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‘Financial Inclusion’ — A Buzzword for Central Banks Who Secretly Despise Economic Freedom
27.11.2021
The World Economic Forum (WEF) has released its latest report on “digital currency governance” this month, addressing stablecoins, cryptocurrencies, and “barriers to financial inclusion.” Like most central banks, regulators, think tanks, and politicians, the...
2021 Crypto Literacy Report Suggests 96% of Americans Fail to Comprehend Basic Crypto Knowledge
26.11.2021
A recent study suggests that 99% of people from Mexico and Brazil and 96% of Americans fail to grasp the basic concepts of cryptocurrencies. Out of all the survey respondents aware of bitcoin, 17% in the U.S., 15% in Brazil, and 14% in Mexico own the crypto asset. The report published...
Hackers can use compromised Google Cloud accounts to install mining software in under 30 seconds: report
26.11.2021
The report said the actors usually gained access to Cloud accounts because of “poor customer security practices” or “vulnerable third-party software.”
Report claims each Solana TX uses less energy than 2 Google searches
26.11.2021
The report also found that a transaction on the Solana blockchain uses 24 times less energy than charging your phone
Bitcoin overtakes Paypal on value transferred, sets sights on Mastercard: Report
26.11.2021
Blockdata’s report suggests that the Bitcoin network could potentially match the dollar value transferred on Mastercard’s network as early as 2026, or as late as 2060
Has Bitcoin solidified support at $58K and what’s going on with the Metaverse boom? | Find out now on The Market Report w/ Michaël van de Poppe.
25.11.2021
“The Market Report” with Cointelegraph is live right now with special guest Michaël van de Poppe, founder and CEO of Eight Global
Russia Gets Bulk of Chinese Mining Machines Amid Miners’ Exodus, Report Reveals
25.11.2021
China’s crackdown on its crypto mining sector, launched earlier this year, caused a massive migration of mining enterprises to friendlier jurisdictions. Miners have been moving enormous amount of coin minting hardware to new bases around the world, with Russia reportedly taking the largest...
The Metaverse is a $1T opportunity after users increase 10X: Grayscale report
25.11.2021
According to a new report from Grayscale, the rate of active Metaverse users increased by 10X between the start of 2020 and June 2021
Report: North Korean Man Sentenced To Death For Smuggling Copies Of Squid Game
24.11.2021
Last week, Radio Free Asia reported that copies of Squid Game had been smuggled into North Korea on USB drives and SD cards. Now, according to RFA, a man who is said to have smuggled in the show has been sentenced to death by a firing squad. Read more
Report: Amazon Wants To Make A Mass Effect TV Series
24.11.2021
It was first announced all the way back in 2010 that beloved sci-fi series Mass Effect was being turned into a movie. Fast forward 11 years and, uh, no movie.Read more
Central Bank’s Targeting of P2P Crypto Transactions Forces Startup to Quit Nigeria
23.11.2021
The Nigerian startup behind the social payment app for cryptocurrency and fiat, Kurepay, says the Central Bank of Nigeria (CBN)’s current crackdown on crypto entities has forced it to suspend operations in Nigeria. ‘Horrible’ Year for Crypto Adoption According to a report...
Citigroup to Hire 100 People for Its Crypto Division: Report
23.11.2021
Citigroup is reportedly looking to hire 100 people for its new crypto team. “We believe in the potential of blockchain and digital assets including the benefits of efficiency, instant processing, fractionalization, programmability, and transparency.” Citigroup Growing Its Crypto Team...
Report: Nintendo Of America President Says Activision's Harassment Stories Are 'Distressing And Disturbing'
23.11.2021
Activision’s self-serving response to historic allegations of abuse and misogyny in its workplace has been drawing a lot of criticism lately, from shareholders demanding the resignation of CEO Bobby Kotick to staff staging multiple walkouts. Now Nintendo of America has reportedly joined the chorus...
Kenya Central Bank Governor on CBDC: It’s About Getting It Right Rather Than Being First
22.11.2021
The Central Bank of Kenya (CBK) governor, Patrick Njoroge, has said his institution is currently exploring the use of central bank digital currencies (CBDC) to settle cross-border payments. Njoroge however insists the bank’s priority is getting it right rather than being the first....
Finiko Founder Doronin Offers to Testify Against 44 Accomplices at Crypto Pyramid
22.11.2021
Kirill Doronin, mastermind of the Russian crypto Ponzi scheme Finiko, has proposed to testify against dozens of his former associates he claims violated his order to accept only cryptocurrency from investors. The founder of Russia’s largest financial pyramid in modern times has already...
IRS Expects to Seize Billions of Dollars in Cryptocurrency Next Year — More Than $3.5 Billion in Crypto Seized This Year
22.11.2021
The Internal Revenue Service (IRS) has revealed that $3.5 billion in crypto was seized during the fiscal year 2021. This represents 93% of all funds seized by its criminal investigation unit during the same time period. The agency expects to seize billions of dollars more in cryptocurrency next...
Report: Activision CEO Bobby Kotick Will 'Consider' Quitting If He Can't 'Fix' Company's Culture
22.11.2021
Besieged Activision Blizzard CEO Bobby Kotick, who last week was the subject of staff walkouts and shareholder calls for his resignation, has reportedly said he will “consider leaving the company” if he can’t speedily address the harassment issues that have made headlines around the world this...
Nigerian Remittances Rebound as Country Tops Sub Sahara Africa — Sending Costs Still High
21.11.2021
Nigeria is once again Sub Sahara Africa’s biggest recipient of remittances into the region where the money transfers went up by 6.2 percent to $45 billion, a new World Bank report has shown. The Impact of Nigerian Policies on Remittances According to the November 17, 2021 press release, this...
Alabama Securities Regulator Shuts Down 97 Fraudulent Cryptocurrency Trading Websites
20.11.2021
The securities regulator of the U.S. state of Alabama has issued a cease and desist order against Acoin Trading and 96 other cryptocurrency websites. The crypto investment schemes promise “excessive returns,” report “fictitious account values,” and impose...
Report: Activision Took Years To Fire Someone Who Signed Emails '1-800-ALLCOCK'
20.11.2021
A California lawsuit earlier this year alleged sexual harassment, discrimination, and a pervasive “frat boy culture” at Call of Duty publisher Activision Blizzard. At least in one instance, that culture included an employee signing all of his work emails as “1-800-ALLCOCK.” Read more