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2020

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Sep

Us federal reserve reveals building a digital dollar codebase with mit

INVESTIGATIONS

Saturday, 15 August, 2020 at 04:04 GMT
The central bank cold wars have begun, as the United States clearly wants to compete with China’s upcoming central bank digital currency (CBDC). Not too long ago, the Federal Reserve Chair Jerome Powell didn’t give the media too many clues about the bank’s efforts to...
Us authorities seize $65 million in an alleged banana fund scam

INVESTIGATIONS

Thursday, 6 August, 2020 at 06:28 GMT
In the United States, law enforcement authorities have seized $6.5 million worth BTC and Tether from an alleged crypto Ponzi scam dubbed the Banana Fund. The US Department of Justice seized the funds inc crypto after filing for the forfeiture last week. It comes after...
The impact of inflation on crypto adoption

INVESTIGATIONS

Sunday, 2 August, 2020 at 05:36 GMT
By simple definition, inflation is an increase in the price level of a selected basket of goods and services produced in an economy. The inflation rate is a concept that measures the percentage change in the prices over a certain period of time. Inflation impacts the purchasing...
How blockchain is changing the job market

INVESTIGATIONS

Friday, 31 July, 2020 at 05:37 GMT
Blockchain technologies have enabled job creation across many industries. Even more interesting, however, is the scalability of jobs enabled by blockchain technology, specifically within the gig economy. Blockchain industry growth and potential Today blockchain and cryptocurren...
A us citizen pleads guilty for operating an illegal bitcoin atm

INVESTIGATIONS

Tuesday, 28 July, 2020 at 07:02 GMT
A Californian man has pleaded guilty to three counts of federal charges in connection with operating an illegal cryptocurrency money services business. Authorities said the business processed close to $25 million, with much of it being the proceeds of illicit activities. The...
7 types of cryptocurrency wallets

INVESTIGATIONS

Monday, 20 July, 2020 at 07:47 GMT
The technology is changing everything in the world. This also includes making or receiving payments without any hassle. One of the best technologies that enable fast payments in crypto. It has high security involved for the clients. Cryptocurrency wallets are widely known for...
Research shows a spike in bitcoin use on the darknet in 2020

INVESTIGATIONS

Friday, 17 July, 2020 at 06:48 GMT
The blockchain analytics arm of Bitfury recently released a report that looked at darknet entity interactions with cryptocurrency exchanges and other darknet entities throughout the first quarter of 2020 compared to darknet activity from the past three years. The report noted...
South korea to start taxing bitcoin profits

INVESTIGATIONS

Wednesday, 15 July, 2020 at 10:10 GMT
According to local reports, the South Korean government is seeking to impose a 20% tax on digital currencies. The East Asian country has been working on digital currency taxation for several months now. Earlier, the Ministry of Economic and Finance proposed amendments to the tax...
What does libra await

INVESTIGATIONS

Saturday, 11 July, 2020 at 06:29 GMT
“Libra is an interesting idea that will never become a reality.” According to Barry Eichengreen, a professor at the University of California, Berkeley stablecoins, and Libra, in particular, will not be able to take a dominant role in the current financial system. Earlier he...
Blockchain dominates chinas fintech scene

INVESTIGATIONS

Tuesday, 7 July, 2020 at 03:59 GMT
The recently published report by the South China Morning Post reveals that blockchain technology is clearly dominating the country’s startup scene.       Over 80 percent of the fintech companies and 40 percent of e-commerce firms have either already invested or piloting...

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