Phishing dangers increase as Celsius acknowledges client emails leak
Following the company’s disclosure that some of its client data had been compromised in a third-party data breach, Celsius depositors should be on the watch for phishing schemes. Customer emails from Celsius have already been misused and published online. Customers of Celsius were notified via email on Tuesday that an employee of one of its […]
Fed demands Voyager erase “false” claims that deposits are FDIC-insured
Voyager allegedly “made numerous assertions online” that its funds were FDIC-insured, according to the Fed and FDIC. Voyager Digital, a cryptocurrency lender, has been ordered to delete “false and deceptive” claims that the bank accounts of its customers are FDIC-insured. Seth Rosebrockfrom and Jason Gonzalez, assistant general counsel at the Federal Reserve and the Federal […]
Pat Toomey attributes crypto-ending platform crisis to SEC
A senator who supports cryptocurrency thinks SEC enforcement-based regulatory strategy is counterproductive. Senator Pat Tomey, well-known for his outspoken support of the cryptocurrency sector, claims that the Securities and Exchange Commission (SEC) of the United States could have stopped the loss of $12 billion in assets by investors who relied on Celsius, a platform for […]
FTC sues Meta for attempting to monopolize the metaverse
In an effort to prevent the social media behemoth from achieving “its ultimate aim of dominating the whole “metaverse,” the Federal Trade Commission (FTC) of the United States has launched a lawsuit against Meta and CEO Mark Zuckerberg. Meta was previously sued by a government agency in 2020 for suspected “anticompetitive behavior” in its purchases […]
Bitcoin critics remain optimistic about the future of digital assets
Although he has reservations about Bitcoin architecture, a finance professor remains optimistic about the direction that digital assets may go in the future. Bitcoin (BTC) is far from being ideal by design, according to a finance expert at the London School of Economics, but it’s impossible to see a world without digital assets (LSE). Igor […]