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SWFT Integrates Crypto Payment Ramp of Alchemy Pay


SWFT Blockchain has announced the integration of the crypto on/off ramps mechanism by Alchemy Pay. It will allow users to purchase cryptocurrency directly through fiat currency, and additionally, users can exchange fiat currencies for digital currency through the remittance of their bank accounts....

Why Is Alchemy Pay (ACH) On The Rise?


PRESS RELEASE. July has seen a jump in crypto prices, and none more so than the utility token of Alchemy Pay, ACH. ACH saw a 43% increase in just 24 hours on July 20th, making it crypto’s biggest gainer. ACH has also broken into the TOP 10 most searched tokens on almost every crypto site...

SEC Fines John McAfee’s Associate $375K in Penalties for ICO Promotions


According to a Securities and Exchange Commission (SEC) judgment, Jimmy Gale Watson, a former associate of the now deceased John McAfee, has been fined for being paid to promote pump and dump-fashioned initial coin offerings (ICOs). The SEC has ruled that Watson must pay roughly $375K in penalties...

NYDIG to Provide the New York Yankees With Bitcoin Payroll Services


On July 14, 2022, the bitcoin company NYDIG, a subsidiary of Stone Ridge, announced that the firm inked a multi-year deal with the Major League Baseball (MLB) team the New York Yankees. According to the partnership announcement, NYDIG will be the professional baseball team’s “official...

Kazakhstan President Signs Law Increasing Tax Burden for Crypto Miners


President of Kazakhstan Kassym-Jomart Tokayev has signed into law a bill amending the country’s Tax Code to impose higher tax rates on crypto miners. The levy will depend on the amount and average price of electricity utilized in the extraction of digital currencies like bitcoin....

Mt. Gox Trustee Moves Closer to Pay-Out, Asks Creditors for Payment Details


The trustee holding what is left after the infamous collapse of the early crypto exchange Mt. Gox is moving closer to a pay-out, asking creditors how they would like to get paid, according to a new letter. In the letter, dated July 6, Mt. Gox’s Japanese trustee, Nobuaki Kobayashi, has asked...

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