Fraudsters Impersonate a US Federal Agency by Sending Emails Asking for Bitcoin Wallet Keys

Fraudsters Are Impersonating a US Federal Agency by Sending Emails to Ask for Bitcoin Wallet KeysU.S. consumers have been receiving fake emails that attempt to impersonate a federal regulatory agency which has raised alarms among crypto community members. The U.S. Office of the Comptroller of the Currency (OCC) warned that such bogus messages ask people for their bitcoin wallet keys. Fictitious Message Contains Several Grammar Mistakes and Typos According to […]

South Korean Governor Becomes the First Politician to Disclose Publicly His Cryptocurrency Holdings in the Country

South Korean Governor Becomes the First Politician to Disclose Publicly His Cryptocurrency Holdings in the CountryRegardless of the political turmoil that arose in South Korea due to the crypto-related regulations, a leading politician had come forward to reveal that he had made investments in virtual currencies publicly. Won Hee-ryong, the Governor of Jeju Island, unveiled that he invested in four different cryptocurrencies. Wong Plans to Keep Updating People via Youtube […]

Argentinean Police Detain Two People Connected to Alleged Crypto Scam Intense Live

Argentinean Police Detain Two People Connected to Alleged Crypto Scam Intense LiveAs cryptocurrencies become a trending topic across Argentina, local authorities hunt virtual currencies scammers amid the coronavirus-driven crisis and high inflation levels. The Argentine Federal Police detained two members of an alleged pyramid scheme operating in a northern province. Investigations Initiated After Two Complaints Filed With the Authorities According to Valle Calchaquí, the operation happened […]

South Korean Deputy Prime Minister Eases Anti-Crypto Rhetoric, Aims to Create More Domestic Market Opportunities

South Korean Deputy Prime Minister Eases Its Anti-Crypto Rhetoric, Aims to Create More Opportunities on Domestic MarketsThe South Korean government seems to be easing its anti-crypto tone, as the Deputy Prime Minister came forward with a statement that opened the doors for future open dialogue on virtual currency topics. Hong Nam-ki unveiled that officials are assessing ways to get young people into “domestic asset markets” and thus bringing more opportunities in […]

Nvidia Aims to Get Its GPUs Back ‘Into the Hands of Gamers’ by Reducing Mining Capabilities on 3 Graphic Cards

Nvidia Aims to Get Its GPUs Back 'Into the Hands of Gamers' by Reducing Mining Capabilities on 3 Graphic CardsA major chipmaker keeps making efforts to calm down the gaming community’s anger toward cryptocurrency miners who are taking the lead in buying graphic cards massively, boosting its prices. Nvidia has announced that it will deliberately limit the capabilities for some of its newly graphic cards to keep a balanced inventory for gamers. Cards With […]

Chinese Internet Cafe Owners Deal With the Pandemic Crisis by Using Their Facilities to Mine Cryptocurrencies

Chinese Internet Cafe Owners Are Dealing With the Pandemic Crisis by Using Their Facilities to Mine CryptocurrenciesThe Coronavirus pandemic has driven people to take advantage of new business lines to deal with the economic crisis, and cryptocurrency is once again a headliner. Internet cafe owners in China are using their facilities to set up crypto mining farms after temporarily shutting down in 2020. Owners Are Earning Around $6,200 Monthly According to […]

Cuban Central Bank Issues Warning on the Rising Number of Crypto-Related Ponzi Cases

Cuban Central Bank Issues Warning on the Rising Number of Crypto-Related Ponzi CasesCuba has witnessed some exciting times in the last few months as far as nationwide digital currency acceptance, but the road toward this goal is still under construction. The country’s central bank recently issued a warning about the rising number of cryptocurrency-related scam cases across the island. Alleged Crypto Scams Are Mentioned in the Alert […]

South Korean Ministries ‘Do Not Want’ to Take Charge of Crypto-Related Regulation, Claims Official

No South Korean Ministries Want to Take Care of Crypto-Related Regulation Problems, Claims OfficialThe crypto regulation crisis is on fire in South Korea, as politicians have struggled to reach agreements with top government officials to ease rulings. A local media outlet reveals that South Korean ministries “do not want” to take charge of the country’s digital assets’ regulation, after several meetings held in the last few days. Prime […]

Six People Connected to a $36M Crypto Scam Arrested, Scheme Operated From Multiple Locations in Europe

Six People Arrested in Connection to a $36M Crypto Scam That Operated From Multiple Locations of EuropeAuthorities in Germany launched a massive operation that cracked down on a sophisticated crypto scam, resulting in the arrest of six people in different European countries. Initial reports state that such a fraudulent scheme stole over $36.2 million worth in virtual currencies from individuals across Europe. Raids Conducted in Poland, North Macedonia, and Sweden According […]

Spanish Regulator Issues Guidelines for Fund Managers Planning to Invest in Cryptocurrencies

Spanish Regulator Issues Guidelines for Fund Managers Planning to Invest in CryptocurrenciesThe Spanish financial regulator is easing the entity’s tough stance towards cryptocurrencies by announcing an unprecedented measure that green lights institutional investors to enter into such business decisions. The National Securities Market Commission (CNMV) unveiled guidelines that approve institutional crypto investment under certain conditions. Fund Managers Should Specify ‘High Risks’ of Cryptos in Marketing Resources […]