The co-founder of the cryptocurrency Ponzi scheme AirBit Club, who defrauded investors of over $100 million, has recently been sentenced to a 12-year prison term. Seven months earlier, in March, Pablo Rodriguez, one of the…
Recent reports state that the Commodity Futures Trading Commission (CFTC) has filed a civil enforcement proceeding against Pennsylvania-based Mosaic Exchange Limited and its CEO, Sean Michael, for allegedly running a fraudulent digital asset commodity scheme…
In the ever-evolving technology landscape, Web3 adoption is rapidly gaining momentum, ushering in an exciting era of decentralized innovation. As the world embraces the potential of blockchain-based solutions, the collaboration between Bybit and DMCC emerges…
On Monday, the U.S. Securities and Exchange Commission filed a lawsuit against Binance, the company that operates Binance.US, and its founder and CEO, Changpeng “CZ” Zhao. The lawsuit claims that they violated federal securities laws. The suit…
In the midst of the crypto industry’s worst bear market ever, Coinbase stock has dropped to new lows, dividing analysts along ideological lines. When it comes to cryptocurrency exchanges, Coinbase is a global powerhouse. Brian Armstrong launched…
Although it is feasible to use blockchain technology and crypto assets securely and legally, money has been stolen. Statista estimates that $950 million worth of cryptocurrencies were stolen globally in 2018. In 2020, $513 million…
2022, the year of recovery for the UAE Auto Market. The automotive industry is expected to be amongst the firsts to recover due to aggressive sales of models in all sectors. While SUVs continue to…
Abu Dhabi , 7 October 2022 – Venom Foundation and DGC, the new global leader in cybersecurity with established presence in Europe, the US and Abu Dhabi, have signed a partnership agreement focussing on providing operational support…