Author: Judith Faith

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Judith Faith

Judith Faith has been writing about cryptocurrencies and blockchain technology for over five years. She is well versed in the industry and has an extensive network of industry contacts. She is also a frequent contributor to various cryptocurrency publications. With her vast knowledge and experience, she is able to provide insightful and valuable content to her readers. Judith is also an active investor in the cryptocurrency space and has a vested interest in the success of the industry.

Articles by Judith Faith

UK seeks crypto crime-fighter with $50K salary

UK advertising for crypto crime-fighting role at $50K salary

1 year ago 1 min read

The National Crime Agency (NCA) in the United Kingdom is seeking to hire a cryptocurrency investigator to join its National Cyber Crime Unit (NCCU) Crypto Cell. The dedicated unit will focus on investigating UK cyber incidents involving cryptocurrencies such as Bitcoin. The investigator will be responsible for providing strategic and tactical advice to investigators handling cases involving cryptocurrencies, as well as identifying and recovering seed phrases and conducting advanced tracing through blockchains. The position requires knowledge of cryptocurrencies and experience with blockchain forensic investigations in serious and organized crime cases. The annual salary for the role is between £40,200 ($48,200)

Phishers target RTFKT COO, steal NFT collection worth $175,000+

COO of RTFKT falls victim to NFT phishing scam, loses collection valued at $175,000+

1 year ago 1 min read

The Chief Operating Officer of RTFKT, a crypto brand owned by Nike, had his NFT collection worth at least $175,000 stolen in a phishing scam. According to Nikhil Gopalani, who is the COO and tweeted about the incident to the Clone X community, he was hacked by someone who used the same phone number as his Apple ID and sold all of his Clone X and other NFTs. OpenSea activity shows that the thief used two wallets to transfer the NFTs out of Gopalani’s wallet, which included significant amounts of CloneX, RTFKT, Loot Pods, and Crypto Kicks NFTs. The affected

Ripple CEO

Ripple CEO Brad Garlinghouse: US Support for Crypto Regulation is Strong and Bipartisan

1 year ago 1 min read

Ripple CEO Brad Garlinghouse has expressed optimism that the United States will achieve “breakthrough” regulatory clarity for the cryptocurrency industry in 2023. In a Twitter thread, Garlinghouse stated that support for regulation is “bipartisan & bicameral” and referenced various bills, including the Securities Clarity Act, the Responsible Financial Innovation Act, and the Clarity for Digital Tokens Act, as examples of progress towards regulation. However, Garlinghouse also noted that the US lags behind countries such as Singapore, the European Union, Brazil, and Japan in terms of cryptocurrency legislation and regulation. He suggested that the lack of a coordinated effort to implement

Morocco's central bank crypto bill is ready

Morocco Drafts Bill for Cryptocurrency Regulation

1 year ago 1 min read

The governor of Morocco’s central bank, Abdellatif Jouahiri, has announced that the country’s proposed legislation on cryptocurrency is complete and will soon be shared with interested parties. Jouahiri stated that the goal of the legislation is to protect investors from the risks of cryptocurrency trading and investment. The Moroccan central bank has consulted with the International Monetary Fund and the World Bank on best practices for cryptocurrency regulation and has established a committee to manage regulation of cryptocurrency and central bank digital currencies. The bank has also been in discussions with the Moroccan Capital Markets Authority, the Insurance Supervisory Authority,

FTX US denied authorization to create new tokens

FTX denied request to mint new crypto tokens by Bahamas regulator

1 year ago 1 min read

The Securities Commission of The Bahamas (SCB) has issued a statement denying claims made by the representative of US-based crypto exchange FTX and its debtors, who had alleged that the SCB had instructed FTX to “mint a substantial amount of new tokens.” The SCB also denied the FTX debtors’ claims that digital assets controlled by the SCB on behalf of FTX customers and creditors had been “stolen,” and expressed concern that the investigation into FTX’s activities had been “impeded.” The SCB called on the FTX debtors to proceed with matters in good faith and in the best interests of FTX’s

Hacker stole over 200 Bitcoin from Bitcoin core developer

Hackers steal over 200 BTC from Bitcoin Core developer

1 year ago 1 min read

On December 31, Luke Dashjr, a Bitcoin developer and core developer, announced that someone had hacked into his PGP (Pretty Good Privacy) key, which is a security technique that requires two keys to access encrypted data, and stolen nearly 200 bitcoins. Dashjr revealed a wallet address allegedly connected to the theft, where four transactions totaling 216.93329199 BTC (worth approximately $36 million at current prices) were made on the same day. Dashjr had previously tweeted that his server had been hijacked in November and that he was looking into it. Binance CEO Changpeng Zhao (CZ) has responded to the incident, offering

Australia has overtaken El Salvador In terms oaf Bitcoin ATMs

Australia Emerges as Fourth Largest Crypto ATM Hub, Surpassing El Salvador

1 year ago 0 mins read

Australia has overtaken El Salvador to become the fourth largest hub for cryptocurrency ATMs, with a total of 219 active ATMs as of January 1, 2023. This is according to data from CoinATMRadar, which shows that Australia deployed 99 ATMs in the last three months of 2022. El Salvador, which was previously the fourth largest hub, now has 212 active ATMs. The United States and Canada are the largest hub for crypto ATMs, with a total of 8,986 and 1,360 active ATMs respectively. Spain is the third largest hub, with 226 active ATMs. On a global scale, there are 38,602

Compass Mining

Compass Mining Wins $1.5M in Lawsuit Against Dynamics Mining

1 year ago 1 min read

Hardware manufacturer Compass Mining announced that it has won a $1.5 million verdict in a legal dispute with hosting provider Dynamics Mining. In June, Dynamics claimed that Compass had terminated its hosting relationship due to unpaid electricity and hosting fees related to a facility in Maine. Compass, which provides both mining hardware and hosting services at its data centers, filed a complaint alleging that Dynamics’ claims were “completely incorrect” and that the company had taken Compass’ equipment “hostage.” On Thursday, the court ruled in favor of Compass and imposed a default judgment against Dynamics for $1.47 million, plus interest and

Turkish Central Bank

Turkey’s Central Bank Launches CBDC Pilot Test

1 year ago 1 min read

Central bank digital currencies (CBDCs) are digital tokens issued by central banks that function similarly to cryptocurrencies. They are typically backed by the national fiat currency of the issuing country. They can be used for a variety of purposes, including making digital payments, conducting monetary policy, and providing a secure means of storing value. CBDCs are the subject of much research and development, with several countries already implementing or testing them. For example, the Turkish Central Bank recently announced that it had successfully completed the first payment transactions using its Digital Turkish Lira Network and that it would continue to

China State-Backed NFT

China State-Backed NFT Trading Platform to Launch in January

1 year ago 1 min read

A non-fungible token (NFT) marketplace called “China Digital Asset Trading Platform” is set to launch on January 1, 2023, according to state media outlet China Daily. The platform was founded by a Beijing-based private firm, Huaban Digital Copyright Service Center, and two state-backed entities, China Technology Exchange and Art Exhibition China. It has obtained a compliance license through China Technology Exchange and will offer NFT and digital copyrights trading services. Institutions and individuals can register their digital assets and apply for copyright protection services through the platform, which is built on “Wenbao Chain,” a blockchain network operated by Art Exhibition

$372 million hack on crypto exchange FTX

Mysterious FTX Hack After Bankruptcy Finally Investigated by US Authorities

1 year ago 1 min read

The US Department of Justice (DOJ) is reportedly investigating a $372 million hack on cryptocurrency exchange FTX that occurred as the company filed for bankruptcy on November 11. According to blockchain analytics unit, $663 million in various cryptocurrencies belonging to FTX was suspiciously on the move, with $180 million confirmed as FTX moving funds into cold storage and the remaining $477 million allegedly being quickly swapped into ether and stablecoin DAI by the hackers. FTX CEO John Jay Ray III confirmed the hack and said the company was in contact with law enforcement. The DOJ’s investigation is separate from the

Andy Yen CEO of ProtonMail

Proton CEO Andy Yen Undecided on Holding Bitcoin

1 year ago 1 min read

In a Forbes interview published on December 27, Andy Yen, CEO and co-founder of Proton, a company that offers the encrypted email app ProtonMail and various other services, stated that he is unsure whether his company will continue to hold Bitcoin. Proton has held Bitcoin for at least five years and began officially accepting Bitcoin payments in 2017. However, Yen expressed concerns over fraud, scams, and short-lived fads, such as the recent NFT bubble and the 2017 “ICO craze,” and argued that cyclical, short-lived interest in cryptocurrency leads to regular market spikes and crashes. Yen called for stronger self-regulation within

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