Man risks arrest for allegedly hiding crypto mine beneath school
A former facilities worker in the United States state of Massachusetts is accused of stealing about $18,000 in electricity to power 11 crypto miners in a school’s crawl area. A former facilities worker who reportedly set up a hidden crypto mining business inside a Massachusetts school’s crawl space is poised to be arrested after failing […]
Israel crypto fraud syndicate targets Australians
According to evidence, Australians were one of the top countries targeted in a sophisticated cryptocurrency investment fraud network with alleged Israeli kingpins. Australians have been identified as one of the critical targets of a sophisticated network of crypto call-centre scammers allegedly managed by Israeli crime lords. Information discovered following a full-scale operation on four Serbian […]
Google becomes validator on Tezos Proof-of-Stake Blockchain
Google and Tezos blockchain have joined together to accelerate web3 innovation on the decentralized Tezos network. According to reports, the Tezos Foundation will use Google Cloud as a validator as part of the partnership between the two organizations. Corporate users of Google’s cloud infrastructure will be able to build web3 applications and deploy decentralized solutions […]
EU aims to accelerate banking crypto capital regulations
The push to hasten the implementation of crypto rules and regulations is spreading around the world, with the EU leading the way. The EU is working hard to impose stringent capital requirements on banks that handle crypto assets. A January 2025 deadline has been set by the worldwide Basel Committee of banking regulators from the […]
US regulatory pressure results in $32M in digital asset outflows
The SEC is targeting all elements of the digital asset industry in the United States, and institutional investors are feeling the pressure. Institutional investors may have been put off by the regulatory crackdown in the United States, as digital asset investment products saw the highest weekly outflow in 2023. On February 20, institutional crypto fund […]