The Allegations Surface Earlier this week, the US Commodity Futures Trading Commission (CFTC) announced that it had lodged a complaint against four individuals and their unincorporated entity, Fundsz, for orchestrating a fraudulent scheme involving precious metals and digital currencies. The accused are Rene Larralde, Brian Early, Alisha Ann Kingrey, and Juan Pablo Valcarce. These individuals, …

Fundsz’s ‘Secret Sauce’ Scam: What Investors Need to Know Read More »

A Modern Approach to Humanitarian Aid The Singapore Red Cross, a prominent humanitarian aid and community services charity based in the bustling Asian city-state, has recently opened its doors to donations in the form of digital currencies. This significant move was made possible through a collaboration with the crypto payment gateway, Triple-A. The charity has …

Singapore Red Cross Now Accepts Bitcoin & Ethereum Donations Read More »

The Arrest and Allegations Jinwook Shin, the CEO of the cryptocurrency exchange Bitsonic, was taken into custody by South Korean authorities on August 7th. The arrest stems from allegations that Shin embezzled investments and deposits from the exchange’s users. Reports from the South Korean news agency, Chosun Biz, suggest that Shin manipulated cryptocurrency prices and …

Is Your Crypto Safe? Bitsonic CEO Faces Fraud Charges Read More »

A New Dawn for Brazil’s Financial Landscape The central bank digital currency (CBDC), a project by Banco Central do Brasil, is slated for a 2024 launch. This initiative aims to enhance the financial services sector within Brazil. Interestingly, Brazil isn’t alone in this endeavor. Global players like China, Russia, Japan, Australia, and the UK have …

Brazil’s CBDC: The Future of Financial Services? Read More »

The Anticipation of Bitcoin’s Next Bull Market The crypto community is buzzing with speculations about Bitcoin’s next bull market. With Bitcoin’s halving event approaching, some analysts believe the next bull market could be just around the corner. This sentiment comes after months of market consolidation, with Bitcoin struggling to surpass the $30K mark. On August …

Historical Data Hints at Bitcoin’s Imminent Bull Run Read More »

The Controversy Surrounding Tether’s BTC Ownership In recent developments, Tether, the issuer of the USDT stablecoin, reported in its latest quarterly statement that it possesses approximately $1.6 billion worth of Bitcoin (BTC), positioning it as the 11th largest Bitcoin holder. This claim was further supported by crypto researcher and data analyst Tom Wan, who pinpointed …

Tether’s Bitcoin Controversy: What On-Chain Data Reveals Read More »

Bitcoin’s Brief Surge and Retreat Bitcoin, the leading cryptocurrency, recently experienced a brief surge, reaching a high of approximately $30,200 on Binance. This surge was short-lived as the price couldn’t sustain above the $30K mark. Despite the bulls’ efforts, sellers managed to keep the cryptocurrency below this significant resistance level, both from a technical and …

Why Can’t Bitcoin Stay Above $30K? A Deep Dive Read More »

A Milestone for Binance in El Salvador Binance, the world’s largest cryptocurrency exchange, has achieved a significant feat by becoming the first fully licensed cryptocurrency exchange in El Salvador. The exchange received both the Bitcoin Services Provider license (BSP) and the Digital Assets Services Provider license (DASP) from El Salvador’s domestic regulators. This authorization, as …

Binance Breaks Ground: First Licensed Crypto Exchange in El Salvador! Read More »

A New Dawn for Crypto Payments Shiba Inu, a popular meme cryptocurrency, has witnessed a significant 10% surge in its price over the past 24 hours. But what’s behind this sudden upswing? On August 8, BitPay, a renowned crypto payment gateway, announced the launch of its new service, “Bill Pay.” This innovative feature empowers users …

Shiba Inu’s 10% Jump: How BitPay is Revolutionizing Crypto Payments Read More »

A Surprising Turn for Bitcoin After weeks of stagnation and a noticeable lack of activity, Bitcoin’s price has surged, much to the delight of its bullish supporters. Today, the entire crypto market is awash with green, indicating a positive trend. Specifically, Bitcoin’s price has soared, once again testing the crucial $30K mark. Although the cryptocurrency …

Why Bitcoin’s $30K Leap Matters: A Comprehensive Overview Read More »