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09-23-2024
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author

Wahid loves to write, especially about Digital Currency and Blockchain. He started his blogging journey in 2017 and turned to digital currency in 2019. Wahid is interested in tech, chess and DeFi. He aims to promote decentralization to everyone on the planet.

Article by Wahid Pessarlay

Mutant Ape Planet founder faces charges over $2.9 million fraud scheme
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11 January, 2023

Mutant Ape Planet founder faces charges over $2.9 million fraud scheme

In a classic rug pull, Aurelien Michel allegedly absconded with the funds and abandoned the Mutant Ape Planet project, leaving...
France’s top banking regulator pushes for stricter digital assets rules ahead of MiCA: report
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11 January, 2023

France’s top banking regulator pushes for stricter digital assets rules ahead of MiCA: report

Currently, digital asset firms in France can operate without a full license because the law allows them to carry out...
Genesis Trading lays off 30% of staff following spillover of industry catastrophes
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10 January, 2023

Genesis Trading lays off 30% of staff following spillover of industry catastrophes

A Wall Street Journal report suggests the layoffs could be as high as 60 individuals, with insiders with knowledge of...
UK’s crime agency launches new virtual currency unit to combat fraud
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9 January, 2023

UK’s crime agency launches new virtual currency unit to combat fraud

Applicants vying for a position in the new 'crypto cell' department must have proper training on blockchain as they will...
India gov’t launches awareness campaign on digital currencies and online gaming
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8 January, 2023

India gov’t launches awareness campaign on digital currencies and online gaming

IPEF has expressed concern over the rising incidents of digital asset fraud in India and the ignorance of residents investing...
Israel’s securities watchdog calls for new legal structure targeting digital currencies
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8 January, 2023

Israel’s securities watchdog calls for new legal structure targeting digital currencies

The move will ensure uniformity across the board for financial instruments and will see digital currencies treated as securities, according...
Court in China rules blockchain-based P2E games are not protected by law
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8 January, 2023

Court in China rules blockchain-based P2E games are not protected by law

Play to earn games and their in-game assets do not have the same levels of investor protection as traditional investments,...
Coindeal founders face fresh fraud charges over $45M pilfered from investors
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7 January, 2023

Coindeal founders face fresh fraud charges over $45M pilfered from investors

The suspects are charges related to fraud operated a sham virtual currency project and siphoned $45 million from investors, which...
The Goobers NFT founder and Twitch streamer DNP3 admits to gambling investor funds
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7 January, 2023

The Goobers NFT founder and Twitch streamer DNP3 admits to gambling investor funds

Projects affiliated with DNP3 tumbled following the announcements, with The Goopers Project losing market capitalization while CluCoin’s suffered over 10%...
Indonesia to launch national digital currency exchange amid incoming regulatory changes
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7 January, 2023

Indonesia to launch national digital currency exchange amid incoming regulatory changes

The biggest change is removing control of virtual currencies from the Commodity Futures Trading Regulatory Agency of Indonesia and vesting...
Digital currency payments firm Wyre to shut down its operations amid crypto winter
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7 January, 2023

Digital currency payments firm Wyre to shut down its operations amid crypto winter

Wyre's CEO confirmed that it would be ending operations before the end of January following a difficult macroeconomic conditions in...
HSBC, Fidelity wade into the metaverse with trademark applications
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6 January, 2023

HSBC, Fidelity wade into the metaverse with trademark applications

HSBC's trademark focuses on digital media backed by NFTs and virtual currency exchange and transfer, while Fidelity's applications are centered...

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