UK government minister Lucy Powell’s X (formerly Twitter) account was hacked to promote a fraudulent cryptocurrency named “$HCC” (House of Commons Coin). A series of now-deleted posts from the account — which belongs to the Leader of the House of Commons and has nearly 70,000 followers — described the token as a “community-driven digital currency […]
More than £5 million was lost by residents of Suffolk County due to investment fraud in 2024, according to new police data. Suffolk Police reported that figures from Action Fraud show a rise in cryptocurrency-related scams in the region. People aged 35–44 were most frequently targeted, while those aged 55–64 suffered the largest financial losses. […]
On April 7, Bitcoin fell sharply by nearly 7%, hitting a three-week low of $77,077. The drop came just days after former U.S. President Donald Trump announced sweeping import tariffs, sparking fears of a new trade war and a global economic slowdown. Earlier last week, the crypto market had shown some resilience — with traders […]
Cybersecurity experts warn about the emergence of a new powerful mobile banking malware called Crocodilus, which targets Android devices, stealing sensitive crypto wallet credentials using social engineering tactics. How Does Crocodilus Work? Research by Threat Fabric has revealed that Crocodilus is distributed through a specialized dropper that bypasses Android 13+ restrictions. “Despite being new, it […]
The roar of the Zambezi River is deafening as millions of gallons of water crash over rocks and rush down rapids. But another sound cuts through the trees of the Zambian bush – the high-pitched hum of a Bitcoin mine. “It’s the sound of money!” says Philip Walton, smiling as he observes a shipping container […]
Donald Trump’s media empire is expanding its presence in financial markets, aiming to offer investors exchange-traded funds (ETFs) focused on cryptocurrencies. Partnership With Crypto.com Trump Media & Technology Group (TMTG), which owns the Truth Social platform, has signed a preliminary agreement to partner with Crypto.com. As part of this collaboration, the companies plan to launch […]
Indian authorities have arrested a cryptocurrency exchange administrator wanted by the US on charges of money laundering and sanctions violations. Who Was Arrested? The detained individual is Aleksej Besciokov, a Lithuanian citizen and Russian resident. He was an administrator of the cryptocurrency exchange Garantex, one of the largest Russian platforms for digital asset trading. The […]
The cryptocurrency market responded sharply to Donald Trump’s recent announcement, in which he named five digital assets that he believes should be included in a U.S. Strategic Crypto Reserve. The list includes Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA). Following the announcement, the prices of these cryptocurrencies skyrocketed. Trump’s Crypto Policy Shift […]
The U.S. Securities and Exchange Commission (SEC) has reached an agreement to dismiss its lawsuit against the cryptocurrency exchange Coinbase. However, the final decision depends on the regulator’s vote, which is expected next week. Coinbase CEO Brian Armstrong called this development “hugely vindicating.” In a tweet, Armstrong criticized the SEC’s actions, accusing the regulator of […]
The European Central Bank (ECB) is expanding its efforts to develop a blockchain-based payment system, a move that could lead to the issuance of a digital euro—an official central bank digital currency (CBDC). Two Phases of the Digital Payment System Implementation The project to establish a new digital payment infrastructure will be implemented in two […]
