Seven executives of the collapsed South Korean scam cryptocurrency exchange, V Global, were recently handed lengthy jail sentences as punishment for their role in running one of the country’s biggest crypto frauds. Verdict Sets New Benchmark Seven former masterminds of the now-defunct scam crypto exchange, V Global, were recently given jail sentences for their part…
Read more
Real estate may be forever revolutionized, thanks to decentralized technologies. As the Metaverse grows — so does digital real estate. Mark Zuckerberg might claim the Metaverse is the future — but in the eyes of others, the future has already begun. Science fiction author Neal Stephenson coined the term “Metaverse” back in his 1994 novel,…
Read more
Trading volume, tools, altcoins, regulated DeFi and security solutions will continue to shape the institutional crypto market. 2021 was a big year for cryptocurrency. El Salvador became the first country to adopt Bitcoin (BTC) as legal tender. In November 2021, the price of Bitcoin hit an all-time high approaching the psychologically significant mark of $70,000.…
Read more
Governor György Matolcsy reciprocated the need for a crypto ban, currently imposed by China and proposed by Russia’s central bank. György Matolcsy, Governor of the Hungarian National Bank, has proposed a blanket ban on all cryptocurrency trading and mining operations across the European Union. Governor Matolcsy cited the recent crypto ban imposed by China in…
Read more
The Netflix documentary will be about a New York-based couple and their link to laundering nearly 120,000 BTC tied to the crime. Streaming and production giant Netflix will soon produce a documentary series on the infamous Bitfinex hack — one of the biggest financial crimes from 2016 stealing 119,756 Bitcoin (BTC) — worth $72 million…
Read more
Head of Research at Fidelity Digital Asset is convinced Bitcoin’s value proposition as a decentralized and censorship-resistant monetary network sets it apart from other cryptocurrencies. Chris Kuiper, Head of Research at Fidelity Digital Assets, is convinced that Bitcoin (BTC) should be treated separately from other digital assets and believes it plays an exclusive role in…
Read more
Netflix has ordered a documentary series about the couple who allegedly laundered billions of dollars from the 2016 Bitfinex hack. Aspiring rapper Heather Morgan and her husband, Ilya “Dutch” Lichtenstein, were arrested in New York this week. The Department of Justice (DOJ) also seized 94,636 bitcoins stolen from the Bitfinex hack. Documentary Series About the…
Read more
PRESS RELEASE. InsurAce.io has announced that its proposal for a NEAR protocol development grant has now been granted, and that its deployment on NEAR shall take place very soon. InsurAce.io is constantly on the search for new ecosystems and technologies. They have stated that new procedures and protocols will be implemented ever since the initial…
Read more
Financial services firm Wells Fargo says that cryptocurrencies are viable investments that have entered the “hyper-adoption” phase. “Cryptocurrencies have been following an adoption pattern similar to other new advanced technologies, such as the internet,” the firm’s global investment team detailed. Crypto in Hyper-Adoption Phase, Says Wells Fargo Wells Fargo’s investment institute published a special report…
Read more
The truckers Freedom Convoy in Canada continues even after Canadian Prime Minister Justin Trudeau has warned the truckers the government is ready to “respond with whatever it takes.” Furthermore, an Ontario judge on Friday ordered protestors to end the blockade at Ambassador Bridge, and TD Bank gave around a million dollars donated to the Freedom…
Read more
