The Many Facts Pointing to Paul Le Roux Being Satoshi Nakamoto
The 48-year old former programmer and criminal cartel boss, Paul Calder Le Roux, was deemed a Satoshi Nakamoto suspect in the spring of 2019. The suspicion caused a few people to believe Le Roux is the most credible Satoshi yet, ... read more.
Philippines Regulator Warns Investors to Steer Clear of Mining City's Bitcoin Vault Ponzi
There’s a mining contract scheme people are discussing and making the rounds on the web called “Mining City” or “Bitcoin Vault.” The Philippines SEC recently put out a warning against the operation and the alleged masterminds behind the project. One ... read more.
Fidelity Digital Assets Touts Bitcoin Credentials, As Publicly Traded Companies Now Hold Over 600,000 BTC
Fidelity Digital Assets (FDA) says diversifying an investment portfolio with bitcoin is especially essential now when benchmark interest rates globally are near or below zero. The opportunity cost of not allocating to bitcoin is simply higher explains FDA in its ... read more.
Shariah Compliance Expert Says Cryptocurrencies Are Legit Commodities
A shariah compliance expert, the current chairman of the Shariah Advisory Council at Malaysia's central bank and a shariah board member at many financial companies, says that cryptocurrency is a legit commodity that can be exchanged. Cryptocurrency and Shariah Compliance ... read more.
Cryptocurrency ETFs: SEC Wants to Facilitate Tokenized Products
The U.S. Securities and Exchange Commission (SEC) wants to facilitate tokenized exchange-traded funds (ETFs), according to chairman Jay Clayton. The agency is collaborating with other U.S. regulators to determine how to regulate different crypto products. SEC Open to Tokenization of ... read more.
Cashfusion Use Increased by 328%, $200M in BCH Fused and Close to 20,000 Fusions
Cashfusion, the privacy-enhancing solution for the Bitcoin Cash network is nearing its one-year anniversary and during the last four months, fusions have increased by 328.93%. The protocol recently completed a security audit and fusions are nearing 20k with close to ... read more.
FSB Report Says Stablecoins Promote Financial Inclusion: Urges Regulators to Tighten Laundering Controls
The Financial Stability Board (FSB) says stablecoins have the potential to enhance the efficiency of the provision of financial services. The body adds that the hybrid cryptocurrencies have the potential to bring efficiencies to payments (including cross-border payments) as well ... read more.
Bitcoin Adoption Soars in Turkey Amid High Inflation, Lira Hitting Record Low
People in Turkey are increasingly turning to bitcoin as the local currency, the Turkish lira, recently hit another record low against the dollar. Bitcoin adoption in Turkey outshines other countries in the region. Turkey Is Regional Leader in Bitcoin Adoption ... read more.
The Great Financial Reset: IMF Managing Director Calls for a 'New Bretton Woods Moment'
As the global economy shudders from the disastrous effects of central planning, the International Monetary Fund (IMF) managing director in Washington, DC, Kristalina Georgieva is calling for a “new Bretton Woods moment.” Georgieva spoke about the juncture on October 15, ... read more.
Rare Batman NFT Digital Art Collection Sells for Record 540 Ether
A five-piece collection of Batman digital art has sold for a combined 540.86 ether, or about $202,000, on Makersplace, a record price for non-fungible crypto artwork. The rare artwork is a collection of animations or PNG files of the Dark ... read more.
Peter Schiff's Euro Pacific Bank Under Investigation by Tax Authorities in 5 Countries
Euro Pacific Bank, founded by gold bug and bitcoin skeptic Peter Schiff, is reportedly under investigation by the tax authorities of five countries. The bank's customers allegedly include several tax fraud masterminds and a Russian syndicate described by the FBI ... read more.
Monetary Stability: The IMF and Fed Chair Jerome Powell Discuss Digital Currency Implications
On Monday, the International Monetary Fund (IMF) published a report on crypto assets like central bank digital currencies (CBDCs) and global stablecoins (GSCs). Moreover, the IMF also hosted a virtual panel that discussed digital currencies and cross-border payments with the ... read more.
An Ethereum VR Game Featuring Atari and Care Bears Sells Plots of Virtual Land for $76K
A great number of Non-fungible tokens (NFTs) have been selling on various marketplaces this year creating tens of thousands of dollars in NFT sales. One particular platform called The Sandbox has been selling virtual land parcels for thousands of dollars ... read more.
Macro Investor Dan Tapiero on Crypto Adoption: Emerging Economies Ahead of Developed States
Bitcoin and gold holder Dan Tapiero, says it is still early to talk of widespread crypto adoption as the proportion of users relative to the rest of the population remains low. Tapiero makes the remarks while referring to a study, ... read more.
Bitcoin Proponents Bemoan Joe Biden's Proposed Capital Gains Hike
The U.S. presidential election is only 14 days away, and a number of bitcoin proponents have been discussing the capital gains tax implications Joe Biden plans to invoke if he wins the American presidency. According to Biden’s plan, capital gains ... read more.
Payments Giant Paypal Says Its Customers Can Now Buy and Sell Bitcoin
Payments giant Paypal says its customers can now buy, sell and hold bitcoin and other virtual coins with the company’s online wallets. The company also says its customers will able to use cryptocurrencies to shop at the 26 million merchants ... read more.
Hackers Donate Bitcoin From Ransomware Attacks to Charities
A group of hackers has donated some of the bitcoin it extorted via ransomware attacks to charities, claiming that it wants to "make the world a better place." However, the law says donations from ill-gotten gains must be rejected but ... read more.
Institutions Long and Hedge Funds Short: Bitcoin Options Traders Prep for 'Big Moves' Ahead
Trends in bitcoin options markets are making it difficult for financial analysts to pinpoint BTC’s next move. Data from CME’s recently published trader report shows that institutional investors are capturing a larger number of bitcoin long contracts, while hedge funds ... read more.
$10 Billion in BTC Reserves: Companies With Bitcoin Treasuries Command Close to 4% of the Supply
The web portal bitcointreasuries.org now shows close to two dozen firms with a large number of bitcoin reserves. Currently, the aggregate total bitcoin held in reserves by the 23 companies listed is roughly 785,999 BTC worth well over $10 billion ... read more.
'Bitcoin's No Longer Optional' — What Investors Say About Paypal Launching Crypto Services
Paypal launching cryptocurrency services has given crypto investors much to think about. While many crypto users view the news as extremely bullish, some point out several areas of concern bitcoin investors should be aware of. 'Every Major Bank Is Having ... read more.
Goldman Sachs to Settle Massive Corruption Case for $2.8 Billion With US Government
Goldman Sachs has reportedly agreed to settle with the U.S. government over its role in a corrupt Malaysian government investment fund, which is one of the firm's worst scandals since the financial crisis. In addition, Goldman Sachs previously agreed to ... read more.
Grayscale Adds $300 Million in Cryptocurrency Assets Under Management in Just 24 Hours
Grayscale Investments said Thursday that it added $300 million in net assets under management (AUM) in just the last 24 hours. The firm now has a record $7.3 billion in total AUM, according to a tweet by Barry Silbert, chief ... read more.
8 Countries Stricken With Rampant Inflation See Bitcoin Prices Touch All-Time Highs
The price of bitcoin touched new highs in 2020 and a number of supporters are optimistic that the crypto asset’s value will drive higher. In addition to this year’s bitcoin price high, around eight different countries have seen bitcoin touch ... read more.
Mastermind of Alleged Billion Dollar Spanish Pyramid Scheme Arrested, Faces 16 Year Prison Sentence
The CEO of Arbistar the Spanish investment company, Santiago Fuentes, has been arrested and arraigned on charges of fraud, belonging to a criminal organization and money laundering. Fuentes, who has been in hiding since September, was arrested at one of ... read more.
Paypal's Crypto Embrace: Morgan Stanley Says Move Boon for Mass Adoption, Critics Say Payment Giant Violates Crypto Principles
The entry of Paypal into the cryptocurrency industry continues to expose the divide between traditional crypto space players who are less enthusiastic and non-crypto players who endorse the move. Non-crypto players like the analysts at Morgan Stanely are agreement with ... read more.
China Drafts Law to Legalize Digital Yuan, Outlawing Competitors
China's central bank, the People's Bank of China (PBOC), has drafted a law to legalize the digital yuan and outlaw digital currencies issued by anyone else competing with it. Meanwhile, the central bank has been cracking down on gambling sites ... read more.
Billionaire Paul Tudor Jones Sees Massive Upside in Bitcoin, Like Investing in Apple or Google Early
American billionaire hedge fund manager Paul Tudor Jones has recently become more bullish on bitcoin. He declared the cryptocurrency the best hedge against inflation and compares investing in bitcoin now to investing in early tech stocks, like Apple and Google. ... read more.
