World Wide Web Inventor Tim Berners-Lee Says Crypto Is ‘Really Dangerous’ but Can Be Useful for Remittances â Featured Bitcoin News
[ad_1] World Wide Web inventor Sir Tim Berners-Lee says cryptocurrency is âreally dangerousâ and âonly speculative.â While claiming that crypto is for those who âwant to have a kick out of gambling,â he noted that it could be useful for remittances. Sir Tim Berners-Lee on Crypto Sir Tim Berners-Lee, the British computer scientist who is […]
Regulators Let Bad Guys Get Big and Blow Up to Serve Their Agenda â Regulation Bitcoin News
[ad_1] The CEO of crypto exchange Kraken, Jesse Powell, says U.S. regulators âlet the bad guys get big and blow up because it serves their agenda.â The executive explained: âBad guys operate with huge competitive advantages. They suck up users, revenue, and venture capital that would otherwise have gone to good guys.â Krakenâs CEO Has […]
Crypto Scam Revenue Dropped 46% in 2022 â Featured Bitcoin News
[ad_1] Revenue from cryptocurrency scams dropped 46% in 2022, according to blockchain data analytics firm Chainalysis. âWe attribute most of this decline to market conditions, as scam performance tends to worsen when cryptocurrency prices are in decline,â the firm explained. âCrypto Scam Revenue Fell Significantly in 2022â Blockchain data analytics firm Chainalysis published its 2023 […]
Crypto Hedge Fund Galois Capital Shuts Down â ‘We Lost Almost Half Our Assets to FTX Disaster’ â Featured Bitcoin News
[ad_1] Crypto hedge fund Galois Capital is shutting down after losing about half of its assets to the FTX disaster. âGiven the severity of the FTX situation, we do not think it is tenable to continue operating the fund both financially and culturally,â the fundâs co-founder told investors. Crypto Hedge Fund Shuts Down Due to […]
Southeast Asia’s Largest Bank DBS Sees 80% Increase in Bitcoin Trading Volume on Its Crypto Exchange â Featured Bitcoin News
[ad_1] The largest bank in Southeast Asia, DBS, has revealed that bitcoin trading volume on its cryptocurrency exchange jumped 80% in 2022 while ether trading volume surged 65%. âWe believe that the market has decisively shifted its focus towards trust and stability, especially in the wake of multiple scandals that have rocked the industry,â a […]
Robert Kiyosaki Warns About Stocks, Bonds, Mutual Funds â Says Bitcoin Best for ‘Unstable Times’ â Markets and Prices Bitcoin News
[ad_1] The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has warned that investing in a well-diversified portfolio of stocks, bonds, mutual funds, and exchange-traded funds (ETFs) is âvery riskyâ advice. Kiyosaki stressed that gold, silver, and bitcoin are the best investments for âunstable times.â Robert Kiyosakiâs Investment Advice The author […]
Norwegian Authorities Seize Crypto Worth $6M From Axie Infinity Heist With FBI’s Help â Featured Bitcoin News
[ad_1] Norwegian authorities, in collaboration with the Federal Bureau of Investigation (FBI) and the U.S. Department of Justice (DOJ), have allegedly seized about $6 million that was stolen in last yearâs Axie Infinity heist. âIt is the biggest crypto seizure Norwegian police have ever made,â said Norwayâs Ăkokrim. Norway and FBI Recoup Some Stolen Funds […]
Binance and Huobi Freeze $1.4 Million in Crypto Linked to North Korea â Featured Bitcoin News
[ad_1] Crypto exchanges Binance and Huobi have frozen cryptocurrencies worth approximately $1.4 million linked to North Korea, according to blockchain analytics firm Elliptic. The firm noted that the stolen funds, which were dormant until recently, originated from the June 2022 hack of Harmonyâs Horizon Bridge. North Korea-Linked Crypto Frozen by Binance and Huobi Blockchain analytics […]
Berkshire’s Charlie Munger Says ‘Ridiculous’ Anybody Would Buy Crypto â ‘It’s an Absolute Horror’ â Featured Bitcoin News
[ad_1] Warren Buffettâs right-hand man and the vice chairman of Berkshire Hathaway, Charlie Munger, says people who oppose banning cryptocurrencies are âidiots,â adding that itâs âjust ridiculousâ anybody would buy crypto. He also likened replacing national currencies to replacing air, stating that âItâs massively stupid.â Berkshire Vice Chair Charlie Munger Says Replacing National Currencies Is […]
UK Police Raid Crypto ATM Sites â Regulator Says No Crypto ATMs Have Been Approved â Regulation Bitcoin News
[ad_1] Police in the U.K., in collaboration with the Financial Conduct Authority (FCA), have raided several sites allegedly hosting cryptocurrency ATMs. âNo crypto ATM operators currently have FCA registration,â the British financial regulator stressed, adding that it is âworking with multiple law enforcement partners, including local police forces, to disrupt and disable illegal crypto ATMs.â […]