The US Treasury has sanctioned Funnull Technology, a Philippines-based firm, for allegedly providing services to thousands of crypto scam websites, highlighting the ongoing battle against crypto fraud.
Category: News
NYPD Officers Under Scrutiny in Crypto Trader Torture Case: What It Means for Crypto’s Reputation
Two NYPD officers are under investigation for alleged connections to the kidnapping and torture of a crypto trader in New York City. This raises concerns about the intersection of law enforcement and the crypto world.
Base Blockchain Briefly Rivals Solana’s Speed: What Does It Mean for the Future of Layer-2?
Coinbase’s Base layer-2 blockchain experienced a surge in transaction processing speed, briefly nearing Solana’s level. This raises questions about the scalability and competitiveness of layer-2 solutions.
Hyperliquid Whale Liquidated for $100M as Bitcoin Dips: A Cautionary Tale
A high-stakes Bitcoin bet gone wrong leads to a massive liquidation on Hyperliquid, highlighting the risks of extreme leverage in crypto trading.
SEC Clarifies Stance on Crypto Staking: A Win for Proof-of-Stake?
The SEC’s Division of Corporation Finance has issued a statement suggesting that certain crypto staking activities on Proof-of-Stake blockchains do not violate US securities laws, potentially impacting the future of DeFi.