Hong Kong Regulator Bans Two Crypto Websites for Scamming Investors

Hong Kong’s Securities and Futures Commission (SFC) has banned two cryptocurrency websites, HongKongDAO and BitCuped, for allegedly scamming investors. The SFC took action after receiving information that the platforms were misleading users. HongKongDAO was found to have deceived users into purchasing a token called “HKD” and falsely claimed to have applied for licenses from the […]

French Bank Societe Generale Launches Euro Stablecoin on Ethereum Blockchain

Societe Generale FORGE, a subsidiary of the French banking group Societe Generale, has announced the launch of EUR CoinVertible (EURCV), a stablecoin tied to the Euro and issued on the Ethereum blockchain. EURCV is an ERC20 token designed to provide a low volatility cryptocurrency that maintains a stable value equivalent to the Euro. The stablecoin […]

French Bank Societe Generale Launches Euro Stablecoin on Ethereum Blockchain

Societe Generale FORGE, a subsidiary of the French banking group Societe Generale, has announced the launch of EUR CoinVertible (EURCV), a stablecoin tied to the Euro and issued on the Ethereum blockchain. EURCV is an ERC20 token designed to provide a low volatility cryptocurrency that maintains a stable value equivalent to the Euro. The stablecoin […]

Hong Kong Regulator Warns of Suspected Crypto Fraud Involving BitCuped and HongKongDAO

The Securities and Futures Commission (SFC) of Hong Kong has issued a warning regarding suspected fraud involving two crypto entities, Hong Kong Digital Research Institute and BitCuped. The SFC stated that the Hong Kong Police Force has blocked access to the websites of these entities, as users could be deceived into making illegitimate investments. Cease […]

Hong Kong Regulator Warns of Suspected Crypto Fraud Involving BitCuped and HongKongDAO

The Securities and Futures Commission (SFC) of Hong Kong has issued a warning regarding suspected fraud involving two crypto entities, Hong Kong Digital Research Institute and BitCuped. The SFC stated that the Hong Kong Police Force has blocked access to the websites of these entities, as users could be deceived into making illegitimate investments. Cease […]

Bitcoin’s Security Classification Sparks Debate in Crypto Community

The debate over whether Bitcoin should be classified as a security has resurfaced as the deadline for the approval of a Bitcoin exchange-traded fund (ETF) approaches. While regulatory bodies have categorized Bitcoin as a commodity, comments from Securities and Exchange Commission (SEC) Chair Gary Gensler have reignited discussions on its classification.Gensler’s recent remarks suggesting that […]

Bitcoin’s Security Classification Sparks Debate in Crypto Community

The debate over whether Bitcoin should be classified as a security has resurfaced as the deadline for the approval of a Bitcoin exchange-traded fund (ETF) approaches. While regulatory bodies have categorized Bitcoin as a commodity, comments from Securities and Exchange Commission (SEC) Chair Gary Gensler have reignited discussions on its classification.Gensler’s recent remarks suggesting that […]

Binance to Reimburse Users and Delist AEUR Stablecoin After Surge in Value

Crypto exchange Binance has decided to reimburse users and delist the Anchored Coins Euro stablecoin (AEUR) after its value surged by over 200% following its listing. Binance will compensate users who bought AEUR at an inflated valuation and were unable to sell it after trading was halted. Affected users will receive a refund for the […]

Binance to Reimburse Users and Delist AEUR Stablecoin After Surge in Value

Crypto exchange Binance has decided to reimburse users and delist the Anchored Coins Euro stablecoin (AEUR) after its value surged by over 200% following its listing. Binance will compensate users who bought AEUR at an inflated valuation and were unable to sell it after trading was halted. Affected users will receive a refund for the […]

North Korean Hackers Target Cryptocurrency Community with Telegram Phishing Attacks

North Korea-backed hacker group Lazarus Group has been escalating its attacks on the cryptocurrency community through phishing operations on the messaging app Telegram. The group is impersonating reputable venture capital firms to deceive crypto teams into running malicious scripts for phishing attacks. They establish trust with their victims through constant messaging and then trick them […]