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Posted on 17/02/2023

A quarter of new crypto tokens were pump-and-dump schemes in 2022, report says, highlighting regulatory hurdles

Nearly 10,000 tokens issued last year saw significant price declines in their first week, an indication of fraudulent activity, according to Chainalysis.

Posted on 17/02/2023

Stelo Labs raises $6M in a16z-led round to help crypto wallet users protect themselves

Stelo Labs raised $6 million in a round led by a16z to help crypto wallet users protect themselves through a browser extension.

Posted on 17/02/2023

Artificial intelligence is akin to crypto in 2021 as the sector is facing investor hype, says founder of tech investment firm

Most of the value in AI is actually "going to accrue to the incumbent big-tech companies - I'm sort of most bullish on Microsoft." ...

Posted on 17/02/2023

Bitcoin rises despite U.S. crackdown, as crypto market gains $84 billion in value

Bitcoin rose to its highest level since August, as the market shrugged off a tougher regulatory stance from U.S. regulators.

Posted on 17/02/2023

Banks Are Breaking Up With Crypto During Regulatory Crackdown

Banks are backing away from crypto companies, spooked by a regulatory crackdown that threatens to sever digital currencies from the real-world financial system.

Posted on 17/02/2023

Crypto Buyers Beware: 1 in 4 New Tokens of Any Value Is a Scam

And according to tracing firm Chainalysis, one very prolific scammer ran at least 264 of those scams in 2022 alone.

Posted on 17/02/2023

Celsius customer received $67,000 tax bill for funds lost in crypto lender’s bankruptcy, report says

Celsius Network customers like Doug Stringer are receiving massive tax bills because of the high-interest returns promised by the bankrupt lender.

Posted on 17/02/2023

Lawsuit Challenging IRS Seizure Of Crypto Account Records Is Back In Court

A New Hampshire man has fired back at the IRS over the agency's issuance of a "John Doe" summons and subsequent seizure of his financial records from Coinbase.

Posted on 17/02/2023

SEC Proposes Rule That Could Squeeze Crypto Platforms

Wall Street’s main regulator proposed heightened requirements for businesses that safeguard assets for fund managers.

Posted on 17/02/2023

SEC steps up its crypto crackdown with proposed tough rules that could block investment advisors from holding such assets

The Securities and Exchange Commission (SEC) has stepped up its crackdown on the crypto sector with a proposed rule change that could block investment advisors from holding cryptocurrencies on behalf ...

Posted on 17/02/2023

Kochi Prefecture Enticing Travelers in Osaka and Kyoto to Visit Japan’s Best Kept Secret

Kochi Prefecture stretches along the southern coast of the island of Shikoku, which was selected for Lonely Planet's Best in Travel list in 2022. The nature-filled prefecture has paired up with the ... ( read original story ...)

Posted on 17/02/2023

Japan’s new whaling ‘mother ship’ being built to travel as far as Antarctica

“We want to contribute to Japan’s food security,” he said. “We designed the ship to be able to travel as far as the Antarctic Ocean, in the hope it will be useful in times of food crisis. “Unless a ... ( read original story ...)

Posted on 16/02/2023

Gaming Network Oasys Onboards Japan Conglomerate SoftBank as Network Validator

Japanese conglomerate SoftBank will become an official network validator on Oasys and will explore further collaborations with the gaming blockchain, including the development of blockchain-based ...

Posted on 16/02/2023

Singapore still finding crypto gold as fintech investments hit $4.1B

Fintech investments in Singapore climb to the highest in three years, clocking $4.1 billion, as funds continue to flow towards cryptocurrency and blockchain.

Posted on 16/02/2023

Mike Novogratz says he’ll be ‘the happiest guy’ if bitcoin ends the year at $30,000 given the crypto market headwinds

"I would've given both my shoes for that to be true just six weeks ago," the longtime crypto bull told a Bank of America conference Wednesday.

Posted on 16/02/2023

Norway Police Makes Record Crypto Seizure Linked to North Korea

Norwegian police seized a record 60 million kroner ($5.9 million) in cryptocurrency linked to a heist of roughly $600 million last March that the US authorities say were stolen by the North Korean hacker group Lazarus. The confiscation of the funds stolen ...

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