Ruja Ignatova Known as ‘Crypto Queen’ is on FBI 10 Most Wanted List

The Cryptoqueen, Ruja Ignatova, is now on the FBI’s top 10 most wanted list. Ruja Ignatova is known as the mastermind of crypto fraud OneCoin. Currently, she is the only woman listed as the most wanted person in the world on the FBI’s top 10 most wanted list. A 42 years old Bulgarian woman, a …

Crypto hacks are declining in numbers but increasing in damage

Cryptocurrency hacks have been significantly decreasing in numbers since the beginning of the year. According to the latest research from BestBrokers, the industry saw 64 security breaches by mid-June — a sharp decline from last year’s 251 hacks. However, while the number of successful hacks has been decreasing, the damage they’ve done to the industry …

Top 10 VC firms have ownership in 38% of all unicorns

In a bid to answer the question of where does big venture capital money go to, a new analysis looked at the most recent data on unicorns. The overall number of companies that exceed $1 billion in valuation has doubled in the past year alone, with venture capital money responsible for most of that growth. …

Colombia integrates Ripple’s XRPL for land registry

Columbia integrated a digital lang registry system built on Ripple‘s XRPL Blockchain into its National Land Agency. The solution was built in a year by the joint efforts of Ripple and its Barcelona-based partner Peersyst Technology. 📢 Thrilled to announce that after a year of development with @GobDigitalCO @Ministerio_TIC, we launched the first #NationalLandRegistry on …

Voyager Digital suspends trading, deposits, withdrawals – stock drops 38%

Effective immediately, Voyager Digital has suspended all activity, including trading, deposits, withdrawals, and rewards. The company’s share price fell 38% following the news, while its native token VGX is down 9%. While trading on the platform is currently unavailable, over 25% of the trading volume for VGX occurs on Binance. At the time of writing, …

Huobi founder looking to sell shares amid company downsizing

Global exchange giant Huobi‘s founder and CEO Leon Li is reportedly looking to sell his more than 50% stake in the company as the exchange struggles on the revenue front after banning Chinese users. EXCLUSIVE: Huobi founder Li Lin is looking to sell his stake in Huobi. Li Lin currently holds more than 50% of …

FTX gives BlockFi $400M credit facility; has option to buy company for up to $240 million

BlockFi’s CEO Zac Prince on July 1 announced a $400 million credit facility from FTX and the option to purchase the company in its entirety for up to $240 million depending on performance. The statement comes less than 24 hours after CNBC reported that BlockFi was being acquired by FTX for just $25 million. Prince …

Tether reducing commercial paper holdings down to $3.5 billion by end-July

Tether said July 1 that it is further reducing its commercial paper portfolio. This latest reduction will the stablecoin issuer’s commercial paper assets drop to a low of $3.5 billion from its current holdings of $8.4 billion, after $5 billion of these holdings expire on July 31. Tether commercial paper portfolio The latest announcement comes …

US Regulator Charges South African MTI and Its Operator With $1.7 Billion Fraud Involving Bitcoin

The U.S. Commodity Futures Trading Commission (CFTC) has charged Mirror Trading International (MTI) and its operator with a $1.7 billion fraud involving bitcoin. This action is the regulator’s largest fraud scheme case involving the cryptocurrency. CFTC Takes Action Against MTI The CFTC announced Thursday that it has charged a “South African pool operator and CEO …

Crypto Exchange Coincoinx to Launch Crypto to Fiat Payments App in Venezuela

Coincoinx, a cryptocurrency exchange, will reportedly launch a service that will allow users to skip trading crypto for fiat to make payments in Venezuela. The service, which is called Coinpago, will allow users to make payments in every store and retailer in the country that accepts Pagomovil, a banking service that allows seamless fiat transfers …

Lucky Block Gears Up for its Boxing Ambassador’s Upcoming Match

Crypto games have been around for a while and gained considerable attention during the bull market last year. People are interested in the functioning of the concept as it provides a new, safe and fun experience for them to participate. But the current bearish sentiments in the industry have proven to be catastrophic for many …

FTX Plans to Close on Buying BlockFi But Not Celsius Mess

FTX is set to demonstrate their vulture capitalism with the acquisition of BlockFi, a digital asset platform, for only $25 million. According to sources, if confirmed, investors will lose almost everything they had in BlockFi. A $350 million deal from last year will be reduced by 99%. FTX may buy BlockFi for peanuts BlockFi CEO …

$1 Million Draw Winners of LBlock Shared Their Story

A Lucky Block giveaway of $1 million LBLOCK tokens on Friday 31 May for the owner of one of their Platinum Rollers Club NFTs. The winner shares a story about their experience. ‘It’s incredible’, said the 1 million dollar winner, who won the Jackpot of Lucky Block Platinum Rollers Club NFT. I am such an …

Introducing our NFT Dapp Starter Kit for Developers

TL;DR: We’re providing developers with an open-source starter kit that can be used to kickstart dapp development for NFT minting sites. Happy building! By JM Cho, software engineer for Coinbase Wallet Last year, the NFT market experienced its best year yet — generating over $23 billion in trading volume with a floor market cap of …

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