The $1 million crypto caper that took place recently, all inside job done by hackers masquerading as IT professionals, is salt in the wound. That’s really, really maddening! Projects that were created for the right reasons, with love and care like Favrr, Replicandy, ChainSaw suddenly crashed and burned. Before we...
U.S. law enforcement agencies have been working hand in glove with stablecoin issuers and other cryptocurrency exchanges. Collectively, they have frozen and seized hundreds of millions of dollars in digital assets tied to high-volume scams. These actions fulfill the important mission of breaking up criminal financial networks and ensuring that...
The allure of multichain DeFi — offering unlimited potential and seamless cross-chain transfers — is a treacherous mirage. We're being sold a vision of decentralized utopia, but for many, particularly those in developing economies, it's shaping up to be a costly trap. Think of it like this: you're promised a...
Pump.fun has emerged as a dominant force in the Solana meme coin market, generating over $700 million in cumulative revenue and briefly becoming the second-largest DeFi protocol after Uniswap in May 2024. The platform is incredibly successful, but it’s rife with controversy. It’s notorious for scams and pump-and-dump schemes, leading...
The CryptoZoo scandal, while no means exclusive to the CPG industry, is a cautionary tale and reminder of what makes this Web3 space so risky. Influencer Logan Paul went all in promoting the project. It offered an innovative, cutting-edge, and highly profitable opportunity by way of NFTs and a play-to-earn...
Cryptocurrencies have opened new economic opportunities while challenging cities with difficulties in other locations. While some embrace the innovative potential of digital assets, others grapple with the associated risks, particularly the rise in scams and illicit activities. Stillwater, Oklahoma is one such city, recently considering a ban on cryptocurrency ATMs...
Here we go again. The Trump clan knew how to make news. They’re going all in on the crypto craze with a buzzworthy new game scheduled to drop in late April 2025. It’s Monopoly meets blockchain, digital real estate fueled by NFTs, and a ton of buzzword potential for, uh…something....
Start-up nation is now under siege by a different kind of criminal – the AI-driven crypto scammer. We’re not discussing your standard phishing email here. These include complex operations who are deploying deepfakes, impersonating celebrities and even developing entire fraudulent investment platforms. It’s the greatest digital illusion ever — glistening...
Israel’s crypto market is at its peak of popularity. Widespread adoption this growth is being threatened by the surging tide of fraud and lack of regulatory appetite. Conflicting estimates of digital wallet ownership and billion-dollar assets underscore the need for clear standards and consumer protection.Government agencies provide differing estimates about...
The US House hearings on digital assets painted a picture of Republicans pushing for innovation and regulatory clarity, while Democrats voiced concerns about consumer protection. Amidst the talk of blockchain in agriculture and the SEC's supposed overreach, a critical question remains: Who really benefits from this brave new world of...
