Norway indicts four over alleged $80M crypto scheme
Authorities in Norway allege that the creators of a crypto scheme laundered $62 million through the accounts of a local law firm.
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New Italian Fintech Startup Bitsa Adds XMR Support to Its Prepaid Card
Italy’s new crypto-powered debit card supplier Bitsa has just expanded its prepaid card with major privacy-focused altcoin Monero (XMR).By enabling Monero support on its Bitsa Card, the company unclocks “all types” of XMR-based card transactions in physical stores and online, including card-to-card transfers and Monero conversion to euro (EUR), Bitsa announced on Feb. 21.Launched in…

Opinion: Have Brazil’s Lula and Argentina’s Fernandez heard of cryptocurrency?
“Good ideas out of context are like shiny objects lost in a dark field,” American writer Seth Godin once said. “They catch your attention, but have no real utility.”Brazilian President Luiz Inácio Lula da Silva and Argentine President Alberto Fernández have been making headlines for a proposal to create a common currency between Argentina and…

Abra CEO: Crypto Firms’ Route to Remittances at Scale Will Be Complex but Successful
Bill Barhydt, CEO of crypto wallet provider and payment startup Abra, believes that consumer cross-border payments and remittance services at scale continue to be a struggle for many crypto firms. Barhydt made his remarks during an interview with blockchain news source Breaker Mag on Jan. 30.As Barhydt outlined, Abra — which counts around 500,000 users…

Enegra migrates digitized equity tokens from Ethereum to Polygon blockchain
The firm selected the Polygon blockchain for its low transaction fees and fast transaction time. 272 Total views 5 Total shares Enegra Group, a commodities trading firm based in Malaysia with a net asset value of $28 billion, has migrated its equity-tied EGX security tokens to the Polygon (MATIC) blockchain from Ethereum (ETH). In 2019, Energra…

Former Paypal, Google Engineering Exec Joins Bakkt as Chief Product Officer
A former engineering executive at PayPal and Google will join the team behind the institutional digital asset platform Bakkt, the firm’s CEO Kelly Loeffler announced in a blog post on Medium on April 11.With over 25 years of experience in digital payments, engineering, strategy and operations, Mike Blandina has joined Bakkt as its chief product…


Bitcoin tries to break $40K second time in two days
After six weeks pacing between $30,000 and $36,000, BTC price is now hovering around $40,000 resistance once again in two days. 1294 Total views 7 Total shares Bitcoin’s (BTC) volatility made the headlines again after the original cryptocurrency briefly reclaimed its $40,000 mark before going back to $39,000 levels. Coming after a two-week-long bearish loom…

Atari token falls 70% just days after public sale concludes
Atari’s new Ethereum token fell off a cliff when trading began, leaving investors wondering what was behind the dump. 234 Total views 1 Total shares Atari Token (ATRI), the first foray into a gaming digital currency by legendary video game developers Atari Interactive, ended its first 36 hours of trading down almost 70%. The current…