Nigeria-based Satowallet has allegedly performed a $1 million exit scam as users have been unable to access their crypto since April. Nigerian crypto wallet Satowallet has allegedly pulled off a $1 million exit scam, while the firm cites an unexplained OVH data server error that has kept user funds in limbo. Multiple versions to delay […]
Continue Reading
Speaking at a summit today, U.S. SEC Commissioner Peirce said that regulators like her organization should “be a little less paternalistic.” United States Securities and Exchange Commission (SEC) Commissioner Hester Peirce recently spoke on innovation in cryptocurrencies, calling regulators excessively paternalistic. DACOM Summit At the Digital Asset Compliance and Market Integrity (DACOM) Summit in New […]
Continue Reading
Puerto Rico-based Medici Bank, founded by a direct descendant of the Italian Medici dynasty, launches private beta testing in October. Puerto Rico-based Medici Bank, founded by a direct descendant of the Italian Medici dynasty, launches private beta testing in October. Medici Bank will be piloting digital onboarding procedures, application programming interface and web portals with […]
Continue Reading
Altcoins are still reeling from Tuesday’s painful correction, which saw double-digit losses, and today continue to tumble. Thursday, Sept. 26 — After Tuesday’s sudden crash, altcoins seemingly entered a consolidation phase yesterday and for the better part of today, until signs of a new downward price trend reared its ugly head. Cryptocurrency market daily overview. […]
Continue Reading
Venezuela’s central bank is exploring the possibilities of holding Bitcoin and Ether in its coffers, at the request of state-owned oil and gas company PSDV. Venezuela’s central bank is exploring the possibilities of holding Bitcoin (BTC) and Ether (ETH) in its coffers, according to anonymous sources who reportedly have direct insights into the matter. Can […]
Continue Reading
Bitcoin price diving below $8,000 has driven market sentiment to extreme fear, which may present a perfect opportunity to buy the dip. Bitcoin (BTC) price dropped out of the descending triangle, causing a level of extreme fear to spread throughout the entire crypto market. Bitcoin price remains bearish since the top at $13,800, as the […]
Continue Reading
Is the Fed’s use of QE a growth catalyst for Bitcoin? Max Keiser tells Cointelegraph: “Bitcoin was introduced to battle zombie banks and QE.” In 2018, the executive on the board for the European Central Bank (ECB) declared Bitcoin, “the evil spawn of the financial crisis” — referring, of course, to the economic disaster 10 […]
Continue Reading
Bitcoin dips below $7,900 after the coin touched four-month lows on Sept. 24. Thursday, Sept. 26 — Bitcoin (BTC) has dipped below $7,800 after the coin touched its four-month lows on Sept. 24. Market visualization. Source: Coin360 Bitcoin entered rough volatility this week after the largest cryptocurrency crashed $1,500 in 24 hours on Tuesday to […]
Continue Reading
The United States Internal Revenue Service (IRS) commissions blockchain analysis services and can investigate crypto reports. Just a few months ago in July 2019, the United States Internal Revenue Service (IRS) sent approximately 10,000 letters to cryptocurrency holders regarding their crypto holdings. The letters detailed that recipients may not have reported their transactions properly, or […]
Continue Reading
Director at Swiss crypto bank Sygnum and former CEO of the largest Swiss bank UBS sees an opportunity to tap the $220 billion cryptocurrency market. Peter Wuffli, the former CEO of Switzerland’s largest bank UBS and director at Swiss crypto bank Sygnum, wants to tap the “$220 billion market of institutions and private individuals who […]
Continue Reading