OmegaPro co-founder arrested over $4 billion crypto scam

As multiple countries and entities weigh the validity of a central bank digital currency the physical United States dollar still sits in a place of dominance — but for how long?“The dollar is the dominant currency today,” ING economist Carlo Cocuzzo said on a panel at London Blockchain Week. Cocuzzo added that “90% of forex…

As a payment institution, the new fintech MB Pay will enable certain digital banking services to the crypto exchange's users in the country. 357 Total views 13 Total shares Cryptocurrency exchange Mercado Bitcoin was granted a payment provider license from Brazil's central bank on June 2, according to local media reports. With the license, the…

U.S. citizens can now purchase Dogecoin from ATMs in 45 of the country’s 50 states. 318 Total views 9 Total shares Famous meme crypto Dogecoin (DOGE) can now be accessed through 1,800 ATMs across the United States.Leading Bitcoin ATM provider Coinflip announced the support for Dogecoin on Mar. 1, with the company’s CEO and co-founder,…

Coinbase director Conor Grogan has flagged on chain data that highlights massive USDT mints ordered by Sam Bankman-Fried’s Alameda Research in 2021. Blockchain data flagged by Coinbase director Conor Grogan indicates that Alameda Research redeemed over $38 billion for Tether (USDT) tokens in 2021 despite not having the equivalent assets under management.Onchain data shows that

It's grim news for economists and a bittersweet advertisement for Bitcoin this week after the latest CPI report. 1086 Total views 1 Total shares Bitcoin (BTC) gained more free publicity this week as inflation data showed that prices are rising faster than even experts had anticipated.The latest Consumer Price Index (CPI) report on June 10 from the…

For many people involved in the international crypto space, the idea of throwing valuable Ether tokens at comically named blockchain projects in anticipation of unworldly profits now seems a laughable and distant memory. There is little doubt that what we experienced with the 2017-2018 Initial Coin Offering (ICO) mania was a once-in-a-generation phenomenon, the somber aftermath…

Countries like the Bahamas and Thailand are on the leading edge of CBDC development, according to a new research report. 2047 Total views 20 Total shares A new ranking of global central bank digital currencies, or CBDCs, places the Bahamas at the top of the leaderboard in terms of retail applications – offering an important…

Fast facts City: SydneyCountry: AustraliaPopulation: 5.2 millionEstablished: 1788 Sydney is Australia’s first, oldest and second-most populous city (just), world-famous for its harbor views and iconic landmarks, such as the Opera House and Harbor Bridge — affectionately nicknamed “The Coathanger” by locals. The Harbor City’s second-most notable feature is 100 beaches across the metropolitan area with…