US Court Orders $17M Distribution to BitConnect Victims

[ad_1] The wait for some of the victims of the crypto Ponzi scheme Ponzi Scheme A Ponzi scheme is a scam that looks to lure investors, ultimately paying profits to earlier investors with funds from more later investors.This form of fraud tricks victims into believing that products are instead...
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Bulgaria Launches Probe of Crypto Lender Nexo, Raids Offices

[ad_1] Local investigators in partnership with foreign agents raided the Bulgaria offices of the cryptocurrency lending firm, Nexo, on Thursday. Bulgarian business daily Dnevnik reports that a total of 15 offices are being checked with over 300 officials from various agencies working on the case. Additionally, prosecutors have launched...
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Industry execs expect more big players to jump in

[ad_1] Despite the bullying that gamers inflict on traditional gaming companies dipping their toes into nonfungible tokens (NFTs), executives working within the NFT gaming industry are hopeful that more traditional gaming firms will jump into the space this year.  From mainstream gaming companies jumping in, to the relevance of...
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Binance New Swedish Registration its 7th License in EU

[ad_1] Binance Nordics AB, the Swedish subsidiary of top cryptocurrency exchagne, Binance, has been registered as a virtual currency trading and management institution by the Swedish Financial Supervisory Authority (Swedish FSA). The new license marks the digital asset company’s seventh regulatory approval within the European Union region. The approval...
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Altcoin Dominance Highest Since Jan 2021, Trouble For BTC?

[ad_1] On-chain data shows that altcoin volume dominance is now at the highest level since January 2021, while Bitcoin’s is at its lowest. Altcoin Dominance By Volume Recently Touched A High Of 64% As pointed out by an analyst in a CryptoQuant post, Bitcoin’s dominance is just at 16%...
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Are the Ethereum Killers Still Deadly?

[ad_1] Back in 2021, and heading into 2022, there was a dominant crypto narrative around the idea of Ethereum killers. This referred to rival Layer 1 blockchains that were geared towards smart contract transactions and could be used for all the things that Ethereum was known for, enabling networks...
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