Tag Archives: crypto

Mixers within the crypto community are experiencing huge booms in business despite the crypto space crashing like it never has before. Mixers Have Been Quite Active Mixers are individuals or businesses that take digital currencies garnered through illicit means and hide them amongst legitimate assets. The process keeps the identities of the parties receiving the crypto quiet while making it appear as though they are not engaged in illicit activity. As time has gone by,...

The nation of Sri Lanka is warning citizens and telling them to avoid using or trading digital currencies whenever possible. Sri Lanka Appears to Be Very Anti-Crypto The warning comes at a moment when the whole world seems to be rethinking its attitude towards crypto. At the time of writing, the digital currency space is experiencing a period of suffering unlike any other. Bitcoin, for example, the world’s number one digital currency by market cap, has lost more than 70...

The number of romance scams involving crypto have exploded in recent years. Not long ago, Kevin Sam of Antioch became the latest victim of one such scam, and he’s lost hundreds of thousands of dollars in digital currency funds. Kevin Sam Has Lost a Lot of Money Sam says he met a woman online that he’s not naming at press time. She described her as such: She was very kind. Still to this day, she’s kind of empathetic. He commented that their relationship continued to grow...

Hyosung America is joining hands with Digital Mint, a premier cash-to-crypto platform, so it can launch a new API-based app store. Digital Mint Is Looking to Ensure Safe Access to Crypto The big clincher with Digital Mint is that customers can purchase bitcoin instantly at both ATM and teller locations throughout the U.S. The company also has its own software companies can implement if they are interested in engaging in bitcoin sales. Founded in the year 2014, Digital...

The Barracuda Championship is the first PGA Tour stop that will be accepting cryptocurrency as a method of payment for event tickets. Thus, golf fans and digital currency fans alike can finally meet in the middle and enjoy something together. PGA Says “Yes” to Crypto The move is pushing the goals of bitcoin and its digital counterparts closer to being achieved. What many people likely forget is that while bitcoin and many of its crypto cousins have taken on either...

With the crypto space falling into oblivion, many wonder if the arena has what it takes to ever come back. According to Ray Youssef of Paxful fame, the crypto industry isn’t going anywhere, and he’s confident market recovery will soon be in the books. Ray Youssef on the State of Crypto In a recent interview, Youssef stated that while things may look bleak at the time of writing, no one really needs to worry. He says that the crypto space has garnered enough adoption that...

Paul Krake is an ex-macro hedge fund manager that doesn’t think much of crypto. In fact, he’s downright skeptical of the space. Paul Krake Doesn’t Think Much of Crypto In a recent interview, Krake said he’s convinced many digital currencies are going to vanish into thin air in the coming years. He thinks a lot of them are fraudulent and will not stand the test of time. He stated: There are 19,000 [crypto] coins in the world. 18,980 of them are going under… Crypto is BS,...

Can bitcoin and crypto help minorities? This appears to be the overall sentiment amongst many analysts and industry heads. How Minorities Can Benefit from Crypto Several claim that minorities have often been underbanked or have faced opposition from standard financial institutions. These minorities often do not gain access to the tools or services they need to stay afloat and survive, and bitcoin can potentially bring them the solutions they’re eager for. Teri Williams –...

Sam Bankman-Fried – the crypto executive behind the growing and increasingly popular digital exchange FTX – has said many of the digital currencies out there are “empty products” with “real crash potential.” Sam Bankman-Fried on Many of the Newer Assets His words come at a time when the crypto space is arguably suffering like it never has before. Assets like bitcoin, for example, have lost more than 70 percent of their value at the time of writing, with the world’s...

American football star Tom Brady – who has recently become the celebrity front man for FTX, a new yet increasingly-popular digital currency exchange – was recently featured in an odd, yet interesting advertisement for the platform in which he melted a block of ice containing a single bitcoin with a flamethrower, thus symbolizing that no crypto winter can stop the space from flourishing. Tom Brady Is Seen Promoting FTX In the ad, Brady is seen standing next to a pool. He...