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A group of EthereumMax investors have accused Kim Kardashian, Floyd Mayweather, and Paul Pierce for promoting a cryptocurrency that fell by 98 percent causing losses. An investigation has been initiated into the case.
In Pakistan, a crypto exchange company Binance Pakistan lured locals to invest in crypto currency, scamming them for a massive fraud worth $100 million.
In Pakistan, a crypto exchange company Binance Pakistan lured locals to invest in crypto currency, scamming them for a massive fraud worth $100 million.
Earlier in December, a bug crept into Polygon’s network’s Proof-of-Stake (PoS) Genesis contract, making it vulnerable to cyber risks. The issue was spotted by whitehat hackers after which the Polygon foundation deployed fixes.
Promoting cryptocurrencies unknown by the government, some of which could be scam traps, has now been rendered a punishable offense in the UAE. The change comes as part of reformed cyber laws in the country, focused on reducing financial crimes.