A new task force set up by the U.S. Department of Justice (DOJ), KleptoCapture, will also target cryptocurrency exchanges. Financial institutions, banks, money transmission services, and crypto exchanges that allow Russian oligarchs to move money “will be in the crosshairs of this investigation.” DOJ’s KleptoCapture Task Force Will Take ‘Broader View’ A new Department of …
Monthly archives: March 2022
Kevin O’Leary Shares Crypto Investing Strategy — 20% of His Portfolio Now in Crypto and Blockchain
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has shared his cryptocurrency investment strategy. He revealed that 20% of his portfolio is now in cryptocurrencies and blockchain. “The whole point is you don’t know who is going to win.” Kevin O’Leary’s Cryptocurrency Investment Strategy O’Shares ETFs chairman and Shark Tank star Kevin O’Leary has shared …
Apple Co-Founder Steve Wozniak Expects Bitcoin to Hit $100K — Says ‘I Just Really Feel It From All of the Interest’
Apple co-founder Steve Wozniak expects the price of bitcoin to hit $100,000. “I just really feel it from all of the interest,” he explained. “The interest in crypto is so high.” Steve Wozniak’s Bitcoin Price Prediction Apple co-founder Steve Wozniak shared his view on cryptocurrency in an interview on the Wild Ride with Steve-O podcast, …
Terra (LUNA) Surpasses Ethereum Becoming Second Most Staked Asset
Over the past week, the price surge in the LUNA token has caused it to rise to become the second most-staked primary digital currency in TVL leaving Ethereum behind. In addition, a data source reported this data showing that Terra’s LUNA coin passed the Ether coin, which currently has more than $28 billion in Total …
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Hedge Fund Holdings Fail To Prop Up Bitcoin Price
Bitcoin’s price is at risk of going down because investors are funding short positions in Bitcoin by borrowing digital money from exchanges. Datamish shows that investors are funding short, causing the value of Bitcoin to go down. Bitcoin fell again on Friday, despite a surge in capital inflow from large wallet investors and institutions. Brevan …
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What’s Behind LUNA’s Rally, Could Its Price Decouple From Bitcoin?
The price of LUNA moves on its own as the crypto market trends to the downside. Terra’s native cryptocurrency records a 6.4% profit in the last week, as BTC, ETH, and BNB, move sideways. Related Reading | Mars Protocol To Launch On Terra, But Why MARS Has Seen A Massive Dump At the time of …
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Veteran Trader Advises ‘Gen Zs’ To Set Aside Savings On Bitcoin And Hold
It’s time for the new and younger generation to invest in Bitcoin. At least, this is what veteran trader and popular commentator Peter Brandt recommends. Brandt suggests members of the “Gen Z” should get a degree in an area where they may quickly find a well-paying job while avoiding student debt, if possible. He referenced …
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Decentralized finance as a new globalization accelerator
Those who studied history well might remember the city-states of medieval Europe. Back then, caravans of merchants traveled from one city-state to another, bringing luxury goods and news from far-away places. It was this lifestyle that enabled these merchants with freedom of mobility and choice. It is a very similar concept to the one described …
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Top Crypto Trader Issues XRP Alert As SEC v. Ripple Battle Heats Up
A popular cryptocurrency analyst and investor is tracking the trajectory of XRP after a key ruling in the SEC’s lawsuit against Ripple. On Friday, Judge Analisa Torres denied the U.S. Securities and Exchange Commission’s attempt to prevent Ripple from using a “Fair Notice Defense.” One of Ripple’s core arguments is that the SEC did not …
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Jack Dorsey’s Block Bitcoin (BTC) Wallet Project To Use Fingerprint Technology for Security
Jack Dorsey’s upcoming Bitcoin (BTC) wallet product will be outfitted with fingerprint sensor devices for security, according to a new update. Dorsey’s company Block, formerly known as Square, first announced plans to develop a wallet last summer. In a new update, the team behind the BTC wallet announced that the project will include both hardware …
Op-ed: To conquer traditional gamers, P2E games must offer more than a cash grab
Play-to-Earn (P2E) games are a major trend, with Axie Infinity, one of the biggest in the space, recently hitting 2 million daily active players. Some might see a profit-generating and entertaining game as a dream come true, but traditional gamers are less than pleased with the blockchain-based renditions of their beloved entertainment. The difference in …
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The creators of Bored Ape Yacht Club acquires the rights to CryptoPunks and Meebits
Yuga Labs is known as the creator of the Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) NFTs. Their original collection BAYC included 10,000 Apes and was released in April 2021. MAYC, on the other hand, is a collection including 20,000 Mutant Apes. As a part of the MAYC project, the Yuga …
Stripe Brings Back Crypto Support After 4 Years — Says ‘Crypto Is Going Mainstream’
Payment giant Stripe has brought back crypto support after it stopped processing bitcoin payments four years ago. The company now says, “Our optimism for the future of crypto was not unfounded … Crypto is going mainstream.” Stripe Brings Back Crypto Support Payment giant Stripe has re-entered the crypto space after four years, with the launch …
Upcoming AML Regulations in Estonia to Affect Cryptocurrency Industry
Estonia is preparing to enforce a set of new anti-money laundering rules that will stiffen requirements for crypto companies operating under Estonian license. The changes come amid concerns that Russia may use crypto to evade western sanctions and an ongoing audit of the Baltic nation’s AML policies. Government of Estonia Creates Stricter Regulatory Environment for …
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Yuga Labs Obtains Cryptopunks and Meebits Brands, Gives Commercial Rights to NFT Holders
On Friday, Yuga Labs, the firm behind the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection, announced the company acquired the intellectual property behind the Cryptopunks and Meebits brands. Furthermore, after obtaining the IP from Larva Labs, Yuga has decided to give “full commercial rights to the NFT holders.” Bored Ape Creators Yuga Labs …