Scammers steal nearly $1M after hijacking 8+ prominent Crypto Twitter accounts

The scammers have recently taken over accounts belonging to the founder of Pudgy Penguins, the chief technology officer of OpenAI and even crypto hater Peter Schiff.

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How Darknet Hackers are Trading Crypto Accounts for $85

A new study reveals that hackers sell hacked crypto accounts for as low as $85. Is cybersecurity a myth in 2023? The post How Darknet Hackers are Trading Crypto Accounts for $85 appeared first on BeInCrypto.

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Delaware DOJ Freezes Wallets, Accounts in 'Pig Butchering' Crypto Scams

A total of 23 entities including wallets, accounts and individuals, were traced in this stealthier version of a common crypto romance scam.

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Federal Reserve Issues Final Guidelines for Crypto Companies Looking to Open Master Accounts

The United States Federal Reserve issued final guidelines that will be used to evaluate crypto company requests for master accounts. The post Federal Reserve Issues Final Guidelines for Crypto Companies Looking to Open Master Accounts appeared first on BeInCrypto.

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NYDIG Partners with FinTech Giant to Enable US Bank Customers to Buy, Hold, and Sell BTC through their Existing Accounts

Through NYDIG’s custody solution and FIS’s link to lenders, nearly 300 million checking accounts, the idea is to bridge the gap in accessibility to Bitcoin because banks are seeing that their clients want crypto assets and are sending funds to crypto exchanges.

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The crypto FBAR: Implications beyond

What crypto owners should know if crypto accounts fall within the new Foreign Bank and Financial Accounts regulations.

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Weibo accounts of three major crypto trading exchanges suspended

Chinese Twitter-lookalike and the largest micro-blogging social media site Weibo, has suspended the official accounts of three major crypto exchanges, Binance, Huobi, and OKEx. According to a report by the local media outlet, the Global Times, the crypto community on Weibo started to notice on Thursday morning that the three accounts were inaccessible. A notice […]

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Thailand’s crypto market seeks clearer regulations as industry interest peaks

The Thai SEC says the total number of crypto accounts rose by nearly 300% over the course of the last 180 days.

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US charges operators of Russian troll farm with fraud over crypto accounts

New wire fraud charges against St. Petersburg trolls allege that they stole the identities of U.S. citizens to open crypto accounts.

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US Files Suit Against Crypto Accounts Tied to North Korea

Prosecutors say the 280 accounts hold crypto stolen from two exchange hacks last year.

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Crypto Savings Accounts Are Coming to Fintech Firms That Use Wyre

Crypto payments startup Wyre is offering white-labeled savings accounts that dole out interest on crypto, the company announced Friday.

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Chinese Banks Says They Will Not Freeze Legal Crypto Accounts

Chinese banks are clarifying that they are not shutting down any legal crypto accounts.

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Brazil: Authorities Investigating Banks that Close Crypto Exchange Accounts

The Administrative Council for Economic Defense (CADE), Brazil’s antitrust watchdog, elected to revisit the probing of some banks who closed the bank accounts belonging to local crypto exchanges.   Antitrust Agency Probes Banks’ Closure of Crypto Exchange Accounts According to a report by Finance Magnate on Thursday (May 21, 2020) the CADE moved to continue itsRead MoreRead More.

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Crypto Lending Company BlockFi Launches Crypto Accounts With Bitcoin, Ethereum Support

Accounts bearing 6 percent annual interest paid monthly in crypto have been launched by crypto wealth management and lending company BlockFi

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WeChat Now Censoring Bitmain and Crypto Price Prediction Accounts

WeChat has just blocked an official sales channel for Bitmain miners, along with several accounts that analyse the crypto markets.

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UK Bank Freezes Crypto Investors Accounts, Seizes Holdings for Further Investigation

UK Bank Freezes Crypto Investors Accounts and Seizes Holdings for Further Investigation A victim, which News. Bitcoin. com named, John claims to have had his crypto accounts frozen and locked out of by UK bank.

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Korean Watchdog Tightens Rules on Crypto Exchange Bank Accounts

Banks in South Korea are now required to monitor all accounts held by crypto exchanges following a tightening of anti-money laundering measures.

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Jersey Need To Consider This Before It Can Become The Crypto Capital Of Europe

Recently, we are seeing more and more news from Jersey, a British island situated off the south coast of England, wedged between northern France in the English Channel. Quite an idyllic location by all accounts, not that I’ve been myself.

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Cryptonite, a New Product From MetaCert, Promises to Make Scambots Obsolete

Sometimes, these scams are easy to snuff out, especially if the individual being mimicked is verified by Twitter. But Twitter doesn’t verify everyone, especially not in an industry still so niche as crypto.

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China Releases Updated Crypto Index: EOS on Top While Bitcoin Falls Out of Favor

The China Center for Information Industry Development (CCID) released the second iteration of its monthly Global Public Chain Technology Evaluation Index. As part of the Ministry of Industry and Technology Information, the CCID is releasing the monthly reports on behalf of the Chinese government.

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Robinhood Reportedly Considering Formal Banking Services

Unnamed sources suggest popular free crypto and stock trading application (app), Robinhood, is negotiating with US regulators about prospects for it becoming a bank, complete with traditional services such as savings accounts.

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Tether can back its tokens

The bank accounts will not be named due to privacy concerns, Hoegner notes, adding that the firm had access to banks statements and employees, as well as contact with Tether executives. The cryptocurrency again fell under scrutiny from the crypto community in the wake of dissolving their connection with an auditor before the official audit

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EOS Locks 7 Accounts, everyone in Crypto Feels Implciations

As the migration from the ethereum blockchain to EOS own blockchain took place, EOS holders had to register their new EOS wallet addresses. Within the EOS rules, all but 10 of users’ EOS tokens were staked when the blockchain went live.

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EOS Locked 7 Accounts and It Has Implications for Everyone in Crypto

Seven EOS accounts were frozen to prevent token theft. But does this seemingly moral decision spell havoc for the broader crypto market?

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EOS Locked 7 Accounts and This Has Implications for Everyone in Crypto

Seven EOS accounts were frozen to prevent token theft. But does this seemingly moral decision spell havoc for the broader crypto market?

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EOS Block Producers Freeze User Funds to Prevent Theft, Resulting in Twitter Backlash

The EOS Block Producers’ decision to protect users’ funds from theft by freezing seven accounts has crypto Twitter questioning EOS’ decentralized system

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Big Brother Is Watching As Venezuelan Authorities Move To Monitor Bank Accounts

Reports out today suggest that the Venezuelan Government have now started to monitor traditional bank accounts in order to source and locate cryptocurrency related transactions. Those found to be engaging within cryptocurrency are to be severely punished.

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Venezuela monitoring bank accounts for Grupo transactions begin

Regulation The government of Venezuela has started monitoring the bank accounts of its citizens for cryptocurrency-related transactions. Accounts found to contain crypto transactions at prices which the government considers to be “undermining the national currency” will be “severely punished,” Vice President Tareck El Aissami said. He revealed that, as part of Operation Paper Hands, “5

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Venezuela Begins Monitoring Bank Accounts for Crypto Transactions

The government of Venezuela has started monitoring the bank accounts of its citizens for cryptocurrency-related transactions. Accounts found to contain crypto transactions at prices which the government considers to be “undermining the national currency” will be “severely punished,” Vice President Tareck El Aissami said.

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Despite Court Order Tokyo Exchange Says It’s ‘Technically Difficult’ to Close Accounts

A court order to freeze assets stored in an account on a cryptocurrency exchange in Tokyo could not be enforced, it was learned on June 13. The exchange said it was ‘technically difficult’ to foreclose the account.

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India's Central Bank Admits to Banning Crypto Accounts Without Research

]In a fresh new twist, the Reserve Bank of India (RBI) has admitted to issuing its ban on cryptocurrency-related accounts spontaneously, without taking time to study and understand how cryptocurrencies work.

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India’s Central Bank Carried No Research Prior to Banning Crypto Bank Accounts

India’s Central Bank has admitted they undertook no research prior to issuing a notice on April 6th 2018 prohibiting banks from offering services to crypto-exchanges. In a request for information.

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Colombian banks close buda crypto exchange accounts

Colombian banks have closed all the accounts of South American cryptocurrency exchange Buda. com without warning or explanation. According to local news, the move by the Colombian banks was unexpected, and the banks didn’t disclose why it was closing the accounts.

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Colombian Banks Shut Down Buda Crypto Exchange Accounts

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Twitter Experience Worsens, Ether Fake Giveaways Taking Over

Fake ether token giveaways are clogging Twitter threads, and seemingly by the second. Targeting well-known ecosystem figures, doppelganger accounts are created, complete with matching avatars. A particularly active post can almost assuredly be counted on to receive seemingly organic calls for participation in free crypto programs hosted by the respective personality.

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Swiss Bank Allows Business Accounts for Crypto Companies

Switzerland’s mortgage bank Hypothekarbank Lenzburg (Hypi) has announced that it will open business accounts for crypto companies. With the exception of the Falcon Private Bank, which offers asset management services, Hypi will be the first Swiss bank to open its arms to the crypto community. She said the bank had studied the relevant compliance issues

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Swiss Bank to Allow Business Accounts for Crypto Companies

Switzerland’s mortgage bank Hypothekarbank Lenzburg (Hypi) has announced that it will open business accounts for crypto companies. While cryptocurrency and blockchain technology have been widely accepted in Switzerland, the banks have not been as friendly.

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Women’s Interest in Crypto Trading Has Doubled, UK Exchange Reveals

While women remain a minority among cryptocurrency traders and investors by all accounts, new data reveals that their interest in joining the field is growing fast. This increased openness to crypto is especially true among the young generation of women.

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