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Chainalysis Launches Program to Store and Sell Seized Crypto Assets for Governments
13.11.2020
The blockchain intelligence and surveillance company Chainalysis revealed the launch of a new program that aims to help governments and insolvency practitioners sell seized cryptocurrencies. The news follows the recent U.S. government seizure of more than 69,000 BTC worth over $1 billion...
Crypto Recovery Lawyer David Silver Joins Coinfirm’s US Board
12.11.2020
The noted attorney will help defrauded investors recover their wrongfully taken cryptocurrencies as a member of Coinfirm's board in the U.S
Kucoin Recovers 84% of Funds Stolen in $280 Million Hack
11.11.2020
Kucoin chief executive officer Johnny Lyu revealed Wednesday that the exchange recovered 84%, or $235 million, of the $280 million stolen in one of crypto industry’s biggest hacks in September. In a tweet, Lyu said the affected funds have been recovered “via approaches like on-chain...
Covid-19: IMF Urges More Stimulus Support For Non-Contact Intensive Businesses
4.11.2020
The International Monetary Fund (IMF) is encouraging countries to create money to mitigate the effects of lockdown restrictions on economies. Specifically, the international lender wants businesses and workers displaced by the pandemic related responses to get financial support as they adjust their...
Mirage Recovery: What ‘Record’ GDP Growth Tells Us About the Economy
29.10.2020
The Department of Commerce’s new report shows 33.1% annualized GDP growth in Q3, but does this really tell us much about the state of the economy?
CipherTrace gives officials tips on how to uncover criminals' crypto caches
14.10.2020
CipherTrace has published comprehensive guidance intended to help law enforcement identify signs of crypto usage when conducting investigations
The OECD Wants to Tax Your Crypto to Pay for COVID-19 Recovery Efforts
13.10.2020
Source: Adobe/Johanna Mühlbauer
The Organization for Economic Cooperation and Development (OECD) is looking to push its members to adopt crypto tax frameworks.
Per a new OECD report, the organization said it wants to promote transparency in all transactions involving cryptoassets, ensuring revenues...
Fed Chairman Claims ‘Now Is Not the Time’ to Worry About the Federal Budget
7.10.2020
According to the Federal Reserve Chairman, Jerome Powell, the road to economic recovery is far from over and the Covid-19 pandemic has fueled the tragedy. During his speech at the National Association for Business Economics annual meeting, Powell highlighted that the federal budget was essentially...
Australia to Spend $575M on Tech Including Blockchain to Boost Pandemic Recovery
1.10.2020
The investment comes as Australia attempts to make a recovery from the recession brought by the COVID-19 pandemic
Energi Implements EBI Recovery Tool to Reduce Cybercrime by 70%
29.9.2020
Cybercrime is the greatest threat to digitization, which prevents technology from growing further. To combat these emerging cybercrime threats, Energi, a versatile blockchain network that combines Ethereum compatible smart chain networks, a self-funding treasury, on-chain governance, and a robust...
Bitcoin and Altcoins Recovery Reaches Inflection Zone
25.9.2020
Bitcoin price remained stable above USD 10,200 and started a steady recovery wave. BTC broke a major resistance near USD 10,550 to start the current wave. However, the price struggled near the inflection zone at USD 10,800 and it is currently (08:30 UTC) consolidating above USD 10,600.
Similarly...
Bitcoin and Altcoins Recovery Could Face Hurdles
23.9.2020
Bitcoin price found support near the USD 10,300 level and started consolidating losses. BTC could recover in the short-term, but upsides might remain capped near USD 10,550 or USD 10,650. The price is currently (08:30 UTC) stuck in a range and preparing for the next move.
Similarly, most major...
Travala.com Enters China’s Fast-Recovering Travel Market
17.9.2020
"In China, the recovery is happening now and very fast,” said Travala.com CEO Juan Otero
V-Shaped Recovery From Bitcoin’s Biggest Drop Since March Unlikely, Say Analysts
4.9.2020
Despite a slight bounce Friday morning, some analysts don't expect bitcoin to chart a quick recovery from the double-digit price drop over the last two days
Nigeria Foreign Exchange Crisis: Worsening US Dollar Shortages Point to Further Devaluation
2.9.2020
Pressure on Nigeria’s current exchange rate is likely to get worse in 2021, when the expected recovery of imports is set to force another devaluation of the local currency to N430/$ next year, according to two Bank of America analysts. Earlier rate adjustments, one in March and another...
Bitcoin and Altcoins Show Recovery Signs But Facing Roadblocks
27.8.2020
Bitcoin price is still holding the USD 11,100 and USD 11,000 support levels. BTC is currently (08:30 UTC) recovering higher, but it is facing a strong hurdle near USD 11,500 and USD 11,550. If there is no upside break above USD 11,550, the price could resume its decline.
Similarly, most major...
People Aren’t Buying the ‘Great American Recovery’ Narrative
22.8.2020
Despite the stock market returning to all-time highs, many can’t shake the feeling that all is not well in the economy
S&P5 vs. S&P 500: The Real Story of the Stock Market Recovery
19.8.2020
The S&P 500 has recovered to hit new all-time highs but how real is it, and how are leading finance minds interpreting the recovery?
Bitfinex Offers $400 Million in Rewards to Get Back 120,000 Stolen Bitcoins
5.8.2020
Cryptocurrency exchange Bitfinex is offering rewards of up to $400 million to the hackers who stole almost 120,000 bitcoins from its platform in 2016 as well as anyone putting it in touch with the hackers. Up to $400 Million Reward for the Recovery of Stolen Bitcoins Bitfinex announced on Tuesday...
Bitcoin’s Realized Price Action Shows Full Recovery From Black Thursday Crash
28.7.2020
The realized price of Bitcoin that flipped around Black Thursday has fully recovered currently standing at almost double of the market price