Hot wallets are online wallets that allow you to quickly access and manage your cryptocurrencies. They are ideal for people who trade often or use cryptocurrencies daily. The top hot wallets include strong security features like encryption and multi-factor authentication.

Disbarred California attorney David Kagel has agreed to pay nearly $14 million in restitution as part of his sentencing for operating a multimillion-dollar cryptocurrency Ponzi scheme that defrauded investors over several years.

Kraken's latest survey reveals that 59% of respondents use dollar-cost averaging as their main crypto investment strategy, while 83.53% have used DCA at least once in their crypto activities.

Sui, Aptos, and Algorand are key altcoins to watch as the crypto market stabilizes ahead of U.S. CPI and FOMC minutes, showing strong potential, driven by unique fundamentals and technical patterns.

Brazil's biggest crypto exchange platforms Mercado Bitcoin, Foxbit and Bitso have teamed up to launch BRL1, the first stablecoin pegged to the value of Brazilian Real. According to Brazilian media outlet Valor on Oct.

VanEck Digital Assets Alpha Fund portfolio manager Pranav Kanade advises crypto teams to prioritize alignment over pursuing quick-profit schemes.

The island nation of Palau, located in the Pacific Ocean, has created history both in government finance and in the adoption of blockchain technology.

Caroline Ellison has reached an agreement with the FTX bankruptcy estate to hand over the bulk of her remaining assets.

Dubai, Switzerland, and South Korea have taken the lead in shaping the future of the cryptocurrency industry, offering businesses a thriving environment backed by favorable regulations, tax policies, and a robust market infrastructure.

A new report from the United Nations has sounded the alarm over the sophistication of cryptocurrency-related crimes across Southeast Asia.

Crypto.com has sued the U.S. Securities and Exchange Commission, accusing the agency of overreaching regulatory practices and threatening the stability of the U.S. crypto industry. Crypto.com Takes Legal Action Against SEC to Defend US Crypto Industry Legal action has been taken by Crypto.com, a prominent cryptocurrency exchange and service provider, against the US Securities and Exchange Commission in an effort to safeguard the future of the US crypto business.

The Securities Futures Commission in Hong Kong plans to license 11 virtual asset trading platforms by the end of 2024 as part of its renewed regulatory efforts to manage the growing cryptocurrency market. Hong Kong to License More Crypto Exchanges by End of 2024 The Securities Futures Commission, Hong Kongs financial watchdog, has stated its intention to provide additional licenses to digital asset companies and cryptocurrency exchanges in the region by the years end.

Exciting news in the FTX bankruptcy case! Recently Caroline Ellison, former CEO of Alameda Research, has struck a settlement deal with FTX. Filed in court on October 7, the agreement means Ellison will hand over nearly all her assets to the FTX estate.

The United Nations recently issued a surprising report stating that Telegram has emerged as a major platform for criminal networks in Southeast Asia. This encrypted chat software has become a hotspot for money laundering, fraud, and the exchange of stolen data, according to the UN.

Only 12.7% of Polymarket users have made a profit in prediction markets, with the majority earning less than $100, according to onchain data.

Key Points:

David Kagel, an 86-year-old former attorney from California, has been sentenced to five years of probation and ordered to pay nearly $14 million in restitution after admitting to his role in a multi-million-dollar crypto Ponzi scheme.

A US judge on Monday ordered an 85-year-old, recently disbarred California attorney to pay $14 million in restitution for his role in a $9.5 million cryptocurrency Ponzi scheme.

HBO's "Money Electric" documentary explores the mystery of Bitcoin's creator, suggesting developer Peter Todd as a potential Satoshi Nakamoto, but faces skepticism due to lack of conclusive evidence.

Ohio's new fraud investigations unit recovered $130,000 lost in a crypto scam targeting a Worthington senior, marking its first success since being established.

An 86 years old former attorney from California named David Lee Kagel, has been sentenced to five year probation for a multimillion dollar crypto fraud. He pleaded guilty to leading a multimillion-dollar cryptocurrency Ponzi scheme. This scam ran from December 2017 to June 2022 and defrauded many people.

On October 8, Crypto.com announced that the company had filed a lawsuit against the U.S. Securities and Exchange Commission (SEC). The exchange explained that the lawsuit is a response to a Wells notice issued by the SEC, which Crypto.com argues is part of the agency's overreach in regulating the crypto industry.

U.S. are intensifying efforts to confiscate around $2.67 million worth of cryptocurrency from major hacks linked to Lazarus Group.

The financial super app has improved security measures specific to crypto.

A former executive of the collapsed FTX exchange, Ryan Salame, mentioned on X that he was not worried about his upcoming prison sentence, which would start on October 11. He said that he would treat his 7.5-year sentence like summer camp.

Despite Bitcoin failing to initial the bull rally, there are multiple crypto tokens who are gaining huge momentum. Even though it is common for altcoins to follow the largest cryptocurrency, they can also move on their own because of new developments.

HBO's documentary ‘Money Electric: The Bitcoin Mystery' revealed Canadian Bitcoin developer Peter Todd as Satoshi Nakamoto, but the crypto community is not convinced.

The exchange said: "We do this to protect the future of cryptocurrencies in the United States."

Binance conducted a cybersecurity and crypto training seminar for law enforcement officials in Mexico City. This was j

A recent survey by the cryptocurrency exchange Kraken has revealed that most crypto investors favor the dollar-cost averaging (DCA) approach when purchasing digital assets.

Prosecutors only sought a five-year probation sentence for crypto schemer David Kagel because of his age and ailing health.

Former Alameda Research CEO Caroline Ellison agreed to settle a case with FTX, which would apparently see her turn over everything she has left.

HSI, a branch of the U.S. Department of Homeland Security, prevented more than 500 ransomware attacks and froze over $2 billion in cryptocurrency since 2021 according to the latest report by Bloomberg. This particular element of HSI's broader cyberspace criminal investigation is aimed at identifying possible ransomware threats before they turn malicious.

In Q3 2024, AI-powered DApps surged, boosting blockchain growth, while DeFi and NFT markets experienced significant declines.

Dubai, Switzerland and South Korea have been identified as prime destinations for crypto business in 2024.

Bitso, Mercado Bitcoin, and Foxbit have joined forces to issue brl1, a stablecoin pegged to the value of the Brazilian real. The stablecoin will be issued on Ethereum and Polygon, with Cainvest providing liquidity for the BTC and ETH pairs listed on these exchanges and other markets to be developed in the future.

As speculation grows around potential leadership changes at the SEC, attention has shifted to Dan Gallagher, the Chief Legal Officer at Robinhood.

According to crypto exchange Kraken, almost 60% of the over 1,000 surveyed crypto investors use DCA as their main investment strategy.

HBO's Money Electric: The Bitcoin Mystery suggests cryptographer Peter Todd as a potential candidate for Satoshi Nakamoto, a claim Todd denies as “ludicrous.”

Last week, CoinDesk's Sam Kessler reported that developers and IT workers employed by the Democratic People's Republic of Korea – i.e. North Korea – had managed to get themselves hired by a number of crypto projects, giving them two different ways of raising funds for the national regime.

The Solana ecosystem has been growing every new day and is competing with the popular chains, including Ethereum. The platform recently witnessed a huge influx of funds, which indicated a potential rise in the blockchain's adoption and usage. This further indicates the traders could be optimistic about the next price action.

Canary Capital Group files for its first-ever ETF tracking XRP, following Bitwise Asset Management's move last week.

A cryptocurrency trader has managed to execute a series of successful consecutive trades on a meme-inspired cryptocurrency, $POPCAT, to make over $1 million in profit since August 20 without losing a single trade.

Bitcoin core developer Peter Todd admitted to being Bitcoin creator Satoshi Nakamoto in HBO's latest documentary — but the confession isn't what it seems.

HBO's documentary suggests cryptographer Peter Todd might be Bitcoin creator Satoshi Nakamoto, sparking debate. The post Peter Todd revealed as Satoshi Nakamoto in HBO's documentary appeared first on Crypto Briefing.

Gunzilla Games is on pace to become the first web3 game developer to release a title with onchain capabilities on PlayStation and Xbox.

South Korea's Ministry of Strategy and Finance and Regulator, the FSC, plans to have new rules for dollar-tied stablecoin cross-border transactions.

VanEck portfolio manager Pranav Kanade highlighted that memecoins have four key aspects that all teams building in crypto should mimic. Kanade made the comments on social media in response to the Token2049 panel by Murad Mahmudov on his pivot to memecoins from being a Bitcoin maxi.