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Cryptocurrency scams: scammers took a record of $14B in 2021

Cryptocurrency scams: scammers took a record of $14B in 2021

According to fresh data from blockchain analytics firm Chainalysis, scammers amassed a record of $14B in cryptocurrency in 2021. Theft and scams drove a 79% increase in losses from crypto-related crime compared to the previous year. In 2021, the most common type of cryptocurrency-related crime was scumming, which was followed by theft, the majority of which […]

LinksDAO receives $10.5 million, aims to decentralize golfing experience

LinksDAO receives $10.5 million, aims to decentralize golfing experience

LinksDAO raised $10.5 million in a sold-out NFT drop to support its golfing ambitions. LinksDAO , a decentralized autonomous organization formed by Mike Dudas, has raised $10.5 million by selling out its first collection of NFTs. The monies will be used to shake things up in the real world by reinventing the country club, according […]

ChainLink becomes profitable as token soars by 31%

ChainLink becomes profitable as token soars by 31%

Chainlink has risen 31% in the last five days, according to TradingView data. Certain tokens, such as Chainlink , are exhibiting a significant comeback with a 31% gain in the previous five days as the cryptocurrency market recovers after the New Year and weekend celebrations. Chainlink is making a comeback The bulk of the Chainlink […]

Polymarket to pay $1.4M fine for failing to register as a designated contract market

Polymarket to pay $1.4M fine for failing to register as a designated contract market

Blockratize, the parent firm of Polymarket, was accused of failing to register as a designated contract market (DCM) and a swap execution facility (SEF). The Commodity Futures Trading Commissio n (CFTC) has fined Polymarket, a popular crypto prediction market service provider, $1.4 million and ordered it to shut markets that are not in conformity with […]