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UK Police Seize USB Stick With Ethereum Worth $9.5 Million


British detectives have seized $22.25 million from operators of an international cryptocurrency scam. Among the items seized was a USB stick containing ethereum worth $9.5 million. The police are now attempting to contact the victims of this scam to return their funds. UK Police Seize Crypto in...

LoFi-DeFi Fair Launch Is Set to Smash Records


PRESS RELEASE. The last two weeks saw decentralized finance cryptocurrency startup LOFI-DEFI gain intense social adoption for what is positioned to be the biggest fair launch in DeFi history. Tens of thousands of investors have gathered in its combined international Telegram communities to await...

FBI Joins Probe Into Collapsed South African Bitcoin Ponzi Scheme


In what is seen as a boost for Mirror Trading International (MTI) investors, United States investigators are said to have joined the probe into the collapsed bitcoin scheme. According to a report, the U.S. investigators’ goal for joining this probe is to help “recover the assets...

Two Masterminds in Last Ditch Effort to Stall Liquidation of MTI


In a last-ditch attempt to stall the sale of Mirror Trading International (MTI) assets, two masterminds of the collapsed bitcoin Ponzi scheme have warned investors that liquidating the investment company will likely result in them being asked to return all withdrawn bitcoins. Opposition to Attempts...

Fed Governor Lael Brainard Can’t Imagine Future Without Digital Dollar


Pointing to a number of reasons why a digital version of the U.S. dollar should be created, Federal Reserve Governor Lael Brainard insisted that not having one wouldn’t lead to a sustainable future. The central bank official believes a digital dollar will have both international and domestic...

Digital Yuan to Promote International Use of Chinese Currency, Experts Say


The new digital yuan, currently undergoing trials, can help to increase the international usage of China’s national fiat, experts have stated. As the renminbi (RMB, CNY) is becoming one of the world’s most important currencies, the People’s Bank of China is planning to conduct...

IMF Warns Against Adopting Crypto Assets Like Bitcoin as Legal Tender


The International Monetary Fund (IMF) has warned against adopting cryptocurrencies, like bitcoin, as legal tender. Noting numerous risks and costs involved, the IMF does not see crypto assets catching on as a national currency. IMF Warns of Risks in Adopting Cryptocurrencies as National Currency...

MTI Investors Urged to Ignore Fake Bitcoin Recovery Offers


Beleaguered Mirror Trading International (MTI) investors have been told to ignore unsolicited offers from individuals claiming to have the ability to trace and recover their missing bitcoins. This warning from the court-appointed liquidators was made after reports emerged that several MTI investors...

Gaming Laptops Are Here To Stay


When most people think of gaming, it’s usually on a console or a PC. A desktop PC, specifically. At least that’s what I thought. But now gaming laptops are becoming more powerful, more user-friendly, and most importantly, more affordable. I had the opportunity to try out the GE76 Raider Gaming...

How International Fiat Fund Hurts Cash-Strapped Countries (FYI, El Salvador)


The IMF’s Managing Director, Kristalina Georgieva. Source: A screenshot, Instagram/the_imf In this commentary, Bernhard Reinsberg, Lecturer in International Relations at the University of Glasgow, and Thomas Stubbs, Senior Lecturer in International Relations at the Royal Holloway, University...

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