After bashing the cryptocurrency industry for years, the Bank of England has decided to go down the central bank digital currency path by collaborating with MIT. Thus, England’s central bank has become the second such institution to partner with the prominent university on the matter. BoE Joins Forces With MIT The announcement shared earlier this...Read More
Certain users will have to provide additional information when sending cryptocurrencies, said exchange giant Coinbase. In a bid to comply with local regulations, customers in Canada, Japan, and Singapore sending digital assets to another financial institution or exchange will be required to disclose specific information such as the name, address. The official blog post stated,...Read More
A man in New York has been charged with running a cash-to-Bitcoin money laundering scheme in New York. Among other things, the case also shows the negative bias of law enforcement to crypto. Laundering Money Through Bitcoin According to a recent Bloomberg report, a 42-year-old man called Thomas Spieker was indicted for allegedly running a...Read More
This week, cryptocurrency markets have shown significant bullish momentum, with Bitcoin and Ethereum rising above $41k and $3k. In response, Metaverse crypto coins also saw considerable price gains, with some increasing over 80% over the past seven days. This article looks at the top three Metaverse crypto coins gaining the most price this week, ordered...Read More
The US Justice Department announced that two men have been charged with conspiracy to commit wire fraud and money laundering “in connection with a million-dollar scheme to defraud purchasers of NFTs advertised as Frosties.” The suspects, Ethan Nguyen and Andre Llacuna, were accused of lying about benefits promised to NFTs buyers and withdrawing the cryptocurrency...Read More
Cryptocurrency adoption comes in different forms these days, but it seems that countries and cities are becoming more open to the idea of allowing certain payments to be made using such assets. Brazil’s second-largest city said it wants to become the first within the nation’s borders to accept BTC payments for taxes. The report from...Read More
Swingby network, which recently transitioned into a community-owned DAO, is now ready to launch Skypools, its latest project development. On March 29th the Swingby network plans to roll out the next generation – Skypools. The swap-bridge hybrid builds upon the concept and design of the original Skybridge platform, which enables BTC swapping with wrapped BTC,...Read More
