In the civil case against him, Abramoff owes $55,000, but the judgment in the criminal case remains to be seen. Per a July 15 judgment in the case of the SEC v. Abramoff, Jack Abramoff will pay $55,000 in disgorgement and interest for his involvement in promotion for AML Bitcoin. Abramoff will also be permanently […]
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CBDCs will be the leading digital currencies of the future, and only the competition between various models will determine the winner. Real innovations and breakthroughs don’t happen in the blink of an eye. Bitcoin (BTC) took many years to get to mainstream users since its inception in 2009. The bull market run in 2017 drastically […]
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Traders Peter Brandt and Joe Saz go live with Cointelegraph to explain how to develop an individualized trading style. No two traders trade the same. But what does it take to develop a unique trading style? How large is the leap from amateur trader to skilled, strategical professional? 45-year trading veteran Peter Brandt and YouTube […]
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Abra CEO and founder Bill Barhydt said he sees Bitcoin as a store of value, increasingly distancing itself from mainstream market price correlation. After changing roles several times since its 2009 launch, the current line on Bitcoin (BTC) calls it a store of value comparable to gold — a status with which Abra CEO Bill […]
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Xangle, a crypto disclosure platform by CrossAngle, closes a $3.3 million round from South Korea’s conglomerate Hanwha Group. Major South Korean conglomerate Hanwha Group is cementing its involvement in the cryptocurrency industry with a new investment. Hanwha Investment & Securities, a securities brokerage subsidiary of Hanwha Group, has participated in a 4 billion won ($3.3 […]
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DeFi tokens strongly outperformed Bitcoin price in Q2 but can the triple-digit rallies continue? Compound, the Decentralized Finance protocol, reached the $1 billion dollar mark in funds borrowed from its protocol on June 13, with its top three markets being the DAI and USDC stablecoins followed by Ether (ETH). Currently, MakerDAO’s DAI takes the lead […]
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Despite continuing education gaps, the heads of several crypto-focused trade associations confirmed that lawmakers are paying more attention than ever to the industry. Speaking with Circle’s Jeremy Allaire on July 16, several key figures in lobbying on behalf of crypto and blockchain in Washington, D.C. spoke to a major rise in education and interest in […]
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The Bank of Thailand is looking to test the digital baht with Hong Kong’s central bank after piloting the CBDC with large businesses. Thailand’s central bank has reportedly entered a new phase in the development of its central bank digital currency, or CBDC. The Bank of Thailand, or BOT, has reportedly deployed its CBDC, and […]
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New suit looks to recover nearly three quarters of a million dollars from alleged ponzi scheme that claimed major altcoin gains amid crypto winter. Per a July 15 complaint from two former investors who have been unsuccessful in getting their money back, Utah-based Crypto Traders Management advertised an investment strategy that constituted an unregistered security, […]
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ADA’s price has rallied on the base of Shelley and “smarter contracts,” but mainstream adoption is still a faraway goal. Bitcoin’s (BTC) volatility hitting its lowest since late 2018 has forced investors to turn to altcoins that could act as more lucrative investments in their portfolios. Cardano (ADA) has been one of the largest benefactors […]
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