CryptoNews

‘Quick-Money’ Nigerian Crypto Platform’s Withdrawal Plan Met With Suspicion

The troubled Nigerian digital asset platform Crypto Bridge Exchange (CBEX) recently announced new withdrawal options in an effort to restore investor confidence. Sources revealed that the company made this announcement after facing claims of collapse. Under the new rules, investors with up to $1,000 in the platform must pay a $100 fee to withdraw 50% of their initial funds, which are expected to…
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CryptoNews

Crypto Scams Soar in Nebraska as Romance Ruses Drain Savings

Crypto romance scams are surging in Nebraska, wiping out life savings through fake investments, phony documents, and manipulative online relationships. Nebraska Issues Crypto Scam Alert After Victims Lose Savings in Romance Investment Hoax Nebraska Attorney General Mike Hilgers issued a consumer warning last week following an alarming rise in cryptocurrency scams across the state, many of which…
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CryptoNews

Ripple's $5B Bid to Acquire Circle Gets Rejected: Report

Ripple has reportedly made a strategic acquisition attempt targeting competitor Circle Internet Group, offering between $4 billion and $5 billion. However, insiders revealed the offer was dismissed for undervaluing Circle. Despite Ripple’s continued interest, a follow-up…
CryptoNews

Worldcoin U.S. Launch: Orb Scans Live, No WLD Tokens

World, formerly Worldcoin, announced its expansion into the United States, launching operations in six major cities: San Francisco, Los Angeles, Atlanta, Austin, Miami, and Nashville. The initiative, led by Tools for Humanity and co-founded by Sam Altman, opened flagship retail locations where individuals can scan their irises using Orb devices to create a World ID, a digital passport for…
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CryptoNews

Nike Faces $5M Class Action Lawsuit Over RTFKT NFT Collapse

Nike is facing a class action lawsuit after abruptly shutting down its crypto-centric subsidiary, RTFKT, a move that allegedly left investors with heavy losses tied to Nike-themed NFTs and digital assets. The lawsuit, filed in the Eastern District of New York, is led by…
CryptoNews

Sofi Plans Major Crypto Comeback After Regulatory Breakthrough

Sofi is storming back into crypto with full force, leveraging a pivotal regulatory shift to embed digital assets across its financial ecosystem. Noto explained that a change in regulatory guidance from the Office of the Comptroller of the Currency (OCC) has opened the door for Sofi’s return to digital assets, following its forced withdrawal in 2023 during its transition to a fully regulated…
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