The US authorities alleged Vladimir Okhotnikov, Olena Oblamska, Mikhail Sergeev, and Sergey Maslakov – the founders of the dubious cryptocurrency investment platform Forsage – to have orchestrated a global pyramid scheme that conned investors with approximately $340 million. All defendants are charged with conspiracy to commit wire fraud and could receive a maximum penalty of...Read More
Most residents of McLouth, Kansas, reportedly criticized the potential construction of a cryptocurrency data center about a mile and a half north of the town. Their main concerns are that the facility will harm the local environment and be very loud. Not a Warm Welcome According to recent coverage, many residents of the small town of...Read More
According to recent Bulgarian sources, Ruja Ignatova, a.k.a the “Cryptoqueen,” might have been killed in November 2018. She is the founder of the fraudulent scheme OneCoin and was last spotted in Greece in 2017. More Evidence About her Possible Death Secret police documents seen by Bulgarian media outlets revealed that the notorious Ruja Ignatova might have been...Read More
Cardano network made itself at the top of the league with continuous developments last week. However, despite gaining much traction with its Valentine’s upgrade, ADA price is now struggling even to hold its support level. Moreover, the latest downward move by Cardano has left investors worried as a bearish trap has formed, leaving ADA price...Read More
As Ripple Labs is not slowing down in bringing new announcements to the network, including XRP Ledger and confidence of a victory against the SEC in the final judgment, it creates hope of a new era for the XRP token ahead. However, the XRP price is not giving any results as it focuses on extending...Read More
Nadeam Nahas – a 39-year-old former US state of Massachusetts employee – reportedly faces charges of placing a cryptocurrency mining operation in a remote space at a local school. Court documents claim he stole nearly $17,500 worth of electricity to power his supercomputers. Revealing the Crime According to recent coverage, Nahas set up his crypto miner...Read More
AlienFi is a decentralized exchange (DEX) based on the Arbitrum Chain that offers rapid, secure, and low-cost token trading with complete transparency and complete management of your cash. AlienFi’s elegant and user-friendly platform facilitates the trade of DeFi assets by its users. AlienFi removes the possibility of hacking and theft, allowing users to keep complete...Read More
Blockchain intelligence company TRM Labs revealed that some major Russian-linked ransomware syndicates rebranded their activities in 2022 to avoid sanctions from Western countries. According to a new report published recently, the rebranding and other significant activities showed notable changes in the cybercrime space and darknet markets (DNMs) after Russia invaded Ukraine. Ransomware Operators Rebranded to...Read More
Chapter 15 of the book Reckless: The Story Of Cryptocurrency Interest Rates is published below. The full book is available on Amazon. The book was written before the bankruptcy of FTX and therefore does not include coverage of this event. However, the book does provide useful commentary in the run up to the failure of FTX, which provides...Read More
