Author: CryptoHoppers

India’s Enforcement Directorate (ED) has cracked down on a cryptocurrency fraud ring targeting a foreign national. The accused persuaded the victim to transfer $400,000 to a cryptocurrency account set up using unauthorized remote access. The ED seized digital evidence, froze fixed deposits, and confiscated jewelry connected to the case. The investigation is still ongoing. ED […] Source link

The COTI treasury is an integral part of the COTI ecosystem, and crypto investors are eager to participate in it. The top management of the COTI ecosystem feels that the time has come to update the Treasury fee model. All gCOTI holders will be given a unique opportunity to vote on whether the new proposal needs to be executed or not. COTI holders will receive APY rewards on treasury deposits as a result of actions taken within the COTI treasury demand fees. The new Treasury model’s fees are comparatively lower, and the deposit fees are low for starters. A single…

Share this article Bakkt is considering strategic options, including a potential sale or breakup, according to an initial report from Bloomberg citing persons familiar with the matter. The move comes amid a surge in takeover activity within the cryptocurrency sector.The sources, who asked to remain anonymous due to the confidential nature of the matter, revealed that Bakkt has been working with a financial advisor to evaluate its options. However, no final decision has been made, and the company may choose to remain independent.Bakkt was launched in 2018 by Intercontinental Exchange, which owns several major futures markets and the NYSE. The…

Overview OpenSea: Can Art Change the War?Contract: EtherscanGross Revenue: ~$330k (100% profit to Ukraine) Project Summary “Can Art Change the War?” is a powerful charitable project developed in collaboration with JR, a renowned French photographic artist. The initiative coincided with JR’s feature on the cover of Time Magazine in April 2022. This project was designed to support Ukraine, raising substantial funds entirely through NFT sales and donations. Funding and Contributions: Platform: Ethereum Purchase Methods: Both Ethereum and fiat currency were accepted, with fiat purchasers receiving an airdropped NFT from the collection. Technical Details: NFTCulture’s Role: Provided a complete end-to-end technology…

A joint research effort by Korean regulators — the Financial Supervisory Service (FSS) and Korea Financial Intelligence Unit (FIU) — has revealed that seven out of 10 cryptocurrency exchanges in South Korea failed to fully return investors’ money after ceasing operations. “And even if they did, just one or two employees were tasked with giving […] Source link

Want to know what are the best coins to invest for beginners? Read our guide to reputable cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and more. Dipping your toes into cryptocurrency can feel overwhelming, especially with so many options out there. However, experts suggest that starting with well-established and reputable digital assets can make the process smoother.  To help you get started, we have compiled a beginner-friendly guide highlighting five of the best cryptocurrencies for beginners to invest in, considering their stability, market value, and potential for growth. Bitcoin (BTC) Bitcoin is the oldest and most valuable cryptocurrency on the market,…

Transak is a developer integration toolkit that simplifies the process of onboarding users into the world of decentralized applications (dApps). By enabling seamless fiat-to-crypto conversions directly within dApps, Transak eliminates the technical barriers and complexities associated with traditional onboarding processes. Transak empowers dApp developers to create frictionless user experiences by handling the intricacies of KYC regulations, compliance, fiat payment methods, and crypto coverage. With support for a wide range of fiat currencies and payment options, Transak ensures that users from diverse geographical regions can easily participate in the decentralized economy. The Problem Cryptocurrency is now bigger than ever before. While…

OpenSea: SOURCE [On NFTs] by Robert AliceContracts: Project Summary “SOURCE [On NFTs]” by Robert Alice is a pioneering fully in-chain generative art NFT project. Created as a companion to the Taschen book OnNFTs, this collection marks a significant milestone in the NFT space, being the first generative art collection launched on Christie’s 3.0 NFT platform. Innovative Aspects: Generative Art: Entirely on-chain, utilizing p5.js via the Scripty.sol encoding system, allowing for intricate and fully autonomous generative art. Christie’s 3.0: The project debuted on Christie’s 3.0, highlighting the convergence of traditional art institutions with cutting-edge blockchain technology. Technical Details: On-Chain Encoding: Leveraged…

Worldcoin, the biometric proof-of-personhood identification protocol, has agreed to temporarily stop its operations in Spain. According to statements from the Spanish privacy watchdog AEPD, the company committed to stop its data collection practices for a year or until Baviera’s privacy regulator finishes its investigation into Worldcoin’s inner workings. Worldcoin to Pause Biometric Data Collection Activities […] Source link

Backed by major financial institutions like Blackrock and Citadel Securities, TXSE Group Inc. has announced its plan to launch the Texas Stock Exchange (TXSE) in Dallas. This new exchange will provide a platform to trade and list public companies and exchange-traded products. With a capital raise of approximately $120 million, TXSE stated that it is […] Source link