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Crypto’s phoenix moment: Rising stronger amidst scandals and volatility
31.10.2023
Despite the remaining challenges and uncertainties, there emerges a guarded optimism enveloping the sector, symbolizing its resilience and adaptive nature
New Book Reveals Central Banks’ Role in Libor and Euribor Rate-Rigging Scandals
22.5.2023
According to an extract from a book called “Rigged,” central banks and global policymakers helped coordinate the rate-rigging scandals Libor and Euribor on a large scale. Written by Andy Verity, the book exposes how various central banks and politicians exerted pressure on banks during the Great...
Despite Scandals, Vince McMahon Will Be Playable In WWE 2K23
16.3.2023
According to a report from Axios, Vince McMahon will be a playable character in WWE’s upcoming video game, WWE 2K23. This news comes after the former WWE CEO’s scandal-riddled retirement last year, when The Wall Street Journal unearthed that McMahon paid four women $12 million in “hush money” over...
Southeast Asia’s Largest Bank DBS Sees 80% Increase in Bitcoin Trading Volume on Its Crypto Exchange
20.2.2023
The largest bank in Southeast Asia, DBS, has revealed that bitcoin trading volume on its cryptocurrency exchange jumped 80% in 2022 while ether trading volume surged 65%. “We believe that the market has decisively shifted its focus towards trust and stability, especially in the wake...
What Netflix’s QuadrigaCX Documentary Gets Right – and Wrong – About One of Crypto’s Worst Scandals
31.3.2022
Is “Trust No One: The Hunt for the Crypto King” worth watching? Two CoinDesk staffers watched the film and came away with different conclusions
Counter-Strike: Global Offensive Update Will Track Coaches To Prevent More Cheating Scandals
28.5.2021
Valve released a new update for Counter-Strike: Global Offensive that addresses a coaching scandal that rocked the game’s professional scene last year.Read more
Goldman Sachs to Settle Massive Corruption Case for $2.8 Billion With US Government
22.10.2020
Goldman Sachs has reportedly agreed to settle with the U.S. government over its role in a corrupt Malaysian government investment fund, which is one of the firm’s worst scandals since the financial crisis. In addition, Goldman Sachs previously agreed to pay the Malaysian government billions...
Blockchain can shield banks from billion-dollar trade finance scandals, says exec
4.9.2020
Blockchain can help the trade finance industry prevent billion-dollar scandals and ease trade financing, says expert
Orchid: Bringing Decentralization to VPNs
5.8.2020
Whenever we browse the web, read news online, or purchase a new pair of glasses from an e-commerce store, we leave traces. These traces sometimes show us content that actually provides us with value, but more often the information we leave is used in concerning ways with scandals like Cambridge...
‘Casino Jack’ Abramoff Charged in AML Bitcoin Cryptocurrency Fraud Case, Could Return to Prison
27.6.2020
Jack Abramoff, the lobbyist behind one of the biggest Washington lobbying scandals as portrayed in the feature film Casino Jack, has been charged in connection with AML bitcoin cryptocurrency. He faces returning to jail after previously serving three and a half years in prison. Jack Abramoff...
Hot Scandals, Business Giants, Halvation and 20 Crypto Jokes
9.5.2020
It was a fun, pre-halving week. Coinbase analyst said that we shouldn't count on banks to invest in crypto, and options traders appear to be skeptical about current ETH price. Business giants join a new consortium to help firms ‘manage digital assets’, Blockstream updated their BTC satelite...
Australia Probes Big Four Bank Accused of 23 Million Money Laundering Breaches
18.12.2019
With stricter new regulations on the horizon for the crypto space around the world, Australians have found that it’s actually their traditional financial institutions that have been breaching well-established anti-money laundering rules and other industry standards this year. Westpac, one...
Big Banks, Big Troubles: HSBC, Deutsche, Societe, and Citi Lay Off Thousands Worldwide
9.8.2019
Banking giants are in trouble and it’s starting to show. Key players in the industry have already announced massive job cuts and executives with hefty salaries have been dismissed. HSBC, the largest bank in Europe, has revealed it plans to lay off over 4,000 employees and Citigroup...
Deutsche Bank Collapse Could Crash Global Financial Markets
21.7.2019
German financial services giant Deutsche Bank AG is one of the largest and most important economic institutions in the world. Mainly due to self-imposed scandals, the bank is now having to taking drastic measures to stay afloat. Investors everywhere should note that if such a critical piece of...
Money Laundering Scandals Bring Court Charges and Record Job Cuts to Euro Banks
9.7.2019
The international financial establishment is known to express concern about the risks of money laundering when the crypto space is mentioned. A string of scandals indicates, however, that traditional banks are not only susceptible to the phenomenon but sometimes complicit, whether knowingly...