Cryptocurrency, once heralded as a groundbreaking technology, has now become a breeding ground for organized crime and money laundering. This alarming trend is evident in a series of deaths that have been linked to the crypto world. The recent cases of Bulgarian crypto mogul Christian Peev and Argentinean millionaire Fernando Pérez Algaba highlight the disturbing
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In an effort to regulate the advertising practices of social media influencers, French authorities have implemented new rules that require influencers, including those in the crypto industry, to obtain a certification before promoting financial products. The certification, called the Responsible Influence Certificate in Finance, was developed by the Autorité des Marchés Financiers (AMF) and the
Bitcoin price is slowly moving higher above $26,000, indicating a potential recovery for the cryptocurrency. However, as it continues its upward trend, the digital asset faces resistance at the $26,500 level. Resistance Zone and Moving Averages Bitcoin is currently trading above the $26,000 resistance zone and the 100 hourly Simple Moving Average (SMA). This suggests
The estimation of Bitcoin production costs has recently undergone adjustments by JPMorgan, attracting attention within the industry. Previously set at $21,000, JPMorgan has revised its estimation to $18,000, which is closely linked to the updates made by the Cambridge Bitcoin Electricity Consumption Index (CBECI) in its methodology. This relationship emphasizes the correlation between financial analyses
Meme coins like Shiba Inu and Dogecoin have garnered significant attention from the crypto community in recent years. These coins, known for their blend of humor, culture, and financial speculation, have become not only a hot topic within the crypto space but also a social phenomenon. One project that has attracted attention in this space
Former co-CEO of FTX Digital Market, Ryan Dalame, is reportedly planning to plead guilty to criminal charges related to the collapse of FTX in November. This development comes after extensive negotiations with prosecutors, and the guilty plea is expected to take place on September 7 at a Manhattan Federal Court. Dalame’s role at FTX involved
Coinbase, one of the largest cryptocurrency exchanges in the United States, has been facing a lawsuit from the U.S. Securities and Exchange Commission (SEC) since June 6. In the midst of this legal battle, top executives at Coinbase have sold more than $30 million worth of company shares, raising questions and concerns within the crypto
Tamadoge, the web3 games platform, is making waves in the crypto space with the introduction of its new burn program. The program aims to enhance the scarcity and value of Tamadoge’s native token, $TAMA. By reducing the circulating supply of $TAMA, Tamadoge plans to attract new centralized exchange listings and further strengthen its position in
With the rapid growth of crypto-assets like Bitcoin and stablecoins, concerns regarding their financial stability and integrity risks have become more prominent. In response to these concerns, the International Monetary Fund (IMF) and the Financial Stability Board (FSB) have published a report commissioned by the G20 under India’s leadership. This report outlines a comprehensive framework
A recent survey conducted by South Korean newspaper Segye Ilbo, in collaboration with research firm Embrain, revealed that a significant majority of citizens in South Korea view cryptocurrency as a form of gambling. The survey, which included 1,000 participants nationwide, took place from August 3 to August 8, 2024. According to the findings, approximately 80%