Guardian

Vietnam police bust crypto scam ring linked to offshore actors

Vietnamese police arrest five individuals linked to a crypto scam network, unraveling an offshore-led operation targeting unsuspecting victims.

Phishing scams plague crypto with $46M loss in September, $126M in Q3

Phishing attacks continue to cause significant losses for crypto users, with over 10,000 victims losing over $46 million to these scams in September, according to Scam Sniffer, a Web3 anti-scam platform. According to the firm, 10,805 victims lost $46.7 million in various crypto phishing scams last month.

From $37B to $24.5B: DAO Treasuries Experience Significant Downturn

In October 2024, the latest data shows that decentralized autonomous organizations (DAOs) hold $24.5 billion in treasuries, down by $12.6 billion since the end of March. Optimism’s DAO, which boasted $8.3 billion on Mar. 24, has seen its treasury shrink to $3.8 billion, making it the largest DAO treasury despite the decline.

Japan’s new Minister hints at crypto tax reform to boost blockchain growth

Japan’s new Digital Transformation Minister signals potential crypto tax reform, highlighting the nation’s evolving approach to blockchain and driving crypto growth in Asia.

DarkIRC Anonymous Chat Aims to Counter ‘Brutal Censorship of Crypto Devs’

The new anonymous messaging platform from DarkFi bills itself as a highly secure channel for private communication.

SEC Claims Lejilex’s Lawsuit Seeks to “Redefine Crypto as Non-Security”

Lejilex states it will facilitate crypto transactions, not sell securities, and accuses the SEC of overreach.

Crypto Exchange Market Share Shifts as Binance Loses Ground to Crypto.com

The world’s leading crypto exchange, Binance, has seen its market share dwindle over the past few years according to recent research.

In 2022, Maxine Waters Wanted To Subpoena Sam Bankman Fried—Now She Thinks Crypto Is ‘Inevitable’

U.S. Congresswoman Maxine Waters (D-Calif.), Chairwoman of the House Financial Services Committee, has been one of the most vocal critics of the crypto industry over the past few years.