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According to a recent comprehensive survey, Slovenia is currently the most cryptocurrency-friendly country in the world. The Slovenian capital Ljubljana is considered to be also the most crypto-friendly in all of Europe. Currently in the city there are over 137 companies and 584 locations that...

Cryptocurrency worth some 102 million US dollars has been seized by the US Secret Service – that was revealed by David M. Smith, who is a senior official with the United States Secret Service. He revealed that information during an interview with CNBC. Mr. Smith is the 28th Assistant Director of...

Financial regulators have long warned that Youtube and social media provide fertile ground for crypto scammers, and here is a good example for that, unfortunately: a Youtube cryptocurrency giveaway scam was recently exposed by cybersecurity company based in Singapore. The scammers apparently...

The United Kingdom financial regulator, the Financial Conduct Authority (FCA) announced that it is expanding the duration of its temporary licensing regime for some cryptocurrency entities beyond the deadline which was going to expire at the end of March. This temporary licensing regime was...

The Ronin Network was hacked and lost a whopping 615 million US dollars. The perpetrators made off with that sum in a relatively short time, committing one of the largest crypto heists in history, maybe even the largest cryptocurrency heist in history. The Ronin Network was apparently hacked on...

The European Supervisory Authorities (ESAs) issued a warning to the public about the risks involved in cryptocurrency assets. According to the warning, many such assets are highly speculative and consumers “face the very real possibility of losing all their invested money if they buy these...

Thailand’s financial regulator, the Securities and Exchange Commission (SEC) announced that it is planning on banning the use of cryptos for the purchase of goods and services from April 1st. This decision was made after consultations between SEC and the Bank of Thailand (BOT) on the necessity...

Dubai is introducing its very own cryptocurrency regulator which will be overseeing the use and trade of various crypto assets within its jurisdiction. The new regulator is called Dubai Virtual Assets Regulatory Authority, it is formed under the Dubai Virtual Asset Regulation Law and it will be...

The United Kingdom has implemented new rules aimed at dealing with cryptocurrency fraud. According to a speech by the Head of Civil Justice in The Court System of England and Wales, Sir Geoffrey Vos, t the Civil Justice Council (CJC) will be updating its provisions and legislations to make it...

Facebook had great plans and great hopes for its Libra stablecoin project, but in the end, that project amounted to nothing. According to recent reports, the Libra project, which was later renamed to the Diem project, is now apparently over. The Diem association, which was developing the...

According to a new bill passed by the Ukrainian parliament, all crypto assets will be treated legally. The bill was passed with 272 votes “for” and it will significantly ease the usage and distribution of cryptocurrency products in Ukraine. According to authorities, that will allow various...

Back in 2016, Bitfinex, which at the time was one of the most famous crypto exchanges in the world, got hack and the hackers made off with billions of US dollars. Recently, however, the US Department of Justice revealed that they had recuperated some 3.6 billion US dollars of the stolen money...

DeFi, by now, has unfortunately become rather notorious with its hacks, thefts and scams problem. This notoriety is bound to get even worse now that news have come out that yet another DeFi protocol became the victim of a major hack. Wormhole, which is a decentralized platform that allows solana...

The US authorities are preparing to release an executive order about cryptocurrencies that will deal with major issues, such government-wide strategy, digital currencies opportunities, and cryptocurrency risks. For now the details about the order are unclear, but according to latest reports...

Influencer Kim Kardashian and legendary boxer Floyd Mayweather are being sued by displeased investor for allegedly misleading promotion of EthereumMax. EthereumMax (EMAX) disputed those allegations, but the lawsuit has already been filed in a Los Angeles federal court. Despite its name...

The cryptocurrency platform Crypto dot com allegedly lost some 15 million US dollars due to a hacking attack. According to a recent report, the company was robbed of about 4600 Ethereum and were allegedly “washed via TornadoCash”. The day before the reported hack the company had blocked...

The American regulator SEC charged an Australian man named Craig Sproule, as well as his two companies – Crowd Machine and Metavine – with fraud and raising some 40.7 million US dollars through illicit ICOs. According to the charges, said Initial Coin Offerings funds were raised between January...

Some of the biggest cryptocurrency exchanges in India got raided by tax authorities recently, because the agency suspected them of tax evasion. Some of the exchanges in question are CoinDCX, CoinSwitch Kuber, Unocoin and BuyUCoin. According to local media, the alleged tax evasion from Mumbai...

More than 30 million US dollars have apparently been stolen from he decentralized finance (DeFi) protocol Grim Finance. The theft was a result of hackers exploiting a vulnerability in the platform. The company announced an “advanced hack” on Twitter, where hackers exploited the platform’s vault...

Russia, which has long been pretty unwelcoming to cryptos, has plans to fully ban them. This became clear from recent official reports by Reuters, who cited two different anonymous sources connected to the country’s financial regulator. According to these reports, the main motivation behind the...