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Nalezeno "Q3 report": 5523

Report: IMF Says Central African Republic’s Bitcoin Adoption Poses Risks


The International Money Fund (IMF) has added its voice to institutions and parties criticizing the Central African Republic (CAR)’s decision to adopt bitcoin. The IMF insists the adoption poses legal economic challenges not only to the country but to the region as well. CAR’s Bitcoin...

Finder’s Fintech Specialists Predict XRP Jumping to $2.55 by December 2022


On May 4, the product comparison platform finder․com published a ripple price prediction report that polls 36 fintech specialists. According to findings stemming from the participating panelists, ripple could jump to $2.55 per unit by December 2022. However, the prediction relies on Ripple...

Elon Musk May Launch Twitter IPO After Takeover - Report


  As Elon Musk is advancing his plan to buy Twitter in a deal valued at some USD 44bn, the Tesla CEO has reportedly told potential investors that the social platform could be returned to public ownership after a few years. Musk declared that he intended to launch Twitter’s initial public offering...

Report: Two South Koreans Paid in Bitcoin to Spy for North Korea


South Korean law enforcement recently announced the arrest of a serving military captain and an operator of a cryptocurrency exchange on charges of spying for a North Korean hacker. In return for the acts of espionage, the two South Korean individuals were allegedly paid bitcoins worth a total...

Weiss Ratings Report Claims Crypto-Backed Home Loans Spell Trouble


A report published on May 2 by the rating agency Weiss Ratings warns that crypto-backed mortgages “spell risk.” Weiss editor Jon D. Markman said backing a mortgage with crypto is an “interesting strategy,” but stressed that during these market conditions...

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