Tag: cbex

CBEX Crypto Scheme Unravels, Investors Defrauded as Funds Laundering is Exposed

07/27/2025

CBEX Crypto Scheme Unravels, Investors Defrauded as Funds Laundering is Exposed

Then in April 2025, CBEX, another fictitious cryptocurrency investment platform went bust. This failure, in turn, left thousands of investors defrauded, with particular burden on African investors including many Nigerians. The platform misleadingly announced that it had only suspended withdrawals temporarily while an audit by a British firm, to be...

CBEX's Victims: A Wake-Up Call for DeFi's Social Responsibility

07/27/2025

CBEX's Victims: A Wake-Up Call for DeFi's Social Responsibility

The news is filled with numbers: $800 million lost, percentages gained and lost, and the technical jargon of cross-chain swaps and virtual value transaction events. For every statistic, there is a human story—a beloved family member whose life has changed forever. The CBEX Ponzi scheme deliberately preyed on vulnerable, low-income...

Further Reading

So, everybody is talking about commit growth in crypto, aren’t they? Starknet, Sui, Cardano, Avalanche, Polkadot – apparently they’re all crushing it on developer activity. Month-over-month increases of 20%, 30%, even 45! Sounds amazing, doesn't it? Like a sure sign of future success. Slow down before you sell the farm...

Starknet, Sui, Cardano, Avalanche, Polkadot. Sounds like a law firm, right? Or perhaps the opening act on their international tour. According to some, these five are winning the developer commit game. We’re glad to see some analysis confirming their jaw-dropping performance. Good for them. Let’s face it, developer commits makes...

Let's be honest, you've seen them. Those cute, fat little penguins waddling around your Twitter feed, every so often covering up someone’s profile picture. Maybe you scoffed. Maybe you rolled your eyes. Maybe you thought, "Another NFT fad." You were wrong. Dead wrong.I get it. The NFT space, let me...

The NFT space is the wild west, right? One minute you're staring at pixelated rocks selling for millions, the next, everyone's moved on to the next shiny object. But then you see projects like Pudgy Penguins. Though they launched as a basic PFP project, they’ve been working on the low-key...

4,000 ETH in 24 hours. That’s the message shrieking from every nook and cranny of Crypto Twitter. Forexus' "Brass Coin" collection on Rarible, fueled by MegaETH, a Layer 2 promising to solve Ethereum's NFT scaling woes, is the talk of the town. Before you FOMO into whatever’s hot and new,...

Alright, let’s break down this Forexus NFT thing. My initial reaction? Skeptical squint. Eyeroll 360, I know I know, another day, another NFT collection that’s going to save the world. Remember Beanie Babies? Okay, we know this all sounds a bit like that, but with added blockchain.Is This Art or...

Forget financial advisors and their fancy charts! In that wild west of crypto, it only takes one perfectly timed meme to shoot a coin up to the moon. It’s even quicker than Elon Musk sending a tweet! We're talking life-changing money... maybe.Alright, I know, I know. But you’re imagining Pepe...

Let's cut the crap. We know, we know—you’ve read a billion articles that promised you the next crypto to moon. Most are garbage. The reality? A 1000x return is a pipe dream. If that does occur, it won’t be due to all the hype. It'll be because of tangible progress....