The JPEX fraud saga began last week when SFC revealed they have received 1,400 complaints against the exchange regarding fraud, withdrawal freeze and decline in wallet balances.
Binance Launches Referral Promotion for African Users with 17,500 USDT in Token Voucher Rewards
Binance is launching a new referral scheme targeting users in the Africa region, offering a reward pool of 17,500 USDT in token vouchers. The promotion runs from September 18 to October 2, 2023, and requires users to register and complete KYC within the promotion timeframe. The rewards will be distributed within 20 days post-promotion. (Read […]
UK Passes Bill to Seizure Crypto Assets Linked to Fraud!
The post UK Passes Bill to Seizure Crypto Assets Linked to Fraud! appeared first on Coinpedia Fintech News The U.K. is set to pass a new bill giving local authorities the authority to freeze and seize cryptographic assets linked to crime. The Economic Crime and Corporate Transparency Bill clears legal hurdles, allowing quicker asset freezes […]
SEC Takes Another Blow in Lawsuit Against Binance
Judge denies SEC’s demand for immediate inspection of Binance.US
PayPal Reports Underwhelming Adoption of PYUSD Stablecoin
Reading Time: 2 minutesPayPal’s PYUSD stablecoin has seen slow adoption, with a market cap just 5% of that of Tether PYUSD’s backing consists of over $1.5 million in cash deposits and $43.8 million in reverse repurchase agreements backed by US Treasuries. The general stagnation of the crypto market and the implosion of the UST stablecoin […]
Remember The Man Who Made Millions from Ethereum ($ETH)? He’s Discovered a New Crypto Gem
According to savvy investors, the only way to become a crypto millionaire is by investing early in high-value tokens. Crypto investors like Cooper Turley, Glauber Contessoto, and Erik Finman became millionaires by getting in on Ethereum ($ETH) in the early days. Today, smart investors looking to capture the kind of high returns only available to […]
OneCoin fraud: “CryptoQueen” lawyer denied new trial
The court has denied a motion seeking a new trial for the lawyer of OneCoin founder, Ruja “CryptoQueen” Ignatov.
Thailand Plans to Tax Overseas Income From Crypto Traders
Thailand, a country that has previously touted itself as crypto-friendly, is planning to tax foreign income from crypto traders. The newly appointed government is scrambling to find ways to pay for its planned economic stimulus measures, including a nationwide airdrop. On September 19, the Bangkok Post reported that the Thai Revenue Department is targeting overseas […]
Optimism Announces a $26 Million OP Token Airdrop for DAO Participants!
The post Optimism Announces a $26 Million OP Token Airdrop for DAO Participants! appeared first on Coinpedia Fintech News Optimism, a layer 2 network built on the Ethereum network, has announced its third OP token airdrop, worth $26 million, to 31,870 addresses that participated in delegation activities of its DAO, the Optimism Collective. The rewards […]
a16z leads $25m round for Bastion to bridge corporates to web3
Amid a crypto downturn, startup Bastion successfully garners $25 million in a funding round spearheaded by a16z crypto, aiming to ease blockchain use for conventional businesses. Bastion, a startup supported by Andreessen Horowitz’s crypto arm, a16z crypto, emerges from stealth…