Current News
Darknet Hackers Selling Crypto Accounts for as Low as $30 a Pop
Darknet Market Cybercrime Attack Cryptocurrencies have been rising a lot in the last few years and it has also increased the level of cybercrime. Hackers get more opportunities and find new ways of exploiting the vulnerability in the digital currency ecosystem. The hackers out there are very quick in finding the most recent ways to […]
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Terra Classic Are Hopeful for Revival of Failed UST Stablecoin
Terra Classic to “Un-Volatile” UST Stablecoin Terra Classic is a group of developers and investors who specialize in the revival of stablecoins using the former technology and improving on it by changing the algorithms and creating new codes to make them more robust and secure. The latest attempt is on the Terraform Labs-created stablecoin UST. […]
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Terra Co-founder Daniel Shin Now Charged With Fraud
Terrible Terra News One of the co-founders of Terraform Labs, Daniel Shin, plus nine others has now been indicted in South Korea. The reason is that they have been charged for crypto fraud and the conclusion of this came after a months-long investigation by South Korean authorities. The result of this indictment led to the […]
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Zimbabwe´s Central Bank Introduces Gold-Backed Digital Currency
Latest Zimbabwe News Zimbabwe has long now struggled with its economy since early 2000 when the government implemented controversial land reforms which led to the disruption of agriculture which in turn led to a decline in exports. They haven´t really recovered from the situation and are constantly trying new ways to succeed. The latest attempt […]
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Former FTX Boss Charged for a $40 Million Bribe
Crypto Exchange Company Ftx Bankrupt Last year was a very dramatic turn for the crypto trading firm FTX and its founder Sam Bankman-Fried. He had been charged with allegations against him for carelessness of the company’s finances and allegedly stealing from within. This went so far that FTX had to file for bankruptcy and an […]
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Antique NFT Tennis Racquet to Be Auctioned on OpenSea
A Collection of NFT Tennis Racquet´s There is nothing new about collecting digital NFT like art pieces or digitalized land and avatars in games. But now they are taking antique objects like historical weapons or decorative objects and getting them digitized. But the most recent and popular trend is a digitized collection of antique tennis […]
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North Korean Scammers Using DeFi Platforms to Launder Money
US Treasury Report Suggests Crypto Regulations A report released by the US Treasury stated that North Korean scammers are using decentralized finance (DeFi) platforms in their business to launder dirty money. Since DeFi´s nature is decentralized it becomes easier for bad people to go hidden with their activities as all transactions become conducted without intermediaries […]
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The Hottest Cryptocurrencies Out There to Save Our Planet
Film Coin Price Unaffected by Ecoterra’s Launch There are a lot of cryptocurrencies out there in the world. Many have no more than the purpose of having a value, while others tend to direct themselves to other interests. One of these is EcoTerra. A new crypto startup that introduces people to make environmentally friendly actions […]
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Gucci Collaborates With Bored Ape Yacht Club
NFT Bored Ape Yacht Club in the Metaverse Yuga Labs, the creator of the widely popular Bored Ape Yacht Club and Mutant Ape Yacht Club has been very busy these days working on the metaverse project Otherside. It is a whole new digital world that connects everyone that holds bored ape nfts to meet in […]
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NFTs to Be Taxable Collectibles According to IRS
Taxable Non Fungible Tokens At this moment NFT holders are on edge since the IRS has started to consider making the Non-Fungible Tokens become taxable collectibles. A document was released following the proposal to treat NFTs like other collectibles such as fine wine, art, and stamps. The tokens should in that case be taxed accordingly […]
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