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Report: Crypto Market Crash Wipes Millions of Dollars From North Korea’s Kitty of Stolen Cryptocurrencies
1.7.2022
The recent plunge in the value of cryptocurrencies may have wiped out millions from North Korea’s fund comprised of stolen crypto assets. The diminishing value of cryptocurrencies is believed to be affecting Pyongyang’s ability to fund its weapons programs. Stolen Crypto Assets...
FBI Arrests 2 Men Planning ‘Violent’ Robbery of Bitcoin Worth Millions of Dollars — They Face 20 Years in Prison
28.6.2022
The Federal Bureau of Investigation (FBI) has arrested two men who participated “in a violent plan to break into a family’s home in the middle of the night” to steal bitcoin worth tens of millions of dollars,” according to the U.S. Department of Justice. They could go...
How Pionex’s Trading Bots Can Help Manage Risk
27.6.2022
Last month was a crypto rollercoaster. Bill Gates said crypto is based on greater fool theory. The market has lost more than $1 trillion dollars since November, and there are still signs of further damage, including Celsius’ pause on withdrawals. The wild west of finance is clearly...
$1 Million Bounty For Returning Funds Taken From Horizon Bridge
27.6.2022
Harmony Protocol has announced a bounty worth $1 million for returning the funds that were maliciously extracted from Horizon Bridge. Additionally, Harmony Protocol has committed not to advocate criminal charges for returning the funds and sharing exploited information. The announcement was made...
Mark Zuckerberg Expects Billions of People to Use the Metaverse Generating Massive Revenue for Meta
27.6.2022
Mark Zuckerberg, CEO of Meta, formerly Facebook, has shared how the metaverse will be a key part of his business and bring hundreds of billions of dollars in revenue. “Our playbook over time has been build services, try to serve as many people as possible,” said Zuckerberg. Mark...
Litecoin Up by 7%; Will LTC Cross $100 in 2022?
20.6.2022
The founder Charlie Lee launched a new hashing algorithm in the name of Litecoin, which offers faster transactions than Bitcoin. Moreover, it is more scalable and suitable for P2P crypto transactions. Now merchants no longer have to wait an hour for Bitcoin-based transactions and can choose...
The Number of Tethers in Circulation Dropped by Over 12 Billion in 2 Months, USDC Grew by 9%
17.6.2022
During the last two months, the stablecoin tether has been one of the most traded crypto assets swapped against a myriad of digital currencies. 66 days ago on April 11, 2022, tether’s market valuation was over $82 billion with 82,694,361,442 tethers in circulation. Since then, more than...
JPMorgan Wants to Bring Trillions of Dollars of Tokenized Assets to DeFi
11.6.2022
The bank’s recent tokenization of money market funds with BlackRock dovetails nicely with an institutional DeFi project being led by the Monetary Authority of Singapore
Parcel Announces $4 Million Seed Round Led by Framework Ventures
8.6.2022
On June 7, Parcel announced that it had conducted a $4 million seed round with some of the esteemed investors from DeFi and TradFi. The round was led by Framework Ventures and was joined by prominent figures like Sebastian Borget, Santiago Santos, Aaron Wong, and several others. This round is hoped...
Bulgarian Chief Prosecutor Accused of Willfully Failing to Act Against Onecoin Fraudsters
3.6.2022
The legal representative of victims of the Onecoin bitcoin scam operation, Jonathan Levy, has accused the Bulgarian prosecutor of deliberately failing to take action against Onecoin. The lawyer said due to the prosecutor’s inaction, more victims are losing millions of dollars to...
South Korea to Invest $177 Million Directly in Metaverse Platforms
31.5.2022
The government of South Korea has announced it will start investing in metaverse projects directly. More than $177 million dollars will be invested to kickstart national jobs and companies in this field, according to statements made by Lim Hyesook, minister of science and information...
‘Big Short’ Investor Michael Burry Warns of Looming Consumer Recession, More Earnings Trouble
30.5.2022
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, has warned of a looming consumer recession and more earnings trouble. He cited falling U.S. personal savings and record-setting revolving credit card debt despite trillions of dollars in stimulus money. Michael...
Belarus Has Seized Millions of Dollars in Crypto, Chief Investigator Claims
29.5.2022
Authorities in Belarus have mastered the seizure of cryptocurrencies, the head of the country’s Investigative Committee revealed in a recent interview. The high-ranking law enforcement official claims the state has already confiscated crypto assets worth millions of dollars. Companies...
A16z Launches $4.5 Billion Crypto Fund Focused on Web3 Opportunities
28.5.2022
A16z, one of the most influential VC firms in the crypto field, has announced the launch of a new cryptocurrency fund to invest in the development of Web3 startups. This fourth crypto fund from the firm, which will launch with a budget of $4.5 billion dollars, is set to focus on several key fields...
Sam Bankman-Fried could spend up to $1B in 2024 to thwart Trump comeback
25.5.2022
The FTX founder said he’d spend “north of $100 million” with a “soft ceiling” of $1 billion and added “who knows what’s going to happen between now and then.”
Report: BRICS Countries Told to Consider Countering the Dollar’s Global Hegemony
22.5.2022
Chinese experts have called on leaders of BRICS (Brazil, Russia, India, China and South Africa) countries to consider countering the dollar, whose global hegemony is thought to be abusive. Still, the experts concede that any attempt to diminish the dollar’s dominance will take time. BRICS...
A Person From the Philippines Earned $50 a Day in the Simple Children’s Game, Rock Paper Scissors
17.5.2022
The person won over $50 in 10 minutes in the simplest Blockchain game. The player, presumably a Filipino, registered in the crypto game Rock Paper Scissors under the nickname ManilaCity, won and withdraw $50 from the platform. In the Philippines, the average salary ranges from $98 to $290...
Onecoin ‘Crypto Queen’ Ruja Ignatova Listed Among Europe’s Most Wanted
13.5.2022
Ruja Ignatova, mastermind of the notorious pyramid Onecoin, is now one of Europe’s most wanted fugitives. Also known as the “Crypto Queen,” she disappeared almost five years ago, after the Ponzi scheme she led collected billions of dollars from defrauded investors around...
Venezuela Bets on De-Dollarization After Foreign Currency and Crypto Tax Is Applied
9.5.2022
The government of Venezuela is now focusing its action on trying to establish the bolivar as the go-to currency for purchases in the country. According to several economists, this might be a risky bet in a country that has just exited hyperinflation and still suffers high levels of inflation....
Klein Finance Announced the Completion of a Funding Round With Participation From KCC Chain and KuCoin-Ventures
6.5.2022
PRESS RELEASE. Klein Finance, a stablecoin liquidity provider and exchange platform built on KCC (Kucoin Community Chain), announced the opening of its funding program. It has already received a multi-million dollars investment from KuCoin Ventures and KCC chain. Klein Finance is an efficient...