Category: cryptocurrencies

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US ‘Kidnapped’ Russian Crypto Businessman Denis Dubnikov, Lawyer Says

U.S. law enforcement agents have “kidnapped” crypto entrepreneur Denis Dubnikov in Mexico, before transferring him to the Netherlands where he was arrested, his lawyer told Russian media. Dubnikov is suspected of money laundering and faces up to 20 years in prison if extradited to the United States. FBI Accused of Kidnapping Russian Citizen With Cryptocurrency…
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AMC Theatres debuts online Bitcoin payments after months of teasing

AMC Theaters now accepts online payments in Bitcoin, Ether, Bitcoin Cash and Litecoin, with Dogecoin coming next. American cinema giant AMC Theatres is finally adopting cryptocurrencies such as Bitcoin (BTC) for online payments following months of teasing the new payment option. AMC CEO Adam Aron announced Thursday that the company now proudly accepts four major…
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Russian Nationalists Prepare Bill to Regulate Cryptocurrency Mining

Lawmakers from the Liberal Democratic Party of Russia are gearing up to introduce a draft law designed to regulate crypto mining. The nationalists say the legislation will benefit both Russian citizens and the state, as well as those who want to get involved in the business legally. Nationalists Propose Regulations for Russian Crypto Miners The…
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Pew Research Center: At least 16% of Americans have owned crypto

The poll seems to indicate that crypto investors skew younger and more male than the population as a whole. A survey released by the Pew Research Center on Thursday found that roughly 16% of Americans have invested, traded or used some form of cryptocurrency. The number jumps to 31% for people aged 18–29, and even…
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Shark tank star Kevin O’Leary says crypto holdings comprise 10% of this portfolio

O’Leary claims that he was never a cryptocurrency skeptic in the first place but instead, was pressured by his compliance department to “back-off” on crypto. In a live recording with Reddit’s r/CryptoCurrency Talk Thursday, Shark Tank celebrity Kevin O’Leary discussed how cryptocurrencies now make up 10% of his investment portfolio: “At the beginning of the…
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Traders look to ‘buy the dip’ after spot ETF rejection sends Bitcoin price to $62K

The SEC’s rejection of VanEck’s spot Bitcoin ETF application may have influenced Nov. 12’s drop to $62,000, but most traders view the correction as a buying opportunity. Bears swooped in to seize the upper hand on Nov. 12 after news that the United States Securities and Exchange Commission (SEC) had rejected the VanEck spot Bitcoin…
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Finiko Fugitives Suspected of Moving 750 BTC From Crypto Pyramid’s Wallet

A large amount of cryptocurrency has reportedly been withdrawn from a wallet previously controlled by the Finiko Ponzi scheme in Russia. The wallet’s unknown operators have transferred coins worth $48 million this month. The digital currency was split into smaller amounts and deposited to different addresses. 750 BTC Removed From Crypto Pyramid Finiko Wallet A…
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Axie Infinity guild CGU helps players enter the fantasy play-to-earn NFT game with ‘scholarships’

“By playing-to-earn and learn, our scholars are gaining critical new skills that will shortly be in huge demand by employers setting up shop in the metaverse,” says CGU co-founder Sergei Sergienko. Axie Infinity, a monster-battling NFT game, has been gaining a lot of traction with over $600 million Axies bought and sold in the past month.…
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Wealth flex? Coinbase now allows users to share their crypto allocations

“We want to empower the cryptoeconomy to share knowledge and information and learn from each other,” said Coinbase senior product manager Rishav Mukherji. All of United States-based crypto exchange Coinbase’s roughly 68 million verified users can now more easily make information on their portfolio public. In a Coinbase blog post on Friday, senior product manager…
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How traders can use Twitter to anticipate altcoin price moves

Data shows that a spike in Twitter mentions preceded massive price rallies in at least five altcoins. When crypto traders win big, they often take to Twitter to share the joy. They tend to do the same for sharing painful stories of getting wrecked, discussing promising new assets, or sharing insight and predictions on which…
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