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Search Results for: Digital dollar

Binance Contributes $10 Million to Ukraine Following Russia Invasion

Over the previous 24 hours, the amount received has almost doubled. The Ukrainian government has now received $18.9 million. Banks and conventional means of money transmission are sluggish, costly, and sometimes controlled and monitored; crypto has emerged as the preferred option for fundraising and gifts. There have been several social

February 28, 2022 1 min read

FTX CEO Sam Bankman Tweets Optimistic Outcome From Washington

U.S Senators had summoned the 29-year-old multi-billionaire to appear before them. Large organizations have recently joined the cryptocurrency bandwagon. Digital asset regulation is once again being called for by FTX CEO Sam Bankman Fried, who claims that institutions have been reluctant to engage in crypto because they believe regulatory certainty

February 23, 2022 2 mins read

Classic vs. SBot – Which GRID bot suits your trading style?

The Grid trading strategy is a technique to make profits on market movement by positioning buy and sell orders at different levels, above and below a set price. You can create your grid to profit from trends or ranges and even automate it. Bitsgap SBot and Classical bot are the

February 23, 2022 4 mins read

DiveWallet is Launching on the Spark Launchpad on March 5, 2022

New Orleans, US, 23rd February, 2022, Chainwire DiveWallet is a functional cross-chain wallet committed to safeguarding the assets of crypto users while making the virtual currency sector more practical. The wallet is scheduled for release in Q3 of 2022.  The wallet developers are excited to announce the launch of their

February 23, 2022 3 mins read

Major Altcoin Prices Nosedives Amid Global Crypto Bloodbath

The sell-on-rally position is supported by AVAX’s second rejection from the $95 level.  Fantom is down 15.87% in the last 24 hours. Once again, a correction has taken place in the global crypto market, which has lowered the value of several digital assets. It has cost the industry its threshold

February 22, 2022 2 mins read

U.S Enforcers Seized $30M of Crypto Linked to Netwalker Ransomware

As cryptocurrencies are booming over past years, the hackers and scammers are also rising on the same hand. In addition, the U.S market is one of the largest and leading cryptocurrency marketplace in the world.  Moreover, as crypto hackers are playing their smart games, the governments are also keeping an

February 19, 2022 2 mins read

UK Authorities Confiscate 3 NFTs Worth $1.9 Million Suspecting Tax Evasion

Earlier this week, the United States recovered $3.6 billion in stolen Bitcoin. Last year, NFT’s made multimillion-dollar sales at Christie’s and Sotheby’s. The UK’s tax agency seized three non-fungible tokens worth 1.4 million pounds ($1.9 million) as part of a suspected case of value-added tax fraud, the first internal legal

February 15, 2022 1 min read

Netflix Announces Documentary Series on Bitfinex Bitcoin Fraud

Few stolen Bitcoins have been moved out of the wallet over the last five years. If convicted, the pair faces up to 25 years in jail. Netflix has scheduled a documentary series on the largest-ever crypto fraud after the seizure and recovery of over 94,000 Bitcoins worth $3.6 billion this

February 12, 2022 1 min read

US Authorities Seizes 94K BTC Linked to 2016 Bitfinex Hack

The two suspects were taken into custody in Manhattan, New York City. More than two thousand bitcoin accounts were discovered in one wallet. According to the US Justice Department, a New Yorker-based couple has been detained for allegedly plotting to launder millions of dollars worth of cryptocurrencies, which announced the

February 9, 2022 2 mins read

LBank Exchange Integrates Chainlink Price Feeds for Secure Perpetual Futures Prices

We’re excited to announce that LBank Exchange—the world-class digital asset trading platform—has integrated Chainlink Price Feeds. By integrating the industry-leading decentralized oracle network, LBank Exchange will have access to high-quality, tamper-proof price feeds needed to help secure perpetual futures trading on the platform. This will provide our users with stronger

February 9, 2022 4 mins read