Money Market Funds Attract $397 Billion as Bank Deposits Decline
In 2023, $397 billion shifted from US bank deposits to higher-yielding money market funds, posing potential tax implications for investors.
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3 New Cryptos Launched This Week to Keep an Eye On
11/01 11:30
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Estonian Crypto Businessmen Extradition to US Annulled, Get €114,000 in Reimbursement
Estonia's Circuit Court recently reversed the extradition decision involving Ivan Turogin and Sergei Potapenko, accused in a significant cryptocurrency fraud and money laundering case heading to the United States. The Tallinn Circuit Court annulled the extradition ruling, citing the Estonian government's failure to investigate key circumstances and overlook the US detention facility's condition.
JoySafe Wallet Users Lose More than $5 Million in Address Poisoning Attacks
There are currently around 21 victims and counting
AlexWeb3 Game Landscape: 70% of Web3 Games Failed in 2023
A recent study by CoinGecko has shed light on the harsh reality facing Web3 games, revealing that a substantial 70% of games launched in 2023 have faced failure.
AaronSony's Removal of TV Shows from PlayStation Store Sparks Ownership Debate
The recent decision by Sony to remove TV shows from the PlayStation Store has sparked discussions about the nature of ownership in the digital era. Unlike physical media, digital content faces uncertainties due to licensing agreements and availability constraints. Users investing in digital libraries are now confronted with the sudden disappearance of purchased content, raising pertinent questions about ownership rights.
JoyPlatypus Finance Hackers Acquitted: French Court Rejects Criminal Charges
a French court has cleared the individuals responsible for the $8.5 million hack of Platypus Finance in February 2023. The court acquitted Mohammed M., 22, who orchestrated the sophisticated flash loan attack on the Automated Market Maker (AMM) protocol based on the Avalanche network
AaronCrypto.com Secures EMI Status from UK Regulator FCA
The EMI license empowers Crypto.com to introduce a range of UK-centric e-money offerings within the FCA's framework.
BrianSpanish Founder Faces Extradition Over Crypto Scheme for North Korea
Spanish founder, Cao de Benos, faces extradition for his alleged involvement in a crypto scheme aiding North Korea.
Hui XinFounder of Pro-North Korea Group Arrested in Spain over U.S. Charges
Alejandro Cao de Benos, a flamboyant Spanish aristocrat and founder of the pro-North Korea group Korea Friendship Association (KFA), was arrested in Madrid last week on U.S. charges related to cryptocurrency technology. Despite his release a day later, the saga highlights the complex web of international sanctions, political agendas, and alleged illicit activities surrounding North Korea.
JoyBullish Trend in Crypto Sees Record $1.76bn Inflows in 10 Weeks
This surge stands as the most significant since October 2021, coinciding with the introduction of the futures-based ETF in the US.
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