In Kaliningrad, Russia, criminals kidnapped a man in broad daylight to get their hands on his cryptocurrency holdings. In the process, they beated something like $523,000 in cryptocurrency out of him. Literally. As the victim shared on his Twitter account, it all happened on September 27. Criminals dragged him out of his car, blindfolded him, and then held him in […]

Brazilian lawmakers are working to provide stricter regulations for cryptocurrency-related crimes, approving a set of new penalties for laundering money with crypto. Brazil’s Special Committee of the Chamber of Deputies has approved a bill that significantly tightens penalties for financial crimes that employ cryptocurrencies like Bitcoin (BTC), according to an official announcement on Sept. 29. The latest regulatory amendments are […]

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Central bank digital currencies (CBDCs) are a game changer and can transform finance and banking as we know them today, the Bank for International Settlements (BIS) has stated in its latest report. The report centered on a CBDC project between China, Thailand, the United Arab Emirates, and Hong Kong. Known as Project Inthanon-LionRock, it started in 2019 with the signing […]

While change is guaranteed, the scale and scope of that change are not. For the financial industry, blockchain — the technology that undergirds Bitcoin (BTC), Ether (ETH), nonfungible tokens (NFTs) and other digital assets — has brought us to the crossroads.  What will the future of money look like? We have been operating on the frontline of crypto for the […]

Digital currency use in the U.S. cannabis industry has been on the rise, and the country’s tax agency is keeping a close eye. The Internal Revenue Service (IRS) issued a new notice claiming that the use of digital currencies in this industry is a ‘top enforcement priority’ for the agency. Medical cannabis is now legal in over 35 states, with […]

Elon Musk – the South African billionaire and entrepreneur behind mega companies like Tesla and SpaceX – believes that crypto regulation should not exist and that governments should just mind their own business. Elon Musk Doesn’t Care for Governments Getting Involved in Crypto Musk is echoing the age-old argument that digital currencies are designed to be decentralized assets. They are […]

Ojamu has raised $1.7 million in a private sale. Ojamu Closes Oversubscribed Sale Ojamu—a marketing technology (MarTech) platform that leverages the power of blockchain, Ai, and NFTs to create and automate the most effective digital marketing campaigns for brands—has announced the closing of its $1.7 million private sale. The oversubscribed private sale saw participation from a host of strategic partners, […]

Binance Coin (BNB) emerged 3rd most valued cryptocurrency. BNB bulls poised to attain new price levels. Popular critic still maintains that BNB is worth nothing For a brief period today, Binance coin (BNB), the native token of Binance’s Smart Chain (BSC) ecosystem, topped Cardano to clinch 3rd place ranking among cryptocurrencies by market valuation according to data from Coinmarketcap. It […]