.

4 Infamous Female Crypto Fraudsters Who Shocked the Industry

These four women gained infamy for their involvement in cryptocurrency fraud schemes, from Ponzi schemes to money laundering, defrauding billions and tarnishing the crypto world.
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the-open-network
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