Cryptocurrency is worthless: ECB Christine Lagarde
European Central Bank (ECB) President Christine Lagarde said cryptocurrencies are “worth nothing” on a Dutch television program aired Sunday, calling for greater regulation over what she described as… [[ This…
Top 5 cryptocurrencies to watch this week: BTC, BNB, XMR, ETC, MANA
The Dow Jones Industrial Average has declined for eight consecutive weeks, the first such losing streak since 1923. On May 20, the S&P 500 briefly fell into bear market territory,…
Bitmex Co-Founder Arthur Hayes Avoids Prison for Violating US Bank Secrecy Act
Bitmex co-founder Arthur Hayes is not going to prison for violating the U.S. Bank Secrecy Act. Instead, the former crypto exchange CEO has been sentenced to “six months of home…
CFTC Chairman Confirms Bitcoin, Ether Are Commodities
The chairman of the U.S. Commodity Futures Trading Commission (CFTC) says he is certain bitcoin and ether are commodities. He outlined how his agency is working with the U.S. Securities…
Paul Chou of Ledger X Is Building a New Galactic Token
Paul Chou is the founding CEO of Ledger X, a crypto wallet system. At only 38 years of age, he is one of the most successful crypto entrepreneurs in the…
Delphi Digital Explains How the LUNA-UST Fiasco Harmed the Firm
The cataclysmic fall of the Terra ecosystem final week wiped practically $40 billion off the cryptocurrency market, leaving UST and LUNA buyers (each retail and funding corporations) in extreme… [[…
Russian Appellate Court Cancels Decision to Block Tor Project’s Website
A court of appeals in Russia has overturned a ruling by a regional court which allowed the blocking of the Tor Project’s website in the country. Due to violations during…
Fidelity Lets Customers Fund Their 401Ks with Crypto, but Not Everyone’s Happy
Not long ago, Fidelity Investments announced that customers would be able to invest in crypto like bitcoin through their 401Ks and retirement accounts. In addition, several businesses offering 401Ks… [[…
XRP Ledger To See Carbon Credit NFTs With Ripple’s New $100,000,000 Investment Fund
Ripple Labs is announcing a $100 million investment fund that will see carbon credit non-fungible tokens (NFTs) come to the XRP Ledger. According to a new press release, Ripple’s new…
Crypto Mining Farm Uncovered in Russia’s Oldest Prison
Russian law enforcement officials are investigating a crypto mining operation at Butyrka, Russia’s oldest prison. A deputy warden has been accused of stealing electricity to mint digital coins with… [[…