• Binance anti-crypto crime alliance
    Cryptocurrencies

    Fed up with scams and hacks, Binance launches industry-wide alliance against crypto crime

    Binance, one of the world’s biggest exchanges, believes closer collaboration between exchanges, analytics firms, and cybersecurity experts can help reduce thefts and abuses

    In time, it is hoped that members of the alliance will be able to share and access real-time intelligence on hacks, scams and other malicious activity in private—meaning sensitive information concerning users and businesses doesn’t need to be shared with rivals. It’s hoped that there will be a better chance of safeguarding funds as a result.

  • Ripple controversy
    Ripple,  XRP

    What’s up with Ripple?

    The international financial transactions business has been up and running for years, yet it still gets a lot of flak for its influence over the third-largest cryptocurrency, XRP

    Ripple has the distinction of being one of the largest companies in the cryptocurrency and blockchain business that is up and running and working with hundreds of customers, including a couple of major banks. Yet for all those achievements, it is among the most controversial companies in DeFi, with a host of critics.

  • Ryanair boss attacks Bitcoin
    Bitcoin

    Brash airline CEO dubs Bitcoin a ‘Ponzi scheme’ after his image is used in crypto scam ads

    Telling people to avoid crypto ‘like the plague,’ outspoken Irishman Michael O’Leary said: ‘I have never, and would never, invest one cent in Bitcoin’

    A photograph of the sweary CEO has been doing the rounds in advertisements featured on an array of popular websites. The bogus campaign claims he told viewers on a popular late-night television show that he was making “tens of thousands of euro a day” thanks to an investment scheme called Bitcoin Lifestyle.

  • Wozniak sues YouTube
    Bitcoin

    Wozniak lawsuit tells YouTube: Be more like Twitter on bitcoin giveaway scams

    Citing Twitter’s fast response to a huge and humiliating hack the Apple co-founder accused YouTube of deliberately allowing the fraudulent ads to remain online for profit

    Noting Twitter’s rapid response to the high-profile June 15 hack of 130 accounts of celebrities, tech leaders, and politicians, Wozniak announced on July 23 he was suing YouTube over its failure to police these fraudulent ads.