Tag Archives: News

Australian law enforcement agents are claiming that crypto has become the number one go-to tool for those looking to commit money laundering or financial fraud. Australian Authorities Issue Crypto Warning Senior executives of the Australian Transaction Reports and Analysis Center (AUSTRAC) claim crypto has become part of the “money laundering tool kit,” and that using digital currency technology to sneak and hide funds from prying eyes has become standard behavior in the...

Warren Buffett is telling all his followers that buying bitcoin or gold during times of war is a terrible mistake. He is telling them all to avoid these assets and to avoid hoarding cash and to put all their money into stocks, as these are the only safe assets that can assuredly build wealth in the long-term. Warren Buffett: Stocks Are the Only Answer Buffett has never been a big bitcoin fan. He has often referred to it as “rat poison squared” and applied other...

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Shaktikanta Das – the governor of India’s central bank – says that the 2008 financial crisis could happen all over again if people don’t start cracking down on the world’s leading digital currencies. He says another financial disaster is right around the corner, and a lot of it will likely be attributed to bitcoin and its altcoin cousins. Shaktikanta Das Is Not a Crypto Fan In a recent interview, Das said: Our view is that it should be prohibited because if you try to...

Core Scientific – one of the largest digital currency mining firms in the world – has announced it’s filing for chapter 11 bankruptcy protection. The proceedings took place in a federal bankruptcy court in southern Texas. Core Scientific Is Filing Bankruptcy Core Scientific has been hinting at potential bankruptcy for some time. It stated in its official court documents that the declining price of bitcoin, as well as rising electricity prices to run its mining centers...

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