Money

Peter Diamandis, the founder of X Prize and Singularity University, recently posed a thought-provoking question to his 262K+ followers regarding the reliability of Bitcoin. Many responses highlighted the fact that Bitcoin has maintained its promise and functionality for 15 years without fail. One notable reply pointed out that Bitcoin has consistently executed new blocks of
0 Comments
Recent findings by TRM Labs have brought attention to the concerning trend of illicit activity at crypto ATMs. The report highlighted that these cash-to-crypto services have processed over $160 million in illicit volumes since 2019, with a sharp increase in 2023. The lack of stringent Know Your Customer (KYC) and Anti-Money Laundering (AML) protocols at
0 Comments
The U.S. Securities and Exchange Commission (SEC) recently brought charges against two brothers, Jonathan Adam and Tanner Adam, for allegedly running a $60 million Ponzi scheme. The complaint, filed in the United States District Court for the Northern District of Georgia in Atlanta, accused the brothers of defrauding over 80 individuals. The scheme involved falsely
0 Comments
The past week has been a rollercoaster ride for Bitcoin and other altcoins in the cryptocurrency market. Bitcoin started the week on a high note, soaring past $65,000 on Monday morning. However, the euphoria was short-lived as the price took a sharp downturn, losing over seven thousand dollars by Wednesday afternoon. The bulls made an
0 Comments
Maker, one of the pioneering DeFi lending platforms on Ethereum, has recently undergone a rebranding to “Sky” alongside significant upgrades to its decentralized stablecoin ecosystem. This rebranding includes renaming its stablecoin from DAI to USDS and its governance token from MKR to SKY. Additionally, users can now access the upgraded SKY token by supplying USDS
0 Comments
The US government has responded to former FTX executive Ryan Salame’s attempt to void his guilty plea, asserting that his claims of false promises from prosecutors are unfounded. The US Attorney’s Office has stated that Salame’s allegations are “demonstrably false” and have emphasized that the charges against Salame’s partner, Michelle Bond, are separate and ongoing.
0 Comments