The world of cryptocurrency investments is an attractive one, riddled with opportunities for lucrative profits and boo-coo bucks. It brings with it enormous danger—including the specter of fraudulent scams. One recent case illustrates the dangers investors need to watch out for. It centers on PGI Global and its founder, Palafox,...
The SEC's charges against Ramil Palafox, founder of PGI Global, aren't just about another crypto scam gone wrong. They shine a misleading, baffling light on the predatory side of Web3. Their siren call drives desperate creators off the metaphorical cliff into abject poverty. Almost $300 million disappeared, commitments broken, and...
The Web3 industry is overflowing with the potential for greater decentralization, democratized access, and a new level playing field. To be fair, let’s admit that the hype rarely matches up to reality. The Zyber365 and Agna Capital alliance is the latest example, and it begs a crucial question: will it...
Greenledgers is taking a big step into the decentralized finance (DeFi) and non-fungible token (NFT) spaces. This expansion marks the start of a new chapter for the platform. It gives experienced crypto investors and beginners alike a smooth onboarding experience as they step into the Web3 universe. Greenledgers is bringing...
GreenLedgers’ expansion—an authentic step to democratize finance? Or is this yet another case of the crypto elite circling the wagons, this time in the name of Web3? Let’s face it – the crypto world is unfortunately littered with tall talk of decentralization, only to return something much less. It's like...
The SEC’s Crypto Task Force is investigating cross-border regulation with a collaboration deal with El Salvador. El Salvador’s National Commission of Digital Assets (CNAD) has already established collaborations with a U.S.-based real estate broker and a Salvadoran tokenization firm. Together, they’re pioneering a groundbreaking new initiative. This innovative partnership aims...
Imagine this: a young artist in rural Cambodia, struggling to make ends meet, finally able to sell her intricate silk paintings directly to collectors in New York, bypassing gallery commissions and predatory middlemen. That’s the promise El Salvador’s crypto experiment has opened up. It’s not just about Bitcoin, but to...
The SEC’s joint work with El Salvador on crypto “regulatory sandboxes” is frankly kind of fishy. Two pilot programs, totaling less than $10,000 combined, to educate the SEC’s new Crypto Task Force on digital assets? That’s less than what the average American pays for a used car of modest quality....
$811 million. Let that number sink in. That’s over 130 times the amount Nigerians lost in the CBEX “crypto” scam. This massive amount hangs the financial wellbeing of hundreds of thousands in the balance. Yet it would set Nigeria’s booming Web3 aspirations a staggering blow backwards. And it begs the...
DeliciousNFT.com is serving up some new takes on the burgeoning partnership between the U.S. Securities and Exchange Commission (SEC) and El Salvador’s National Commission for Digital Assets (CNAD). Trust us, you won’t want to miss this unboiled take! This is no ordinary crypto news, it may very well be a...
