TechyMag.com - is an online magazine where you can find news and updates on modern technologies


US regulator takes on cryptoinfluencer who 'invested' other people's money in sports cars, watches and rare diamonds

The U.S. Securities and Exchange Commission (SEC) is actively pursuing lawsuits - this time the complaint is directed at crypto influencer Richard Heart, who is accused of using around $12 million of investor funds to purchase luxury items. Today w...

Read More

Coinbase CEO: SEC demanded "all cryptocurrency except bitcoins be removed from trading"

According to Coinbase director Brian Armstrong, prior to the lawsuit, the US Securities and Exchange Commission (SEC) demanded that the cryptocurrency exchange stop trading all cryptocurrencies except bitcoin. Earlier, the SEC identified 13 cryptocu...

Read More

Cryptocurrency for a retina scan: the launch of the Worldcoin project was met with mad queues in the world

This week, the crypto project Worldcoin launched and, judging by the publications of its founder Sam Altman (also the creator of ChatGPT), it immediately gained immense popularity - people were essentially lining up in huge queues to get a World ID (...

Read More

FTX founder Sam Bankman-Fried wanted to buy the island nation of Nauru with investor funds and build a bunker there

The latest lawsuit from FTX Trading reveals new details of massive fraud and personal desires of Bankman-Fried. In particular, the complaint states that the former director of the company's subsidiary hedge fund Alameda Research (and Bankman-Fried's...

Read More

Tesla did not sell any of its $300 million worth of bitcoins last quarter

The main digital coin on Tesla's accounts remains "untouchable" for the fourth consecutive quarter. At the beginning of 2021, Tesla bought bitcoins for $1.5 billion and in the second quarter of last year sold nearly $936 million (or about 75% of its...

Read More

Bloggers' social media cryptomemes will be treated as 'financial advertising' - UK regulator

Now "finfluencers" and their cryptopublications (even unpaid and cryptomemes) will be under close scrutiny of the Financial Conduct Authority (FCA). On July 17, the British financial regulator issued new guidance on financial advertising in social n...

Read More

Ripple wins court victory over SEC - XRP cryptocurrency soared in value and pulled other coins with it

The market capitalization of XRP increased by $21 billion in just three hours. The sudden growth was driven by a decision from the Southern District of New York court in the case of the SEC against XRP creator Ripple, which has been ongoing since 20...

Read More

Bitcoin fell below $25,000 for the first time in three months - in anticipation of a Fed interest rate hike

The cost of Bitcoin dropped below $25,000 for the first time since March 17. On June 15, in just 30 minutes, Bitcoin plummeted by 4% - from $25,867 to $24,819. At the time of publication, the flagship cryptocurrency is holding just above $24,985. Ov...

Read More

More than $780 mln was withdrawn from Binance overnight - right after a lawsuit from the U.S. regulator

The data analysis company Nansen reports that investors have withdrawn around $780 million from the Binance cryptocurrency exchange in the last 24 hours. At the same time, the affiliated exchange Binance in the USA has registered a net outflow of $1...

Read More

UPDATED: Another U.S. regulator has sued Binance - the cryptocurrency exchange says it has become a target at the center of a "regulatory tug-of-war"

In the lawsuit filed by the US Securities and Exchange Commission (SEC), Binance owner Changpeng Zhao is mentioned. Among other things, the cryptocurrency exchange and its CEO are accused of illegal activities and deceiving investors. "Defendants en...

Read More

Decided to make some money. Dogecoin investors accused Ilon Musk of insider trading - he made $124 million after changing the Twitter logo alone

The initiative with a temporary change of logo on Twitter seems to have not been just another joke from Elon Musk, but a way to make some extra money. Dogecoin investors in a collective lawsuit now accuse Elon Musk of insider trading. In April, when...

Read More