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Rich Dad Poor Dad’s Robert Kiyosaki Plans to Buy Bitcoin When the ‘Bottom Is In’ — Says It Could Be at $17K
13.5.2022
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, believes bitcoin could crash to $17K. However, he also believes the cryptocurrency “will win” because America is led by the three stooges. He has been recommending bitcoin to investors alongside gold...
Russian Crypto Mining Giant Bitriver Considers Challenging US Sanctions
12.5.2022
Russia’s Bitriver, one of the largest operators of crypto mining data centers, may take legal action against the U.S. over the decision to place it under sanctions. The company insists it does not help the Russian government to circumvent international restrictions. Bitriver Rejects...
VeChain Foundation unveils $1.2B crypto treasury… but spent just $4M in Q1
11.5.2022
The supply chain tracking project has a comfortable cushion in its Foundation treasury, but expenditures were very low through the first quarter of 2022
US Lawmakers Push for Urgent Stablecoin Regulation — Fed Warns of Stablecoin Runs, Janet Yellen Cites UST Fiasco
11.5.2022
As U.S. lawmakers push for the urgent regulation of stablecoins, the Financial Stability Oversight Council (FSOC) and the Federal Reserve Board warn about the risks of stablecoin runs that threaten the country’s financial stability. Treasury Secretary Janet Yellen brought up the terrausd...
Erratic Bond Yields, Lockdowns, and War — 3 Reasons Why Economic Recovery Won’t Happen Quickly
10.5.2022
The global economy looks bleak as inflation continues to rise, and a wide array of financial investments continue to shudder in value. Since May 2, 2022, the crypto economy has dropped more than 15% from $1.83 trillion to today’s $1.54 trillion. The price of gold has lost 5% in 30 days,...
US Treasury Secretary reaffirms need for stablecoin regulation following UST crash
10.5.2022
Janet Yellen said it would be “highly appropriate” to aim for “a consistent federal framework” on stablecoins by the end of 2022 in the U.S. given the growth of the market
Compound Treasury receives B- credit rating from S&P Global Ratings
9.5.2022
Though the protocol offers an arguably lucrative yield of 4% per year, it's only available to accredited investors as of now
US Treasury Sanctions First Crypto Mixer
8.5.2022
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has issued its first-ever sanctions on a crypto mixer. The mixing service was used by Lazarus Group to process illicit proceeds from the $620 million crypto heist of the online game Axie Infinity, said the Treasury...
Crypto mixer sanctioned by US Treasury for role in Axie Infinity hack
6.5.2022
The crypto mixer is said to have processed $20.5 million out of the $620 million taken by North Korean Lazarus Group hackers
US Officials Add North Korea-Linked Bitcoin Mixer, More ETH Addresses to Sanctions List
6.5.2022
El Salvador’s Bitcoin Volcano Bonds Launch Still on Hold, According to Treasury Minister
4.5.2022
The date of the launch of the Salvadoran bitcoin bonds, the instrument that would serve to build the announced Salvadoran Bitcoin City, is still unknown. Announced to be released earlier this year, the launch has been affected by the current war in Ukraine, and the deceleration of global markets....
Bitcoin of America Launches New Website and Blog
3.5.2022
PRESS RELEASE. Bitcoin of America has officially launched a newly redesigned website and blog. The popular operator has created an all-new modern design that features their services. Bitcoin of America is a popular virtual currency exchange, registered as a money services business with the United...
How DAOs Can Adopt Best Practices for Treasury Management in a Bear Market
30.4.2022
Kevin Chan is the treasurer of UMA, an optimistic oracle used to build decentralized applications in DeFi and Web3, and a former managing director at Goldman Sachs.
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April is financial literacy month in the US, which is always a good time to do some financial housekeeping and to review best...
Report: Compass to Sell $30 Million in Crypto Mining Equipment Located in Russia
24.4.2022
The U.S.-based company Compass Mining plans to sell $30 million worth of bitcoin mining equipment that’s currently located in Siberia. The decision to sell the mining rigs follows the U.S. government sanctioning the bitcoin mining operation Bitriver and ten subsidiaries. Compass is hoping...
US Treasury’s OFAC Adds 3 ETH Addresses Linked to North Korean Cybercrime Group to SDN List
24.4.2022
The Office of Foreign Asset Control (OFAC) has added three ethereum addresses to its Specially Designated Nationals And Blocked Persons List (SDN). OFAC alleges the ether addresses are controlled by the Lazarus Group, a cybercrime group that is associated with North Korea. Lazarus Group Behind Axie...
The new HM Treasury regulations: The good, the bad and the ugly
23.4.2022
With the U.K. never having been particularly crypto-friendly, could new regulations and Her Majesty's Treasury’s recent announcements be a game changer?
US Treasury Dept sanctions 3 Ethereum addresses allegedly linked to North Korea
22.4.2022
The government department hinted that the addresses were added to the list in an effort to stop North Korea from evading sanctions imposed by the United States and United Nations
Treasury Sanctions More North Korea-Linked ETH Wallets Over $600M Ronin Hack
22.4.2022
Bitcoin retests $40K after stocks sell-off meets Fed balance sheet bust
22.4.2022
Macro-induced mayhem costs Bitcoin bulls dearly as Ethereum also loses key $3,000 support
US Sanctions Bitriver, Targets Russia’s Crypto Mining Potential
21.4.2022
In an attempt to deny Russia opportunities to evade sanctions through cryptocurrencies, the U.S. Department of the Treasury has sanctioned leading Russian mining firm Bitriver. The move comes amid concerns that Moscow may use the minting of digital coins to monetize its energy resources. Zug-Based...