Bitcoin Pizza Day 2023: Community celebrates anniversary of first known BTC transaction
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Crypto Fraud Now Exposing Legacy Banks to Compliance Issues, Reports CipherTrace
The nature of cryptocurrency fraud is shifting away from exchange hacks, and toward Ponzi-style frauds, pyramid schemes and exit scams. A massive 533% rise in the value of such crimes means that as misappropriated funds are laundered, the traditional banking system is increasingly exposed to risk under upcoming Financial Action Task Force (FATF) rules. That’s…
Terra’s Bitcoin purchase and BlackRock comments back ETH’s surge to $3.1K
Ether (ETH) bulls have a few good reasons to celebrate the 20% gain between March 14 and March 24. The price increase surprised many and led to the first daily close above $3,000 in 34 days. Even with this move, Marc's $2.4 billion Ether options expiry is somewhat uncertain because bears can easily profit by pushing…
Bermuda Ministry of Finance Approves Velocity Ledger ICO
The Bermuda Ministry of Finance has approved the initial coin offering (ICO) of trading company Velocity Ledger Holdings Limited (VLHL), according to a press release published on April 10.VLHL’s subsidiary VL Financial is now in the application process with the Bermuda Monetary Authority (BMA) to obtain the relevant licenses to operate. If approved by the…
After 14 Years in Investment Banking, I Joined the Crypto Industry
“How could I possibly do this?” — That is what I asked myself when the opportunity presented itself to leave my 14-year career in corporate and investment banking to join the startup world. It was certainly one of the biggest decisions of my life. I chewed on it for a month, which in my world…
Second Lawsuit Filed Against Plaid
Another class action lawsuit against Plaid has been filed citing the company violated user data privacy. 1428 Total views 20 Total shares A new class action lawsuit complaint against fintech startup Plaid has been filed with more plaintiffs alleging the company violated the data privacy of users. The new complaint filed on behalf of four new…
Bitcoin price plunges below $43K in minutes in crypto market rout
An $8,000 daily loss leaves the market shaking its head on one of the most volatile days in Bitcoin since the China miner rout. 14650 Total views 50 Total shares Bitcoin (BTC) fell sharply as trading continued on Sept. 7 as a volatile day took BTC price action below $43,000 in one of the most…
FTX miniseries gets go ahead, covering the ‘most brazen frauds ever committed’
The Russo’s are reported to have said that FTX “is one of the most brazen frauds ever committed” in their reasoning for wanting to create the show. 422 Total views 2 Total shares An eight-episode limited series exploring the unraveling and scandals behind sunken crypto exchange FTX and its leadership is slated to soon begin…
Price analysis 5/9: BTC, ETH, BNB, XRP, SOL, ADA, LUNA, DOGE, AVAX, DOT
Global equity markets extended their decline on May 9 and the S&P 500 fell to a new 52-week low. Bitcoin (BTC) dropped to a new year-to-date low and most major altcoins extended their decline as they tracked the weakness in the stock markets.Data from blockchain analytics firm Glassnode shows that Bitcoin inflows to centralized exchanges…