I’m discussing lots about digital currencies as of late, and the way forward for CBDCs, Stablecoins and Crypto. The dialog typically goes alongside the strains of central banks issuing digital currencies is actually pointless. Nobody needs them and nobody trusts them. The entire thing is only a rip-off for governments to trace and hint you, … Read more
The US Division of Justice (DOJ) has turned up the warmth on a multi-national cryptocurrency fraud ring that allegedly swindled over 1 / 4 of a billion {dollars} from victims worldwide. The fees, filed beneath the Racketeer Influenced and Corrupt Organizations Act (RICO), deliver the entire variety of defendants within the case to 27. On … Read more
President Donald Trump is making financial institution off of cryptocurrency, and Massive Tech desires again in on the motion. Meta is now seeking to revisit its cryptocurrency plans as Mark Zuckerberg’s firm appears to be like to launch a stablecoin to facilitate payouts on its social media platforms, in keeping with a brand new report … Read more
Apr 13, 2024NewsroomCryptocurrency / Regulatory Compliance A former safety engineer has been sentenced to 3 years in jail within the U.S. for costs regarding hacking two decentralized cryptocurrency exchanges in July 2022 and stealing over $12.3 million. Shakeeb Ahmed, the defendant in query, pled responsible to at least one depend of laptop fraud in December … Read more
Two China-based Android app builders are being sued by Google for an alleged rip-off focusing on 100,000 customers worldwide by way of faux cryptocurrency and different funding apps. The corporate is taking motion after scammers reportedly tricked victims with bogus guarantees of excessive returns from Android apps providing cryptocurrency funding alternatives. At the least 87 … Read more
