Auto Added by WPeMatico

‘Microsoft of Blockchains:’ Bitwise Doubles Down on Ethereum’s Fundamentals

Bitwise, a crypto index fund and ETF provider, believes that ethereum has the fundamentals needed to recover from its bad price performance compared to currencies like bitcoin. Bitwise CIO Matt…

Continue Reading‘Microsoft of Blockchains:’ Bitwise Doubles Down on Ethereum’s Fundamentals

Court Orders New York Man to Pay $36M for Forex, Digital Asset Fraud

William Koo Ichioka has been ordered to pay over $36 million after admitting to a forex and digital asset fraud scheme. His scam, which started in 2018, involved falsifying financial…

Continue ReadingCourt Orders New York Man to Pay $36M for Forex, Digital Asset Fraud

US Sentences Nigerian Darknet Fraud Leader to Five Years in Prison for $6M Scheme

A Nigerian national has been sentenced to five years in federal prison for his role in a massive darknet fraud scheme that intended to cause over $6 million in losses,…

Continue ReadingUS Sentences Nigerian Darknet Fraud Leader to Five Years in Prison for $6M Scheme

FATF Urges India to Strengthen Virtual Asset Regulation

India has achieved a high level of technical compliance with Financial Action Task Force (FATF) standards, addressing illicit finance, money laundering, and terrorist financing. In a joint assessment with regional…

Continue ReadingFATF Urges India to Strengthen Virtual Asset Regulation

US Company Settles Salvadoran Coffee Purchase With Bitcoin

According to information from the Salvadoran Ministry of Foreign Affairs, Compass Coffee, a U.S.-based coffee company, has completed an international purchase of Salvadoran coffee using bitcoin. Jorge Cruz, the Salvadoran…

Continue ReadingUS Company Settles Salvadoran Coffee Purchase With Bitcoin

Gold’s Bull Rally Continues as Interest Rates Get Deep Cuts

The gold bull rally continued this Wednesday, as prices in COMEX reached all-time highs, surpassing $2,625 per ounce. Prices slingshotted up after the Federal Reserve announced larger interest rate cuts…

Continue ReadingGold’s Bull Rally Continues as Interest Rates Get Deep Cuts

Commerzbank Partners With Deutsche Börse’s Crypto Finance to Expand Crypto Services

Commerzbank, one of Germany’s largest banks, has partnered with Deutsche Börse subsidiary Crypto Finance to offer secure bitcoin and ether services to its corporate clients. The collaboration focuses on seamless…

Continue ReadingCommerzbank Partners With Deutsche Börse’s Crypto Finance to Expand Crypto Services

Impact of Fed Rate Cuts on Crypto Markets, Bybit Executive Weighs In

Bybit’s head of institution has shared his insights into the possible effects of the Federal Reserve’s rate cuts on the cryptocurrency market. “We anticipate that the recent rate cut could…

Continue ReadingImpact of Fed Rate Cuts on Crypto Markets, Bybit Executive Weighs In

Boerse Stuttgart Digital, DZ Bank Expand Crypto Access to 700 German Banks

Boerse Stuttgart Digital is collaborating with DZ Bank to bring secure cryptocurrency trading and storage to over 700 cooperative banks across Germany. The move marks a significant step toward mainstream…

Continue ReadingBoerse Stuttgart Digital, DZ Bank Expand Crypto Access to 700 German Banks