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Showing posts from January 16, 2023

Authorities in Germany, Bulgaria, Serbia, Cyprus Take Down Crypto Scam Network

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Authorities in Germany, Bulgaria, Serbia, and Cyprus have taken down a cryptocurrency scam network in collaboration with Europol. “The suspects used advertisements on social networks to lure victims to websites covertly operated by the criminals, which offered seemingly exceptional investment opportunities in cryptocurrencies,” Europol detailed. Authorities Cracking Down on Cryptocurrency Scams Europol announced Thursday that authorities from Bulgaria, Serbia, Cyprus, and Germany, in collaboration with Europol and Eurojust, have taken down “call centers selling fake crypto.” The criminal network, operating through call centers, “lured victims into investing large amounts of money into fake cryptocurrency schemes,” Europol explained, elaborating: The suspects used advertisements on social networks to lure victims to websites covertly operated by the criminals, which offered seemingly exceptional investment opportunities in cryptocurrencies. Fifteen people have been arrested in t

Ethereum Validator Count Surpasses 500,000 Ahead of Upcoming Shanghai Hard Fork

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According to statistics, the number of Ethereum network validators on the Beacon chain exceeded 500,000 as of Jan. 12, 2023. The validator milestone comes as Ethereum core developers prepare for the Shanghai hard fork. Five days ago, Ethereum core developers launched a developer network environment called “devnet 2” for the upcoming upgrade. Ethereum Developers Launch ‘Devnet 2’ Testing Network for Upcoming Shanghai Upgrade; Network Exceeds 500,000 Validators On Jan. 11, 2023, Ethereum developers launched a new testing network for the Shanghai upgrade, a hard fork that’s anticipated to happen in March 2023. The developer’s new testing environment is called “devnet 2” as it follows “devnet 1” released in Nov. 2022. The new testnet was discussed briefly during the All Core Devs (ACD) meeting held on Jan. 5, 2023. At that time, Ethereum core developers stressed that the focus remains vigilant on staked withdrawals. It has been 123 days since The Merge , the point in time when the Et

Fasttoken, Official Crypto of Fastex, to Launch to the Public on January 18

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Developed by technology giant SoftConstruct, Fasttoken (FTN) is the official cryptocurrency in the Fastex ecosystem and the native token of the Fastex Chain. Aside from passing two audits by independent third-party auditors, Fastex is a regulated virtual currency exchange and virtual currency wallet operator in Europe. Additionally, the company recently opened a first-of-its-kind physical NFT shop in Dubai. Meet Fasttoken, The Official Cryptocurrency of Fastex Developed and curated by leading technology giant SoftConstruct, Fasttoken is the official cryptocurrency of the Fastex ecosystem. The Fastex ecosystem consists of a variety of web3-based products, which include Fasttoken. Fasttoken is integrated with the Fastex cryptocurrency exchange platform, Fastex Chain public Ethereum blockchain solution, Fastex Pay cryptocurrency payment ecosystem, ftNFT marketplace, as well as other decentralized applications. Through its network of over 40 million users and more than 700 gaming partn