A man named Mark Alexander Hopkins has pleaded guilty to federal charges of running a bitcoin money transmitting business without a license. Hopkins May Have Misused His Bitcoin Knowledge Hopkins is described as one of the largest crypto marketers in North Texas and is often referred to as “Dr. Bitcoin” due to his alleged knowledge of the asset and its respective space. As was revealed in court, Hopkins reportedly used his knowledge of bitcoin to work with a Nigerian...
Read More »Iran Prepares Bill to Centralize and Regulate Cryptocurrency Use
Iranian lawmakers recently drafted a bill to “support cryptocurrency mining and organizing the domestic market for exchanges.” Inside the Bill The plan involves making the Central Bank of Iran the primary regulatory body regarding the domestic exchange of cryptocurrencies within three months. This includes plans to prohibit the exchange of any cryptocurrency within the country, aside from a national one, as means of payment. A particularly interesting section of the bill...
Read More »Lawyers Representing Africrypt Brothers Step Away from the Case
Not long ago, the largest crypto heist in history was recorded. Africrypt, an exchange stationed on the continent of Africa, saw as much as $3.6 billion in crypto funds vanish without a trace. Africrypt Owners End Their Lawyers’ Services While at first the platform appeared to be the victim of a hack, things took a unique and ugly turn when the brothers that ran the exchange – Ameer and Raees Cajee – told their customers not to report the incident to law enforcement, as...
Read More »‘Doctor Bitcoin’ Faces Up to Five Years in Federal Prison
Mark Alexander Hopkins, also known as “Doctor Bitcoin,” pleaded guilty on charges against him of running an illegal cash-to-crypto scheme. After allowing criminals to exchange fiat currencies for bitcoin, he faces imprisonment of up to five years. Texas vs. ‘Doctor Bitcoin’ The Acting U.S. Attorney for the Northern District of Texas – Prerak Shah – announced that Mark Hopkins admitted that he ran unlicensed money transmitting business. The prosecution reminded that the...
Read More »USA Is the Most Crypto-Ready Country, According to a Recent Research
The cryptocurrency platform – Crypto Head – ranked the USA as the most prepared nation for the widespread adoption of digital assets. On the other hand, Cyprus is the country most interested in virtual currencies. Who Is Ready for Crypto? Despite the insecure nature of digital assets in terms of regulations, their popularity is still growing among investors. And while each country has its own specific approach towards the market, Crypto Head revealed which nations are the...
Read More »Wall Street sieht Preis für Bitcoin bei 30.000 US-Dollar bis Ende 2021
CNBC hat 100 Manager und Experten der Wall Street befragt und offenbar ist man sich mehrheitlich einig: Bitcoin wird in diesem Jahr keinen weiteren Preisanstieg erleben. Stattdessen erwartet man, dass der Preis exakt auf dem Niveau enden wird, auf dem er sich zurzeit befindet. Bitcoin News: Wall Street sieht Preis für Bitcoin bei 30.000 US-Dollar bis Ende 2021Ungefähr die Hälfte der Befragten glaubt an 30.000 US-Dollar. Ein Viertel sieht jedoch auch einen Preis von 50.000 US-Dollar als...
Read More »Luxurious Beverly Hills Property Worth $65M Can Be Bought with Bitcoin
The owner of an exclusive Beverly Hills residence, listed for $65 million, is allowing buyers to pay with Bitcoin to acquire the property. If executed, the deal will break the record for the most expensive estate sold for cryptocurrency. BTC Invades Beverly Hills The American business magazine Forbes reported that the multimillion-dollar home in Beverly Hills, called Elementi, can be purchased for either $65 million in cash or the bitcoin equivalent to the fiat currency –...
Read More »COVID-19 Vaccine Certificates Sold on the Darkweb for BTC and ETH
Coinfirm revealed that some users on the notorious Darkweb have been selling falsified vaccine certificates for COVID-19 and stolen doses of vaccines in exchange for a variety of cryptocurrencies. Per the report, one can buy 10 shots of the AstraZeneca product for $250 or its crypto equivalent. BTC in Exchange for a Coronavirus Shot Criminals see the anonymous nature of the Darkweb as an attractive marketplace where they can execute a variety of illegal deals. The blockchain...
Read More »Bitcoin Reclaims $34K: Cardano Spikes 7% Following Grayscale News (Market Watch)
Although most previous weekends started with adverse price movements for bitcoin, this time, BTC added more than a grand and reclaimed $34,000. Most altcoins have also reclaimed some ground since yesterday, with Cardano (ADA) rising 7% after news from Grayscale. Bitcoin Tops $34K CryptoPotato reported previously that the primary cryptocurrency tends to head south at the start of the weekends. Consequently, there were concerns about similar developments this time as well. So...
Read More »The SEC Should Have Approved a Bitcoin ETF Already, Says Hester Peirce
Hester Peirce, also known as the “crypto mom,” believes the agency she works at – the Securities and Exchange Commission – should have greenlighted a BTC ETF years ago. She argued that the SEC’s rationale keeps growing weaker. In an interview with CNBC, Peirce commented on the hot topic of Bitcoin ETF in the US and whether the country’s regulator will eventually approve such a product. She said this is “probably the biggest, the most-often-asked question I get.” But, with the...
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