Scammers are targeting crypto investors through social media platforms like YouTube, WhatsApp, and Telegram, offering fake trading advice and fraudulent investment schemes. They lure victims with fake platforms, celebrity endorsements, and manipulated interactions, leading to significant financial losses.
WeatherlySamsung Electronics is planning job cuts in Southeast Asia, Australia, and New Zealand, potentially affecting about 10% of its workforce in those regions due to challenges in the global semiconductor market. The company's stock has dropped over 20% in 2024, prompting a restructuring effort to improve efficiency and adapt to competition, while also facing internal tensions marked by recent union strikes.
WeatherlyNew Zealand's central bank consults public on potential digital currency, exploring design options and economic impact.
Cheng YuanA New Zealand travel company, We Are Bamboo, folded after using customer funds for cryptocurrency trading.
BeincryptoThe RESTRICT Act could theoretically be abused to ban Americans from using Bitcoin, according to experts.
cryptopotatoThe U.S. is seeking the extradition of FTX founder Sam Bankman-Fried after the collapse of his cryptocurrency market in November.
Others
Huobi Global claims compliance with local regulations as its reason for excluding New Zealand from its list of countries in which it operates derivatives trading.
Cointelegraph"We're going to look at all the bills very, very carefully. We've got a lot of work to do over the next six months," New York Gov. Hochul said.
Cointelegraph
Bitcoinist