Sun, March 9

Brazil Police Uncover $766M Crypto Ponzi Scheme Fraud

Brazilian law enforcement officers searched the home of da Silva and his accomplices. Celebrities like model Sasha Meneghel lost almost $230,000. The activities of a criminal organization headed by businessman Francisco Valdevino da Silva, aka “Bitcoin Sheikh,” were apparently put to a stop by the Brazilian Federal Police. To the

October 10, 2022 2 mins read

Russian Paramilitary Groups Turn to Crypto Avoiding Sanctions

$400,000 have been raised since the beginning of the invasion in February. The entity bought things like survival gear and ordinary military gear. According to an analysis by blockchain intelligence company TRM Labs, pro-Russian organizations are using crowdfunding campaigns. In order to raise a substantial quantity of Bitcoin and other

October 9, 2022 2 mins read

Web3 Protocol Golden Raises $40M Led by A16z Venture Capital

According to Golden’s CEO and creator, existing data mining techniques are flawed. Golden presents a mechanism to penalize the entry of fraudulent data. With this Series B funding round, decentralized data hub firm Golden has announced a $40 million cash infusion. Many prominent venture capital firms, including Opensea Ventures and

October 9, 2022 2 mins read

Firms Declaring Crypto Holdings in Brazil Steeply Rises

More than 1,300,000 people have said they own some kind of cryptocurrency. BRZ, the first Brazilian real-pegged stablecoin, had considerable price fluctuations. With a large number of cryptocurrency adopters, Brazil is widely exploring the crypto industry. In Brazil, where 7.8% of the population, or roughly 16 million individuals, now possess cryptocurrencies,

October 9, 2022 2 mins read

Top 5 Cryptocurrency by Twitter Followers

The top cryptocurrency by Twitter followers is, ETC, NEAR, QNT, TUSD, and HBAR. Near Protocol has more than 6K Twitter followers. In April mid, the cryptocurrency started to fall into the bear market, as a result of this the overall cryptocurrency market experienced a massive drop. However, after more than

October 9, 2022 2 mins read

El Salvador President Takes Dig at Critics in Recent Editorial

President Nayib Bukele of El Salvador believes that if the bitcoin experiment his nation is doing is successful. Many other countries across the globe will follow in Latin America’s footsteps. This is what Bukele wrote in an opinion piece titled “Stop Drinking the Elite’s Kool-Aid.” Which was released on September

October 9, 2022 1 min read

Bitcoin Outperforms Both Nasdaq and S&P 500 in September

Bitcoin’s risk-adjusted gains were third best, after only Solana. Ethereum is called out as the worst performer among the four tracked cryptocurrencies. Even though bitcoin had a negative return of 3.11% in September compared to the previous month, it still managed to beat both the S&P 500 and Nasdaq which

October 9, 2022 1 min read

MENA Region Crypto Volume Tops as per Chainalysis Report

With a year-over-year increase of 120.9%, Morocco comes in at number two. transaction volume in Egypt tripled compared to the preceding year. Chainalysis reports that between July 2021 and June 2022, MENA consumers saw a 48% increase in crypto transaction volume, reaching $566 billion. Among the eight areas studied, this

October 9, 2022 1 min read

Robert Kiyosaki Revealed His Bitcoin Investments With Pension Funds

Robert Kiyosaki says pension funds are the biggest investment in the world. Kiyosaki stated the pension crisis highlighted central banks’ inability to control inflation. Robert Kiyosaki, the well-known author of the best-selling book Rich Dad Poor Dad, has explained his reason for buying bitcoin. Also, he explained how pension funds

October 9, 2022 1 min read

ZachXBT Levels Yet Another Allegation Against Lark Davis

Reportedly, Davis pulled $2.5 million out of Celsius before the firm filed for bankruptcy. Lark has endorsed Celsius before, sharing his appreciation for the brand. After being one of the marketers for the defunct cryptocurrency firm Celsius Network, crypto influencer Lark Davis managed to walk away with $2.5 million. Crypto

October 8, 2022 1 min read