The U.S. Department of Justice has charged a man for alleged defrauding investors out of $7 million through a cryptocurrency settlements service. Federal authorities in the state of New York have unsealed fraud charges against the principal of a purported cryptocurrency escrow company Volantis in the amount of over $7 million. According to an announcement […]
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The Croatian Post is running a pilot program to let customers exchange crypto for cash by means of a QR code scanner in select offices. The Croatian Post has partnered with Electrocoin to run a pilot program for a crypto-to-fiat exchange in the city of Zadar. The pilot service will reportedly enable crypto holders to […]
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Brad Garlinghouse, CEO of crypto startup Ripple, is concerned about potentially stricter regulations for the digital currency industry caused by Facebook’s Libra stablecoin. Brad Garlinghouse, CEO of blockchain and crypto firm Ripple, is concerned about potentially stricter regulation for the digital currency industry that could result from Facebook’s not-yet-issued Libra stablecoin. Garlinghouse delivered his comments […]
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The president of a major Brazilian trade association said that a proposed tax reform could invite people to turn to crypto to evade taxes. The head of a major Brazilian trade association, the Federation of Industries of the State of São Paulo (FIESP), said that Brazilians could start using crypto to evade taxes. Paulo Skaf, […]
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A judge in Brazil has ordered crypto exchange’s to provide user data on four suspects connected to the anti-corruption Operation Car Wash case. Four individuals allegedly involved in hacking the cell phones of Brazil’s Justice Minister Sergio Moro regularly used Bitcoin (BTC) and other cryptocurrencies, Cointelegraph Brazil reported on July 25. On July 23, the […]
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While the nation’s second-largest bank is remarkably active in registering novel blockchain-powered solutions, critics fear that this might be not in the industry’s long-term interest. Earlier this week, Bank of America (BofA), one the United States’ largest financial institutions, made a massive splash in the crypto sphere as the details of its recently registered patent, entitled […]
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Overstock’s digital currency arm tZERO has released an Android version of its recently launched cryptocurrency mobile application. Overstock’s digital currency arm tZERO has released an Android version of its recently launched cryptocurrency mobile application, according to a press release published on July 25. Initially, the tZERO Crypto App rolled out in late June supporting two […]
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Facebook co-founder and CEO Mark Zuckerberg said that the company will work as long as it takes to appease regulators’ concerns over its Libra stablecoin. Facebook co-founder and CEO Mark Zuckerberg said that the company will work as long as it takes to appease regulators’ concerns over its Libra stablecoin. Zuckerberg delivered his statements during […]
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Cryptocurrencies have begun growing again after seeing significant losses over the past couple of days. Thursday, July 25 — After breaking its psychological price point of $10,000 earlier today, Bitcoin (BTC) has been hovering around the position during the day, with other major cryptocurrencies also trading in the green. Market visualization. Source: Coin360 Bitcoin has […]
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Ramona Watts, the wife of Austrlian computer scientist Craig Wright, has been called to testify in a court case regarding the alleged theft of thousands of Bitcoins. Judge Bruce Reinhart, who is overseeing the ongoing Kleiman v. Wright case, has requested international assistance in order to call Ramona Watts, Craig Wright’s wife, to the stand. […]
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