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Tag Archives: crypto

Couple Arrested for Role in 2016 Bitfinex Crypto Hack

The Justice Department has arrested a couple in New York for their alleged participation in a crypto scam that occurred roughly six years ago. Ilya Lichtenstein – age 34 – and his wife Heather Morgan, age 31, have been charged with laundering funds garnered through a massive $3.6 billion cryptocurrency hack that targeted popular digital currency exchange Bitfinex in 2016. The Crypto Space Still Sees Its Fair Share of Hacks Cryptocurrency hacks and thievery in the world...

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Bitcoin Has Risen, and the Crypto Space Seems to Be Recovering

Cryptocurrencies have shot up over the past several days. Bitcoin, for example, has gone up past $43,000, while Ethereum has shot past $3,100. Dogecoin has also jumped by more than six percent and is trading for about 15 cents at the time of writing. Bitcoin Is Doing Better Bitcoin has been suffering throughout the new year, and while things are certainly up at press time, it’s likely going to be a while before they fully recover. Bitcoin initially rose to about $68,000...

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Experts Discuss Why Crypto Is Not Mainstream Yet

Bitcoin and crypto has been around for many years, but none of the well-known assets of today have hit a peak. None have reached mainstream acceptance levels, and there are several people out there wondering what it’s going to take for these currencies to be given their due. Why Is Crypto Not Further Ahead? A recent panel of experts – including Chris Smith, founder of BIG Esports; Josh Marcus, COO at Rumble Gaming, and Evan Heby, senior marketing manager at Tipalti – sat...

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The U.S. Is Looking to Have More Say in Crypto Regulation

The prices of the world’s major cryptocurrencies – including bitcoin and Ethereum – have crashed this week. Bitcoin, for example, has fallen below $33,000 per unit, while Ethereum is down to about $2,300. At the center of all this is a new executive order that Joe Biden is set to issue. The order will ask the Fed and other financial agencies in the U.S. to look at cryptocurrency and determine the risks and opportunities that come with the space. The U.S. Is Looking to Implement New Crypto...

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Crypto Has Given Way to Many Rug Pulls, Researchers Say

Hackers have learned to manipulate smart contracts so they can engage in what are known as crypto “rug pulls” and make off with heavy profits. Rug Pulls Are Becoming Too Common According to a recent document published by blockchain analysis firm Chainalysis, rug pulls were the most common cyberattack to occur in the crypto space throughout 2021. Rug pulls are when new coins or tokens are established very quickly. The developers ultimately do all they can to bring...

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India Seeks Introduction of Anti-Tax Evasion Crypto Laws

The new budget session of Parliament in India is particularly important given that this is allegedly when the country is going to make some hardcore decisions regarding the future of crypto within the nation’s borders. Regulators are seeking to initiate some new laws in which anti-tax evasion laws surrounding crypto will be set in stone. India Is Looking to Prevent Tax Evasion Through Crypto India has had a very up and down relationship with digital currency. Since 2018,...

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Most Americans Have Left Crypto Out of Their Wills

Most Americans don’t have a will or anything in place to decide how their assets or belongings should be distributed once they leave the Earth. According to a Gallup poll last year, about 46 percent of Americans don’t have a will, a number that has been largely consistent for the last 32 years. Many Americans Don’t Place Crypto in Their Wills In the past, things like airline rewards and credit card points were mostly up for grabs in situations like these. However, now...

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Mozilla Says “No” to Crypto Donations

The Mozilla Foundation announced on Twitter on New Year’s Eve that it was going to be accepting crypto donations. However, this decision has since come under fire by one of the firm’s co-founders, and it looks like Mozilla is rescinding the decision. Mozilla Foundations Rejects Crypto Jamie Zawinski – one of the people involved in creating Mozilla – says he’s happy to play a role in preventing the firm from making such a “terrible decision.” He has long been a big critic...

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Matt Damon wird zum Bitcoin-Botschafter

Schauspieler Matt Damon wirbt für eine Bitcoin-Börse. Aktuell sind Werbeanzeigen der Krypto-Börse Crypto.com in allen Medien vertreten. Seit Neuestem wirbt sogar Matt Damon für die Plattform. Stellt sich nur die Frage, welche Gründe es für diese Werbeoffensive gibt? Das Unternehmen aus Singapur investierte jüngst knapp eine Milliarde US-Dollar um das bekannte Staple Center in Los Angeles mit dem Namen der Online-Börse zu versehen oder um...

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Bitcoin-Botschafter Matt Damon

Schauspieler Matt Damon wirbt für eine Bitcoin-Börse. Aktuell sind Werbeanzeigen der Krypto-Börse Crypto.com in allen Medien vertreten. Seit Neuestem wirbt sogar Matt Damon für die Plattform. Stellt sich nur die Frage, welche Gründe es für diese Werbeoffensive gibt? Das Unternehmen aus Singapur investierte jüngst knapp eine Milliarde US-Dollar um das bekannte Staple Center in Los Angeles mit dem Namen der Online-Börse zu versehen oder um...

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