Mirror Trading International Bitcoin Ponzi CEO Arrested in Brazil – Regulated Bitcoin News
[ad_1] Johann Steynberg, the wanted CEO of Mirror Trading International, was recently arrested by Brazilian law enforcement for using fake documents. The arrests took place in the country’s Goiás province and were carried out by the Brazilian gendarmerie. Fake IDs, laptops and credit cards seized Johann Steynberg, CEO of the Bitcoin Ponzi scheme Mirror Trading […]
Solana Officially Admits ‘High Computation’ Transactions Congesting the Network – Bitcoin News
[ad_1] Solana, the top 10 smart contract-enabled cryptocurrencies by market cap, admitted that it faced a number of issues that hindered its network performance. The official account of the network status, as well as the status page, reported the incident yesterday. This is the latest issue Solana has faced after experiencing several network outages over […]
The Boring Ape Yacht Club is a huge mainstream, but is Wall Street ready for NFTs?
[ad_1] In the months following its April 2021 launch, Bored Ape Yacht Club (BAYC) has emerged as one of the main reasons Wall Street should take the nascent non-fungible token (NFT) market seriously thanks to its recent sale Turnover over $1 billion. Celebrities imitate BAYC For the uninitiated, BAYC is a collection of 10,000 anthropomorphic […]
Ethereum May Lose Defi Dominance Due to Scaling Issues, JPMorgan Reports – Bitcoin News
[ad_1] According to a report by JPMorgan, Ethereum could be at risk of losing its dominance due to the inability to produce efficient scaling solutions quickly. The note, written by the firm’s managing director of global market strategy Nikolaos Panigirtzoglou, further states that other new smart contract-enabled blockchains are taking this market share, rather than […]
PayPal Reportedly Confirms Exploring Plans to Launch a Stablecoin
[ad_1] U.S. fintech giant PayPal Holdings has reportedly confirmed its intention to launch its own stablecoin, dubbed PayPal Coin. Developer Steve Moser first spotted the development of an in-house stablecoin in the source code of Paypal’s iPhone app. Jose Fernandez da Ponte, senior vice president of cryptocurrencies and digital currencies at PayPal, confirmed the evidence […]
Maker Co-Founder Calls UST and MIM ‘Solid Ponzi Schemes’ That’s Going to Zero – Bitcoin News
[ad_1] Rune Christensen, one of the founders of Maker, the decentralized autonomous organization behind the governance of the stablecoin DAI, has spoken out against both competitors. Terra’s dollar-pegged stablecoin UST and another collateralized stablecoin, MIM, are “solid Ponzi schemes,” he said, and a bear market will eventually drive their prices to zero. Maker co-founder calls […]
Ava Labs and EV maker Togg build smart contract-based mobility service
[ad_1] Turkey-based electric vehicle (EV) manufacturer Togg has announced a strategic partnership with Ava Labs to design and build smart contract-based services aimed at improving autonomous driving. Togg’s collaboration with Ava Labs, a team dedicated to supporting and developing Avalanche’s public blockchain, was revealed at the CES 2022 event in Las Vegas.As Cointelegraph Turkey reported, […]
12 UK Police Seize $435M Worth of Crypto in 5 Years – Regulated Bitcoin News
[ad_1] British police have revealed how much cryptocurrency they have seized over the past five years in response to freedom of information requests. London’s Metropolitan Police has seized more bitcoin than any other police district. UK police reveal information on cryptocurrency seizures Over the past five years, 12 of 43 British police officers have seized […]
Institutional Investors Say SEC Has More Powers To Regulate Cryptocurrencies Will Drive Prices – Regulated Bitcoin News
[ad_1] Institutional investors are optimistic that the U.S. Securities and Exchange Commission (SEC) has more powers to regulate the crypto market, according to a recent survey. They believe that if the SEC is granted additional powers, the price of cryptocurrencies will be positively affected. Institutional Investors’ Views on Cryptocurrencies Regulated European digital asset hedge fund […]
Illicit Crypto Addresses to Earn $14 Billion in 2021, Only 0.15% of Crime-Related Transactions – Regulated Bitcoin News
[ad_1] According to the latest data from Chainalysis, the total value of cryptocurrency received by illicit addresses will grow to an all-time high of $14 billion in 2021. Although the new all-time high is nearly double the $7.8 billion recorded in 2020, it represents only 0.15% of cryptocurrency trading volume in 2021. Percentage of funds […]
Crypto Regulatory Issues Make Decentralized Stablecoins Attractive to DeFi Investors
[ad_1] Over the past few years, stablecoins have become a foundational part of the cryptocurrency ecosystem due to their ability to provide a way out for cryptocurrency traders during times of volatility, as well as their widespread integration with decentralized finance (DeFi). These are necessary for the health of the entire ecosystem. Currently, Tether (USDT) […]
Ertha Partners with Cryowar – Sponsored by Bitcoin News
[ad_1] sponsor Ertha, one of the most anticipated Metaverse projects, recently launched its native ERTHA token on Huobi Primelist with great success. The money-making game has made huge strides in 2021 and is now poised to offer fans of NFT games a one-of-a-kind experience later this year. Due to the rapid rise of the project, […]