Contributors from 44 countries are tasked with vetting the information being shared on posts that draw greater attention and are often subject to being picked up by mainstream media.
Worldcoin rebuts reports of lackluster takeup as Altman cites Japan queues
A video shared by Worldcoin co-founder Sam Altman shows a long queue of people in Japan reportedly waiting to collect $50 worth of Worldcoin (WLD) tokens or 25 WLD.
UK crime agency scouts for seasoned crypto investigators
The ideal candidate to join the National Crime Agency will be an existing member of the police staff who is a certified, accredited financial investigator.
TikTok launches text posts feature to rival Twitter and Threads
Just 20 days after Mark Zuckerberg’s Meta launched Threads to rival Elon Musk’s X, TikTok joined the race by allowing users to create and post text-based content.
US FSC Chairman eyes regulatory clarity for crypto, stablecoin ecosystems
The upcoming FCA meeting is aimed at providing regulatory clarity for the digital asset ecosystem — cryptocurrencies, blockchain development and stablecoin payments.
US state agency issues alert on crypto fraud happening over social media
Vermont issued the investor alert after a 74-year-old man lost his life savings of over $340,000 in a crypto fraud orchestrated over Instagram and Telegram.
FedNow Service has no relation with CBDCs, Federal Reserve clarifies
The Federal Reserve certified the FedNow Service as “ready” after it onboarded 41 financial institutions, 15 service providers and the U.S. Department of the Treasury to test the system before its launch by the end of July 2023.
Dormant pre-mined Ethereum worth $116M resurrects after 8 years
During the pre-mine period, the 61,216 Ether was worth roughly $20 million, but eight years later, it’s worth more than $116 million.
Thodex CEO sentenced to Turkish prison for failure to submit tax documents
Faruk Fatih Özer failed to submit the requested documents to the Tax Inspection Board. He denied being Thodex’s official at the time, which prevented him from presenting the requested books.
AnubisDAO’s rug-pulled 13.5K ETH washes away on Tornado Cash
After almost two years, the stolen 13,556 ETH, worth nearly $60 million at the time, amounted to almost $26.2 million at the time of writing.
Ripple CTO warns against XRP scams amid SEC-induced hype
The XRP price rallied over 70% — bringing up its value from $0.47 to $0.82 in a day. The incident also marks the biggest price jump XRP witnessed over the past year.
Polygon proposes upgrading MATIC into a multipurpose token for all chains
The proposal for MATIC’s technical upgrade is subject to approval from the Polygon community. Once approved, MATIC’s upgrade to a multipurpose token will result in its renaming to POL.
US GAO explores blockchain for SBA’s small business programs oversight
The Government Accountability Office highlighted blockchain’s ability to streamline and improve annual reporting, facilitate safe loans and monitor business development progress.
UK FCA shuts down 26 crypto ATMs following coordinated investigation
The FCA and other law enforcement agencies investigated 36 crypto ATM locations using powers under money laundering regulations.
DeFi protocol Arcadia Finance hacked on Ethereum and Optimism for $455k
A loophole in the code allowed the hacker to drain funds worth roughly $455,000 from Arcadia’s Ethereum (darcWETH) and Optimism (darcUSDC) vaults collectively.
Crypto Twitter has a persistent ‘fake followers’ problem, data reveals
Shiba Inu had the greatest number of fake followers at 10.26% or 80,000 accounts, while Avalanche and Polygon followed suit with 8.14% and 7.58% of fake accounts respectively.
Binance launches Bitcoin mining cloud services amid SEC crackdown in the US
Crypto exchange Binance is currently selling 1 Terahash per second (Th/s) at $10.7280, which is split between the hashrate and electricity costs at $1.17 and $9.558 respectively.
AI startup by ex-Meta and Google researchers raises $113M in seed funding
The company is on a hiring spree, and is on the lookout for artificial intelligence researchers, software engineers and product developers.
Reddit crypto community goes offline: Here’s why
Reddit communities unanimously decided to go private or in read-only modes from June 12 to 14, protesting against an upcoming change that would prevent users from freely accessing APIs and tools.
Do Kwon could serve prison in both US and South Korea, prosecutor says
South Korean prosecutor Dan Sunghan says Kwon’s extradition to South Korea makes more sense but adds that the Terraform Labs co-founder could also serve time in the United States as well.