BTC $83,592.69 -0.42%
ETH $2,527.13 -1.42%
BNB $744.79 -1.02%
XRP $1.37 -2.93%
SOL $108.28 -4.07%
TRX $0.3300 -0.63%
DOGE $0.0848 -3.30%
ADA $0.2395 -5.86%
BCH $272.97 -5.00%
LINK $13.16 -2.07%
HYPE $82.89 -5.34%
AAVE $160.91 -5.34%
SUI $1.06 -5.54%
XLM $0.1946 -4.18%
ZEC $1,213.13 -9.24%
AAPL $341.99 +1.35%
AMZN $258.83 -2.05%
GOOGL $351.68 -0.38%
MSFT $542.00 +0.83%
META $738.47 +2.19%
NVDA $224.51 -2.50%
TSLA $375.09 -2.32%
SNDK $1,438.93 -8.89%
INTC $100.88 -3.68%
SPCX $163.08 -0.94%
MU $963.45 -6.13%
AMD $588.16 -3.91%
BTC $83,592.69 -0.42%
ETH $2,527.13 -1.42%
BNB $744.79 -1.02%
XRP $1.37 -2.93%
SOL $108.28 -4.07%
TRX $0.3300 -0.63%
DOGE $0.0848 -3.30%
ADA $0.2395 -5.86%
BCH $272.97 -5.00%
LINK $13.16 -2.07%
HYPE $82.89 -5.34%
AAVE $160.91 -5.34%
SUI $1.06 -5.54%
XLM $0.1946 -4.18%
ZEC $1,213.13 -9.24%
AAPL $341.99 +1.35%
AMZN $258.83 -2.05%
GOOGL $351.68 -0.38%
MSFT $542.00 +0.83%
META $738.47 +2.19%
NVDA $224.51 -2.50%
TSLA $375.09 -2.32%
SNDK $1,438.93 -8.89%
INTC $100.88 -3.68%
SPCX $163.08 -0.94%
MU $963.45 -6.13%
AMD $588.16 -3.91%

ping

All
Article
Flash

first_img A man in London was sentenced to two and a half years in prison for a SIM card swapping scam involving nearly £200,000

According to the City of London Police report, 25-year-old London man Ajay Shinjin (also known as AJ Marley Cruz) was sentenced to two and a half years in prison by the Inner London Crown Court for his involvement in a SIM swap fraud case. He pleaded guilty on September 28 to two charges of conspiracy to commit fraud by false representation and transferring criminal property. The case involved the theft of cryptocurrency worth nearly £200,000 (approximately $265,000).In early November 2021, British telecom operator BT discovered unauthorized activity in its systems, where customers' phone numbers were transferred to SIM cards controlled by criminals, who intercepted one-time verification codes sent by banks and cryptocurrency platforms. The police identified several suspects based on device data provided by BT, and Shinjin was linked to four of the devices. He profited over £44,000, which he used for a vacation in Dubai, a luxury apartment in Canary Wharf, and a gold-plated dental grill.Details of the case revealed that one victim lost approximately £40,000 in cryptocurrency on November 2, 2021, with about £27,000 flowing into Shinjin's personal crypto account; a second victim had approximately £17,000 entirely transferred to his wallet; he also assisted in stealing about £8,000 from a third victim's Coinbase account and around £130,000 from a fourth victim. Shinjin was first arrested at his residence in 2021 and was re-arrested at Heathrow Airport upon returning from Dubai in October 2023.

first_img The Bank of America group sued the OCC, accusing it of overstepping its authority by issuing trust licenses to cryptocurrency companies

The Independent Community Bankers of America (ICBA) filed a lawsuit against the Office of the Comptroller of the Currency (OCC) in federal court on Friday, accusing it of exceeding its statutory authority when issuing national trust bank charters to cryptocurrency companies. The ICBA stated that the OCC is implementing "broad new powers not authorized by the National Bank Act," allowing these companies to enter the U.S. banking system without being subject to the same level of regulatory oversight as community banks, putting small banks at a "serious competitive disadvantage."The ICBA is one of the largest banking advocacy organizations in the United States, primarily representing small institutions. Last month, the organization strongly opposed the Digital Asset Market Structure Bill, which failed to advance in the U.S. Senate, arguing that its stablecoin provisions did not protect community banks from direct competition for deposit accounts. ICBA President and CEO Rebeca Romero Rainey stated that Congress did not establish the national trust charter to provide a "backdoor" for cryptocurrency companies seeking to enter the banking system with the credibility of a federal bank charter, as these companies do not bear the same obligations regarding capital, liquidity, regulation, and Federal Deposit Insurance Corporation (FDIC) insurance requirements. An OCC spokesperson responded to CoinDesk that the agency does not comment on ongoing litigation.Recently, the OCC has continued to issue trust charters to cryptocurrency companies, but these companies' business models differ from those of typical community banks and do not offer cash deposit accounts that require FDIC insurance. Approved institutions include cryptocurrency banks Protego and Erebor, as well as existing cryptocurrency firms like Coinbase, Circle, and Crypto.com.

first_img Crypto.com subsidiary AI agency ai.com has been secretly developing, and it has not launched nearly 8 months after its Super Bowl debut

The personal AI agent business ai.com under Crypto.com has not yet been opened to the public since its debut during the Super Bowl in February this year. According to Cointelegraph, ai.com spent $15 million on advertising during the fourth quarter of the Super Bowl to promote the launch of its AI platform, leading to a surge of users rushing to reserve personal AI agent accounts, which caused the website to crash within minutes. Nearly 8 months later, the site still displays a message indicating that due to high demand, AI agent generation is in queue. A spokesperson for Crypto.com confirmed that the platform is still under development, stating that ai.com continues to advance in stealth mode and will provide more details when it is officially released to the public.The AI agents of ai.com are positioned beyond financial scenarios. In a statement released in February, it was announced that personal agents could arrange work, send messages, operate across applications, and build projects, and it also claimed that agents could independently develop missing capabilities and share improvements within the network. Meanwhile, competitors have launched AI assistants for more specific tasks: Robinhood announced on Tuesday that it could execute automated trading within the app using AI agents, Kraken launched AI financial tools in July, and Bitget introduced the AI trading assistant GetAgent in June. Anthropic introduced computer use in Claude Cowork in March, and OpenAI launched ChatGPT Work in July.During this period, Crypto.com continues to invest in AI business.
app_icon
ChainCatcher Building the Web3 world with innovations.