Tether onboards head of government affairs from PayPal
Jesse Spiro said he intended to work with industry leaders and lawmakers to help grow the ecosystem in his role at Tether.
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PlusToken Scammer Implicated in China’s Second Ten-Figure Crypto Ponzi
Local police have busted Wotoken, China’s second ten-figure crypto Ponzi. 686 Total views 19 Total shares The scam, Wotoken, took in roughly $1 billion worth of crypto at current prices from over 715,000 victims.One of the scam’s core operators is purportedly linked to PlusToken — a multi-billion Ponzi that is believed to have impacted the…
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Cointelegraph Consulting: Stablecoin activity drops after May peak
Stablecoin usage lost steam amid the recent crypto market downturn. From peaking at nearly $2 billion on May 19, the daily transaction volume has fallen off its 2021 average by about 60%. The significant drop begs the question about stablecoin activity in the current market environment.Unsurprisingly, the two cryptocurrencies that remain in a tight race…
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US Army Seeks a Cloud-Based Solution to Track Illicit Crypto Activities
The U.S. Army Criminal Investigation Division Command plans to use a web application to track and trace cryptocurrency transitions. 708 Total views 14 Total shares The United States Army Criminal Investigation Division Command (USACIDC) is seeking a Software-as-as-Service web application to help them track and trace illicit cryptocurrency transactions.According to a statement of work published…
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Beijing to Test Blockchain Platform for Fighting Fraudulent Invoices
Following a successful rollout in Shenzhen last year, China’s blockchain invoicing system is being introduced to the capital.On March 2, the Beijing Municipal Office of the State Administration of Taxation announced its decision to launch a city pilot for the blockchain-based system, with immediate activation for taxpayers in selected industries.The platform is a tool for…
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Tezos (XTZ) & Chainlink (LINK) Prices Slide 10% — More Pain or Buy the Dip?
The most energetic performers from the past period, Tezos (XTZ) and Chainlink (LINK), are now showing a heavy retracement. Tezos corrected 32% since its local high at $3.96, while Chainlink also corrected 25% since reaching a top at $4.87. Do the current pullbacks provide buy the dip opportunities, or will the altcoins slide further in the…
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Garlinghouse: Ripple would still thrive even if XRP were declared a security
The CEO thinks his company will be just fine, even in this hypothetical scenario. 817 Total views 5 Total shares Ripple CEO Brad Garlinghouse believes his company can still thrive under a hypothetical scenario where XRP is declared a security by U.S. lawmakers. Appearing on episode 439 of the Pomp Podcast, Garlinghouse talked about the implications…
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Bitcoin will crash to $50K, 10x Research warns
According to 10x Research, Bitcoin’s potential drop below $50,000 is linked to dwindling buy flows and accelerating sell flows.
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