Southern China warns investors against illegal token platforms
China’s southern Hainan province is the latest to warn investors against crypto-based fundraising schemes. Following China’s major regulatory crackdown on cryptocurrencies, financial regulators in Hainan, the smallest province in the country, reportedly issued a warning against crypto- and blockchain-focused illegal fundraising schemes.According to local reports, the Hainan branch of the People’s Bank of China — the central bank of the country — and the local financial supervisory authority were among the regulators that made the announcement. Regulators warned investors about illegal....
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Engaging in Illegal Crypto Activities is Punishable by Law, Nepal Rastra Bank Says in Notice
Cryptocurrency trading and mining are punishable as they are illegal in the country, the Nepal Rastra Bank (NRB) remarked in....
The United States Federal Bureau of Investigation (FBI) has issued a public service announcement about exploits attackers have recently used to steal cryptocurrency from investors that put money on decentralized finance (defi) platforms. The organization also advised crypto investors to do their own research and verify that the decentralized finance platforms chosen were audited by independent parties.
Defi Platforms Under the Eye of the FBI
The FBI has begun to notice the attention scammers are giving to decentralized finance (defi) platforms in order to exploit their....