Tag Archives: News

Brad Garlinghouse, the man behind major altcoin and payment system Ripple, says that “tribalism” is preventing the $2 trillion crypto space from getting any further. Brad Garlinghouse On Crypto: There’s Too Much “Tribalism” In a recent interview, Garlinghouse stated: Polarization isn’t healthy in my judgement. I own bitcoin, I own ether, I own some others. I am an absolute believer that this industry is going to continue to thrive. All boats can rise. Garlinghouse is a...

The United States Secret Service is working hard to crack down on illicit crypto use. At the time of writing, a new report has been issued claiming that the Secret Service has garnered as much as $102 million in illicit crypto funds through fraud-related investigations. The Secret Service Is Going After Illicit Crypto Actors David Smith is the assistant director of investigations for the Secret Service. He says that agents everywhere are monitoring blockchain activity...

The International Monetary Fund (IMF) is worried about all the bitcoin love and adoption that’s occurring all over the world. The agency feels that all this bitcoin usage bears some level of danger to the world’s standard financial systems. The IMF Warns About Further Bitcoin Usage Interestingly, the IMF recently expressed this concern directly to El Salvador, a Central American nation that declared bitcoin legal tender back in September of last year. Now in its seventh...

A new crypto platform is launching. Known as H2cryptO, the company is based in Atlanta, Georgia, and will provide a string of services and tools through both artificial intelligence (AI) and human support tactics that will help traders make educated decisions about where to go with their crypto investments. H2CryptO Is Here to Address Your Crypto Concerns H2cryptO was initially founded in the year 2021 by Georgia Kushner, Jake Perez, and Frederic Rough. The company was...

India is still having a tough time deciding if it wants to allow crypto in its future or not. One of the people casting doubt on whether digital currencies have a space in the later years of India is Union Finance Minister Nirmala Sitharaman, who last Monday explained in an interview that money laundering is a big concern amongst her constituents. India Is Worried about Crypto Money Laundering She believes that money laundering and other illicit crimes are too big to...

A crypto system known as Beanstalk has been infiltrated and ultimately lost more than $180 million in reserves. The hack occurred through unusual means in which an attacker used borrowed funds to garner the voting rights necessary to transfer all the money into his (or her) own personal account. Beanstalk Has Lost a Lot of Money On its website, Beanstalk is described as a “decentralized” asset that’s also a stable currency. While Beanstalk itself is the network in which...

Lisa Chen, a Chinese immigrant living in Australia, wired about $20,000 into an overseas bank to invest in what was known as Himalaya Coin or H Coin, which was a new brand of cryptocurrency designed to serve as an anti-Chinese government tool. There Are Red Flags Surrounding H Coin She went so far as to tell all her family and friends about the currency. Chen explained in an interview: I invested and asked all my relatives to invest in H Coin as well. I thought I did the...

Bitcoin cash price started a fresh decline from the $322 resistance against the US Dollar. The price is now trading below the $312 zone and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $308 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair remains at a risk of a downside break below the $300 support zone in the near term. Bitcoin cash price is struggling below $312 against the US Dollar,...

BIGG Digital Assets Inc., a global crypto compliance and intelligence company, is joining hands with Alpha Point, a white-label software firm built to empower crypto exchanges all over the world. The point of the partnership is to verify transactions and ensure that all trades occurring on exchanges are not happening through illicit players or addresses. Alpha Point and BIGG Digital Assets Establish New Tools Together To do this, the companies are unveiling a new product...

Bitcoin has hit another low point. The currency is trading for under $39,000, hitting what is arguably its lowest point this month. Bitcoin Is at Its Lowest Point This Month Cryptocurrencies like bitcoin have been undergoing a bit of a slump as of late. There have been many reasons for this, a big one being that they are largely correlating with stocks which have been slowly moving south. However, one of the other big reasons is because tax season has come and gone, and...