Tether has ‘redistributed’ $108.8M in USDT from illicit activity since 2014
The most recent seizure of $5 million USDT from pig-butchering scams marks a “significant victory” in the ongoing fight against cyber fraud, according to Tether.
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IMF global outlook suggests dark clouds ahead for crypto
The IMF has forecast economic growth to slow from 6.1% last year to 3.2% in 2022, which some believe will have negative consequences for crypto. 257 Total views 4 Total shares Investors are warning of further volatility in the digital asset markets as the International Monetary Fund (IMF) forecasts a slowdown in global economic growth.The…
Gibraltar MP: Unless Outlawed, Every Country Recognizes Crypto Payments
Gibraltar’s financial minister says every jurisdiction recognizes crypto payments in the absence of policies explicitly outlawing them. In an exclusive interview with Cointelegraph, Albert Isola, Gibraltar’s minister for digital and financial services, argued that every country that respects contract laws recognizes crypto payments in the absence of regulation which prohibits them.On the question of whether…
Africa to bring 100 million users to DeFi in three years from now, says founder of Cardano
Cardano founder Charles Hoskinson predicts that the DeFi revolution will take place in the developing world. 830 Total views 19 Total shares Charles Hoskinson predicts that the Decentralized Finance sector will acquire 100 million users within the next three years by tapping into the developing world's market potential.“Who's actually going to do peer-to-peer loans? Who's…
Bitcoin price liquidation risk increases as BTC struggles to reclaim $18K
Bitcoin (BTC) price had a mixed reaction on Dec. 9 after the November report on United States producer prices showed a 7.4% increase versus 2021. The data suggested that wholesale costs continued to rise and inflation may last longer than investors had previously believed. Oil prices are also still a focus for investors, with crude…
Dutch Central Bank: Crypto Firms to Be Regulated as of January 2020
The Dutch central bank has today revealed it will begin regulating firms that offer cryptocurrency-related services as of Jan. 10, 2020.Reuters reported on Sept. 3 that De Nederlandsche Bank clarified that relevant firms in the sector must register with the institution if they wish to continue to operate.The bank’s official statement reportedly reads:“In concrete terms, firms…
Australian Securities Exchange Switch to Blockchain Delayed to 2022
After stakeholders raised concerns about the Australian Securities Exchange’s blockchain infrastructure plan, it has been postponed until 2022. 207 Total views 2 Total shares The Australian Securities Exchange (ASX) has further delayed its switch to blockchain after public lobbying from key stakeholders.According to a June 30 update from the ASX, the exchange has officially delayed…
Deutsche Börse and Commerzbank invest in new digital asset venture
Deutsche Boerse invests $12 million in new holding company 360X to develop blockchain-based digital marketplaces featuring NFTs. 2762 Total views 18 Total shares German securities marketplace Deutsche Boerse and major bank Commerzbank have jointly invested in a new holding company which plans to focus on blockchain technology and digital assets.Deutsche Boerse announced Thursday that the…
Internet Computer eyes 50% move as ICP enters ‘falling wedge’ breakout territory
The price of Internet Computer (ICP) reversed directions after falling to its record low near $14.50 on Feb. 24 and has rebounded by more than 30% ever since. And now, it appears the 35th-largest digital asset by market capitalization has more room to grow in the coming weeks.ICP breaks out of 'falling wedge'ICP's daily chart…