Joshua Peck – the founder of True Code Capital – recently offered his thoughts on digital currency. Joshua Peck Talks About the State of Crypto Not long ago, Peck established what he’s calling the Crypto Momentum Fund through his firm. He commented: It provides an opportunity for asymmetric portfolio growth by creating an algorithmic risk-managed exposure to the long-term growth in the emerging cryptocurrency market. True Code launched a cryptocurrency fund after a...
Read More »Arrests Made Relating to Three Crypto Fraud Cases
Several individuals have been arrested on charges relating to three separate instances of crypto fraud, one of which may have involved the largest non-fungible token (NFT) scam to date. As much as $130 million in digital funds are likely to have been stolen. Why Is Crypto Fraud So Common? One of the individuals charged with crypto fraud includes 26-year-old Le Anh Tuan of Vietnam. She was charged in California with one count of conspiracy to commit wire fraud and...
Read More »Meitu Has Lost a Lot of Money Thanks to Crypto
Beauty software company Meitu says it has lost a lot of money on crypto. Meitu Is Suffering Due to Crypto’s Volatility Meitu is one of a few institutional investors that chose to get involved in crypto as the space began growing to unprecedented levels. The company – much like MicroStrategy and Square – felt that the industry was strong enough and, at the time, stable enough that a few investments were warranted. The company eventually put in hundreds of millions of...
Read More »Singapore Looking to Instill New Crypto Laws
The government of Singapore is saying it’s likely to implement new cryptocurrency regulations in the coming future that will potentially keep retailers safe. Singapore Is Looking Deeper at Crypto Regulation Singapore has commented that there is too much volatility and unsteadiness in the digital currency market, especially as of late. The country is looking to ensure people are aware of the risks before they step in. Singapore regulators also say they want retail players...
Read More »The EU Is Implementing New Crypto Regulations
The European Union (EU) has agreed to some new regulations for the crypto space. The EU Seeks to Regulate Crypto Under the new laws being implemented, a cryptocurrency company working in an EU-labeled country must obtain a license before operating. It will also need to implement certain safeguards to ensure customers and their money are safe from fraud and illicit actors. Up to this point, crypto companies were only required to show proof that they had barricades against...
Read More »Ric Edelman on the Future of Crypto
Ric Edelman is the author of a new book called “The Truth About Crypto.” As a former financial adviser and wealth executive, Edelman sat down for an interview and offered his thoughts about what we can expect to see in the digital currency space in the coming years and months. Ric Edelman on Where Crypto Will Go Edelman started out by discussing the present crypto winter and what it means: A crypto winter refers to a major decline in the prices of bitcoin, Ethereum, and...
Read More »Shaktikanta Das of RBI Fame Is Concerned About Crypto
Shaktikanta Das – the governor of the Reserve Bank of India (RBI) – is not a fan of cryptocurrencies, having recently insulted them and practically cursed them in an interview. He even went so far as to suggest they present “danger” to society and the financial industry as we know it. Das Has No Love for Crypto Das commented: We must be mindful of the emerging risks on the horizon. Cryptocurrencies are a clear danger. Anything that derives value based on make believe,...
Read More »Ajeet Khurana On the Future of Crypto in India
Ajeet Khurana is a crypto expert looking to bring positive change to the digital currency world of India. Ajeet Khurana Discusses India’s Crypto Future The nation has continued to have a very rocky relationship with crypto and apparently cannot decide if digital currency activity should be banned. Not long ago, Khurana offered an interview about the development of crypto in the nation and where he thinks the future of the space is headed. Khurana started off by talking...
Read More »Bentley University Students Can Pay for Tuition with Crypto
Bentley University – a private higher education institution in Massachusetts – has announced that it’s going to start allowing students to pay for their tuition with cryptocurrencies like bitcoin. Bentley University Says “Yes” to Crypto Payments University president E. LaBrent Chrite explained in an interview: Bentley University is at the forefront in preparing business leaders with the skills and knowledge to succeed in the changing world economy. We’re proud to embrace...
Read More »Jamie Warder on Digital Banking and the Future of Crypto
Jamie Warder – executive vice president and head of digital banking at KeyCorp’s – said in a recent interview that in the future, as all banking becomes digital, cryptocurrencies are going to play large roles in how people engage with money. Warder Is Confident in Crypto In a recent survey that his company conducted, it was revealed that roughly 80 percent of all Americans choose to do their banking online or through other digital means. Warder believes this has...
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