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More than 240 individuals have been robbed of $42.7 million due to fraud programs. The victims of these illicit acts were addressed by U.S. government authorities. Apple and Google were questioned by a member of the U.S. Senate after a warning from the Federal Bureau of Investigation (FBI). The chairman
National Bureau for Economic Research (NBER) is scheduled to analyze the statistics. The Federal Reserve raised interest rates by 75 basis points on Wednesday. The GDP of the United States fell for the second time in a row in the most recent quarter. The US Bureau of Economic Analysis (BEA)
Consumers and companies are likely to reduce their borrowing and spending. The central bank had predicted an interest rate increase of 100 basis points. Second time in a row, the Federal Reserve hiked its benchmark interest rate by whopping three-quarters of a percentage point to combat excessive inflation. In a
The IMF pleaded with El Salvador to outlaw the use of Bitcoins as legal tender. On Twitter, Bukele declared he was presenting two legislation to the National Assembly. According to El Salvador’s President Nayib Bukele’s announcement, the nation intends to repurchase $1.6 billion in dollar-denominated bonds from the market. Last
All BTC transactions are eligible for the new zero-fee trading offer. Currently CoinSwitch has listed 100 cryptocurrencies to its platform. India’s prominent cryptocurrency exchange platform, CoinSwitch, has removed trading costs for Bitcoin (BTC) transactions on its network, for a short period. During this offer period, all users with fully verified
Investors would have a difficult time complying with rules and regulations. Toomey criticized the agency’s approach to the crypto sector. Mark Cuban claims that the Securities and Exchange Commission’s regulation of how cryptocurrencies are registered would be nothing short of “a nightmare.” Shark Tank star and Dallas Mavericks owner shared
As per DOJ, Stollery failed to properly register TBIS’s offering. It is anticipated that he will be sentenced on November 18, 2022. Titanium Blockchain Infrastructure Services (TBIS) CEO Michael Stollery has pled guilty to his participation in a scam that brought in $21 million via a false initial coin offering
Indian government can track cryptocurrency movements thanks to the 1% transaction tax. RBI has advised the government to set laws and outlaw cryptocurrencies. Over the last several months, China has seen one of the most stunning crackdowns on cryptocurrencies in the world. If other emerging nations in Asia follow suit,
The price of BTC has been fluctuating around $20K in the last 7 days. Lighting Network BTC capacity is now 4,290 & has increased 34.6%. Bitcoin has made some new achievements today in terms of lighting network capacity and entity count with at least one BTC. The price of the
An $800 million bond payment is due in January 2023 on President Nayib Bukele. El Salvador’s initial purchase in September last year saw a 50% drop in its value. Investors can take advantage of the present pricing of El Salvador-issued Eurobonds because of the recent crypto meltdown, according to Morgan
