SEC charges siblings over $60M Ponzi touting a crypto trading bot
The SEC has accused the two brothers of using investor money to fund lavish lifestyles, including the purchase of cars and a multimillion-dollar condominium.
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Crypto population doubled to over 200M users since January, report says
It only took four months for the crypto population to almost double from 106 million in February to 203 million in May, according to a new Crypto.com report. 358 Total views 90 Total shares Cryptocurrency adoption has seen an accelerated growth this year, with the global crypto population doubling since January, according to a new…
Korea’s ‘poop-coin’ project got flushed in February, inventor reveals
There wasn't enough interest in the project, and it wasn't able to stand on its own, the Korean professor behind the Beevi project said. 226 Total views 20 Total shares The South Korean government has put the lid on a science program that created toilets designed to turn human waste into electricity, heat, and digital…
US legislators renew call for EPA investigation of crypto mining emissions data
Senator Edward Markey and Representative Jared Huffman want miners to disclose emissions data and the EPA to lead an investigation of their impact. 368 Total views 4 Total shares Own this piece of history Collect this article as an NFTUnited States Senator Edward Markey and Representative Jared Huffman announced on March 3 that they would…
Crypto Biz: FTX fallout leaves blood in its wake
Bitcoin (BTC) is the greatest monetary revolution of the modern age. By simply buying and holding Bitcoin, citizens are staging a peaceful protest against the indentured servitude brought on by fiat economics. In the process, they’ve initiated one of the greatest wealth transfers of all time — a process that will take decades to play…
Reporting ‘limited progress,’ FATF urges countries to introduce legislation for travel rule
“Countries that have not introduced Travel Rule legislation should do so as soon as possible, and FATF jurisdictions should lead by example," said the organization. 203 Total views 5 Total shares The Financial Action Task Force (FATF) reported that 11 out of 98 responding jurisdictions have started enforcing its standards on Combating the Financing of…
Polish city becomes first to adopt Ethereum blockchain for emergency services
Olsztyn, Poland is using SmartKey built on Ethereum to streamline emergency services. 2709 Total views 26 Total shares Olsztyn, Poland is reportedly the first city in the world to leverage Ethereum’s blockchain to aid the provision of emergency services, offering yet another tangible use case for distributed ledger technology. Olsztyn has completed a successful trial run…
Elon Musk reportedly building ‘Gigafactory of Compute’ for AI
Musk recently said he expected xAI to catch up to OpenAI and DeepMind Google by the end of 2024.
‘Rich Dad Poor Dad’ Author Says Gold, Silver, and Bitcoin Lie Outside the System
Millionaire businessman and author of the book Rich Dad Poor Dad, Robert Kiyosaki, mentioned Bitcoin (BTC) numerous times in a podcast interview with Morgan Creek Digital co-founder, Anthony Pompliano, referring to the asset as an escape.“The reason I endorse Bitcoin is because is just for one frickin reason — you’re not part of the system,”…