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Published: August 20, 2024   |   Last Updated: August 20, 2024
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December 22, 2023

Wallet Drainer Loots $58,000,000 Using Google and X: Report

A “wallet drainer” has been linked to extensive crypto theft, totaling $58 million stolen from over 63,210 victims over the past nine months. The phishing kit was first detected in March 2023 and has shown up repeatedly in phishing ads on Google search and X ads using clever tactics to bypass ad platform safeguards. Wallet......

December 21, 2023

Coinbase Gains French Crypto License Amid U.S. Regulatory Rift

Cryptocurrency exchange Coinbase gained regulatory approval this week to provide digital asset services in France. According to the latest report from CNBC, the exchange has secured a virtual asset service provider (VASP) license from national regulators. The registration comes as the company faces an increasingly fraught oversight battle in its home U.S. market. The contrast......

December 21, 2023

Circle Gets Conditional Green Light for Crypto Operations in France

Stablecoin issuer Circle announced on Thursday that it has secured conditional registration from France's financial regulator to provide digital asset services in the country. The authorization represents a stepping stone to full licensing once Circle obtains separate electronic money institution approval. It is a part of the firm's broader push for EU-wide oversight. Received conditional......

December 21, 2023

🥛 We looked inside a few $10M+ crypto wallets 🤑

Today’s edition is brought to you by Uniswap — the largest onchain marketplace for digital assets — and now Android and iOS users have the power of Uniswap in their pocket.Download the Uniswap mobile app today!GM. This is Milk Road, the newsletter that makes understanding crypto easier than assembling IKEA furniture. Here’s what we got for you......

December 21, 2023

Worldcoin Halts Signups In These Three Countries: Here’s Why

Sam Altman's Worldcoin quietly suspended its biometric signup program in India, Brazil, and France. The halt happened several months ago after overwhelming demand for free token signups snarled operations in India, multiple sources told Moneycontrol. The shutdown aimed to address surging interest that created crowd control headaches and forced police interventions at Orb locations, according......

December 21, 2023

YouTube Under Fire For Refusing to Remove Ripple (XRP) Scam

YouTube is facing criticism after allowing a fraudulent Ripple (XRP) giveaway video to remain active for over a month, despite multiple user complaints arguing it violates platform policies. The video promotes a fake Ripple doubler scam, falsely claiming users can double their XRP holdings by sending funds to an associated wallet address. However, when users......

December 21, 2023

Court Freezes $1 Billion in Assets of Three Arrows Capital Founders

Liquidators have obtained court orders freezing up to $1.14 billion in assets connected to the founders of failed cryptocurrency hedge fund Three Arrows Capital (3AC), according to Bloomberg.  The restraint from the British Virgin Islands court aims to recover creditor losses from Three Arrows’ summer implosion during broader crypto market turmoil. The order also prevents......

December 20, 2023

Metal X Review 2026

Our Take On Metal X THE BOTTOM LINE: Metal X is a selection of decentralized financial, crypto-based services running on the XPR Network. Built by Metallicus, the company behind the network itself, Metal Pay, and WebAuth Wallet, Metal X integrates seamlessly with the WebAuth Wallet and offers a number of financial services. This includes token......

December 20, 2023

SEC Meets Grayscale Again on Spot Bitcoin ETF Discussion

The Securities and Exchange Commission (SEC) is ramping up discussions around the hot topic of spot Bitcoin ETFs with its recent meeting with Grayscale. The commission has been meeting separately this week with both BlackRock and Grayscale about prospective proposals. The SEC met with BlackRock and Grayscale this week. Part of 25 total ETF applicant......