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Social Media Users Deride China’s Reported Use of Military Tanks to Intimidate Protesting Bank Customers
23.7.2022
Social media users have slammed China’s reported use of military tanks to intimidate bank customers protesting against the freezing of their savings. Some users claimed the deployment of military tanks exposes the country’s underlying economic problems. Crypto proponents see the issue...
Three Arrows Capital Founders Speak After Filing Bankruptcy, Exec Says the ‘Whole Situation Is Regrettable’
22.7.2022
This week the two co-founders of the embattled cryptocurrency hedge fund Three Arrows Capital spoke to Bloomberg about their fund crumbling at the seams. The co-founders Su Zhu and Kyle Davies did not disclose their whereabouts, but a lawyer who monitored the interview noted the duo is located...
GTA Online's Next Update Is One The Biggest In Its Nearly Decade-Long Run
21.7.2022
After some previous teases, Rockstar announced today the Criminal Enterprises update for Grand Theft Auto Online will be released on July 26. This upcoming free update sounds like it will be one of the biggest the game has ever received, with numerous quality of life changes, improvements,...
The ‘godfather of crypto’ risked lifetime in jail, laying foundation for Bitcoin
20.7.2022
FTX's Bankman-Fried Says It’s Worth Losing Money to Prop Up Crypto Industry
19.7.2022
FTX co-founder and CEO Sam Bankman-Fried said he is unbothered by losing a certain amount of money if his bailouts keep the crypto infrastructure humming
US Senator Says Too Many Crypto Firms Are Able to Scam Customers — Urges SEC to Regulate
19.7.2022
U.S. Senator Elizabeth Warren says that “too many crypto firms have been able to scam customers and leave ordinary investors holding the bag while insiders make off with their money.” She stressed the need for stronger rules, urging the Securities and Exchange Commission (SEC)...
Kvůli chybě Fall Guys hráči přicházeli o peníze, technická podpora zklamala
18.7.2022
Víc než padesát milionů lidí, kteří si již nainstalovali populární free 2 play hru Fall Guys, bylo během víkendu vystaveno nepříjemnému problému. Kvůli technické chybě totiž hra automaticky začala utrácet našetřené virtuální peníze za kosmetické doplňky pro hlavní postavu
Accused Bitfinex Bitcoin Money Launderer Granted Permission to ‘Engage in Legitimate Employment’
16.7.2022
On February 8, 2022, the U.S. Department of Justice (DOJ) arrested a couple that is accused of laundering 94,636 bitcoins stolen from Bitfinex in 2016. The DOJ alleges that the tech entrepreneur, Ilya Lichtenstein, and his wife Heather Morgan, conspired to launder billions of dollars worth...
Latest Global Findex Survey: Share of Adult Population with a Bank Account Now 76% — 1.4 Billion Adults Still Unbanked
16.7.2022
Between 2011 and 2021, the share of the world’s adult population that had bank accounts rose from 51% to 76%, the findings of the latest World Bank Global Financial Index survey have shown. About 1.4 billion adults are, however, still unbanked, not having the money or the identification...
Give Us Our Money Back: The Issue With Custodial Wallets and the Implications of Halting Withdrawals on Crypto's Reputation
16.7.2022
Julian Liniger is the co-founder and CEO of Relai, a bitcoin-only exchange founded in Switzerland in 2020.
__________
Having been involved in the crypto and bitcoin (BTC) space for more than five years, I’ve seen how the ups and downs of the market have become the norm.
But recently, things have...
South African Central Bank Now Considers Cryptocurrency to Be a Financial Asset
15.7.2022
The deputy governor of the South African Reserve Bank (SARB) recently said the institution has changed its position on cryptocurrency, and now regards it to be a financial asset which must be regulated as such. The SARB expects to have a cryptocurrency regulatory framework in place by the end...
Russia Considers Jail Time for People Helping Crypto Scammers Launder Proceeds
15.7.2022
The interior ministry of Russia has decided to go after those providing money-laundering services to crypto fraudsters, suggesting they should go to prison. The department wants to introduce criminal liability for the activities of these people, also known as ‘droppers.’...
New PlayStation Rewards Program Can Give You Money For Playing Games, Getting Trophies
14.7.2022
For years, the thrill of nabbing a Platinum trophy on PlayStation has been motivated by one thing: bragging rights. But later this year, once PlayStation rolls out its new loyalty program, you’ll actually reap tangible benefits (read: $$$, kinda).Read more
Bitcoin of America’s Customer Service Is Advancing the Cryptocurrency Industry
14.7.2022
Popular BTM operator, Bitcoin of America, is changing the way we think about the cryptocurrency industry. Bitcoin of America is a virtual currency exchange, registered as a money services business with the United States Department of Treasury (FinCEN)(RegNum). They currently have 2,500 plus Bitcoin...
Blockchain Gaming Publisher Animoca Brands Secures $75M — Firm’s Pre-Money Valuation Rises to $5.9B
12.7.2022
The non-fungible token and blockchain gaming company Animoca Brands has announced the firm has raised $75 million from investors such as Kingsway Capital, Liberty City Ventures, and others. The capital injection of $75 million brings Animoca’s overall pre-money valuation to $5.9 billion....
Binance Failed to Deliver on Money Laundering Prevention Promises: Report
11.7.2022
The world's largest crypto exchange by value traded has been loose on its prevention of money laundering, Reuters reported
‘Wolf of Wall Street’ Jordan Belfort Says He’d Be Shocked if You Didn’t Make Money Investing in Bitcoin Long Term
11.7.2022
Jordan Belfort, aka the Wolf of Wall Street, says if you take a three, four, or five-year horizon, he would be shocked if you didn’t make money investing in bitcoin because the underlying fundamentals are really strong. The Wolf of Wall Street Shares Bitcoin Outlook Jordan Belfort, aka...
Hong Kong to Introduce Licensing for Crypto Platforms Through AML Law
10.7.2022
New legislation tailored to regulate the crypto space in Hong Kong aims to implement a licensing regime for crypto service providers. The respective changes to the region’s anti-money laundering (AML) rules have been submitted to its legislature while a recently published report examines...
Vince McMahon Reportedly Paid Four Women $12 Million To Keep Quiet About Alleged Affairs
8.7.2022
A new report from The Wall Street Journal found that former WWE CEO and chairperson Vince McMahon paid four women $12 million over the past 16 years. That includes the reported $3 million payout to a former WWE employee he had an alleged affair with previously unearthed by The Wall Street Journal....
Report: Nigerian Fintech Giant Flutterwave Accused of Laundering Money, More Than 50 Bank Accounts Frozen
8.7.2022
A Kenyan agency charged with tracing and freezing proceeds of crime said it recently obtained an order giving it the authority to freeze bank accounts belonging to Nigerian fintech Flutterwave. The agency alleges that Flutterwave is not providing merchant services as per claims, but is instead...