UK National Crime Agency to Develop a Dedicated Crypto Team | Curated CoinCodeCap #5 January 2023
Crypto Regulation, DAO Wars, DeFi Sagas, Bitcoin Supremacy, and Digital Avatars, all here with market updates and a meme.
While Bitcoin paves the path for crypto mass adoption, Ethereum becomes the sword of Keyboard warriors. Here’s what happened to the market yesterday:
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SEC charges 8 people linked with CoinDeal for Alleged $45M fraud
Eight individuals associated with the cryptocurrency scheme CoinDeal have reportedly been charged, according to a press release from the U.S. Securities and Exchange Commission dated January 4. According to the SEC’s complaint, Neil Chandran, the creator of CoinDeal, orchestrated a fraudulent cryptocurrency investment scheme with the assistance of other people and organizations.
The culprits of CoinDeal offered unregistered securities to investors and made approximately $45 million. They stated that CoinDeal’s blockchain technology would be sold to wealthy customers for trillions of dollars and made high-return promises. Keep Reading »
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LastPass data breach results in the theft of $53K
Due to a data breach that occurred in August 2022, a class-action lawsuit has been brought against the password management service LastPass.
On January 3, a plaintiff, solely known as “John Doe,” filed the class action with the United States District Court for the District of Massachusetts on behalf of every other person involved in a situation that is comparable to theirs. It asserts that LastPass suffered a data breach that resulted in the loss of Bitcoin worth roughly $53,000. Keep Reading »
Feds Assemble FTX Task Force to Retrieve Lost Customer Funds
In response to founder Sam Bankman-not Fried’s guilty plea, the Feds established an FTX task team to find misplaced customer assets.
The working group was put in place to safeguard people who suffered losses as a result of the disintegration of the platform, and it was legally coordinated by the Manhattan U.S. Attorney’s Office. Keep Reading »
UK National Crime Agency to Develop a Dedicated Crypto Team
The National Cyber Crime Section (NCCU), a cyber-focused command of the National Crime Agency (NCA) in the United Kingdom, is prepared to introduce a special crypto unit tasked with preemptively looking into cybercrime incidents in the U.K. including the use of cryptocurrencies. This action aims to focus more on crypto crimes and deter illicit activity.
Director of NCA infrastructure investigations Chris Lewis-Evans stated that the chance involved “working in a team at the forefront of defending the U.K. from cyber crime” and that it was “very exciting“. Keep Reading »
UK Enforces Crypto Tax Break for Foreign Residents Using Local Investment Managers
Starting on Sunday, the United Kingdom will impose a tax exemption on overseas investors who buy cryptocurrency through regional investment managers or brokers.
Prime Minister Rishi Sunak’s intentions to make the U.K. a center for cryptocurrency reflect the tax exemption, which was revealed in December. Keep Reading »
NFT Weekly Market Update (Dec 13th – Dec 19th)
We saw the highest of Number of Sales on 19th December which was 16.2K. And the Lowest of number of sales was recorded on 18th December which was 11.4K. This Metric showed an overall Increase.
Market Updates
GAL Price Analysis December 2022
GAL is a token of the platform Galxe. Its current price is around $1.02 at the time of writing, with a low of $0.996, and it has a market cap of 55 million dollars. Keep Reading »
REQ Price Analysis January 2023
REQ is a token of platform Request. Its current price is around $0.08851 at the time of writing, with a low of $0.06906, and it has a market cap of 85 million dollars. Keep Reading »
DREP Price Analysis January 2023
DREP is a token of the platform Drep. Its current price is around $0.3297 at the time of writing, with a low of $0.2257, and it has a market cap of 16 million dollars. Keep Reading »
COCOS Price Analysis January 2023
COCOS is a token of the platform Cocos-BCX. Its current price is around $0.355 at the time of writing, with a low of $0.4425, and it has a market cap of 35 million dollars. Keep Reading »
Top 5 Crypto to Buy after FTX Crash: TRX, MATIC, IMPT, APE, and ADA
FTX filed for Chapter 11 bankruptcy on November 11, and its implosion created a ripple effect across the crypto industry. The crash of FTX has had a major impact on the crypto market and exchanges that use it. Keep Reading »
Top 3 Crypto to Buy In December 2022: BNB, MATIC, and XRP
This article predicts the top 3 cryptocurrencies with the best value in December 2022. To predict the potential of these cryptocurrencies, we need to look at their current performance and what they are doing to ensure their future success. Keep Reading »
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