If your country has adopted a CBDC, you might be suffering

A group of Venezuelans has filed a lawsuit with a Florida Federal Court in connection with a Ponzi scheme involving $30 million in cryptocurrency promoted by Canadian investment radio host Harold Seigel.Payment and commerce news outlet Pymnts.com reported today, July 16, that seven Venezuelans claim to have been lured into a $30 million worth digital…

The way Celsius founder Alex Mashinsky tells it, he not only invented DeFi, but also Uber and VoIP — and he even had a crack at creating Bitcoin, four years before Satoshi Nakamoto.Weirdly enough, there’s some truth to all these claims.“I tried to create electronic money in 2003, 2004,” he said, as if inventing a…

The Winklevoss twins’ Gemini platform is being added as a constituent exchange for the Chicago Mercantile Exchange (CME Group)’s cryptocurrency reference rates.As revealed in an official tweet from CME Group on Aug. 8, Gemini will be included in four major crypto pricing indices as of Aug. 30.CME Group Bitcoin, Ether IndicesAs reported, CME Group launched…

Mainstream media corporation Thomson Reuters was awarded a patent for a blockchain-based identity management system, documents from the U.S. Patent and Trademark Office released on April 2 reveal.The patent, originally filed on Dec. 22, 2015, describes a system providing identity services capable of receiving an identity from an identity provider system alongside validated identity data,…

Friday, September 7: after the midweek bloodbath, crypto markets have slightly stabilized today, although many coins continue to shed value, as Coin360 data shows.Market visualization from Coin360Bitcoin (BTC) is trading at around $6,430 at press time, down just under one percent on the day, according to Cointelegraph’s Bitcoin Price Index.Despite a bullish start to September,…

O’Leary emphasized that the truth about FTX can be discovered, thanks to the unique nature of blockchain technology. Own this piece of crypto history Collect this article as NFTIn an interview with Yahoo Finance on Dec. 6, Shark Tank’s Kevin O’Leary called for calm in the wake of FTX’s collapse. The exchange’s former CEO, Sam…

An unknown mining group currently controls more than half of the Grin blockchain’s hashing power. 486 Total views 12 Total shares Grin, a privacy-focused cryptocurrency built on the Mimblewimble protocol, has just suffered a 51% attack on its blockchain.According to a Nov. 7 tweet from crypto mining group 2Miners, an unknown group accumulated 57.4% of…

Income tax, property tax, VAT, corrective taxation — there is a tax goldmine out there for governments, but they will have to think hard about accessing it. 362 Total views 1 Total shares Governments have yet to address all the ways crypto might be taxed, the International Monetary Fund (IMF) has realized, and the amount…

Bots continue to be an issue for X users within the cryptosphere as they battle spam, impersonation accounts, and phishing links. Binance co-founder Changpeng Zhao (CZ) urged Elon Musk to ban bots — automated accounts that spam the social media site and are used to amplify content or for coordinated attacks — from the X