Thu, September 24

U.S DOJ Charges Chinese Intelligence Officers of Bribing in BTC

Guochun He and Zheng Wang planned to steal sensitive documents. They planned to bribe a United States Government employee with $61,000 in Bitcoin. Two Chinese intelligence operatives have been charged with obstructing justice by the United States Department of Justice. The charges stem from an alleged effort to bribe a

October 26, 2022 1 min read

Tesla’s Bitcoin Losses Reach $170 Million Amid Bear Market

The net loss comes to $106 million at the conclusion of the third quarter. Tesla’s losses did not have a significant impact on the company’s fundamental operations. Tesla, the electric vehicle (EV) maker, has reportedly invested $1.5 billion into Bitcoin since the beginning of 2021, as reported in the company’s

October 26, 2022 1 min read

Israel’s TASE Stock Exchange to Launch Crypto Trading Platform

The creation of new kinds of tokenized digital assets will be the primary focus of the exchange. A paper outlining Tel Aviv’s blockchain-related goals from 2023 to 2027 was made available. As Israel’s only stock and debt marketplace, the Tel Aviv Stock Exchange (TASE) is planning to launch a blockchain

October 25, 2022 2 mins read

Kazakhstan Stands Firm as 3rd Largest Bitcoin Mining Contributor

Kazakhstan has kept the position for more than a year since February 2021. The United States is at the top, leading the Bitcoin mining sector. Kazakhstan, a nation in Central Asia known for its oil, has been the third-largest Bitcoin mining contributor since overtaking Russia in February 2021 and has

October 24, 2022 1 min read

Associates of Cryptoqueen Face Criminal Prosecution in Germany

Within a year, the pair processed 320M euros in payments from Onecoin users. Ignatova is now sought by Interpol, Europol, and the FBI. The first Europeans to face criminal prosecution for their involvement in the Onecoin crypto fraud are a married couple and a lawyer from Munich. Bloomberg said that

October 23, 2022 1 min read

Spain Climbs To Third Spot in Most Crypto ATMs in the World

Following the United States and Canada as the third nation with the most Bitcoin and cryptocurrency ATMs, one will find them in Spain. With 215 cryptocurrency ATMs, Spain has surpassed El Salvador, which only has 212, to become third in the world. According to research from CoinATMRadar, Spain is home

October 23, 2022 1 min read

Fed Anticipated To Raise Interest Rates by 75 Basis Points

The interest rate hike has previously affected cryptocurrencies badly. Bitcoin and Ethereum both saw price drops in September after the hike. The WSJ reported on Oct. 21 that US Federal Reserve officials may be planning an additional interest rate rise of 75 basis points. The article also indicated that authorities

October 22, 2022 2 mins read

Craig Wright Loses Against Hodlonaut in Defamation Lawsuit

On Thursday, court papers showed that Magnus Granath, better known as the Twitter handle “Hodlonaut,” had prevailed in a case he had filed against Craig Wright in Norway. Wright has claimed his identity as Bitcoin’s fictitious inventor, Satoshi Nakamoto, for quite some time. Although his claims have been openly contested

October 22, 2022 1 min read

Crypto Advocate Rishi Sunak Prime Contender For UK PM

After Boris Johnson’s departure, Rishi Sunak was the first to officially enter the race.  He advocated for stablecoins to be legally recognized in the UK. Former Boris Johnson Chancellor of the Exchequer Rishi Sunak is the first contender for Prime Minister of the United Kingdom. To become the party leader,

October 22, 2022 1 min read

$40M Worth Crypto Seized by Turkey Officials in Gambling Raid

As part of their investigation into an unlawful gambling network, Turkish officials have confiscated $40 million worth of cryptocurrencies. When it comes to gambling, Turkey is quite strict. The government outlawed casinos in 1998. And since 2006, all forms of internet gambling have been illegal, with the exception of a

October 22, 2022 1 min read