Blockchain - Page 63 Of 72

Blockchain

Genesis Concludes Bankruptcy with $4 Billion Creditor Payout

August 3, 2024 Paulo

Genesis Global has begun disbursing $4 billion in creditor payouts following its restructuring, with varying recovery rates across different crypto assets.

Ben Armstrong, known as BitBoy Crypto, at a crypto event

Ben ‘BitBoy’ Armstrong’s Former Company Subpoenaed in CFTC Fraud Probe

August 3, 2024 Paulo

The CFTC has subpoenaed Hit Network, a former company of Ben Armstrong , amid a fraud investigation involving 15 cryptocurrencies, including memecoin BEN.

Indian Enforcement Directorate officers investigating a crypto scam

India’s Enforcement Directorate Cracks Down on $890K Emoillent Crypto Scam

August 2, 2024 Paulo

India’s Enforcement Directorate targets Emoillent Coin founders, uncovering a crypto scam that deceived 2,508 investors, stealing approximately $890K.

Bitcoin symbol with Federal Reserve in the background, indicating potential rate cut impact.

Fed’s Lean Toward September Rate Cut Bullish for Bitcoin

August 1, 2024 Paulo

Fed’s likely rate cut in September looks bullish for Bitcoin, signaling increased market liquidity and investor confidence, according to QCP Capital.

Bank of England building with Bitcoin symbol

Bank of England Announces 0.25% Rate Cut

August 1, 2024 Paulo

The Bank of England’s 0.25% interest rate cut to 5% could trigger a Bitcoin breakout. Easing monetary policy has historically boosted risk-on assets.

Crypto Hackers Stole $266M in July Across 16 Breaches: PeckShield

August 1, 2024 Paulo

The crypto sector faced significant losses in July as hackers stole approximately $266 million through 16 separate breaches, with WazirX being the hardest hit.

Blockchain visualization showing Sui and Cetus recovery efforts after May 2025 crypto hack

India’s Web3 Association Bolsters Cybersecurity Efforts After $230 Million WazirX Hack

July 31, 2024 Paulo

In response to the recent $230 million WazirX hack, India’s Web3 Association is enhancing cybersecurity and consumer protection within the crypto industry.