Forsage Scam-SEC Exposes $300M Crypto Pyramid and Ponzi Scheme

The U.S. Securities and Exchange Commission (SEC) has revealed a global cryptocurrency scheme that defrauded retail investors of $300 million. 11 people have reportedly been arrested for scamming investors as part of a cryptocurrency pyramid and Ponzi scheme through the development and marketing of the "Forsage" website, according to SEC…

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The UK Law Commission’s Property Rules Will Include Crypto and NFTs

The UK Law commission will include NFT and cryptocurrency The UK government has requested its independent statutory authority for legislation to investigate how England and Wales' property rules might apply to digital assets because many nations haven't known how to regulate cryptocurrencies.Furthermore, the UK Law Commission recommended on Thursday that…

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China Bans Financial Institutions from using cryptocurrency

According to reports, China has banned payment companies and financial institutions from offering any services related to cryptocurrency transactions. Furthermore, it also warned investors from speculative crypto trading in the country.According to a statement issued under the latest ban from China, such financial institutions, including online payments channels and banks,…

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UFC Token Set to Be Launch for Millions Throughout the World

The Ultimate Fighting Championship (UFC) announced this week it’s going to launch the $UFC Fan Token next month. The coin will be minted in partnership with Chiliz, a blockchain company that provides services to the sports and entertainment industries. The move is expected to increase fan engagement among millions of fans…

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