Tag Archives: News

It’s a real problem getting your crypto account hacked, but if it contains the funds you’re going to use to retire, well… Then the situation becomes even bigger, and for several customers of IRA Financial Trust – a firm that allows its clients to invest their retirement funds in digital assets – this truth is hitting home right about now. IRA Financial Trust Sees a Lot of Money Disappear IRA Financial Trust has recently had about $36 million in client-owned digital funds...

Dr. Anders Apgar is the latest victim of a crypto scam that utilized bots to steal most of the digital currency he had been adding to his account over the past several years. How Dr. Anders Apgar Walked into the Thieves’ Hands The scam began with a series of what he thought were robocalls and naturally, he tried to ignore them. However, the calls kept on going, and eventually, his wife started to get buzzes on her phone. Eventually, Apgar decided he couldn’t ignore them...

The CEO of SoFi Technologies Anthony Noto says that while cryptocurrencies are indeed risky assets, any business that doesn’t invest now is going to miss the boat. Anthony Noto Says Businesses Need to Get Involved in Crypto In a recent interview, Noto revealed that his family office has spent the last year or so investing in mainstream digital currencies like bitcoin and Ethereum. He commented: We’re invested in cryptocurrency. We own bitcoin, we own Ethereum, we own...

Blockchain analysis firm Chainalysis has published a new report suggesting that cybercriminals stationed in Russia have made off with approximately $400 million in stolen digital currency funds. Cybercrime in Russia Is Booming Chainalysis says that much of this money was garnered through extortion and ransomware attacks. The news plays on the idea that crypto crime has grown heavily in recent years, with the blockchain firm stating in recent documents that billions of...

It has become clear that celebrities haven’t learned a darn thing from Matt Damon and his appearance in a commercial for Crypto.com. The Oscar winner has taken a lot of guff for his participation, and now Larry David – the millionaire television mogul behind “Seinfeld” and “Curb Your Enthusiasm” – is experiencing a similar level of antagonism from social media users after he appeared in the FTX exchange’s most recent ad during the Super Bowl. Larry David Follows in...

More and more customers of traditional banks and financial institutions are seeking ways to retain their monetary freedom and find new methods of investing. Crypto’s popularity is growing steadily every day, and there are now several banks seeking to provide their clients with ways of garnering crypto and adding digital assets to their portfolios. The latest bank to join this list is Valliance, which has chosen Bakkt as the official institutional platform that will grant...

Bitcoin cash price started a fresh decline from the $360 resistance against the US Dollar. The price is now trading below the $330 zone and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $328 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if there is a clear move below $300 in the near term. Bitcoin cash price is struggling below $330 against the US...

Brent Whitehead and Matt Lohstroh are two young men from Texas that have already made millions mining bitcoin and other forms of crypto. The two have worked hard to establish a new company called Giga Energy Solutions, which mints bitcoin from natural gas. Brent and Matt Chose to Follow Bitcoin Both Brent and Matt come from oil families, and they were met with skepticism when they first announced three years ago that they wanted to go into the mining sector. However,...

It’s been months, and the fight surrounding crypto in India doesn’t appear to have an end in sight. The Reserve Bank of India (RBI) and its deputy governor T Rabi Sankar have recently issued statements saying that the only way to deal with crypto within the nation’s borders is by banning it. India and Crypto… The Fight Is Still Waging The words came at the recent Indian Banks Association 17th Annual Banking Technology Conference and Awards. Not long ago, it was announced...

The Seminoles – a Florida state softball team – have entered a partnership with FTX, a new and popular cryptocurrency exchange. Several members of the team are now allowing the exchange to use their names, images, and likenesses for ads and other promotional campaigns and getting paid in crypto. FTX Just Keeps Getting Bigger FTX is only about three years old, but the company is already one of the biggest and most powerful digital currency trading platforms in the world....