Tag Archives: crypto

Trump’s chat with Musk skipped crypto, defying big bets on Polymarket. Bitcoin’s omission from the interview reflects persistent cryptocurrency uncertainty. Former President Donald Trump’s interview with X CEO Elon Musk, which drew over a million listeners, had no mention of bitcoin (BTC) or cryptocurrency. The two-hour talk touched on issues such as illegal immigration, the economy, artificial intelligence, and global warming. The interview was delayed by 45 minutes owing to what Musk said...

Tornado Cash founders face serious legal challenges and regulatory scrutiny. OKX has issued strict instructions to users regarding interacting with Tornado Cash due to regulatory risks. Tornado Cash, a decentralized cryptocurrency mixer known for maintaining asset tracks, is facing increased regulatory scrutiny. U.S. Treasury penalties and legal actions against its inventors have brought attention to the technology, which is frequently used to conceal illegal operations. As the legal battle...

True friends are said to reveal themselves when you’re in need, especially when it comes to financial support. Many people tend to wear masks, but it’s during times of genuine need, like requiring financial assistance, that their true colors emerge. However, if you’d rather not find yourself in the position of asking friends for money and uncovering their true nature, there’s another option – making a new friend who can provide the financial help you need. Enter HugeWin, a platform that...

Sygnum granted capital markets services (CMS) licence for asset management in Singapore Sygnum today announces a major addition to its institutional crypto sector indices product portfolio – the Sygnum Crypto Multisector Index Linked Certificate (ILC). Exploring crypto investments beyond Layer 1 The Sygnum Crypto Multisector Index Linked Certificate is designed to give professional and institutional investors broad and intelligent exposure to the...

President Donald Trump holds crypto. According to a financial disclosure released in July, Trump holds anywhere between $250K and $500K in Ethereum-based assets in a crypto wallet. Donald Trump is a Crypto Holder, Allegedly The news is interesting because many people likely remember in 2019 when Trump openly spoke ill of digital currencies like bitcoin. During that period, he stated: I am not a fan of bitcoin and other cryptocurrencies, which are not money, and...

Internet influencer Lil Tay was announced as dead in an Instagram post that later turned out to be false. This has only deepened the crypto mystery that now surrounds the hoax. Lil Tay and Crypto… A Web of Oddities? In mid-August, a post on the Instagram page of Lil Tay said the 14-year-old and her brother had passed away. However, Lil Tay eventually went onto her page and commented that her account had been hacked, and that she and her family member were still...

British Columbia, Canada has been a hotspot for crypto crime as of late. One of the big things that’s happening is crypto is being used to launder illicitly funds garnered by organized crime rings. British Columbia: The Biggest Crypto Crime Spot? In a recent interview, Hilary Morden – an expert on gangs in British Columbia – shared the information she had on the topic. She has spoken with more than 100 individual gang members, mostly in 2016 and 2017 through a...

The owner of the Carolina Fish Market in Ballantyne, North Carolina is in trouble for using a COVID-based loan to purchase cryptocurrency. James Seidel has been accused of defrauding the Small Business Administration (SBA) using Economic Injury Disaster Loan funds. COVID Fraud Became Rather Prominent The COVID pandemic of 2020 and 2021 brought about a huge string of disasters. The economy tanked, people were out of work, and many businesses were forced to either...

PayPal – the world’s biggest digital payment platform – has announced the release of a new USD-pegged stable asset it’ll use to enter the digital currency market. PayPal is Delving Deeper into Crypto PayPal has had a strong background in crypto. A former executive with the firm – David Marcus – lent plenty of energy and time to aid Facebook’s failed Libra project, which would have seen a new stable currency payment outlet formed on the social media giant. Also,...

Popular game seller GameStop has announced an end of all ties to its crypto wallet system given the space is too uncertain. GameStop Withdraws from the Crypto Space The comments make sense in that there is very little crypto regulation permeating the U.S. Traders have no clear rules to follow and neither do the companies and platforms that hold their assets, and this is setting them up for some very harsh realities through financial agencies such as the Securities...