Report: Regulators Reject CZ’s Application to Become Shareholder in Troubled Bank

Liechtenstein’s Financial Market Authority (FMA) has reportedly pulled the plug on an alleged application to bring Binance CEO Changpeng Zhao on as a major shareholder in a distressed domestic bank.
As reported by Swiss financial news outlet Inside Paradeplatz on Aug.

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Mobile Crypto Scam Targets Wealthy Indian Investors

A new cryptocurrency scam in India is targeting wealthy individuals using a fake mobile app.
According to India TV News, cybercriminals are targeting high income individuals across India. Victims receive messages through social media groups asking them to sell and buy Bitcoin through a mobile app.

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More Than 10,000 New Blockchain Companies Established in China in 2020

Blockchain and crypto data platform LongHash revealed on August 8 in a tweet that China’s blockchain sector has grown substantially despite the pandemic this year. It stated that over 10,000 blockchain companies were established between January and July.

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