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JPMorgan Boss Jamie Dimon Personally Advises People to ‘Stay Away’ From Cryptocurrency

30.5.2021
JPMorgan Chase CEO Jamie Dimon has given personal advice to investors regarding investing in cryptocurrencies, like bitcoin. He said that his own personal advice to people is to “stay away” from cryptocurrencies. However, his bank, JPMorgan, will not stay away as clients want exposure...

Destruction AllStars Is Getting Bots Because Not Enough People Are Playing

29.5.2021
Destruction AllStars, released in February exclusively on PS5, doesn’t seem to have a huge community of players online. So to help improve matchmaking, the developers have announced plans to add online bots. Read more

Why Young People are Getting Into Crypto

28.5.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists. Source The rise in value of crypto over the last 12 months has drawn new interest in this as a way of investing. While older generations may still be drawn towards stocks and shares, it is Generation Z...

Developing Economies & Better Educated People Lead Crypto 'Space Race'

26.5.2021
People in so-called developing economies are more familiar with decentralized cryptocurrencies, such as bitcoin (BTC), while respondents with better education were more likely to use crypto, according to a new survey. “Money is rapidly evolving. Only a few years ago there seemed to be very little...

Data Shows Bitcoin Addresses in Accumulation Captures Fresh New Highs

25.5.2021
After bitcoin prices dipped to a low of $30,066 per unit last week, lots of people have been focused on the panic sellers. Meanwhile, when bitcoin prices plunged, the number of bitcoin addresses in accumulation tapped an all-time high at 545,115 addresses. Number of Bitcoin Accumulation Addresses...

RemiBit: The One-Stop Crypto Solution for Merchants Is Available Now

25.5.2021
The payment industry has gone through a revolution in the last few years. Among its most evident examples are international commerce and remote work. Blockchain and cryptocurrency have transformed online transactions by ensuring true ownership, security, speed, accessibility, and inclusivity....

Former US Treasury Secretary Larry Summers Says Cryptocurrency Is Here to Stay as Digital Gold

23.5.2021
Former U.S. treasury secretary and chief economist at the World Bank, Larry Summers, says cryptocurrency is here to stay as a kind of digital gold. He believes that people want an alternative to gold that is “separate and apart from the day-to-day workings of governments.” Former World...

Chaos At A Walmart As People Rush To Buy Pokémon Cards

22.5.2021
The continued shortage of Pokémon cards, fueled by the pandemic, Twitch streamers, and scalpers, led to a chaotic situation at a Walmart in Pennsylvania. The moment the store opened, folks began to run to the section of the store where trading cards are sold, leading to chaos and one sad sight.Read...

Fraudsters Impersonate a US Federal Agency by Sending Emails Asking for Bitcoin Wallet Keys

22.5.2021
U.S. consumers have been receiving fake emails that attempt to impersonate a federal regulatory agency which has raised alarms among crypto community members. The U.S. Office of the Comptroller of the Currency (OCC) warned that such bogus messages ask people for their bitcoin wallet keys....

South Korean Governor Becomes the First Politician to Disclose Publicly His Cryptocurrency Holdings in the Country

22.5.2021
Regardless of the political turmoil that arose in South Korea due to the crypto-related regulations, a leading politician had come forward to reveal that he had made investments in virtual currencies publicly. Won Hee-ryong, the Governor of Jeju Island, unveiled that he invested in four different...

Argentinean Police Detain Two People Connected to Alleged Crypto Scam Intense Live

21.5.2021
As cryptocurrencies become a trending topic across Argentina, local authorities hunt virtual currencies scammers amid the coronavirus-driven crisis and high inflation levels. The Argentine Federal Police detained two members of an alleged pyramid scheme operating in a northern province....

South Korean Deputy Prime Minister Eases Anti-Crypto Rhetoric, Aims to Create More Domestic Market Opportunities

21.5.2021
The South Korean government seems to be easing its anti-crypto tone, as the Deputy Prime Minister came forward with a statement that opened the doors for future open dialogue on virtual currency topics. Hong Nam-ki unveiled that officials are assessing ways to get young people into “domestic...

Valheim Was Made By 5 People And Sold Nearly 7 Million Copies

20.5.2021
It’s a good year to be a Viking. Embracer Group, the Swedish video game holding company formerly known as THQ Nordic, released a financial report today showing that early access game Valheim has sold 6.8 million copies so far, with Embracer expecting it to sell up to 8 million copies in total...

Australian Senator Says Cryptocurrency Is Not a Fad — Government Won’t Stand in the Way

20.5.2021
Australian Senator and Minister of Financial Services Jane Hume said that “cryptocurrency is not a fad. It is an asset class that will grow in importance.” She emphasized that the government won’t stand in the way of crypto investing. “We have to let people make their...

Chinese Internet Cafe Owners Deal With the Pandemic Crisis by Using Their Facilities to Mine Cryptocurrencies

20.5.2021
The Coronavirus pandemic has driven people to take advantage of new business lines to deal with the economic crisis, and cryptocurrency is once again a headliner. Internet cafe owners in China are using their facilities to set up crypto mining farms after temporarily shutting down in 2020. Owners...

Elon Musk Impersonators Rake in $2 Million: Regulator Warns of Fake Giveaway Cryptocurrency Scams

18.5.2021
The U.S. Federal Trade Commission (FTC) says reports of cryptocurrency scams have skyrocketed. In particular, people have reported sending more than $2 million in cryptocurrency to Elon Musk impersonators within the past six months. Elon Musk Impersonators and Other Cryptocurrency Scams The...

Six People Connected to a $36M Crypto Scam Arrested, Scheme Operated From Multiple Locations in Europe

18.5.2021
Authorities in Germany launched a massive operation that cracked down on a sophisticated crypto scam, resulting in the arrest of six people in different European countries. Initial reports state that such a fraudulent scheme stole over $36.2 million worth in virtual currencies from individuals...