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Nalezeno "X Money": 4267

‘Being a Currency and a Security Are Not Contradictory,’ Crypto Can Be Both: Monetary Historian

13.1.2022
Franklin Noll, an academic and monetary historian, has asserted that crypto can be both a security and a currency. Pointing to the history of U.S. money, Noll argues that being both a currency and a security is, in fact, not contradictory. The ‘Infamous’ Continental Dollar Coins...

Swiss Bank Seba Predicts Bitcoin Could Hit $75K This Year Boosted by Institutional Investors

13.1.2022
Regulated Swiss bank Seba has predicted that the price of bitcoin could reach $75K this year. “Institutional money will probably drive the price up,” said the bank’s CEO. Seba Bank’s Bitcoin Price Prediction Seba Bank CEO Guido Buehler shared his bank’s prediction...

UniLend Finance & Mobius Finance Collaborate to Disrupt Money Markets in DeFi

12.1.2022
The collaboration of UniLend Finance with Mobius Finance will help the UFT token holders to mint moUSD by using UFT as the collateral. This collaboration will help both parties. Following are its benefits: Once it gets integrated with Mobius Finance, the systems will enable the traders to trade...

Bitrue Is Launching a New Yield Farming Hub

11.1.2022
PRESS RELEASE. In the world of cryptocurrencies, it is important for any crypto exchange to offer plenty of different options when it comes to making money. This is precisely why Bitrue, a leading cryptocurrency exchange, has recently announced the launch of a new yield farming hub, available...

Sega Might Drop NFT Experiments if Perceived by Gamers as a Money Grab

11.1.2022
Sega, a leading videogame development company, has announced its new stance when it comes to the play-to-earn model and the inclusion of NFTs in its games. In the latest management meeting of the company, which happened on December 24th, Sega CEO Haruki Satomi stated that the company may drop...

Report: Kenya Set to Scale Up Adoption of Cryptocurrencies in 2022

10.1.2022
In his Africa crypto market predictions for 2022, Marius Reitz, the general manager for Luno in Africa, has predicted that Kenya will scale up the adoption of cryptocurrencies. To support this assertion, Reitz points to Kenya’s as position as the leader in the world’s peer-to-peer...

Investors in Collapsed South African Crypto Platform Push for Jailing of Africrypt Directors

8.1.2022
A group of investors in Africrypt are reportedly pushing to have criminal charges pressed against directors of the now-defunct cryptocurrency investment platform. Opponents of the move have argued that this push is unlikely to succeed because many of the investors have already been reimbursed part...

Sega will likely not introduce NFTs for play-to-earn if 'perceived as simple money-making'

6.1.2022
The company previously announced plans to expand into NFTs through a partnership with Japanese game developer double jump.tokyo

Leading NFT Marketplace Opensea Raises $300 Million, Firm’s Post-Money Valuation Taps $13.3 Billion

5.1.2022
Leading non-fungible token (NFT) marketplace Opensea announced the firm has raised $300 million in a Series C funding round led by Paradigm and Coatue. Opensea’s latest capital raise has propelled the company to a $13.3 billion post-money valuation. Opensea Raises $300 Million, Commands...

40 People Arrested For Alleged Twitch Money Laundering Scheme

5.1.2022
On Tuesday, Turkish police in eleven different provinces took forty suspects into custody for an alleged money laundering scam that used the Twitch streaming platform.Read more

Popular BTM Operator: Bitcoin of America Surpasses 1500+ BTMs

4.1.2022
PRESS RELEASE. Bitcoin of America, a popular digital currency exchange, has surpassed 1500 plus Bitcoin ATMs. Bitcoin of America is a popular virtual currency exchange, registered as a money services business with the United States Department of Treasury (FinCEN)(RegNum). Apart from ensuring a fast...

India’s Central Bank RBI Says Crypto Is Prone to Fraud and Poses Immediate Risks to Consumer Protection

2.1.2022
India’s central bank, the Reserve Bank of India (RBI), has warned about multiple risks cryptocurrency poses to the country’s financial stability. “They are also prone to frauds and to extreme price volatility,” the apex bank claims, stressing that...

Hong Kong Authorities Arrest Two Siblings Accused of Laundering $384 Million via Banks, Crypto Platform

30.12.2021
Authorities in Hong Kong have arrested two individuals accused of laundering about $384 million using various avenues including a cryptocurrency exchange trading platform. If convicted, the two face a maximum jail sentence of 14 years plus a fine of $5 million. An Indictable Offense Two people...

Bank of Russia to Collect Data on Crypto-Related Transactions Between Individuals

28.12.2021
The Central Bank of Russia (CBR) plans to obtain information from commercial banks pertaining to some money transfers between private individuals, including clients trading cryptocurrency. The measure is likely to affect online crypto exchangers which the regulator accuses of conducting illegal...

Mexico’s Third Richest Billionaire’s Advice: Invest in Bitcoin, Stay Away From Dollars, Euros

28.12.2021
Mexico’s third-richest billionaire has advised people to stay away from fiat currencies, like the dollar and euro, and invest in bitcoin. Calling fiat “fake money made of paper and lies,” he stressed that “central banks are printing more money than ever before.”...

Former UK Chancellor Lord Hammond Warns About Crypto Investing — Says ‘It’s Gambling Money’

27.12.2021
Former U.K. chancellor of the exchequer Lord Hammond has reportedly warned about investing in cryptocurrencies. He said, “It’s gambling money,” noting that “people should be extremely cautious” and “Many regard them as closer to gaming than serious...

Creator of App for Remittances to Africa and Asia Raises $65 Million in Series B Round

26.12.2021
Tap Send, the creator of a remittances app of the same name, revealed it has raised $65 million in a Series B funding round. The fintech firm plans to use the funds to build a cheaper and faster cross-border money transfer platform. Remittances to Overlooked Countries The fintech startup behind...