Search
National Bank of Ukraine releases draft concept for digital hryvnia
29.11.2022
One of the design options for the Ukrainian CBDC describes the e-hryvnia available for usage in crypto exchange operations
Call Of Duty Money Glitch Is Making DMZ Players Unfairly Rich
28.11.2022
To say the in-game economy of Call of Duty’s DMZ mode is funny is an understatement. $40 bucks for a roll of tape? A picture of a dog for $10? $100 for soothing hand cream? (watch out, Sephora). A recently discovered glitch, however, is flooding players’ backpacks with substantial amounts...
Terra Supporters Hope to ‘Defy the Odds’ by Pumping the Now-Defunct Stablecoin USTC Back to $1 Parity
28.11.2022
It’s been six months since Terra’s algorithmic stablecoin UST (now USTC) depegged from the U.S. dollar and the price has remained depegged from the greenback since May 9, 2022. Currently, the former stablecoin is exchanging hands for $0.02 per unit, but a number of Terra Classic supporters believe...
Argentina to Revamp Anti Money Laundering Law, Proposes Creation of VASP Registry
28.11.2022
Argentina is preparing to revamp its anti-money laundering and terrorism financing law. It has proposed to include the creation of a registry for virtual asset services providers (VASPs) in the country as part of the new modifications. The changes would prepare the country for the review that...
Putin Calls for International Settlements Based on Blockchain and Digital Currencies
27.11.2022
Russian President Vladimir Putin believes a new system for international money transfers is needed to reduce dependence on big banks and third parties. He is convinced that cross-border payments relying on digital currency and distributed ledger technology will be “much more convenient.” Russia’s...
10,000 Bitcoin Withdrawn From Wallet of Defunct Crypto Exchange Wex, Former BTC-e
26.11.2022
A large amount of cryptocurrency kept in a wallet associated with crypto exchange Wex, successor of the infamous trading platform run by alleged money launderer Alexander Vinnik, has moved for the first time since 2017. The 10,000 bitcoins in question, worth over $165 million, have been transferred...
US Seizes Domains Used in ‘Pig Butchering’ Crypto Scam
24.11.2022
U.S. authorities have seized seven domains used in “pig butchering” cryptocurrency schemes. “Once the money is sent to the fake investment app, the scammer vanishes, taking all the money with them, often resulting in significant losses for the victim,” the Department...
Tornado Cash Developer Faces Money Laundering Charges, To Remain in Jail Until At Least February
23.11.2022
Tornado Cash developer Alexsey Pertsev will remain in jail for another three months after being charged with money laundering allegations for the development of the mixing service.
Pertsev, who has been held in detention for the past 100 days, was arrested by Dutch authorities over alleged...
A 'Substantial Amount' of Money is Missing Says FTX Lawyer – Is it Missing or Has it Been Stolen?
23.11.2022
A “substantial amount” of the failed crypto exchange FTX’s assets are either missing or have been stolen, said the exchange’s lawyer in court.
According to the Wall Street Journal, this statement was made by said James Bromley, counsel to FTX’s new management, during a bankruptcy hearing...
Hong Kong believes stablecoin volatility can spillover to traditional finance
22.11.2022
According to Hong Kong’s central bank, the interconnection of crypto assets has made the crypto ecosystem more vulnerable to systematic shocks
HashFlare founders arrested in 'astounding' $575M crypto fraud scheme
22.11.2022
The HashFlare founders have been charged for their alleged involvement in a crypto fraud and money laundering conspiracy
Financial Guru Dave Ramsey Weighs in on FTX Collapse — Reiterates His Crypto Warning
20.11.2022
Personal finance guru Dave Ramsey has weighed in on the collapse of cryptocurrency exchange FTX. “I told you so,” he repeatedly said, reiterating his long-standing advice that investors should not put money into crypto. Dave Ramsey on Bitcoin, Crypto, and the FTX Collapse Personal...
New York Fed and 9 Major Banks to Test ‘Interoperable Network of Central Bank Wholesale Digital Money’
19.11.2022
Nine major financial institutions and the Federal Reserve Bank of New York have started to experiment with a digital dollar proof of concept to see if distributed ledger technology can improve settlement between central banks, commercial banks, and regulated non-banks. The New York Fed details that...
How to Make Money With Bitcoin: 7 Ways That Actually Work
19.11.2022
Most people who first hear about Bitcoin usually want to know how to make money with bitcoin. While bitcoin is a digital currency as well as a store of value asset, it also enables individuals to make money with it.
Read on to discover seven ways you can make money with bitcoin (that actually...
Binance CEO CZ begins working on Vitalik Buterin's ‘safe CEX’ ideas
19.11.2022
While long-term solutions will need the involvement of multisig and social recovery wallets, Buterin pointed out two alternatives for the short-term — custodial and non-custodial exchanges
Here’s How Some FTX Account Holders Can Get Their Money Back – But Time Is Running Out
18.11.2022
British computer scientist Joshua Browder discusses how institutional investors can file “Schedule E” claims in a bid to recover their funds from the beleaguered exchange
If You Lost Money on FTX, You May See Some Tax Relief
18.11.2022
What you need to know for your 2022 tax filing if you lost money or used the FTX crypto exchange
Turkey’s Financial Intelligence Unit Launches Investigation Into FTX Collapse
16.11.2022
The Turkish agency responsible for tackling money-related crime has initiated an investigation against troubled crypto exchange FTX. Days after the trading platform filed for bankruptcy in the United States, the department revealed it has been tracking its activities in Turkey. Turkish Financial...
Japan’s Run for Money to be converted to an NFT game
16.11.2022
Run for Money, a game variety show produced in Japan and regarded as the country’s most popular is now airing on Fuji Television. According to plans for the near future, this will be transformed into a version of a game based on NFTs. Run for Money, by the way, has been broadcast since 2004....
BudBlockz presale doubles investors’ money: Is it the next STEPN?
15.11.2022
STEPN successfully united fitness and gaming with non-fungible tokens (NFT). BudBlockz looks like it could be following in its footsteps, as it is expected to make waves in the marijuana industry. Cryptocurrencies have been around for a while, and thousands of them are in the market. Dozens of...