Police in Canada revealed they had conducted an investigation using blockchain surveillance software Chainalysis Reactor to combat crypto crime. The police discussed the situation with Sergeant Kevin Talbot of the Lethbridge Police Service (LPS) Economic Crimes Unit. Talbot has been trained in blockchain analysis, which is considered a significant advance for a smaller force like […]
The XRP community is abuzz as Ripple’s network achieves a significant milestone, but what does this mean for its price? Let’s dive in. Summary: The XRP Ledger has recently witnessed a remarkable surge, boasting nearly 5 million accounts and approximately 60 billion XRP tokens held within these accounts. Despite this growth, it’s important to note […]
JPMorgan in its latest research revealed that the Bitcoin (BTC) mining industry is at a difficult time. This is due to several factors that can burden the Bitcoin mining industry. One of them is the approval of a Bitcoin ETF that could catalyze a rally against the backdrop of record hashrate and block reward halving […]
One of the customers of the FTX crypto exchange, Lee Rees, revealed that he was still affected by the bankruptcy of FTX. When FTX collapsed last year, Rees lost USD 100,000 or the equivalent of IDR 1.5 billion (assuming an exchange rate of IDR 15,661 per US dollar), this is half his annual income. Prosecutors […]
A report released by crypto intelligence company Messari on Thursday, October 5, 2023 shows a continued downward trend in crypto industry funding. This is as the industry faces regulatory uncertainty in the United States (US) and the opening of the criminal trial of FTX founder and former CEO Sam Bankman-Fried, as quoted from the Investopedia […]
Blockchain security firm ImmuneFi reported the number of crypto hacking incidents jumped 153 percent in the third quarter compared to 2022, with the number of incidents jumping to 76 from just 30 in the same period last year. Losses due to hacking and fraud increased to more than USD 685 million or equivalent to IDR […]
Indonesian YouTuber, Bro Omen, who has around 1.5 million subscribers, had to sell his YouTube account due to losses from crypto fraud. Not only that, Bro Omen also admitted that he had mortgaged his house for IDR 5 billion for crypto investment capital. In total, Omen spent up to IDR 10 billion in capital in […]
The former boss of crypto company Terra Labs, Do Kwon, admitted to falsifying trading volumes, according to court documents from the US Securities and Exchange Commission (SEC). An SEC filing on Sept. 22 shows a text message exchange between Do Kwon and Daniel Chin, the founder of payment app Chai, in which Do Kwon told […]
Rich Dad Poor Dad author Robert Kiyosaki has warned of the risk of the United States (US) central bank or the Federal Reserve (the Fed) launching a central bank digital currency (CBDC). In a post on platform X, formerly known as Twitter, Robert Kiyosaki said that the Fed’s central bank digital money is coming. When […]
Rich Dad Poor Dad author Robert Kiyosaki has urged all investors to buy gold, silver and bitcoin before the stock, bond and real estate markets crash and people rush to buy all three assets. Rich Dad Poor Dad is a 1997 book co-written by Kiyosaki and Sharon Lechter. It has been on the New York […]