Tag: news.bitcoin
Blockchain
SEC Approves Spot Ether ETFs, Jim Rickards Predicts $27K Gold Price, and More — Week in Review
The US Securities and Exchange Commission (SEC) has approved significant regulatory filings for spot ether ETFs Economist Jim Rickards predicts that gold prices could surpass $27,000 based on
Blockchain
Expert Says Peer-to-Peer Nature of Crypto Activity Renders China’s Ban Ineffective
Continuing raids in China on alleged underground gangs using cryptocurrency to facilitate foreign exchange transactions underscore the ineffectiveness of the Asian nation’s 2021 ban on crypto
Blockchain
Abu Dhabi Regulator Prohibits Cryptocurrency Mining on Farms, Threatens Fines Up to $2,700
The Abu Dhabi Agriculture and Food Safety Authority in the UAE has issued a new advisory prohibiting the use of farms for cryptocurrency mining The advisory explicitly states that farms cannot be
Blockchain
Marathon Digital Inks Renewable Energy Deal With Kenya; Crypto Miner to Invest $80M
Marathon Digital Holdings and the Kenyan Ministry of Energy and Petroleum recently signed an agreement which sees the crypto mining firm committing to invest $80 million in Kenya’s digital
Blockchain
Report: Investigation Finds No Fault With Sullivan & Cromwell in FTX Bankruptcy
An investigation into the law firm Sullivan & Cromwell LLP, which worked with the now-defunct crypto exchange FTX, revealed that the firm was neither involved in the fraud nor aware of the
Blockchain
Malaysian Authorities Bust Syndicate Accused of Laundering Fraud Proceeds via Cryptocurrency
Law enforcement officials in Malaysia recently arrested ten individuals linked to a criminal syndicate that allegedly used cryptocurrencies to launder fraudulent proceeds Assets, including motor
Blockchain
Indian Citizen Faces 20 Years in US Prison for Stealing Crypto in $37M Coinbase Spoofing Scam
An Indian national has pleaded guilty in the US to wire fraud conspiracy for stealing over $37 million by spoofing crypto exchange Coinbase’s website He and his co-conspirators created a fake
Blockchain
Major Crypto Exchanges Announce Over 1,200 Job Openings
Major cryptocurrency exchanges, including Binance, Coinbase, Okx, and Cryptocom, are expanding their workforces, collectively offering over 1,200 job openings Binance leads this hiring surge with 460
Blockchain
Mad Money’s Jim Cramer Endorses Ether as ‘Great Store of Value’ Amid US Dollar Concerns
Jim Cramer, the host of CNBC’s Mad Money show, has endorsed ethereum and spot ether exchange-traded funds (ETFs), highlighting the cryptocurrency as a “great store of value” amid
Blockchain
UBS Raises Gold Price Forecast Amid Rising Central Bank Demand and Geopolitical Tensions
UBS has raised its gold price forecast following a record surge in gold prices, driven by anticipated Federal Reserve rate cuts and a weakening US dollar The main factors behind the investment
Blockchain
Nigeria Increases Capital Requirements for Currency Dealers Nearly Sixtyfold to $1.4 Million
The Central Bank of Nigeria has increased the capital requirements for national bureau de change operators from approximately $24,000 to $14 million The central bank has given operators a six-month
Blockchain
Xapo CEO Seamus Rocca Describes Xapos’ Proposition, Talks US Regulation, Emerging Markets, and Stablecoins
Seamus Rocca, CEO of Xapo, had a candid conversation with Bitcoincom’s COO Jason Sheman, where he shared his accumulated experience and knowledge describing what makes Xapo different from a
