“No Man’s Sky” is a digital game that has been very popular for quite some time now. Unfortunately, there isn’t much one can really do with the in-game virtual currency it comes with. While one can ultimately garner credits and use them for in-game shops, this is kind of where the buck stops. “No Man’s Sky” Is Moving Deeper Into Crypto It appears many diehard crypto fans who play “No Man’s Sky” want something a little savvier. They want an asset that will allow them to...
Read More »New York Governor Hochul Facing Real Pressure to Sign Crypto Moratorium
Kathy Hochul – the current governor of New York – is facing real pressure to hurry up and sign the crypto moratorium that her state’s Assembly passed. Environmentalists Want Hochul to Move It is interesting to see such a liberal leader so hesitant to sign the moratorium. The bill calls for a two-year ban on all digital currency mining businesses thinking of setting up operations in the Empire State. Perhaps Hochul sees something wrong with the bill… Or perhaps, unlike...
Read More »Didi Taihuttu Is Trying to Cope with the Bitcoin Crash
Didi Taihuttu is a man that most crypto traders should likely be familiar with. As the patriarch of what’s been dubbed the “bitcoin family,” he and his kin have ultimately sold all their belongings and devoted their lives to bitcoin. They’ve invested everything into it, and have – up to this point – been living the high life thanks to the world’s number one digital currency by market cap. Didi Taihuttu Is Still Bullish About BTC But this kind of life has come with a few...
Read More »Is Coinbase Allowing the Government to Track Users?
Popular digital currency exchange Coinbase is in hot water after executives were accused of selling users’ private data to ICE (Immigrations and Customs Enforcement). Coinbase Accused of Selling Private Data While specific data of customers is not being disclosed to the agency, Coinbase is allegedly providing it with a suite of features that can be used to track and trace crypto holders on its platform. The company also announced that it was looking to obtain licenses to...
Read More »Open Sea NFT Executive Arrested for Financial Crimes
A former top executive with Open Sea – a leading distributor and designer of non-fungible tokens (NFTs) – has been arrested for crimes such as wire fraud, money laundering, and insider trading. Open Sea Head Faces Criminal Probe NFTs have become increasingly popular over the past two years. First introduced in 2020, NFTs represent partial ownership in larger commodities, such as original comic strips or a piece of art. For example, if one is selling an NFT of the Mona...
Read More »CFTC Investigating $1.7 Billion Bitcoin Ponzi Scheme
The U.S. Commodity Futures Trading Commission (CFTC) has filed charges against a company in South Africa and its head executive for allegedly running the biggest crypto-based Ponzi scheme in recorded history. It is believed the firm may have run a commodity pool composed of nearly $2 billion in bitcoin, though the pool is slated to have been fraudulent. It is also believed that the company violated registration protocols. A CFTC Investigation Is Underway The enterprise –...
Read More »New Book About Crypto Crime Set to Hit Shelves
A new crypto book is coming to store shelves everywhere. The nonfiction work is titled “Tracers in the Dark: The Global Hunt for the Crime Lords of Cryptocurrency.” It is being optioned by a film company called Jigsaw Productions, and adaptations are being developed in multiple media forms. The book is written by Andy Greenberg, a reporter and writer for Wired. New Crypto Book Details Tracking Crime The book follows a group of investigators that have uncovered ways of...
Read More »Bitcoin Cash Analysis: Dips Turn Attractive Near $140
Bitcoin cash price started a fresh increase from the $112 zone against the US Dollar. The price is now trading above the $140 zone and the 55 simple moving average (4-hours). There was a break above a key rising channel with resistance near $140 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $160 and $165 to continue higher in the near term. Bitcoin cash price is climbing above $140 against the US Dollar, similar to bitcoin....
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 »Nayib Bukele Just Bought Even More BTC
Not long ago, Live Bitcoin News published an article suggesting that Nayib Bukele – the bitcoin-supporting president of El Salvador – had lost his taste for crypto. He issued a tweet in response to a bitcoin-based inquiry that seemed kind of downtrodden, and many of us would understand why if that was the case. After all, the country has plunked more than $100 million into BTC, only to lose roughly 50 percent of the value initially gained due to the ongoing crypto...
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