A man in New York has been charged with running a cash-to-Bitcoin money laundering scheme in New York. Among other things, the case also shows the negative bias of law enforcement to crypto. Laundering Money Through Bitcoin According to a recent Bloomberg report, a 42-year-old man called Thomas Spieker was indicted for allegedly running a “cash-to-Bitcoin” money laundering operation in New York. The man was supposedly bragging openly on social media about his doings,...
Read More »Tennessee Residents Marred by Bitcoin Mining Noise
Residents of a Tennessee town are not too happy with the addition of a bitcoin mining facility that’s allegedly causing heavy noise in the area. The facility was built by Red Dog Technologies, and it’s been stationed in a small area where everyone seems to know one another, and problems are few. Bitcoin Mining Is Creating Too Much Noise for These Residents The noise of the bitcoin mining business allegedly started out as a small hum last spring. From there, it got louder...
Read More »Two NFT Rugpullers Arrested for a $1.1 Million NFT Scam
The US Justice Department announced that two men have been charged with conspiracy to commit wire fraud and money laundering “in connection with a million-dollar scheme to defraud purchasers of NFTs advertised as Frosties.” The suspects, Ethan Nguyen and Andre Llacuna, were accused of lying about benefits promised to NFTs buyers and withdrawing the cryptocurrency proceeds out of the Frosties account through multiple transactions. Their real-life identities were disclosed...
Read More »Rio de Janeiro to Accept Cryptocurrency Payments for Taxes (Report)
Cryptocurrency adoption comes in different forms these days, but it seems that countries and cities are becoming more open to the idea of allowing certain payments to be made using such assets. Brazil’s second-largest city said it wants to become the first within the nation’s borders to accept BTC payments for taxes. The report from Bloomberg Linea outlined the announcement from the city of Rio De Janeiro indicating that residents will be able to pay IPTU (Imposto Sobre a...
Read More »Bashoswap Kicks Off Private Sale Whitelist, Set To Release Innovative Dapps On Cardano
Bashoswap, a multi-protocol decentralized exchange on Cardano has entered another phase in it’s roadmap. After releasing the white paper some weeks ago and series of development progress in building innovative Decentralized Apps (Apps) on the Cardano network, has kicked off the whitelist for the $Bash Token private sale. Bashoswap aims to build full-featured Cardano decentralized finance products geared to benefit the Cardano ecosystem. While working on this goal, it...
Read More »Crypto Market Cap Reclaims $2 Trillion as Bitcoin Touched $45K (Weekend Watch)
Bitcoin kept climbing yesterday and registered a new three-week high at just over $45,000. On a daily scale, though, most alternative coins have lost some traction, but the crypto market cap has reclaimed the coveted $2 trillion mark. Bitcoin Touched $45K Bitcoin’s price trajectory in the past several days has been predominately upward. The asset scared the bulls on Monday that it could dip below $40,000 for the first time in a week, but they regained control over the market...
Read More »LBank Exchange Will List ShibaDoge (SHIBDOGE) on March 28, 2022
INTERNET CITY, DUBAI, Mar. 25, 2022 – LBank Exchange, a global digital asset trading platform, will list ShibaDoge (SHIBDOGE) on March 28, 2022. For all users of LBank Exchange, the SHIBDOGE/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on March 28, 2022. Shiba Inu and Dogecoin have built strong communities with more than 5 million token holders and $40 billion worth of combined market cap. To bring these two kingdoms together, ShibaDoge was...
Read More »LBank Exchange Will List Ryoma (RYOMA) on March 28, 2022
INTERNET CITY, DUBAI, Mar. 25, 2022 – LBank Exchange, a global digital asset trading platform, will list Ryoma (RYOMA) on March 28, 2022. For all users of LBank Exchange, the RYOMA/USDT trading pair will be officially available for trading at 18:00 (UTC+8) on March 28, 2022. The NFT boom is sweeping across the globe, and the GameFi ecosystem has been creating billions of dollars worth of market. Ryoma aims to be the GameFiDAO for game development, distribution and prop...
Read More »LBank Exchange Will List EZChain (EZC) on March 28, 2022
INTERNET CITY, DUBAI, Mar. 24, 2022 – LBank Exchange, a global digital asset trading platform, will list EZChain (EZC) on March 28, 2022. For all users of LBank Exchange, the EZC/USDT trading pair will be officially available for trading at 20:00 (UTC+8) on March 28, 2022. A new era of truly digital and sharing economy has just started with blockchain, extending to every industry such as gaming, digital art, eSport, social networking, real estate, etc. Providing high...
Read More »Ukraine Launches NFT Museum to Remember The War Against Russia —And Raise Funds
On March 25, Mykhailo Fedorov, Vice Prime Minister of Ukraine and Minister of Digital Transformation of Ukraine, announced on his official Twitter account the launch of an NFT museum where the most memorable events of the Ukrainian-Russian conflict will be displayed. This seems to be the materialization of an idea first revealed by Alex Bornyakov and reported by CryptoPotato on March 14. According to Fedorov, the museum will serve as a place to celebrate “the Ukrainian...
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