The Federal Trade Commission (FTC) has issued a warning about a surge in Bitcoin ATM scams, with reported losses exceeding $65 million in the first six months of 2024. This trend, if it continues, will surpass the $114 million lost in 2023, almost double the amount from 2022. How It Works The ...

The Financial Intelligence Unit-India (FIU-India) is gearing up to grant clearance to two more offshore crypto exchanges to resume operations in India by March next year, following its approval of Binance and KuCoin. FIU-India, responsible for anti-money laundering compliance, is currently ...

South Korea's financial watchdog, the Financial Supervisory Service (FSS), is getting serious about regulating cryptocurrency exchanges. The FSS is planning to root out any illegal activity, which is a big deal, considering that South Korea's exchanges account for about 5% of the global ...

Bitcoin ATMs have been around for a while, and they're becoming increasingly popular. But they're also becoming a target for scammers. A recent report from the U.S. Federal Trade Commission (FTC) found that Americans lost $65 million in the first half of 2024 to scams involving bitcoin ATMs. ...

AXS LAW, a law firm specializing in shareholder rights, has filed a securities fraud class action lawsuit against Migom Global, the parent company of Migom Bank, in the Southern District of New York. The lawsuit alleges that Thomas Schaetti, CEO of Migom Global, siphoned customer deposits and ...

Senator Elizabeth Warren has taken aim at cryptocurrency billionaires, accusing them of trying to buy the Republican nomination for her opponent, John Deaton, in the upcoming Senate race. Warren argues that these investors are opposed to her because of her stance on regulating the cryptocurrency ...

The crypto world is on the edge of its seat as the Ripple vs. SEC case heads towards a decision. The final days of July have come and gone without a verdict, but August 1st is now the date everyone is watching. This case could have a huge impact on the future of crypto in the US. A Leaked Image ...

Former President Donald Trump has made a bold move in the world of cryptocurrency. At the Bitcoin 2024 conference, Trump laid out his plan to make the United States the "crypto capital of the planet and the Bitcoin superpower of the world." Trump's Vision: A Bitcoin Superpower Trump's vision ...

The arrival of Ether ETFs in the US market is a big deal. It's a clear signal that institutional investors are taking Ethereum seriously. While Bitcoin has been the dominant player in the crypto world, Ethereum's underlying blockchain is powering a whole range of exciting innovations, like smart ...

Ripple's XRP has seen a surge in activity, with active addresses doubling over the weekend. This increase in activity, as reported by Santiment, indicates traders are engaging with the cryptocurrency. XRP Price Action XRP has held above the psychological support level of $0.60 and even ...

Germany's recent sale of its state-owned Bitcoin has sparked a debate about the country's stance on cryptocurrency. Missed Opportunity? Joana Cotar, a member of the German Bundestag, criticized the sale, arguing it was a "monumental missed opportunity." She believes that holding Bitcoin as a ...

Donald Trump, in his bid to return to the White House, has thrown his hat into the crypto ring. At a Bitcoin conference in Nashville, he declared his intention to make the US the “crypto capital of the planet” and “Bitcoin superpower.” Trump, known for his sometimes outlandish pronouncements, ...