The US Securities and Exchange Commission (SEC) has sued actress Lindsay Lohan, YouTuber Jake Paul, and six other celebrities for promoting cryptocurrencies on social media without disclosing that they were being paid to do so.

US SEC sues Lindsay Lohan, Jake Paul and others over deceitful crypto promotion and sales

In what experts say is the biggest crypto scam to date, thousands of people are believed to have lost their savings after investing in a cryptocurrency trading app called iEarn Bot.

Thousands conned in biggest crypto scam to date: Report

A former official of a Massachusetts town is facing charges for setting up a secret cryptocurrency mining operation in a remote crawl space at a school, police said on Friday (February 24).

US: Police discover crypto mining operation in school crawl space in Massachusetts

Bitfront, a United States cryptocurrency exchange sponsored by Japanese social media company Line Corp, announced it has ceased new sign-ups and credit card payments and would shut down operations in a few months, reported Reuters.

Bitfront, a US crypto exchange backed by Japanese firm, shuts down

Before it collapsed this month, FTX stood apart from many rivals in the largely unsupervised crypto industry by boasting it was the "most regulated" exchange on the planet and inviting closer scrutiny from authorities.

How FTX bought its way to become the 'most regulated' crypto exchange

One of the biggest and most influential companies in the cryptocurrency sector, FTX Group, announced on Friday that it had filed for bankruptcy in the US and that its CEO had quit.

Crypto collapse: 'Gold standard' FTX files for bankruptcy, CEO resigns

Major cryptocurrency platform Binance has announced that it is walking out of a non-binding deal to purchase failing rival FTX Trading, which has been hit by a liquidity crunch.

Crypto market crashes as Binance walks out of FTX deal, amid US govt probe

The US Department of Justice on Monday revealed it had seized $3.36 billion worth of Bitcoin last year from an individual who stole it from Silk Road (the now-defunct darknet website) in 2012.

$3 billion in Bitcoin seized by US Department of Justice in a decade old case

Hong Kong is shedding its sceptical stance on cryptocurrencies and plans to legalise retail trading in contrast to the ban in mainland China. It has planned a mandatory licencing programme for crypto platforms that would be enforced from March next year to allow retail trading, Bloomberg reported citing sources.

Hong Kong to legalise retail crypto trading, plans to become top digital assets' centre

Ever since the value of cryptocurrencies skyrocketed, there have been umpteen stories of how people lost access to Bitcoin and are unable to recover it. Recently, a TikToker who goes by the name @conspiracycubed revealed how he lost access to his Hotmail account, in which he had saved the details of his digital wallet to claim 100 Bitcoin that he bought in 2010.

Man can't access $1.8mn Bitcoin as he forgot security question answer 

In what looks to be the latest theft to affect digital assets, almost $100 million worth of Binance Coin was taken, further destabilising an already disastrous year for cryptocurrencies.

Binance-backed blockchain loses $100 million in latest crypto theft, says stolen money blocked

Financial messaging system SWIFT has laid out its blueprint for a global central bank digital currency (CBDC) network following an eight-month experiment on different technologies and currencies.

After a 8-month experiment, SWIFT lays out blueprint for central bank digital currency network

Do Kwon, who co-founded the business that created the cryptocurrencies Terra Luna and TerraUSD, is the subject of an arrest warrant issued by a South Korean court.

South Korea issues arrest warrant for Terra Luna founder on charges of 'cryptocrash'

Ethereum is currently the second most important blockchain in the world after Bitcoin and it is on the verge of going through a major transformation. Ethereum mining consumes more energy than the total consumption of many small countries but that can all change thanks to the latest update.

Explainer: How Ethereum Merge can cut crypto energy consumption by 99 per cent

According to new regulations introduced in response to fears that bitcoin and other cryptoassets are being used to get over limitations put in place in response to Russia's invasion of Ukraine, cryptocurrency exchanges must notify suspected sanctions breaches to the UK authorities.

Crypto for sanction evasion: Suspected breaches must be reported by Crypto exchanges in UK

Singapore is planning to restrict retail access to cryptocurrencies by planning to make it difficult for the public to buy cryptocurrencies. But the country is not talking straightaway imposing a ban on such trading activities.

Singapore planning to restrict retail access to cryptocurrencies amid a rise in trading

In pics - Major brands who accept cryptocurrencies as mode of payment

Bitcoin dropped below $20,000 on Saturday to its lowest level in 18 months, extending its slide as investors pull back from riskier assets amid rising interest rates.

Bitcoin drops below $20,000 to lowest since December 2020

Although cryptocurrencies and NFTs have witnessed immense growth in recent years, several people are still not fans of these new technology-based properties. Microsoft co-founder Bill Gates is among this lot.

Microsoft co-founder Bill Gates not a fan of cryptocurrencies and NFTs, prefers old investment options

Coinbase Global Inc becomes the latest company preparing to ride out a downturn in the crypto sphere as it intends to cut about 1,100 jobs or 18 per cent of its workforce, the cryptocurrency exchange said on Tuesday.

Coinbase to lay off 18 per cent of its workforce as crypto winter sets in

A network of cyber-criminals is hijacking YouTube accounts and streaming fake Elon Musk videos to promote bogus cryptocurrency giveaways. These videos are being mass viewed.

Cybercriminals stream fake Elon Musk videos on YouTube to promote bogus cryptocurrency giveaways

Dramatic fall in the value of TerraUSD, one of the largest stablecoins in the world sent shockwaves through cryptocurrency markets on Thursday. The movement pushed Tether (another major stablecoin) below dollar.

Cryptocurrencies collapse, stablecoin Tether slumps against dollar

In the US, Gucci, the luxury brand of Italy, will start accepting payments carried out in cryptocurrencies in some stores, said media reports. The payments will be allowed in some cryptocurrencies like Bitcoin, Ethereum and Litecoin, a BBC report said.

In some US stores, Gucci to accept payments in cryptocurrencies soon

Bored Ape non-fungible token (NFT) company on Sunday raised approximately $285 million of cryptocurrency in a virtual land sale after facing a massive hack. NFTs are a type of digital asset which buyers purchase through cryptocurrencies but no physical pieces of art exchange hands in these transactions.

Bored Ape NFT company raises around $285 million of crypto after facing massive hack

cryptocurrencies

Cryptocurrencies, News on Cryptocurrencies, stories on Cryptocurrencies, articles on Cryptocurrencies, Cryptocurrencies stories at Wion, Cryptocurrencies news, Cryptocurrencies latest news