Wed, January 15

DOJ Convicts ‘My Big Coin’ Founder of Crypto Fraud Over $6M

The coins were not secured by gold or even other valuable assets as claimed. CFTC also brought allegations against Crater and My Big Coin in 2018. It was stated on Thursday that My Big Coin Pay Inc. founder Randall Crater had been found guilty of crypto fraud by the United

July 24, 2022 1 min read

California Lawmakers Lift Crypto Donations Ban For Political Campaigns

Anonymous or outside contributions will not be allowed under the new restrictions. All political campaigns must also have adequate KYC procedures. As a result of a decision by California lawmakers, the state’s restriction on crypto contributions to state and local politicians has been lifted. Donations of any size (within the

July 23, 2022 1 min read

Twitter Reports $270 Million Loss in Q2 Amid Elon Musk Controversy

The social media firm now has 237 million daily users. Elon Musk offered to buy Twitter for $44 billion in cash, or $54.20 a share. Elon Musk’s pending purchase of Twitter and a fall in advertising revenue were blamed for the social media company’s second-quarter loss of $270 million. According

July 23, 2022 2 mins read

Texas Widening the Exchange Options for Its Residents

RPT wants to establish a new clause in the Bill of Rights. The clause would permit people to possess any form of money including digital currency. The Republican Party of Texas (RPT) is planning to add a new amendment to the Bill of Rights, that would grant people in Texas

July 23, 2022 2 mins read

Institutions Liquidation Overflow On Bitcoin Will it Continues?

Public Bitcoin miners sold 4,456 BTC in May alone. 3AC owes lenders 18,193 BTC and the equivalent of 22,054 BTC in GBTC. Since May 10, the largest institutions have sold up to 236,237 Bitcoin (BTC), worth $5.541 billion at the time of writing, some often as a result of forced

July 22, 2022 2 mins read

Finland Customs Generate $47 Million Selling Seized Bitcoin (BTC)

The tender wasn’t finalized until April this year when two businesses were selected. The agency still has 90 Bitcoin (worth roughly $2 million) in its control. The Finnish customs officials auctioned a total of €46.5 million ($47.35 million) in seized Bitcoin. A press statement today claims that the 1,889.1 Bitcoin

July 22, 2022 2 mins read

Trust Machines Joins Forces With Dan Held To Accelerate the Growth of Bitcoin Apps

With Dan Held joining as an adviser to Trust Machines, a startup developing the biggest ecosystem of Bitcoin apps, Trust Machines hopes to help expand the company’s Bitcoin blockchain-based built applications. Held is best known for his work as Director of Growth Marketing at Kraken, Director of Product at Blockchain.com,

July 21, 2022 2 mins read

Bitcoin Bear Market Could Last Another 5-6 Months

Grayscale investment, the most prominent digital asset manager in the world recently published a report, which predicted the end of the bear trend in the crypto market. The investment manager evaluated the status of cryptocurrency now to earlier bear markets. As a result, Grayscale estimates that the bear market may

July 21, 2022 2 mins read

FBI Recovers $500K Stolen Assets From North Korean Hackers

North Korean state-sponsored hackers tried to damage an American hospital last year. Still, the FBI and the Justice Department stopped them, seizing $500,000 in cryptocurrencies and extorting money. Lisa O Monaco, the DOJ’s Deputy Attorney General, commented on Tuesday. According to Monaco, the North Korean gang threatened to shut down

July 20, 2022 1 min read

Robert Kiyosaki Shares Plans for Buying Bitcoin at Bargain Prices

Robert Kiyosaki emphasized this week that he is holding off on buying bitcoin until asset values drop, adding that he believes “the Greatest Sale on Earth” is approaching. Kiyosaki and Sharon Lechter co-wrote Rich Dad, Poor Dad in 1997. The book got listed on the New York Times Best Sellers

July 17, 2022 2 mins read
Floating Icon