Saeed Hassan

Blog Info Bitcoinist.com
Blog website Link
Stats Has written 69 posts about cryptocurrency

Aug 02 2022

U.S. Binance Decides To Remove AMP Token As SEC Called It A Security

Aug 02 2022 Published at Bitcoinist.com under tags  amp ampusdt binance binance.us crypto news

The largest crypto exchange by trading volume, Binance, announced in its official blog post on Monday that its U.S subsidiary exchange would delist Flexa's AMP token "out of an abundance of caution." And this move will come into effect on August 15 as the platform is waiting for regulatory clarity. Since Binance U.S. published the announcement, AMP has been decreasing its value. At...

Aug 01 2022

How The SEC Uncovered A $300 Million Crypto Pyramid Scheme

According to a press release issued by the U.S. Securities and Exchange Commission (SEC) on August 1st, eleven people have been charged for their roles in creating and promoting Forsage, a fraudulent crypto pyramid and Ponzi scheme that brought up more than $300 million from millions of retail investors across the globe. The decentralized finance (DeFi) ecosystem and initial coin offerings (ICOs) have...

Restrictions On Cash Payments In Israel Prompt Shift To Digital Payments

In an effort to encourage Israelis away from using cash and towards paying digitally, Israel recently enacted a new regulation limiting the use of cash on August 1st. Starting in 2019, an Israeli company's cash transaction limit was 11,000 NIS ($3,200) per client. With this restriction on using cash transactions with clients, Israel continues its […]

Jul 27 2022

F1 Teams Remove Crypto Ads Following France’s Advertising Laws

Jul 27 2022 Published at Bitcoinist.com under tags  amf btcusdt cryptocurrency crypto news f1

RacingNews365's reported on July 26 that because of France's advertising laws, numerous Formula One teams were required to conceal or remove decals showing branding by...

Jul 23 2022

Sports Fans Ready To Move Beyond The Hype And Make NFT Investments: Survey Report

On July 23, the National Research Group (NRG) released research on the perceptions of non-fungible tokens among sports fans. The research findings...

Jul 21 2022

Gaming Tactics: Square Enix Unveils Their NFT Project While Minecraft Rejects NFTs

An NFT plan has been made public by Square Enix, a Japanese entertainment corporation and video game developer. However, Minecraft, a computer game owned by Microsoft,...

Jul 18 2022

Italy Approved Coinbase To Operate As Crypto Asset Service Provider

According to a blog post published on Monday, July 18, a major U.S. cryptocurrency exchange, Coinbase, has received authorization from Italian regulators to continue operating to Italian consumers....

Jul 16 2022

Cardano (ADA) Will Increase To $2.93 By 2025, Says Experts

Cardano ($ADA), the eighth largest currency, is expected to skyrocket to $2.93 by 2025 and $6.53 by 2030, as predicted by Finder's panel of fintech specialists. They also hope the coin will be worth $0.63 by the end...

Jul 15 2022

UK Filed Over 34,000 Crypto Scam Reports In Last 6 Years

Along with the rise in popularity of cryptocurrency trading worldwide, there has been a significant increase in the number of crypto scams or frauds. In the UK alone, there have been 34,305 allegations of criminal behavior involving cryptocurrencies since 2016. Cybercrime is now a widespread issue on a global scale. The amount of criminality involving cryptocurrencies peaked in 2021....

Jul 12 2022

Uniswap Fake Token Phishing Attack Results In $4.7 Million Loss

Attackers looted at least $4.7 million worth of Ethereum from cryptocurrency exchanges through a fraudulent token scam targeting liquidity providers (LPs) of the Uniswap v3 protocol (ETH). As of now, before an upcoming valid ad for a new coin is published, hackers trick people with similar-looking ads or listings where they can steal money without […]

Jul 09 2022

Twitter To Pursue Legal Battle After Musk Terminates $44 Billion Deal

Bret Taylor, the chairman of Twitter, announced that he intends to sue Elon Musk, founder and CEO of Tesla - one of the richest men in the world - in order to enforce the merger deal. Taylor stated in a tweet on July 8: The Twitter Board is committed to closing the transaction on the […]

Jul 07 2022

Crypto.com CEO Refutes Rumors Of Withdrawal Restrictions

As the ongoing crypto bloodbath has brought many crypto-oriented businesses on the verge of collapse, general sentiments are pointing toward Crypto.com as the next victim. While many other crypto businesses are making changes in their policies to prevent platforms from the drastic effects of the current macro-headwinds, rumors arose that the crypto exchange has imposed restrictions on withdrawals. However, as it should be,...

Jul 05 2022

Crypto Scammers Hacked British Army’s Social Accounts To Promote Frauds

On Sunday, hackers took control of the British Army's official social media accounts, using them to promote fraudulent NFT collections and crypto scams for more than four hours. Crypto scams and hacks have affected billions of individuals worldwide over the past several years, becoming increasingly commonplace everyday occurrences....

Jul 04 2022

Crypto Winter Makes Celsius To Cut Its Workforce By 25%

Current downtrends in crypto prices have forced many digital asset service providers to reduce their staff to survive in a time when low trading volumes have reduced revenue. Despite the market currently facing significant lows, industry leaders are speculating there is no light ahead, and the market will remain low for the whole of next year. Similarly, following the footstep of...

Jul 02 2022

Argentina Seizes 1,269 Crypto Wallets Tied To Delinquent Taxpayers

When it comes to cryptocurrency, the South American country Argentina from crypto adoption to regulations, has a long list of hot topics. As well as, according to a recent news report by local media, the tax office in Argentina has confiscated more than 1,200 cryptocurrency wallets that...

Jun 30 2022

Grayscale Investments Sues SEC Over Bitcoin ETF Denial

In response to the U.S. Securities and Exchange Commission's denial of a request to convert its Bitcoin trust into an exchange-traded fund, Grayscale Investments, the largest manager of digital currency assets globally, has filed a lawsuit against the SEC. Michael Sonnenshein, CEO at Grayscale Investments,...

Jun 29 2022

North Korea Retains Lead In Crypto Crimes, Over $1.5 B Stolen

Indeed, the crypto-space has become the favorite place for cybercriminals worldwide for some years, but some countries are more prolific than others. Similarly, continuous cyber-attacks on crypto-oriented businesses by North Korean hackers have set it at the top of the list of five leading countries in crypto crimes 2022, per the report of Coincub...

Jun 28 2022

Harmony Hacker Is Using Tornado Cash To Launder Stolen $100 Million

According to a PeckShield report, The Harmony attacker has already mixed more than $12 million through the protocol, and they're sending 100 ETH to Tornado Cash every six minutes. On Thursday morning, the proof of stake blockchain...

Jun 27 2022

Crypto Payment Channel Banxa Reduces Its Staff By 30% To Survive Crypto Winter

The cryptocurrency market has been facing a second bloodbath without any gap for the first time in history, disrupting the blockchain industry to a vast extent. Consequently, crypto-oriented businesses, including exchanges and payment channels, reduce their workforce due to decreased crypto trading volume affecting the revenue. Similarly, the Australian crypto payment channel, Banxa,...

Jun 26 2022

NHL Partners With NFT Marketplace Sweet To Bring Digital Collectibles To Fans

Jun 26 2022 Published at Bitcoinist.com under tags  nft nft marketplace sweet nfts nhl nhlaa

The National Hockey League (NHL) and the Sweet, a non-fungible token (NFT) platform announced a multi-year partnership deal on June 23. This will bring the NFT marketplace to the League. As per their statement, the NHL, NHLPA, and NHLAA officially designated Sweet as the Official NFT Digital...

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