PlusToken main criminal suspect is facing public prosecution. One of the ringleaders of Plus Token is now facing criminal charges in China. Plus Token is one of the largest apparent scams in the cryptocurrency industry’s history. According to local media, Zhou will face public prosecutors in the Court of Jianhu County, Yancheng City, Jiangsu Province. […]
Continue ReadingRussian politicians suggest fines and prison terms of up to 7 years for illegal issuance and use of cryptocurrencies. Russian lawmakers have suggested punishments of up to 2 million rubles ($27,800) and seven years in prison for illegal turnover of digital assets and cryptocurrencies. As reported by the Russian business channel, RBC, the draft amendments […]
Continue ReadingBinance taking the top spot on recently purchased CoinMarketCap has raised concerns among executives from other top crypto exchanges. For an industry that is supposed to be based upon decentralization, it appears to be getting crowded at the top, with a number of companies transforming into unspoken oligarchs, each wielding huge influence — or at […]
Continue ReadingOne Crypto industry CEO sees Bitcoin hitting all-time highs at some point as the perfect facilitatory atmosphere sets up the move. Aleks Svetski, co-founder and CEO of Bitcoin (BTC) investing application Amber, said the asset could be on route to hit its all-time price high once again. “It’s just a matter of time – there’s […]
Continue ReadingA blockchain game adopts a play-to-earn model that lets users receive fiat for virtual property transactions. As the world discovers more ways to implement blockchain technology, the billion-dollar gaming industry is leveraging the technology to bring transparency, trust and ownership of digital assets to players. A new vision for blockchain games is emerging — one […]
Continue ReadingBitcoin is now facing three scenarios with the 20-week moving average likely playing a key role in determining which way the market goes in the next few months. Bitcoin (BTC) price is up 1.23% for today’s session at $9,175 having reclaimed the $9,000 handle, after briefly losing it and finding lows of $8,800. Overall, the […]
Continue ReadingThe launch date of China’s long-awaited digital yuan remains a secret, creating space for potential fraud. With the official release date of digital yuan being kept in the dark, third-party actors have stepped in to impersonate the digital yuan officials, hoping to attract gullible investors. A recent press statement issued by a company called Yuan […]
Continue ReadingIran’s president has tasked officials at the central bank and ministries of energy, communications and IT with drafting plans for a national cryptocurrency mining strategy. Iran’s president has tasked officials at the central bank and ministries of energy, communications and IT with drafting plans for a national cryptocurrency mining strategy. As reported by the Iranian […]
Continue ReadingThe Twitter CEO announced on May 21 that he would be giving $5 million to Humanity Forward, a UBI-proponent established by Andrew Yang. Jack Dorsey, CEO of Twitter and mobile-payment platform Square, is donating $5 million to Humanity Forward, a group launched by crypto-friendly former presidential candidate Andrew Yang, as part of both entrepreneurs’ efforts […]
Continue ReadingThe price of Bitcoin is set to test lower levels as support after numerous attempts to break $10,000 have failed. Since May 20 Bitcoin (BTC) price has dropped nearly 10%, shifting traders’ focus from taking out the $10K resistance to now holding above the all-important $8,800 support. The short-term bearish trend took hold after the […]
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