Two citizens, Chan Wing-yan and Herbert Lee Sun-him, have filed the first civil lawsuit against the cryptocurrency platform JPEX, seeking to recover approximately 240,000 units of tether, worth about HK$1.85 million. This marks the first civil lawsuit since the alleged fraud was uncovered nine months ago. The plaintiffs allege unauthorized transfers of their funds shortly […] Source: https://news.bitcoin.com/first-civil-lawsuit-filed-against-crypto-platform-jpex-for-alleged-fraud/
Cryptocurrency scammers recently hijacked the official Microsoft India X account, which boasts over 211,000 followers, to impersonate Roaring Kitty, the pseudonym of well-known meme stock trader Keith Gill. Microsoft India’s X account, marked with a gold check indicating official verification, added credibility to the fraudulent posts. The hijacked account was used to reply to tweets, […] Source: https://news.bitcoin.com/microsoft-india-account-hijacked-by-crypto-scammers/
The Central Bank of Qatar recently announced the completion of the infrastructure development supporting an in-house-built CBDC. The bank estimates that the project will enter its experimental stages this year in October, allowing several national and international banks to test the functionality of this pilot by facilitating large payments among them. Qatar Announces CBDC Experimental […] Source: https://news.bitcoin.com/central-bank-of-qatar-announces-cbdc-project/
Fidelity’s Bitcoin fund led the pack with $378.7 million in net inflows on the U.S. spot Bitcoin ETFs second-highest joint net inflow day. Source: https://cointelegraph.com/news/bitcoin-etf-second-best-inflow-day-887-millon
Bitcoin’s average price across 5-day, 30-day, and 50-day periods are almost the same, indicating low volatility and raising the chances of a price breakout in either direction. Source: https://cointelegraph.com/news/bitcoin-coiling-simple-moving-average-indicator-crypto-analyst
Ukrainian authorities have dismantled a criminal ring defrauding citizens across Ukraine, Moldova, Kazakhstan, and the European Union through deceptive call centers promising lucrative cryptocurrency investments. The National Police of Ukraine detained 14 suspects, including the alleged organizers, and seized 12 luxury cars, 136 units of computer equipment, 951 SIM cards, 455 starter packs, and significant […] Source: https://news.bitcoin.com/ukrainian-police-bust-international-crypto-fraud-ring-14-arrested/
Most Germans have never heard of the digital euro and some who knew of it thought it was a cryptocurrency, a central bank survey found. Source: https://cointelegraph.com/news/germans-split-on-digital-euro-central-bank-survey
A new report has found that half of Germans who participated in a survey study can “imagine using a digital euro as an additional payment option.” However, the study also revealed that some three-quarters of the respondents view the “aspect of privacy in connection with the use of the digital euro as very important or […] Source: https://news.bitcoin.com/study-half-of-surveyed-germans-imagine-using-a-digital-euro-as-an-additional-payment-option/
The Securities and Exchange Commission (SEC) of Thailand has granted approval to One Asset Management (ONEAM) to launch a fund that invests in spot bitcoin exchange-traded funds (ETFs). The fund, named “One Bitcoin ETF Fund of Funds Unhedged Fund Not For Retail Investors (ONE-BTCETFOF-UI),” is accessible exclusively to institutional investors and high-net-worth individuals from May […] Source: https://news.bitcoin.com/thailands-sec-approves-bitcoin-etf-fund-for-wealthy-investors/
Micro-computer developer Raspberry Pi is adding artificial intelligence to its latest motherboard model, the Raspberry Pi Foundation said on Tuesday. Developed in collaboration with artificial intelligence processor developer Hailo, the Raspberry Pi AI Kit is available to upgrade the Raspberry Pi 5 and retails for $70 the UK-based charity said. With the new AI upgrade, the tiny and affordable computer…
