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Localbitcoins User Pleads Guilty to Running Unlicensed Crypto Business — Faces Up to 5 Years in Prison
5.6.2022
A cryptocurrency trader has been convicted in the U.S. for operating an unlicensed money-transmitting business using Localbitcoins and Paxful. He faces up to five years in federal prison and a possible $250,000 maximum fine. Crypto Trader Pleads Guilty The U.S. Department of Justice (DOJ) continues...
UAE Charitable Foundation Receives Approval to Accept Crypto Donations
5.6.2022
Al Jalila Foundation, the United Arab Emirates charitable organization, recently announced that it has been given permission to accept cryptocurrency donations. Accepting cryptocurrencies makes it possible for the foundation to receive funding via what is described as one of the fastest-growing...
Crypto Biz: Helicopter CBDC money rains on Shenzhen, May 26—June 1
3.6.2022
China's advanced CBDC strategy sees digital yuan airdropped to thousands of people. Meanwhile, Binance Labs raised $500 million for a new Web3 fund
Terra 2.0: A crypto project built on the ruins of $40 billion in investors' money
3.6.2022
Terra 2.0 launced with the promise of helping to retrieve lost funds, but early indicators suggest launching a new token to compensate for the failure of another is a bad idea
Consensus 2022 Visitor Guide: CBDCs and Public Money
2.6.2022
Central bank digital currencies, including a possible digital dollar, remain a hot-button topic in the crypto world. Here’s a rundown of our top choices for attendees interested in government and money at this year’s Consensus Festival in Austin, Texas
How to Make Money From the Crypto Backlash
1.6.2022
Welcome to the hype-disappointment-devastation-education-conviction-hype cycle
40% of Surveyed Lower-income Individuals Want to Use Bitcoin - Not to Make Money
1.6.2022
A report from Jack Dorsey’s Block, Inc. (formerly Square) has concluded that bitcoin (BTC) will play an increasingly large role in the payment and remittance sectors – and that the more people’s peers own BTC, the more likely they are to invest....
Read More: 40% of Surveyed Lower-income...
Kazakhstan Makes $1.5 Million From Crypto Mining Sector in Q1
1.6.2022
The government of Kazakhstan has collected $1.5 million from crypto miners in the first quarter of this year, official data shows. The money comes from a fee charged on the electricity spent to mint digital currencies, which was introduced in January. Crypto Mining Increases Budget Revenues...
Fed money printer goes into reverse: What does it mean for crypto?
1.6.2022
What will happen to the crypto markets when quantitative tightening takes full effect and the Federal Reserve shelves the money printer?
Former CEO of Crypto Exchange Wex Dmitry Vasiliev Reportedly Detained in Croatia
1.6.2022
Dmitry Vasiliev, co-owner and former chief executive of the now defunct Russian crypto exchange Wex, has been arrested upon entering Croatia, local media reported. The crypto entrepreneur is wanted by Kazakhstan where he is accused of stealing money from an investor. Wex Executive Vasiliev...
Bexplus Is a Crypto Exchange With Unique Copy Trading and Demo Account You Can Trust
1.6.2022
PRESS RELEASE. Bexplus Exchange is a leading crypto derivatives trading platform offering 100x leverage futures trading on a variety of trading pairs – BTC, ETH, ADA, XRP, DOGE, etc. Bexplus doesn’t require KYC and is trusted by over two million traders from over 200 countries/regions...
MoneyGram to open transfer platform with Stellar, eyes wallet deal in El Salvador
30.5.2022
MoneyGram CEO Alex Holmes said the international remittances stalwart wants to be a bridge between the crypto and fiat worlds
‘Big Short’ Investor Michael Burry Warns of Looming Consumer Recession, More Earnings Trouble
30.5.2022
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, has warned of a looming consumer recession and more earnings trouble. He cited falling U.S. personal savings and record-setting revolving credit card debt despite trillions of dollars in stimulus money. Michael...
Crypto Biz: Smart Money is betting big on Web3, layer 2, May 19-25
27.5.2022
Despite the apparent bear market in digital assets, venture capital continues to allocate billions to crypto and blockchain startups
After Defaulting Sri Lanka Plans to Print $2.8 Billion Worth of Rupees, Inflation Rate Expected to Top 40%
27.5.2022
The government in crisis-stricken Sri Lanka has said it will print more money and cut spending on infrastructure as part of an attempt to pacify the restive population. The government, however, concedes that printing more money will likely see the inflation rate rise to 40%. Printing More Money...
Billionaire Bill Miller calls Bitcoin 'insurance' against financial catastrophe
27.5.2022
Miller said Bitcoin “functioned without the Fed and without any interference” during times of market turmoil, concluding that “it’s an insurance policy, the way I look at it.”
Sony’s Not Phasing Out PS4 For A Couple Years—It’s Still Raking In Money
26.5.2022
In a financial call yesterday, Sony told investors that no first-party games will be released on the PlayStation 4 in 2025, showing Sony is finally preparing to leave its legacy platform entirely and switch fully over to the PS5. But there are a few barriers to a more aggressive transition to...
The New Ways of Making Money in the Metaverse
25.5.2022
Why Is South Korea Throwing Money at the Metaverse?
25.5.2022
South Korea has emerged as a global technology powerhouse in recent decades, giving rise to industry giants like Samsung, LG and Hyundai. If the country’s government gets its way, a metaverse company could be the next big thing to ride the Korean wave
Get Real, Lagarde — The Underlying Asset ‘Guaranteeing’ Your Euro Scam Coin Is a Gun
24.5.2022
With the approaching tsunami of central bank digital currencies (CBDCs) looming ever closer, it shouldn’t come as a surprise when central banks shill their coins at the expense of sounder assets. Recently, European Central Bank president Christine Lagarde went so far as to say that...