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Microsoft President Says the World Is Best Served When Currencies Are Issued and Backed by Governments
25.3.2021
Microsoft President Brad Smith says that “The world is best served when currencies are issued, backed by and regulated by governments.” He further emphasized that he is not a fan of encouraging the private sector to issue digital currencies. Microsoft’s President Says Currency...
JMP Securities Expects $1.5 Trillion to Flow Into Bitcoin as Retail Wealth Management Industry Follows Morgan Stanley to Offer BTC to Clients
24.3.2021
JMP Securities has predicted that “$1.5 trillion of incremental capital” could flow into bitcoin, an amount greater than the cryptocurrency’s current market cap. The firm sees more wealth management companies following Morgan Stanley’s example to offer bitcoin to their...
Blockchain.com Raises $300 Million, Firm’s Post-Money Valuation Now $5.2 Billion
24.3.2021
The crypto financial services provider Blockchain.com revealed on Wednesday that the company has raised $300 million in a financing round. Blockchain.com’s latest funding round follows the $120 million raise the company obtained last month. Blockchain.com Is Now Valued at $5.2 Billion...
New FATF Guidance Applies Regulatory Standards to Decentralized Exchanges, Defi and NFTs
24.3.2021
On March 19, the Financial Action Task Force (FATF) published draft guidance on the risk-based approach to virtual assets. The newly updated guidance now applies anti-money laundering and know-your-customer rules to stablecoins, decentralized finance (defi), and non-fungible token (NFT) assets....
Russia's money laundering watchdog monitoring crypto to ruble transactions
24.3.2021
Rosfinmonitoring has informed the Russian parliament that it is paying close attention to transactions involving the conversion of crypto to rubles
Mad Money’s Jim Cramer Says Gold Let Him Down, Put 5% in Bitcoin
23.3.2021
Mad Money host Jim Cramer, a long-term gold proponent, says that gold has let him down. He has become more bullish on bitcoin, advising investors to put 5% of their portfolios in the cryptocurrency to protect their assets. Jim Cramer Reduces Gold Holdings, Increases Bitcoin Allocation In...
Bitcoin made me a 'ton of money' unlike stocks and gold — Jim Cramer
23.3.2021
The CNBC host publicly thanks Anthony Pompliano after he made serious returns on a $500,000 BTC investment
US Authorities Indict a Canadian Telecom Provider in a Crypto Money Laundering Case With Encrypted Phones
23.3.2021
A communications provider is in legal trouble with the U.S. authorities for a money laundering case involving cryptocurrencies. A federal court incited Sky Global for allegedly having facilitated criminal organizations to launder millions worth in crypto. Sky Global Is Also Accused of Remotely...
Genshin Impact Won't Let Me Spend Money Anymore, And I'm Finally Free
22.3.2021
I have a complicated relationship with Genshin Impact. I adore its vast, lovingly handcrafted world and charming characters. I hate how its intertwining systems whisper to me in a million different voices: “Spend money.” But there’s no denying that the system works; to date, I’ve probably spent...
China’s digital yuan will offer best privacy protection, says official
22.3.2021
The People’s Bank of China intends to enable anonymous digital yuan transactions of small amounts in order to protect “reasonable” anonymity needs
Video Game Companies Keep Coming Up With New Ways To Take Our Money
19.3.2021
Video games are expensive. They have been expensive for a very long time, and they keep getting more expensive. To an extent, it makes sense: Game developers need to eat! But after a certain point, it gets excessive. Loot boxes, gacha, and now NFTs are signs of that excess. On this week’s...
Harris Poll Data Shows 1 in 10 Americans Will Use Stimulus Checks to Buy Bitcoin and Ethereum
18.3.2021
Following the recently published survey by Mizuho Securities that estimates roughly $24 billion from the $380 billion in direct stimulus checks will go toward bitcoin, a Harris Poll was released that estimates around 1 in 10 Americans have used stimulus checks to invest in cryptocurrencies like...
Irish crypto firms will impose Anti Money Laundering ID checks from April
18.3.2021
Irish companies operating with crypto, and the firms servicing them, will have to adhere to AML and CFT for the first time starting next month
Bitmex Cofounder Ben Delo Surrenders to US Authorities— Arthur Hayes to Follow in April
17.3.2021
Legal issues with crypto exchange Bitmex’s cofounders still make the headlines. Benjamin Delo surrendered to the U.S. authorities, and Arthur Hayes agreed to make the same maneuver in April. Delo Released on a $20M Bail Bond According to Bloomberg, Bitmex’s cofounder Benjamin Delo...
Tesla may have made more money holding Bitcoin than selling cars
17.3.2021
Tesla’s unrealized profit from “hodling” Bitcoin could be the equivalent of upscaling the company’s daily car sales by over 860%
Mizuho Bank Survey Says $24 Billion in US Stimulus Checks May Be Used to Buy Bitcoin
16.3.2021
On March 15, 2021, Mizuho Securities Co., a firm wholly-owned subsidiary of Mizuho Financial Group, revealed the findings of a new survey that says a great deal of stimulus money will find its way into stock markets and the cryptocurrency economy. Participants in Mizuho’s survey made less...
Phishing attack uses PancakeSwap and Cream domains to steal money
15.3.2021
Two BSC-based projects have been attacked by replacing their websites with a malicious interface
Money Reimagined: Why Quantitative Easing Is Here to Stay
12.3.2021
The U.S. dollar’s reserve currency status, usually seen as a source of American might, is now hindering the Federal Reserve’s monetary sovereignty
Funny money: Brooklyn 99 star launches own social currency
12.3.2021
Brooklyn 99 star Terry Crews is launching his own cryptocurrency, $POWER, where people can own a piece of him and spend it at the local grocery store
100% in Bitcoin: Gold Bug Peter Schiff’s Son Goes All-in on BTC
12.3.2021
Gold bug Peter Schiff has revealed that his son, Spencer Schiff, has gone all-in on bitcoin. Calling his son “brainwashed” for buying so much of the cryptocurrency, Schiff added that he may need to “disinherit” his son to avoid the youngster burning through his hard-earned...