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1. $6.2M for a banana taped to a wall. Have we gone bananas?

It’s official—art is bananas. Literally....

2. Greek woman swindled out of €600,000 in cryptocurrency scam on Chios

Police on the Greek island of Chios are investigating an elaborate online scam in which a woman was defrauded of 608,955 euros ($648,000) by two foreign nationals posing as investment company representatives....

3. At the Doorstep of MICA: What to Expect as Crypto Regulation Takes Shape

The European Union's (EU) regulatory framework for cryptocurrencies and digital assets is envisioned to be shaped by the game changer, Markets in Crypto-Assets (MiCA) regulation. ...

4. SMS scam alert: Authorities warn of cryptocurrency messages

Cyprus’s Cybercrime Unit has issued a warning about a new SMS scam targeting citizens. ...

5. Trump speaks out after gunfire: ‘I am safe' as suspect arrested

Former President Donald Trump, 78, was unharmed after an alleged gunman fired shots near him at the Trump International Golf Club in Florida, according to the FBI. The suspect, identified as Ryan Wesley Routh, 58, was apprehended following a traffic stop on Interstate 95....

6. Cyprus faces surge in online scams

Online scams are becoming a serious issue in Cyprus, with recent data revealing a sharp increase in fraudulent activities. In the past 25 days, authorities have reported eight significant fraud cases, totaling over half a million euros in losses....

7. Limassol resident loses €30,000 in cryptocurrency scam

A 54-year-old resident of Limassol reported to the police yesterday that he was scammed out of €30,000 by an online scammer posing as a cryptocurrency investment advisor....

8. Limassol man duped out of €30,000 in cryptocurrency scam

9. FT: Global stock markets tumble amid US recession fears

Global stock markets experienced significant declines on Monday as concerns about a potential US recession led investors to abandon risky assets....

10. Financial education in Cyprus schools after Metamax scandal

The ongoing investigation into the Metamax investment pyramid scheme is causing growing alarm across Cyprus. Complaints to police departments have surpassed 100, with over €220,000 allegedly defrauded. ...

11. Elon Musk commits $45M monthly to boost Trump's election bid

Elon Musk intends to contribute $45 million per month to a Super PAC aimed at supporting Donald Trump's electoral campaign, starting from July, as reported by the Wall Street Journal....

12. Cryptocurrency seized in Cyprus as fraud network unravels

A well-established international cryptocurrency fraud, dismantled recently, resulted in numerous victims and significant profits for a criminal network....

13. Few coal plants to survive stricter US regulations

New climate rules imposed by Joe Biden’s administration requiring huge cuts in carbon pollution from coal-fired power plants will accelerate the decline of an industry that until recently provided most of America’s power, experts say, potentially even dealing a death blow to coal in the US....

14. Intruders strike in Limassol, steal €51,000 from Russian investor

Authorities are investigating a robbery case involving a 36-year-old Russian entrepreneur who fell victim to a theft during a cryptocurrency transaction. ...

15. Lather, rinse, repeat

Everywhere we turn in Cyprus, the specter of money laundering looms large. It was an open secret for years that our banking system was complicit, resulting in repercussions from foreign authorities....

16. Bitcoin surpasses $57,000 on ETF boost and corporate investments

Bitcoin reached a milestone, surpassing $57,000, driven by increasing demand from exchange-traded funds (ETFs) and corporate investments, notably by MicroStrategy. ...

17. Nicosia senior swindled of €480,000 in cryptocurrency scam

In a disturbing turn of events, a 73-year-old resident of Nicosia has fallen prey to a sophisticated internet fraud scheme, resulting in a substantial loss of over €480,000 in a cryptocurrency scam....

18. January Newsletter of K. Treppides & Co Ltd: CySEC

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....

19. Lagarde's stance on cryptos revealed amidst family investment fallout

European Central Bank President Christine Lagarde disclosed that her son experienced significant losses while investing in cryptocurrency, as reported by Reuters on November 24. ...

20. Investors pull $956M from Binance after CEO resigns amid legal woes

In the aftermath of Binance CEO Changping Zhao's resignation and guilty plea, investors withdrew approximately $956 million from the cryptocurrency exchange within the last 24 hours. ...

21. Binance's Zhao, steps down as CEO

In a significant development for the cryptocurrency world, Changpeng Zhao, better known as CZ, has announced his resignation as the chief executive officer of Binance....

22. Guardian: Russian money flows ''without questions'' in the occupied territories

In the Turkish-occupied northern Cyprus, an influx of Russian speakers, particularly from the former Soviet Union, has turned the area into a real estate hotspot. ...

23. Cyprus banks bracing for profit squeeze according to Moody's

Moody's believes that Cyprus' small and saturated banking sector, the banks' limited loan portfolio, and low fee and commission income will restrict opportunities for growth in domestic banks' activities and profitability in the long term....

24. Crypto 'wonder boy' Sam Bankman-Fried convicted in $8 billion fraud

Sam Bankman-Fried, the former billionaire founder of FTX, a prominent cryptocurrency exchange, was found guilty on Thursday of orchestrating one of the most significant financial frauds in history....

25. Rising scams in Cyprus

Telephone and online scams are on the rise in Cyprus, targeting vulnerable elderly individuals and attempting to swindle their hard-earned money....

26. From ''lovers'' to ''doctors'': Cyprus confronts rising online fraud

Cyprus is witnessing a significant annual increase in online fraud cases, according to Andreas Anastasiades, the Director of the Electronic Crime Sub-Directorate. ...

27. Uncle says Little Hacker was scouting for burial sites

The disappearance of a Limassol man feared murdered has become more complicated after the uncle of the main suspect, known as Little Hacker, offered to point investigators to possible burial sites claiming they were picked by his nephew...

28. Police build disappearance case but no breakthrough

The disappearance of a Limassol man said to be implicated in a convoluted cryptocurrency case continues to baffle Cypriot authorities, following additional arrests and search parties expected to continue after an unsuccessful holiday weekend...

29. Disappearance less clear after cops nab hacker’s pal

A man said to be an acquaintance of Little Hacker, the detained suspect in a disappearance case possibly linked to cryptocurrency theft, has also been nabbed by police after investigators became suspicious over partial statements he had made, but charges still remained unclear...

30. Police suspect foul play in cryptic disappearance case

A local man who did time in a US prison and is also being accused of bitcoin theft in Cyprus has turned himself in, but he is reportedly not answering questions about the disappearance of a man whose torched vehicle was found in rural Nicosia last week...