Tag Archives: News

Stellar lumen price started a fresh decline from well above the $0.232 zone against the US Dollar. XLM price is now trading below $0.2000 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.2050 on the 4-hours chart (data feed via Kraken). The pair could continue to decline if there is a clear move below $0.1920. Stellar lumen price is trading in a bearish zone below $0.2000 against the US Dollar, similar to...

Jennifer Robertson – the widow of Gerald Cotton, the man behind the Quadriga CX crypto exchange in Canada – is allegedly getting death threats from customers that wound up losing access to their funds due to the death of the company’s founder. Jennifer Robertson Is Taking Some Heat Cotton passed away due to intestinal problems while performing charity work in India in 2018. Cotton was the only man who had the private keys to access the more than $200 million in digital...

Justin Trudeau – the cowardly prime minister of Canada who ran and fled the country when truckers and other citizens refused to accept his tyranny – is invoking emergency powers as a means of stopping the trucker freedom convoy from being able to accept cryptocurrency donations. Canada Seeks to Stop BTC Donations for Truckers Canada – much like the United States and several other nations around the world – has worked hard to instill unconstitutional vaccine mandates...

The Union of European Football Associations (UEFA) has become the latest enterprise to partner with a crypto company. UEFA is now working with Socios.com to establish a new token to be utilized purely by fans of the sport. UEFA Takes Flak for Its Crypto Goals The good news is that moves like these tend to cement the crypto space and bring the industry’s goals closer to mainstream territory, but interestingly, not everyone is happy about the partnership. Many are accusing...

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...