Search
NFT Marketplace Rarible Raises Over $14 Million, Plans to Launch on Flow Blockchain
24.6.2021
The non-fungible token (NFT) marketplace Rarible has revealed the company has raised $14.2 million in a Series A funding round. Rarible details the funds will be leveraged to take NFTs to the mainstream and announced integration with the consumer-centric blockchain called Flow. Rarible Raises...
BIS: Cryptocurrencies Are Often Used in Financial Crimes, Money Laundering, Ransomware Attacks
24.6.2021
The Bank of International Settlements (BIS) says that it is now clear that cryptocurrencies are not money but speculative assets, emphasizing that in many cases they are used “to facilitate money laundering, ransomware attacks, and other financial crimes.” BIS Criticizes...
UK regulator warns against 111 unregistered crypto companies... and FOMO
23.6.2021
The Financial Conduct Authority has warned U.K. consumers of dealing with 111 unregistered crypto firms, calling it “a very real risk.”
New Bank of America Report Says Digital Currencies ‘Could Boost Economic Growth’ in Developing Countries
23.6.2021
A new Bank of America (BOA) research study has found that both central bank digital currencies (CBDCs) and private digital currencies hold “a lot of potential” for increasing financial inclusion in developing countries. In the report, the bank also argues that such “digital...
CNBC host boldly reveals he sold his BTC amid depths of bear market
22.6.2021
CNBC’s Jim Cramer has sold off almost all of his BTC holdings, predicting bearish fundamentals will suppress Bitcoin’s price for the foreseeable future
Mad Money’s Jim Cramer Dumps His Bitcoin Over China Mining Crackdown and Ransomware Concerns
22.6.2021
Mad Money host Jim Cramer said he has sold almost all of his bitcoin. He cited the Chinese government’s crackdown on bitcoin mining and concerns over bitcoin’s role in ransomware attacks. Jim Cramer Worried About China’s Mining Crackdown and Ransomware, Sold Almost All His Bitcoin...
Activision Shareholders Vote To Keep Paying CEO Bobby Kotick A Ton Of Money
21.6.2021
Long-time Activision Blizzard CEO Bobby Kotick eked out another lucrative victory today at the company’s annual shareholder meeting with a narrow vote of 54% in favor of maintaining his generous salary and millions in annual bonuses. The win comes after a year-long campaign by CtW Investor Group...
Bitcoin pinned below $38K as investors stash record $756 billion with Fed
18.6.2021
Bitcoin bulls ducked for cover as the Federal Reserve started paying interest rate returns on cash deposits via its reverse repurchase program
Fortnite, Worth Billions, Offering Paltry Prize Money For Design Contest
16.6.2021
Yesterday, Fortnite announced a “Concept Royale” competition. Players can submit skin ideas, and two winners “will have their concepts turned into in-game Outfits in Fortnite, and will also each receive a $2,500 cash prize.” At first glance it doesn’t look like a bad deal, but $2.5k for a design...
Diversification into Bitcoin a ‘prudent move,’ says Bloomberg strategist
16.6.2021
The statement appeared as Bitcoin investors waited for fresh economic projections from the Federal Reserve and China pledged to release metal reserves amid concerns over commodity rally
Kim Kardashian Shills Ethereum Max on Instagram, Media Questions Socialites Motive
16.6.2021
The celebrity influencer Kim Kardashian posted about a project called Ethereum Max on Instagram this week by sharing an advertisement with her 228 million followers. The project Ethereum Max has also been promoted by former Boston Celtics forward Paul Pierce and professional boxer Floyd Mayweather....
One in Five Kiwis Bullish on Crypto Investments, New Poll Suggests
15.6.2021
Cryptocurrency investing has been rising in popularity among New Zealanders and a fifth of the respondents in a new survey either plan to or have already, put money into digital assets. The poll also found that young Kiwis are more likely to use micro-investing platforms than older generations....
Crypto Cyberthreats Spike This Year With Russia Hit the Hardest, Report Reveals
14.6.2021
Cyberthreats related to cryptocurrencies have increased with rising demand for the digital assets, a study has concluded. Russia, Thailand and Peru are the most affected countries by malicious attacks designed to exploit the heightened interest in decentralized money, the authors point out. Booming...
Lack of crypto regulations alarming, says Italy's stock market regulator
14.6.2021
Crypto growing to a $1.6 trillion market without adequate regulations is a major worry for the head of Italy’s stock market oversight agency
A Look at How Second Life’s Linden Dollars Helped Kickstart Bitcoin’s Value
14.6.2021
When people think about bitcoin’s past they sometimes refer to subjects like Mt Gox, the Silk Road, or the famous pizza transaction. Although, people often forget that the online virtual world Second Life played an important role during the Bitcoin network’s early years. In fact, some...
Crypto is the next step toward a cashless society
13.6.2021
It will take some time for consumers to warm up to crypto, but education is the key to its mass adoption
India Probes Cryptocurrency Exchange Wazirx in Chinese Money Laundering Case
12.6.2021
India’s Directorate of Enforcement (ED) has reportedly sent a notice to Wazirx, one of the largest cryptocurrency exchanges in India, under the Foreign Exchange Management Act, 1999, (FEMA). The investigation was initiated “on the basis of the ongoing money-laundering investigation into...
DAOs, DeFi and Dollars: the Bold New World of Decentralized Entities
11.6.2021
In this week’s episode, we explore how developers and investors are working through the complex process of bridging the human and legal needs of the outside world with these complex, decentralized systems run by blockchains, automated smart contracts, “multisig” tokenized collateral agreements
China Arrests 1,100 People Allegedly Using Cryptocurrency to Launder Criminal Proceeds
10.6.2021
Chinese authorities have announced that more than 170 criminal gangs have been eliminated and over 1,100 suspects arrested in the latest round of crackdown on criminal groups providing cryptocurrency money laundering services for telecom fraudsters. Crackdown on Telecom Fraud Using Cryptocurrency...
New report: El Salvador Bitcoin pump failed to attract smart money, for now
10.6.2021
Bitcoin market sentiments remain skewed to the downside even after it becomes a legal tender in El Salvador following a parliamentary nod