What are the U.S. and Latin American Countries Using Crypto For?
While the U.S. and Brazil see more institutional usage, Argentines and Venezuelans resort to them to cope with inflation. The role of remittances in Mexico
Sam Bankman-Fried, The Fallen Wunderkind Of Cryptocurrency
Sam Bankman-Fried's stunning rise to prominence and wealth would be matched by his spectacular fall, and with it that of his platform FTX.
Colombia Hit By Massive Cyber Attack; Over 50 Government, Private Websites Affected
The cyberattack reportedly affected 762 companies across Latin America, including those in Argentina, Panama and Chile.
How Latin America Is Taking The Lead In Crypto Adoption
Latin America may soon become the epicenter of emerging and exciting real use cases that require a critical mass of users and scale to work, says Szymon Sypniewicz.
Brazil's Largest Bank Starts Crypto-Based Taxation Payments
A bank in Brazil has begun to offer taxpayers the option of paying their debts using cryptocurrency-based transactions.
Hackers Backed By North Korea Stole $1.7 Billion Of Crypto In 2022
Hackers linked to North Korea stole $1.7 billion of crypto in 2022, said Chainalysis.
El Salvador Approves Law To Regulate Issuance Of Other Digital Assets
The legislative branch of El Salvador passed a law that would allow them to regulate digital assets and cryptocurrencies being created, as a way to attract more investors in the country.
Crypto Company To Lay Off More Workers As Cost-Cutting Efforts Continue
Coinbase is reportedly laying off more workers soon as they continue to struggle in a stormy crypto market.
Donald Trump’s Digital Trading Cards Are Tanking
Almost a week after Donald Trump launched his first set of NFTs in the form of digital “trading cards,” their value has increased and decreased dramatically within a matter of days. The former president announced last Thursday that he was releasing digital trading cards to be sold as NFTs for $99 per image.
Crypto King And Queen Appear To Be Turning On Each Other About FTX Collapse
Sam Bankman-Fried and Caroline Ellison may end up turning on each other as the FTX collapse issue still remains unsolved.
‘King Of Crypto’ Denies Committing Fraud, Reveals He Is Financially Wiped out
Sam Bankman-Fried says he had a bad month financially and this proved costly on FTX declaring bankruptcy.
El Salvador Announces Buyback Of Sovereign Debt Bonds As Economy Falters
El Salvador has approved a second buyback of the country's sovereign debt bonds, as many economists and analysts around the world worry about a potential default from the Latin American country.
As El Salvador’s Crypto Investment Continues To Collapse, Country Signs Free Trade Deal With China
As El Salvador's Bitcoin investment collapses due to the closure and insolvency of a major crypto-exchange, the country on Tuesday signed a free trade deal with China.
Kim Kardashian Sued For Promoting Crypto, To Pay More Than $1 Million Fine
Kim Kardashian will pay more than $1 million to settle SEC charges for failing to disclose a payment she received for promoting cryptocurrency on Instagram.
Crypto Hedge Fund Founders Go Missing As Investors Try To Get Money Back
The founders of the recently bankrupt hedge fund Three Arrows Capital have reportedly gone missing on Tuesday, along with over $3 billion in assets that the company has left over after its fall in value.
Crypto Trail Opens New Leads In Abduction, Suspected Murder Of Billionaire's Wife
The abduction and kidnapping of the wife of a Norwegian billionaire may be linked to a cryptocurrency scam as well as a false identity that may hold clues as to the woman's location.
Nurse Loses Life Savings, Job After Falling Prey To Bitcoin Scammers Online
A woman in New York was the victim of a scam as an email about her finances prompted her to convert some of her retirement savings into Bitcoin and send it to an unknown wallet, losing much of her funds and her job in the process.
Biden Mulls Launch Of Crypto 'Digital Dollar' As US Inflation Reaches 40-Year High
With inflation at a 40-year high, President Joe Biden on Wednesday signed an executive order instructing the Treasury and Commerce Departments and corresponding agencies to report back to him on the future of money as the country explores if it should create its own crypto-like U.S. Central Bank Digital Currency.
Russia Is Evading Sanctions With The Help Of Cryptocurrency?
Bitcoin mining in Russia remains steady, though sanctions could affect miners' calculus over time as the United States is taking a punitive approach.
Who Is Eun Young Choi? DOJ Names Cybersecurity Prosecutor To Bust Crypto Crimes
Deputy Attorney General Lisa Monaco confirmed Eun Young Choi as the first director of the National Cryptocurrency Enforcement Team.
Melania To Launch 'POTUS' NFT Collection Paying Tribute To Donald Trump
Melania Trump has released a new collection of NFTs celebrating her husband's presidency on Thursday, as accusations of wash trading her previous NFT collection follow her around.
Crypto Investor, Rapper Wife Nabbed Laundering $4.5 Billion In Defrauded Bitcoin
On Tuesday, the U.S. Justice Department announced its biggest-ever cryptocurrency theft following the seizure of a record-breaking $3.6 billion in Bitcoin tied to the hacking of digital currency exchange Bitfinex in 2016, resulting in the arrest of a husband-and-wife team of alleged money launderers in Manhattan.
Donald Trump Says Cryptocurrencies Are ‘Dangerous’ While Promoting Melania’s New NFTs
Donald Trump, who recently promoted wife Melania’s new NFTs, warned that cryptocurrencies are a “very dangerous thing.”
Melania Trump Dabbles Into NFTs To Raise Funds For Foster Care Children
Former First Lady Melania Trump has entered the NFT market with a new token created to help raise funds for foster children aging out of the system.
Dogecoin Soars After Elon Musk Announces Tesla Will Accept Crypto As Payment
Tesla chief Elon Musk has announced via Twitter on Tuesday that his company will accommodate Dogecoin payments for its merchandise on a test basis. The news sent the meme-based cryptocurrency to spike as much as 23 percent.
Crypto Games To Look Out For In 2022: Game Titles That Can Earn Big Bucks
NFT games offer people a chance to play and earn although real money is needed to get anyone started.
First ‘Bitcoin City’ To Rise At The Foot Of El Salvador Volcano Despite Protests
El Salvador's top leader Nayib Bukele has announced plans to create a "Bitcoin City" at the base of the Conchagua volcano in the south-eastern region of La Unión, with its geothermal energy powering Bitcoin mining.
Navy Engineer That Tried To Sell Classified Nuclear Submarine Data To ‘Foreign Power’ Nabbed For Espionage
Jonathan Toebbe, a nuclear engineer working for the U.S. Navy, has been arrested on Saturday for espionage after attempting to sell state secrets to a foreign country.
Whiz Kid, Crypto Hedge Fund Founder Pocketed $50 Million From Investors To Fund Own Lavish Lifestyle
Stefan Qin, a young cryptocurrency hedge fund manager, has been sentenced to more than 7 years in prison after committing securities fraud against his clients.
Drug Traffickers Busted Selling Meth, Heroin On Dark Web For Cryptocurrency
A pair of drug traffickers may rot in jail for life after pleading guilty to peddling a slew of narcotics on the hidden corners of the Internet and securing a stash of cryptocurrency funds from these operations, the U.S. Attorney’s Office in the Eastern District of New York bared.