TrueFi’s Loan of $3 Million Has Been Defaulted on by Blockwater, a South Korean Firm
In a blog post published by TrueFi, Blockwater, a South Korean investment company, didn’t pay back its uncollateralized loan of $3.4 million. TrueFi $BUSD Pool...
Tag : cryptocurrency
Bitcoin Just Fell Below Us$20,000 Again. What’s Happening?
There was a reversal in the price of Bitcoin over the weekend when it fell below the historically significant US$20,000 threshold. There has been no...
Weakening Currencies Spike Bitcoin Trading Volume
The trading volume of Bitcoin against the number of global currencies has increased recently, according to a report by the digital asset data provider CryptoCompare....
Binance might Invest $1 Billion this Year
In an interview this week, Binance CEO Zhao “CZ” Changpeng claimed the company might invest or acquire businesses for more than $1 billion this year....
Mastercard Launches a New Anti-Fraud Tool for Crypto
Mastercard has released new tools to aid financial institutions in “identifying and cutting transactions” from fraudulent cryptocurrency exchanges. CNBC claims the program, named “Crypto Secure,”...
Bitcoin Defies Macro Environment to Surge Above $20,000
As cryptocurrencies and other risk-sensitive assets rose in Asian trading on Tuesday, Bitcoin surpassed $20,000 for the first time in over a week. Bitcoin enthusiasts...
Lawmakers in the United States Drafts Legislation to include cryptocurrency and Bitcoin in 401(k) Plans
According to a Congressional filing, three Republican members of Congress introduced the Retirement Savings Modernization Act, which would allow investment managers to include cryptocurrency and...
As Scrutiny Intensifies, California Cracks Down on Cryptocurrency Scams
As part of its efforts to enforce California securities laws, California’s Department of Financial Protection and Innovation has released desist and refrain orders against 11...
Crypto Mining Law to Be Introduced by Russian Authorities This Year
The Bank of Russia and the Ministry of Finance Russia have approved a draft law to control crypto mining in the country. In addition to...
Crypto Exchange FTX Will Acquire Bankrupt Voyager’s Assets
On Monday, cryptocurrency exchange FTX.US won an offer to acquire Voyager Digital, a cryptocurrency investment company that filed for Chapter 11 bankruptcy in July. In...