Over 600 Bitcoin ATMs went offline globally in 2 months
Law enforcement authorities are proactively seeking out and closing Bitcoin ATMs that are frequently involved in extortion and scams.
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FTX, Alameda execs plead guilty to fraud charges: Community responds
From wondering where the funds are to ridiculing Caroline Ellison’s trading skills, crypto community members reacted in various ways to news of exes pleading guilty. 189 Total views 2 Total shares Own this piece of crypto history Collect this article as NFTIn the newest update to the FTX saga, former Alameda Research CEO Caroline Ellison…

Major Korean Financial Holding Company Wins Blockchain Patent for Improved Fintech Security
Leading South Korean financial holding company KB Financial Group Inc. has been awarded a patent for a blockchain-based fintech app security solution, South Korean economic news outlets The Digital Times reports Monday, Oct. 15.KB Financial is reported to have over $342 billion in assets under management and presides over multiple overseas and domestic subsidiaries, among…

Bitcoin cycle is far from over and miners are in it for the long haul: Fidelity report
In a jampacked report on digital assets, Fidelity asset management theorizes that miner movements indicate the Bitcoin cycle has a lot more room to run. 442 Total views 12 Total shares Fidelity Digital Assets — the crypto wing of Fidelity Investments which has $4.2 trillion assets under management–shared their “two sats” on the future of…

Bitcoin, dollar plunge while S&P 500 rallies after US inflation hits 3-decade high
Bitcoin (BTC) and the U.S. dollar fell in tandem while the S&P 500 refreshed its record high at open on Friday as the Federal Reserve's preferred inflation indicator surged to its highest levels in almost three decades.According to data shared by the US Bureau of Economic Analysis, the US Core Personal Consumption Expenditure (PCI) rose…

Bitcoin price threatens $19.6K as Ray Dalio predicts 30% stocks crash
The aftermath of the Ethereum Merge gives no respite to crypto bulls, who face continued market pressure as stocks also trend down. 168 Total views 3 Total shares Bitcoin (BTC) attempted to violate local lows on Sep. 16 as the latest cross-crypto downtrend intensified.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewNo relief for BTC bulls post…

US Senator Finds Negative Reactions to Facebook’s Libra ‘Puzzling’
United States Senator Mike Rounds expresses his support for Facebook’s Libra coin in a letter sent to Libra Association member Anchorage Trust company.United States payment systems in its infancyOn Oct. 17, U.S. Senator Mike Rounds wrote to Nathan McCauley, president of crypto custodian company Anchorage Trust, where he expressed his concerns that other parts of…

Rethinking approaches to regulation of the Fourth Industrial Revolution
Mass adoption of technologies of the Fourth Industrial Revolution (4IR) potentially could trigger an even larger than projected transition to a new taxonomy of regulation concerning various fields of human life, including that of finance and the market itself. New technologies are enabling new concepts, systems and frameworks, such as driverless cars, drone postal deliveries…

Bitcoin Price Rallies to Set a 2020 High Near $9.5K – Is $10K Next?
Bitcoin (BTC) price has rallied to $9,439 and bulls have again shown that they have no intention of letting the crypto market’s most valuable asset stay below the $9K mark. Bitcoin daily price chart. Source: Coin360Earlier in the day Bitcoin’s price dropped below $9,000 to a daily low at $8,879, which led some analysts to issue…