Unfortunate “crypto” brand name causes the company to shut down. Crypto International, a successor of controversial Swiss company Crypto AG, is reportedly dismissing dozens of employees following a major spying scandal. As many as 70 employees had to quit Crypto…
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3 reasons why Yearn.finance YFI price just hit a new high of $18K
Yearn.finance’s YFI token has hit a new all-time high following Aave’s listing and a hint at FTX partnership. YFI, the native token of the Decentralized Finance (DeFi) giant yearn.finance, achieved a new all-time high. It soared by 30% in the…
Visa exec says buy Bitcoin as dollar index nears $12.5K BTC trigger
A key bull trigger for Bitcoin reemerges as even a Visa executive pours scorn on the Fed and calls on consumers to “opt out with Bitcoin.” Bitcoin (BTC) is inches away from getting the same boost that helped it hit…
FBI and Tesla thwart $4 million Bitcoin ransomware plot
The FBI have arrested one of the conspirators in a planned ransomware attack against electric car maker Tesla. A young Russian citizen and his co-conspirators came within an inch of carrying out a major ransomware attack against Tesla — unaware…
Zimbabwe’s Mobile Money on Life Support as Central Bank Tightens Screws: Restrictions to Affect P2P Bitcoin Trading
Zimbabwe’s Mobile Money Operators (MMO) say they will comply with the latest directive by the central bank to shutdown mobile money agents. In addition, the MMOs will also limit mobile money transactions to $50 (Zwl $5,000) per day while users…
Banks in Mexico Pose Greater Money Laundering Risk Than Crypto Firms, Says Report
Commercial banks by far pose the greatest risk of money laundering in Mexico compared to crypto-related companies, according to a new report by the country’s Financial Intelligence Unit (FIU). The study singles out what it calls the “G7 banking group”,…
Japanese financial giant SBI to launch CFDs for Bitcoin, Ether and XRP
A forex exchange in Japan will start crypto CFD trading soon. Japanese financial giant SBI Holdings is preparing to launch contract-for-difference (CFD) trading for major cryptocurrencies like Bitcoin (BTC). Starting Aug. 31, SBI Holdings will start CFD trading service for…
Bitcoin trader sees 6 bullish signs for BTC after Fed ‘non-event’
Bulls are still king as market signs point up, not down, says filbfilb — but Friday’s futures expiry could spell trouble. Bitcoin (BTC) can still top $13,000 and higher as a series of “non-events” still leave bulls in a powerful…
‘Irrational, even by crypto standards’: KSM moons as Kusama looks to Mars
Polkadot’s ‘canary network’ has tripled in price this month, with Kusama having unveiled an ambitious plan to relay blockchain transactions from Mars. Polkadot’s (DOT) mainnet launch rally has seen many associated projects produce parabolic gains during August. Polkadot’s pseudo-test network…
Crypto leaders at odds over SEC’s ‘accredited investors’ move
Many prominent crypto players responded positively to the SEC decision, while others said the move falls short Major players in the crypto community have responded to the U.S. Securities and Exchange Commission recently amending its definition of an “accredited investor”.…