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Macroeconomic Trends Boost Bitcoin and Gold, US Dollar Index Shows Bearish Double-Top
15.9.2020
According to a number of reports and commentary from financial analysts, the world is “drowning in U.S. dollars” after the Federal Reserve decided to pump billions of dollars into the hands of 14 central banks via liquidity swaps. Moreover, recent technical analysis shows...
DeFi ‘Sucks in’ Billions in Newly Issued Stablecoins
4.9.2020
In the past three months, during the DeFi (decentralized finance) frenzy, the market capitalization of the five largest stablecoins increased by 52%, to almost USD 16.6bn, data shows.
While the most popular stablecoin, tether (USDT), increased its market capitalization by 47%, to more than...
US Federal Court Rules NSA Mass Surveillance Illegal, Credits Edward Snowden
3.9.2020
A federal appeals court has ruled that the U.S. National Security Agency (NSA) mass surveillance program that collected data on billions of Americans’ telephone calls was illegal and possibly unconstitutional. The program was exposed by former NSA contractor Edward Snowden. A Victory...
Lawyer to File Crypto Class-Action Seeking Billions From Social Media ‘Cartel’
12.8.2020
Andrew Hamilton, the CEO of legal firm JPB Liberty, is ready to file a class-action lawsuit seeking billion in damages from the social media “cartel” that sought to kill crypto in 2018
South Korea Might Soon be Spending Billions on Blockchain Development
14.7.2020
President Moon Jae-in wants to allocate billions of dollars to strengthen industry 4.0 technology
Billions and Billions: How Brands Take Blockchain From Niche to Normal
30.6.2020
“The value we create inside of our virtual worlds will become indistinguishable from the value we’ve historically created outside of them.”
Wirecard: Crypto Card Users’ Funds Locked as UK Regulator Suspends Subsidiary
27.6.2020
UK Financial Conduct Authority (FCA) on Friday suspended the license of Wirecard Card Solutions (WCS), a unit of troubled Wirecard AG, which is responsible for issuing Visa cryptocurrency debit cards. It means some users of cards such as Crypto.com’s Mco visa debit card and Tenx’s visa...
Wirecard $2 Billion Scandal: Firm Files for Insolvency, Ex-CEO Arrested, User Funds Safe
25.6.2020
Scandal-hit crypto card issuer Wirecard AG, a firm that has filed for insolvency because of its missing $2.1 billion – but customer funds appear to be safe, for now. The news comes just two days after former chief executive officer Markus Braun was arrested by German police on allegations...
Wirecard CEO Quits as Crypto Card Firm Reveals Missing $2.1 Billion Does Not Exist
22.6.2020
Wirecard chief executive officer quit as the crypto card payments firm revealed that the €1.9 billion ($2.1 billion) missing from its accounts may not exist. CEO Markus Braun resigned on June 19, after nearly 20 years at the helm. James Freis has been appointed interim chief executive,...
Crypto Card Issuer Wirecard Missing $2.1 Billion Cash, Company Shares Plunge 62%
19.6.2020
About 1.9 billion euros ($2.13 billion) worth of cash is missing from one of Wirecard’s trust accounts and the crypto debit card provider cannot as yet account for the money, the company reported on Thursday. In a statement, the major German payment processor blamed “spurious”...
Bitgrin Minted Billions of Tokens Despite 21M Supply Cap, CoinMarketCap Warns
4.6.2020
The Bitgrin network saw billions of tokens minted, despite a supposed max supply limit of 21 million XBG
Vodafone to Connect 'Billions' of Energy Producing Devices Using Blockchain
27.5.2020
Vodafone plans to link billions of distributed energy generating assets to grids using the Internet of Things and blockchain technology
Winklevoss Biographer Writes Newest, BTC-Heavy Episode of 'Billions'
18.5.2020
Another episode of the fifth season of “Billions” focused on crypto mining
US Treasury to ‘Borrow’ $3 Trillion for a Single Quarter – Anticipates Taking Billions More for Q3
5.5.2020
On Monday, the United States Department of the Treasury announced it will be “borrowing” a record $3 trillion to help support the American economy. The move comes after the Federal Reserve dished out over $6 trillion to private dealers before the first U.S. Covid-19 death, and the $1.5...
New Season of 'Billions' Opens With Bitcoin Mining Bust
4.5.2020
Crypto fans have been discussing actively on social media about the new Bitcoin-related episode of “Billions” series
Bitcoin Goes Mainstream (Again) in Billions Season 5 Premiere
4.5.2020
A fragment of the official poster for the fifth season of Billions.
This weekend’s big TV show event had a bitcoin (BTC) bent – with series five of Showtime’s Billions drama series focusing largely on the world’s most popular cryptocurency.
The first episode of the series aired over the weekend...
Liquidity Crisis: The Fed Is Sending Billions of Emergency Dollars to USD-Dependent Nations
24.4.2020
Since the start of the coronavirus outbreak, the U.S. Federal Reserve has created trillions of dollars in order to keep the central bank’s private partners’ liquidity strong during the economic downturn. These moves have caused a number of sound money advocates and economists to explain...
Largest US Banks Expect Billions in Loan Losses, Profits Plunge
19.4.2020
Several of the largest U.S. banks have set aside billions of dollars in reserves as they expect massive losses from loan defaults, sending their profits nosediving. Wells Fargo’s first-quarter earnings fell a whopping 90% while JPMorgan Chase’s profit dropped 70%. Bank of America...
Billions in Crypto 'Dry Powder' On Exchanges Ahead of Bitcoin's Next Move
17.4.2020
With the stablecoin market remaining at record-high levels for well over a month, more analysts are taking it as a sign that crypto traders have not given up on higher prices, but are simply waiting for an opportunity to enter bitcoin and other digital assets once again.
As reported, many crypto...
Recent Class Action Lawsuit Could Cost Binance Billions of Dollars
10.4.2020
Could past compliance missteps lead to the eventual downfall of Binance?