Iran importer calls for regulatory laws to use crypto in foreign trade
Iran importers association has called on the government to establish stable laws in order to enable them to use cryptocurrency payment in the nation’s international trade. The chairman of Iran’s Importers Group and Representatives of Foreign Companies (Import Association), Alireza Managhebi, was quoted in local media on August 20 as stressing the need for reliable […]
SudoRare shuts down its services, social media accounts
AMM protocol SudoRare has suddenly shut down its services and social media accounts after allegedly making away with 519 Ether, worth roughly $815,000. Sungjae_han, a member of the cryptocurrency community, was the first to draw attention to a suspicious transaction that used the LooksRare (LOOKS) and USD Coin (USDC) tokens to siphon off a sizable […]
Cardano founder criticizes U.S. Tornado cash sanctions
Charles Hoskinson, the co-founder of Cardano blockchain platform, criticized the U.S. for blacklisting Tornado Cash for breaking sanctions. The government has criticized Tornado Cash, a decentralized Ethereum protocol for private transactions, for helping to launder more than $7 billion in digital assets. Hoskinson claimed in a video that the U.S. government is setting a very […]
FBI issues alert as ‘Pig Butchering’ crypto scam gains momentum
The Pig Butchering scam relies on a fraudster gaining confidence with their victim sometimes over a long time span of weeks or months.” According to recent media reports, U.S. officials have issued warnings about the pig butchering scam’s expanding notoriety, including the Federal Bureau of Investigation (FBI) and Lakewood Police, where incidents have been reported. […]
Pavel Durov proposes ‘NFT-like smart contracts’ to auction usernames, links
Pavel Durov, Telegram’s founder has proposed the idea of a marketplace that would employ “NFT-like smart contracts” to auction off popular usernames, groups, and channel links. The creator of the secure messaging service Telegram, Pavel Durov, has proposed the idea of a marketplace that would employ “NFT-like smart contracts” to auction off popular usernames. Durov […]