In May 2024, the FBI launched a surprising new tool in the fight against crypto crime: NexFundAI. This isn’t just any cryptocurrency; it’s a special Ethereum-based token created as part of a secret operation called Operation Token Mirrors. But what does that mean? Let’s dive into this fascinating story. What’s
Vice President Kamala Harris is making a big promise to Black voters that could shape the 2024 presidential election. On Monday, she’s announcing plans to legalize recreational marijuana, protect cryptocurrency assets, and offer 1 million loans to Black entrepreneurs. These moves are all part of her strategy to win over
Yulia Vavilova, a 24-year-old influencer and self-described crypto coach, has finally spoken out after being detained alongside Telegram founder Pavel Durov in Paris. She was arrested last month while flying with Durov on his private jet, but up until now, she hadn’t shared her side of the story. Her return
In a groundbreaking development for digital finance and employment law, the Dubai Court of First Instance has made a historic decision that validates salary payments in cryptocurrency. This landmark ruling marks a significant shift in the United Arab Emirates’ legal landscape, reflecting a broader acceptance of digital currencies within the
India’s Enforcement Directorate (ED) has taken a giant leap in battling cryptocurrency fraud. Following a high-profile scam linked to the gaming app E-Nuggets, the ED, grappling with the complexities of seizing digital assets, created its own cryptocurrency wallet. This strategic shift allows them to securely manage and control nearly $12
Cryptocurrencies are gaining popularity as an alternative investment, attracting many with the prospect of higher returns compared to traditional markets. However, like any investment, cryptocurrencies come with risks that need to be carefully considered. The volatility and potential for immediate transactions pose unique challenges. By evaluating the key benefits and
In November last year, researchers Joe Grand and Bruno, using insights into a flawed password generator, successfully cracked an 11-year-old password, unlocking Michael’s $3 million cryptocurrency wallet initially thought irretrievable. When “Michael,” a cryptocurrency owner, reached out to Joe Grand two years ago asking for assistance in regaining access to
In a post on X, the National Association of Cryptocurrencies of Venezuela announced that the country has banned crypto mining to protect the power grid. Due to its high electricity requirements, the Venezuelan government has joined the list of nations that disapprove of cryptocurrency mining. The Ministry of Electric Power
According to monitors, North Korea has stolen $3.6 billion in crypto assets from cryptocurrency companies between 2017 and 2024, with $147.5 million stolen through the virtual currency platform Tornado Cash in March alone. According to private work by UN sanctions monitors reviewed by Reuters on Tuesday, North Korea laundered $147.5