Six People Connected to a $36M Crypto Scam Arrested, Scheme Operated From Multiple Locations in Europe
Authorities in Germany launched a massive operation that cracked down on a sophisticated crypto scam, resulting in the arrest of...
Month: May 2021
Mecum Auctions Now Accepts Digital Currency Payments for Collector Cars
The popular collector car auction company Mecum Auctions has announced the company is now accepting crypto assets for payments. The...
Report: South African Taxes and Smuggling Behind Gold’s Price Distortions in Zimbabwe
Despite gold’s longstanding status as an alternative store of value, the commodity continues to experience unusual price variations in countries...
Restrictions on Crypto Trading to Deprive Nation of Opportunities, Iranian Fintechs Warn
Startups have spoken out against government attempts to curb the operations of crypto exchanges in Iran. Cryptocurrency trading is not...
Turkish crypto exchange acknowledges 2018 breach with 500,000 users’ data stolen
Criminals tried to sell users’ names, ID numbers, emails and addresses on internet forums. Major Turkish crypto exchange BtcTurk came...
Coinbase to raise $1.25B via debt securities for institutional investors
With shares in the Nasdaq-listed cryptocurrency exchange continuing to underperform, Coinbase is seeking a $1.25 billion cash injection from institutional...
State-backed digital currencies can disrupt financial systems: Report
While CBDCs could help central banks address the decline in cash payments, some risk factors remain. Central bank digital currencies,...
Breakneck speed of crypto adoption could result in whiplash, warns wallet exec
Crypto adoption is booming in 2021, but how long can the celebrity-fuelled hype train last? Cryptocurrency adoption on a United...
Luxury yacht firm accepts Bitcoin, hosts mobile and web services on blockchain
The company said it expects to see 40% growth from Bitcoin payments in the first year. A luxury yacht firm...
Fox teams up with Rick and Morty co-creator on animated NFT series
Fox will launch a nonfungible token marketplace for its upcoming animated series, Krapoplis. Fox Broadcasting Company has teamed up with...
Elon Musk impersonators make bank as crypto scammers’ profits surge
Scammers are impersonating Elon Musk and other prominent crypto figures to dupe naive investors out of their coins at an...
Institutions dump BTC as volume soars for Ether funds
Institutional investors appear to have offloaded nearly $100 million worth of Bitcoin exposure this past week while Ether investment product...
1.1M noobs panic sell, but Bitcoin hodlers DGAF
Weak hands are panic selling, but long-term BTC holders have seen it all before. While new entrants to Bitcoin markets...
Spanish Regulator Issues Guidelines for Fund Managers Planning to Invest in Cryptocurrencies
The Spanish financial regulator is easing the entity’s tough stance towards cryptocurrencies by announcing an unprecedented measure that green lights...
Biggest Layoffs in US Banking History: Analyst Predicts Banks to Cut 200,000 Jobs
A Wells Fargo analyst has predicted the largest “reduction in U.S. bank headcount in history.” Banks are expected to cut...
