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13 May 23

Regulators clamp down on websites offering unrealistic crypto returns

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a crackdown on fraudulent activities, the SEC has taken action against operators of multiple websites accused of enticing investors with exaggerated returns through various securities offerings, including crypto asset mining pools. The regulatory agency has targeted these operators for allegedly […]

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03 May 23

UK to ban “cold calls” offering insurance and cryptocurrency

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The U.K. plans to outlaw “cold calls” offering insurance and crypto to curb fraud. The National Crime Agency says fraud costs the country over £7b ($8.7b) annually. U.K. government stepping in to curb fraud To better its moves towards intelligence-led enforcement, […]

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02 May 23

Bybit begins offering crypto lending services

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Dubai-based crypto exchange Bybit has introduced crypto lending services to its portfolio of services. This allows users to earn passive interest income on their idle cryptocurrency assets. According to the announcement made on May 2, users can deposit their unused crypto […]

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22 Mar 23

Shiba Inu burn rate increases with Koyo offering to burn 50% of profits

One of the SHIB Army’s primary goals is to raise the meme coin’s price, including burning Shiba Inu tokens. The SHIB burn rate has increased since the beginning of March, with the Koyo Token project being a key contributor. Koyo to invest its earnings in Shiba Inu The Koyo token, which acts as a form […]

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06 Mar 23

Binance allegedly tried to evade US authorities, while offering Gensler advisory role

A recent report revealed that crypto exchange Binance allegedly maintained control over its American unit, which was said to operate independently from the international entity. Moreover, Binance reportedly courted Gary Gensler to be an adviser for the company long before Gensler became chairman of the US Securities and Exchange Commission (SEC). A Wall Street Journal report […]

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