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Super Bowl LVIII Shifts Focus: Entertainment Over Crypto Ads
cryptocurrency

Super Bowl LVIII Shifts Focus: Entertainment Over Crypto Ads

Super Bowl LVIII marked a shift in advertising trends, shifting away from cryptocurrency ads, despite strong crypto presence, and towards entertainment and traditional brand promotions over financial technology themes.

Facebook Libra: The Latest Crypto Used in Illegal Financial Activities?
cryptocurrency

Facebook Libra: The Latest Crypto Used in Illegal Financial Activities?

“With the evolution of virtual currencies and new marketplaces, nefarious actors are continuously adapting to find new ways to engage in illegal financial activity.” said U.S. Representatives Emanuel Cleaver, during the briefing with Financial Crimes Enforcement Network (FinCEN) on 27 June.

Spike in COVID-19 Cybercrime Is Stimulating Mass Adoption of Blockchain in Asia
cryptocurrency

Spike in COVID-19 Cybercrime Is Stimulating Mass Adoption of Blockchain in Asia

With COVID-19 forcing businesses to adopt digital means of transacting, there is a spike in blockchain adoption, Bitcoin price surge, rise in Bitcoin scams.

DBS Provides Crypto for Trust Offerings
cryptocurrency

DBS Provides Crypto for Trust Offerings

DBS Group launches an offering trust service for cryptocurrencies, allowing their premium clients, include the emerging asset class in their succession plans.

US Justice Department Charges Six People for Laundering Drug Cartel Money Using Crypto
cryptocurrency

US Justice Department Charges Six People for Laundering Drug Cartel Money Using Crypto

The US Eastern District Court of Virginia has charged six people for allegedly involved in laundering millions of dollars for Mexican drug cartels using cryptocurrency.

Accused Co-Founder of $9 Million Crypto Ponzi Scheme Declares Not Guilty in Court
cryptocurrency

Accused Co-Founder of $9 Million Crypto Ponzi Scheme Declares Not Guilty in Court

The co-founder of Zima Digital Assets, Zachary Salter and his associate, 28-year-old John Caruso jointly declared not guilty to charges of money laundering and conspiracy to attempt wire fraud during arraignment in an Arizona court on March 4.

Bank of Jamaica Collaborates with Local Government to Expand CBDC Adoption
cryptocurrency

Bank of Jamaica Collaborates with Local Government to Expand CBDC Adoption

In a recent update, it was reported that the Bank of Jamaica is set to partner with the Government to boost the adoption of its central bank digital currency, JamDex, as a payment method.

Trezor Strengthens Security Measures Amid Phishing Concerns
cryptocurrency

Trezor Strengthens Security Measures Amid Phishing Concerns

Trezor recently faced a security breach in its third-party support ticketing portal, potentially affecting 66,000 users. While user funds and device security remain secure, the incident raises concerns over increased phishing risks.

Non-Zero ETH Addresses Hit ATH, Ethereum Overtooks Visa in Trading Volume in 2021
cryptocurrency

Non-Zero ETH Addresses Hit ATH, Ethereum Overtooks Visa in Trading Volume in 2021

Despite the crypto market limping based on massive liquidations, more participants continue joining the Ethereum network.

Bitcoin’s 30-Day MVRV Shows BTC UnderBought
cryptocurrency

Bitcoin’s 30-Day MVRV Shows BTC UnderBought

Bitcoin’s 30-day MVRV, measuring the returns of 30-day trading addresses, shows BTC is underbought.

Bithumb CEO Summoned by South Korean Authorities Following Police Raid on Offices
cryptocurrency

Bithumb CEO Summoned by South Korean Authorities Following Police Raid on Offices

The Chairman of the Board of Directors of Bithumb Holdings, Lee Jung-hoon has been summoned by the Seoul Metropolitan Police Agency's Intelligent Crime Investigation Unit following the unit's incessant raid on the exchange.

Fidelity Investments Experiments With Crypto Salary Payments
cryptocurrency

Fidelity Investments Experiments With Crypto Salary Payments

Fidelity Investments experiments with paying employees in cryptocurrency

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