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Consumer complaints about cryptocurrency on the rise amid crypto recession, data shows

Consumer complaints about cryptocurrencies are on the rise as the industry stagnates, data shows

Consumer complaints about cryptocurrencies have risen during increased market volatility over the past two years, affecting not only cryptocurrency exchanges but also traditional financial institutions such as JPMorgan Chase & Co. and Wells Fargo & Co. The Consumer Financial Protection Bureau, under a presidential order to increase efforts to monitor consumer complaints and “enforce against …

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Encryption Has a Desktop Problem - This Is How We Fix It

Encryption Has a Desktop Problem – This Is How We Fix It

HodlX another guest send your message More than five billion people are online – 21% of them They say they invested in cryptocurrency – And they are quickly switching to smartphones to replace their desktop counterparts. However, despite how common and obvious how important mobile devices are, many Web 3.0 DApps and websites have failed …

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US Lawmakers Introduce Bill Allowing Crypto Investments in 401(k) Retirement Plans

US Lawmakers Present Bill Allowing Crypto Investments in 401(k) Retirement Plans – Bitcoin News Regulatory

Several US lawmakers have introduced the Retirement Savings Modernization Act to provide 401(k) savers with access to a wide range of investments, including crypto assets. “With inflation at record levels, a slump in the stock market, and a potential recession looming, many Americans are rightly concerned about their financial futures,” said US Senator Pat Toomey. …

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US issues order to freeze cryptocurrency exchanges in pig slaughter scam campaign - Bitcoin News Regulatory

US issues order to freeze cryptocurrency exchanges in pig slaughter scam campaign – Bitcoin News Regulatory

The Delaware Department of Justice’s Investor Protection Unit has issued a cease and desist order against 23 entities and individuals involved in a common cryptocurrency scam known as “pig slaughter.” The order also freezes accounts that allegedly contain the victims’ cryptocurrency. Delaware cracks down on pig slaughter crypto scam The US Attorney for the State …

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With the price crash, many cryptocurrency holders have stopped looking at their accounts.  The scammers didn't

With the price crash, many cryptocurrency holders have stopped looking at their accounts. The scammers didn’t

As the Crypto Winter approaches, and holders of dwindling funds are grieving to spend less time opening their digital wallets, a new type of scam has emerged: cryptocurrency exchanges. Cybercriminals can take over the underutilized exchange or wallet accounts and use them to transfer the stolen funds to private wallets. According to cybersecurity company Sift, …

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The Southern Quran Court sentenced a crypto fraudster to 5 years in prison

The Southern Quran Court sentenced a crypto fraudster to 5 years in prison

Neither the author, Tim Fries, nor this site, the token, provide financial advice. Please refer to our website policy before making financial decisions. according to local portA South Korean court has sentenced a 33-year-old man, known only as “Han”, to 5 years in prison. Han was also fined the equivalent of $700,000 for defrauding investors …

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Chamath Palihapitiya allocates $3 billion to a new fund that's minuscule on cryptocurrency

Chamath Palihapitiya allocates $3 billion to a new fund that’s minuscule on cryptocurrency

The expected $3 billion fundraising comes after the venture capital firm, Social Capital, was largely closed to outside investors for nearly four years. Up to 70% of the new car capital is allocated to the top 10 centers In an unexpected move to start accepting outside capital again, Chamath Palihapitiya is seeking to raise at …

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Crypto in your 401(k)?  Grace period for cryptocurrency exchange?  There are bills for that.

Crypto in your 401(k)? Grace period for cryptocurrency exchange? There are bills for that.

Editor’s Note: With so much market volatility out there, stay tuned for the daily news! Immerse yourself in minutes with our quick summary of today’s news and must-read expert opinions. Register here! (Kitco News) – Cryptocurrency-related legislative activity is on the rise in the United States as global pressure continues to intensify to create a …

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