Canadian Crypto Exchange QuadrigaCX Officially Declared Bankrupt

Canada’s major cryptocurrency exchange QuadrigaCX has been officially declared bankrupt. Canada’s major cryptocurrency exchange QuadrigaCX has been officially declared bankrupt, local media outlet CBC reported on April 8. Quadriga’s bankruptcy was reportedly approved today by Nova Scotia Supreme Court Justice Michael Wood, and follows the court monitor Ernst & Young’s (EY) recommendation that it should […]

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Nigeria: Financial Watchdog Receives Petition Against Crypto Exchange Over Account Closures

Paxful Inc. has been accused of defrauding Nigerian investors out of millions of dollars worth of crypto through arbitrary account closures. Estonia-based crypto firm Paxful Inc. has been accused of defrauding thousands of Nigerian investors out of millions of dollars worth of cryptocurrencies through allegedly arbitrary account closures. The news was reported by local media […]

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Artificial Intelligence Helps South Korea Police End $18 Million Crypto Ponzi Scheme

Authorities fed information about related schemes to an “AI Investigator” as part of a sting operation to catch the scheme’s two perpetrators. South Korean police have arrested suspects behind a cryptocurrency ponzi scheme using artificial intelligence (AI), local English-language news outlet Korea Joongang Daily reported on April 8. The scheme, which reportedly stole a total […]

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Bipartisan South Korean Lawmakers Call on Gov’t to Ease Crypto, Blockchain Regulation

A cross-party group of South Korean lawmakers have reportedly called on the government to ease regulation. A cross-party group of South Korean lawmakers have reportedly called on the government to ease regulation of cryptocurrencies and blockchain technology. The news was reported by local English-language newspaper the Korea Herald on April 7. Notwithstanding the ruling Democratic […]

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Hodler’s Digest, April 1–7: Top Stories, Price Movements, Quotes and FUD of the Week

This week, PayPal ventured into blockchain for the first time, and Coinbase turns to cross-border payments. Top Stories This Week PayPal Invests in Digital Identity-Focused Blockchain Startup in Apparent First Global online payments firm PayPal has invested in startup Cambridge Blockchain, a firm that focuses on leveraging the tech in order to give users more […]

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