Dubai authorities introduce new rules for virtual asset service providers

The Dubai Virtual Asset Regulatory Authority (VARA) is introducing updated rules for Virtual Asset Service Providers (VASPs) and crypto companies. Published on Tuesday, February 7, on the VARA website, the rules detail the requirements for legal entities, from cybe ...

If you are a fan of the metaverses, you should not forget about MANA and here's why

Decentraland (MANA) token price increased by 150% over the past two weeks and made a bullish breakout of the 406-day resistance line The Decentraland platform is one of the most popular metaverses built on the Ethereu ...

Ethereum (ETH) stumbles but stays on track at $2,000

Ethereum (ETH) bounced off the $1,660 resistance area on January 21 and has been declining ever since. Probably, the price is correcting before a new phase of growth ETH is the second largest cryptocurrency by market ...

Signature Bank Accused of Aiding FTX Management

Signature Bank (SBNY), one of the largest US cryptocurrency banks, was accused of participating in fraudulent transactions that are attributed to the leadership of the collapsed FTX cryptocurrency exchange. A class-action lawsuit against the bank in federal court i ...

Sam Bankman-Fried promised not to use encrypted messengers for communication

Former FTX CEO Agrees to Stop Using Signal and Other Encrypted Messaging Apps. This is a prerequisite for his release on bail. “Respondent will not be required to use any encrypted calling or messaging applications, including but not limited to Signa ...

UN: North Korean hackers stole a record amount of cryptocurrency in 2022

The United Nations (UN) submitted a report to the North Korea Sanctions Committee, according to which North Korean hackers stole more crypto assets in 2022 than in any other year. UN analysts have found that North Korean hackers are responsible for stealing between $63 ...

The Webaverse project lost $4 million in crypto assets

Webaverse co-founder Ahad Shams said the attackers managed to steal $4 million worth of assets after they were able to access the Trust Wallet. According to Ahad Shams, the attackers posed as investors and met with him in the lobby of a hotel in Rome. He emphasizes tha ...

Bulgarian businessman lost half a million dollars trying to buy cryptocurrency

Bulgarian businessman, whose name is not disclosed by law enforcement agencies, lost a large amount of money due to scammers who convinced him to invest in cryptocurrency. The scheme worked through call centers. The businessman transferred more than 1 million leva (abo ...

Brazilian crypto pyramid Indeal filed for bankruptcy

Investment company Indeal is recognized as a financial pyramid, and the management is accused of causing harm to more than 23 thousand clients in the amount of more than $ 200 million. The court of the Brazilian city of Porto Alegre received a notice that the investmen ...

Interpol is going to investigate crimes in the metaverses

International law enforcement agencies represented by Interpol have begun training personnel in methods of combating criminal activity in the metaverses. Purpose: to identify crimes that may not be considered a crime in the physical space, but pose a threat in t ...