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Mastermind of Alleged Billion Dollar Spanish Pyramid Scheme Arrested, Faces 16 Year Prison Sentence
23.10.2020
The CEO of Arbistar the Spanish investment company, Santiago Fuentes, has been arrested and arraigned on charges of fraud, belonging to a criminal organization and money laundering. Fuentes, who has been in hiding since September, was arrested at one of his properties in the south of Tenerife....
Novogratz calls PayPal’s Bitcoin news 'the shot heard around the world on Wall Street’
23.10.2020
PayPal coming to crypto is big news for adoption, says the investor
Bitcoin Businesses on the Mend: Report Shows 57% of Crypto Execs Expect the Industry to Accelerate, Companies Are Hiring
23.10.2020
Digital Currency Group (DCG) recently published the firm’s “State of Crypto 2020” report which polls more than 150 portfolio crypto companies. According to the study, 75% of the respondents believe the value of their business has grown this year, while 50% of the startups have...
Grayscale Adds $300 Million in Cryptocurrency Assets Under Management in Just 24 Hours
23.10.2020
Grayscale Investments said Thursday that it added $300 million in net assets under management (AUM) in just the last 24 hours. ■ The firm now has a record $7.3 billion in total AUM, according to a tweet by Barry Silbert, chief executive officer of the Digital Currency Group, Grayscale’s...
Prediction Markets Say Trump Won the Election Debate - but Barely
23.10.2020
Donal Trump (on the left) and Joe Biden (on the right) during the debate. Source: a video screenshot, Youtube, CNBC Television
Even prediction markets seemingly don't know what to make of last night's face-off between US President Donald Trump and his challenger for the upcoming election,...
Weekly P2P Volume Up USD 64M in 5 Years, Fuelled by Gift Card Purchases
23.10.2020
Global peer-to-peer (P2P) crypto trading volume has seen huge developments in the past five years, growing by more than USD 60m, with a significant driver being Paxful exchange, whose users are keen on using gift cards as the preferred payment solution on the platform, states the latest research...
Yearnify Finance (YFY) Next Generation Decentralized Finance Project, Token Pre-sale is Now Live
23.10.2020
PRESS RELEASE. Yearnify Finance is a community-centered DeFi-project, modeled to take the successful features of Yearn Finance (YFI), and improve upon them, we aim to bring the true value of yield farming finance accessible to all users, we offer the most secure and simple way to earn reliable...
Russian Public Officials Must Now Declare Their Crypto Holdings as Income
23.10.2020
Public officials in Russia will now be required to declare all the crypto assets they hold as income. The measures are with effect from Jan. 1, 2021, local media reported. Russia’s prosecutor general Igor Krasnov declared: “Starting next year, civil servants will be required to declare...
Bitcoin Consolidates While Altcoins Continue To Rise
23.10.2020
Yesterday, we saw a sharp rise in bitcoin price above the USD 12,500 and USD 13,000 resistance levels. BTC even spiked towards USD 13,250 before starting a downside correction. The price is currently (05:00 UTC) consolidating gains, with many supports such as USD 12,800 and USD 12,650.
Also, most...
PayPal In M&A Talks With Wrapped Bitcoin Custodian BitGo - Report
23.10.2020
Mike Belshe, Co-founder and CEO of BitGo. Source: a video screenshot, Youtube/Bloomberg
It seems that online payments giant PayPal has bigger plans in the Cryptoverse. Within weeks, the company could reach a deal to buy US-based major crypto custodian BitGo, Bloomberg reported, citing undisclosed...
8 Countries Stricken With Rampant Inflation See Bitcoin Prices Touch All-Time Highs
23.10.2020
The price of bitcoin touched new highs in 2020 and a number of supporters are optimistic that the crypto asset’s value will drive higher. In addition to this year’s bitcoin price high, around eight different countries have seen bitcoin touch all-time highs (ATH) in their local currency....
P2P Trading Resumes on Okex While Withdrawals Freeze Still in Effect: Tron Foundation Announces Cashout Plan for TRX Holders
23.10.2020
Asian cryptocurrency exchange Okex says peer to peer trading is now open but the freeze on withdrawals remains in effect. In an update, Okex CEO Jay Hao reveals that buying cryptocurrency via the fiat gateway is now active as well but he fails to give a timeframe for the resumption of withdrawals....
Price Increase Drives 98% of Bitcoin Holders Into a State of Profit
22.10.2020
The price of bitcoin jumped significantly on Wednesday after the payment processor Paypal announced cryptocurrency support. The jump in value has pushed a large number of bitcoin holders into a state of profit, according to Glassnode “percent of UTXOs in profit” statistics. Based on...
Multilotto: Play Transparent Online Lotteries With Equal Opportunities for Every Player
22.10.2020
When you hear about gambling, you’ll remember some fancy Casino resorts in Las Vegas and Macau or some local brokers in your street. The gambling system has evolved beyond the traditional houses to online gambling. Online gambling is valued at US$ 46 billion, and it is projected to around...
Legendary Investor Paul Tudor Jones Gives More Likes to Bitcoin
22.10.2020
Legendary hedge fund manager Paul Tudor Jones now claims he likes bitcoin (BTC) even more than when he decided to invest in this most popular cryptocurrency.
“I think we are in the first inning of bitcoin and it’s got a long way to go,” Jones said on CNBC’s "Squawk Box" on Thursday....
‘Bitcoin’s No Longer Optional’ — What Investors Say About Paypal Launching Crypto Services
22.10.2020
Paypal launching cryptocurrency services has given crypto investors much to think about. While many crypto users view the news as extremely bullish, some point out several areas of concern bitcoin investors should be aware of. ‘Every Major Bank Is Having a Meeting About How To Support...
No Anti-Blockchain Voices in Russian Government, Says Policy Chief
22.10.2020
The head of the Russian parliament’s financial markets committee Anatoly Aksakov said there are “no anti-blockchain voices in the government,” major industry players remain crypto-keen – and believes that a “cryptoruble” pilot will begin next year.
Per media outlet RBC, Aksakov – the chief...
Police in Latvia Thwart Brutal Crypto Theft and Murder Plot
22.10.2020
Police in Latvia said they have intercepted a gruesome kidnap and murder attempt on two people, at least once of whom has significant cryptoasset holdings – and torture at least one victim into revealing their private keys and other details.
Per an official release from the Latvian police service...
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...
Last Chance to Get Staked $750+ Million HEX Payout November 19th, 2020
22.10.2020
HEX.COM – The First High Interest Blockchain Certificate of Deposit – has outperformed every asset in 2020. Ranked Top 20 by Nomics (BTI verified #1 in Market Data Integrity), over $240 Million HEX are in active stakes paying a variable 28% APY. The average stake length is 5 years;...