BTC-e founder pleads guilty in $9 billion laundering conspiracy

The S&P 500 Index (SPX) achieved its highest close of the year last week, and Bitcoin (BTC) also hit a new 52-week high, indicating that risky assets remain strong going into the final few days of the year. Some analysts believe Bitcoin is done with its rally in the short term and may roll over. Popular

Japan’s banking giant Mizuho Financial Group will launch its bespoke stablecoin for payments and remittance services on March 1, local financial newspaper Nikkei Asian Review reports on Feb. 21.In a partnership with around 60 counterpart financial institutions — which together reportedly host 56 million user accounts — Mizuho’s new “J-Coin” digital currency platform will reportedly…

"The goal of xAI is to understand the true nature of the universe," the company wrote. 519 Total views 2 Total shares American business magnate Elon Musk has launched a novel company dubbed “xAI” with the goal of understanding “the true nature of the universe."According to the July 12 announcement, xAI will work closely with…

Azerbaijan has been a hotbed for a series of ambitious fintech-related announcements over the past several months, as the nation’s authorities were apparently moving to implement a series of innovative technological solutions in banking and e-government systems.Repeated statements by government representatives suggested that at least part of the program relied on blockchain infrastructure. Most recently,…

The euphoria seen across the cryptocurrency ecosystem over the past couple of weeks was tampered down on Aug. 26 as an early morning attempt by bulls to push the price of Bitcoin to $50,000 was soundly rejected. Data from Cointelegraph Markets Pro and TradingView shows that following its rejection, the price of Bitcoin slid to a…

Yield farmers looking for a quick profit were recently taken in by a dubious DeFi protocol called UniCats — a yield farming scheme reminiscent of other, more famous protocols like SushiSwap or Yam Finance.According to ZenGo researcher Alex Manuskin, at least one of its users lost more than $140,000 worth of Uniswap's UNI tokens even…

In a Jan. 15 announcement on Binance’s Japanese support website, the exchange revealed it would restrict access to residents of Japan at an unspecified later date.The restriction is said to be implemented gradually, with details to be revealed later, according to the announcement.Currently, there are no restrictions in place and Japanese users are able to…

As a market crash takes place, assets become oversold and typically there’s an “oversold bounce,” “return to mean,” “mean reversion,” or some price snapback to the bottom of the pre-crash range. Afterward, the asset under study either consolidates, continues the downtrend, or returns to the bullish uptrend if the downside catalyst was not significant enough to…

The massive-scale hack of major United States credit card issuer Capital One has left the personal data of over 100 million individuals exposed.As CNN reported on July 30, confidential data for around 106 million Capital One customers' accounts and credit card applications was stolen by an alleged hacker, Paige Thompson, 33, in March of this…