Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.Investors continue to pile into the $SCORP presale as they look to take advantage of the ecosystem that maximizes passive income opportunities for token holders.The presale has raised over $1 million in fundraising primarily due to its…

A crypto whale has reportedly fallen victim to a staggering $4.46 million phishing scam. The unidentified crypto holder transferred approximately $4.46 million worth of Tether (USDT) from a Kraken crypto exchange wallet to an address ending in “ACa7,” as per data from Etherscan.Blockchain security firm PeckShield has identified the destination address…

New Chinese “Super SIM” cards will function as digital yuan wallets, smartcards, and ID cards as the nation’s CBDC pilot continues.Chinese mobile operators such as China Mobile have been working on so-called “Super SIM” offerings since 2016.They have added a range of functionality to the cards in the years since.But…

Australia’s regulatory body, the Australian Securities and Investments Commission (ASIC), has initiated legal proceedings against Bit Trade Pty Ltd, the provider of the Kraken cryptocurrency exchange for Australian users, for breaching design and distribution obligations related to its margin trading product.ASIC Deputy Chair Sarah Court said, “These proceedings should send a…

Following a major security breach that compromised $70 million in crypto assets last week, Hong Kong-based exchange CoinEx has begun gradually resuming withdrawals and deposits on its platform.CoinEx anticipates the complete restoration of its wallet system by tomorrow, September 21.With CoinEx starting to restore services after the hack, what is…

In the first half of 2023, global debt increased by $10 trillion, reigniting concerns about its impact on the world economy and the potential for a financial crisis, according to data released by the Institute of International Finance (IIF) on Tuesday. The report disclosed that the overall debt has climbed to…

Most citizens in Western Russia say they do not want to get paid in digital rubles, dealing a further blow to the Central Bank’s CBDC plans.Per the media outlet Lipetsk News, the recruitment agency HH conducted a digital ruble-themed survey of job seekers in the key Lipetsk Oblast in Western…

Freatic, a decentralized information exchange protocol built by a team of developers, has secured $3.6 million from a trove of investors. The project, as revealed by the development team, has emerged from stealth mode and is gearing up for its public launch. Leading this investment round is the prominent crypto investment…

The next generation of Microsoft hardware products might include better support for crypto wallets, a report by Axios suggested on Monday.According to Axios, detailed documents detailing Microsoft’s plans were just released as part of Microsoft’s ongoing lawsuit with the US Federal Trade Commission, who are attempting to block the tech…

None Trading, a trading tool catering to cryptocurrencies and non-fungible tokens on Discord will close its doors to customers.The company attributed this decision to a security exploit in an official statement posted on X (formerly Twitter) on September 20. None Trading revealed that this security breach resulted in a substantial loss…