According to the report made by the United States of justice, the FBI agency successfully pulled off a recovery mission from a hacking group. Two healthcare centers were reported to have been attacked by a cyber-crime group. The investigation later revealed their affiliation with the North Korean Government. Two U.S. Healthcare Providers, Victims of The…
Paraguay has just joined the list of countries with a cryptocurrency regulatory framework. The regulatory framework of crypto transactions has been made in different countries for the past year. Countries give out different policy structures and guidelines for crypto investors, buyers, and exchange platforms. Paraguay Senate to Control BTC Trading and Mining The senate members…
The Initial Coin Offering (ICO) fraud saga started around October 2020, after a Late renowned tech expert, John McAfee was arrested. The late tech expert was arrested after a report was made to the Spanish authorities; who detained him immediately. John McAfee Initial Coin Offering (ICO) Fraud Arrest The warrant of the arrest was an…
The Bank of America is now taking a bullish position toward Bitcoin. Its recent chart analysis shows Bitcoin in the month of June this year. The bank shows optimism about the asset in its global research report for 2022. It further shows that Bitcoin has survived many crashes through the years. But the king coin…
Diplomats from the US have called on Tokyo to put pressure on Japanese crypto dealers. The focus is on miners and crypto exchanges to cut ties with Russia. The call is geared toward tightening Russia’s financial exposure over the war in Ukraine. Washington Demands Japan Crypto Companies Boycott Russia The US demanded that Japan ensures…
Lawyers in the lawsuit against Solana claim that its native token is a centralized asset. They further say it is riddled with insider trading to the disadvantage of retailers. Too Strong Allegations Solana labs have become the most recent crypto firm to be entangled in a lawsuit. The lawyers went ahead to say it is…
The Bank of England has said the crypto market requires a firm regulatory framework. And not just that, the market also requires a dedicated law enforcement style. All these are because of the volatility the market experiences from time to time. The Bank equally cautioned that asset prices in the market could still fall further….
The Swiss crypto exchange SIX announced its June 2022 trading metrics on Friday. SIX saw a drop in its trading turnover as it fell to CHF 97.8 billion. That amounted to 10.7% less than what it made in May. The Advantage of Quantity The number of trades on the platform was 4,919,123. It is a…
Russia’s central bank is about to give permission to mine cryptocurrencies in the country. The proviso is that proceeds from the mining are converted into fiats currencies outside Russia. The latest development came after the bank relaxed its position on cryptocurrency usage. The Central Bank Gives Its Nod to Legalizing Crypto Mining Russian miners are…
Argentina has been struggling against increasing inflation for a long time now. Its Peso has been falling helplessly against the US Dollar. Argentina has one of the highest rates of crypto adoption in the world. What a Resignation Foretells The country witnessed a sharp rise in the price of dollar-pegged stablecoins over the weekend. The…
The general crypto market is currently looking to reclaim its position. It might get back to its $1 trillion overall capitalizations real soon. This possible development followed a strong correction that took place early in the month of June. A Sudden Price Action Altcoins, led by Ethereum, were seen to have staged a solid rebound….
There were rumors flying around the market this week about Ripple’s new developments. There is news that the lawsuit between the firm and the SEC is ending soon. There are also filters about the proposed Canadian operation being worked on. As a result of the aforementioned, XRP has gained a significant increase. What the token…
