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Russian Crypto Exchange Shuts Down Amid Accusations of Exit Scam


The Russian cryptocurrency exchange Livecoin has shut down amid accusations that it has pulled an exit scam. Customers are unable to withdraw their funds and have been asked to provide extensive identifying information which they fear would lead to identity theft. The exchange claims that it...

European Parliament Petitioned to Create Crypto Crime Compensation Fund


A petition has been submitted to the European Parliament, asking to implement a scheme to compensate crypto-related victims. The crimes mentioned in the petition 0421/2020 include fraud, piracy, and extortion. Petition’s Author Represents Victims in the Bitsane Alleged Scam Case According...

Spanish Football Club Says it Has Made World-first Crypto Pro Transfer


David Barral. Source: A screenshot, Instagram/barraldb A Spanish football club said that it has made a veteran footballer and La Liga veteran the first professional player to complete a transfer conducted entirely in crypto. Per the Spanish football newspaper Sport, David Barral – a former Real...

Omni II Launched, 2021 Events Planned for Interested Investors


PRESS RELEASE. Omni Futures LLC has received significant interest since its recent founding and is starting series A funding from additional investors for a new project, Omni II, to develop additional infrastructure in cryptocurrency mining. According to Ali Farhat, Managing Director of Omni...

IMF Tells Governments: Spend as Much as You Can and Then Spend More


The head of the International Monetary Fund (IMF) has called on countries worldwide to spend as much as they can and then spend more. She admitted that this is a “very unusual” policy for the IMF but it is needed to revive economies. Many people are interpreting her statement as very...

Bahamas-Based Deltec Bank Holds a ‘Large’ Bitcoin Position


Bahamas-based Deltec Bank & Trust said during a recent video review that it’s holding a “large position” in bitcoin. The information was given by their chief investment officer, Hugo Rogers. Deltec Executive Discusses Bitcoin Position According to the video uploaded to...

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