Crypto weekly: Kansas Banker Charged With Embezzling $47 Million to Buy Crypto; AI-generated fake IDs claimed to pass crypto exchange KYC are selling for $15.

Cryptocurrencies keep pushing boundaries, and each headline is a testament to the industry’s growth. Let us bring you up to speed with the most significant stories from the past week. Next week also promises to be full of events that may affect the overall market picture.

Review of the past week:

February 05, 2024

Trust Wallet Is the First Web3 Wallet to Receive ISO Certification.
Trust Wallet has been awarded international certification on account of its security and privacy protections.
Read more

February 06, 2024

AI-generated fake IDs claimed to pass crypto exchange KYC are selling for $15.
The $15 AI-generated fake IDs are reportedly being used to fool crypto exchange identity checks, potentially giving crypto hackers and scammers a new edge. Read more

February 06, 2024 Solana Back Up Following Major 5-Hour Outage.
The blockchain freeze triggered a drop in Solana’s SOL token, though it rebounded. Read more
February 07, 2024 Major Binance Delisting Causes Community Uproar.
One of the biggest crypto exchanges in the industry, Binance, delisted Monero (XMR), a popular privacy-focused coin, triggering a substantial price drop and trading volume right after the announcement. Read more
February 07, 2024

Kansas Banker Charged With Embezzling $47 Million to Buy Crypto.
Prosecutors charge Heartland Tri-State Bank’s former CEO. Read more


What’s coming up for us this week:

February 13, 2024 Next release of U.S. Consumer Price Index.
January 2024 CPI data are scheduled to be released on February 13, 2024, at 01:30 P.M. UTC. Read more


As the crypto landscape evolves, so does the need for a reliable platform. At FYBIT, we provide the tools for your success. Don’t wait, trade with FYBIT.


Best regards,
FYBIT team