The Department of Justice has indicted the CEO of Mining Capital Coin over a $62 million global investment fraud scheme. The DoJ said that Luiz Capuci Jr. is being charged with various offences rangin...
News
Europol dismantles a parallel banking system for criminals that laundered millions
In a coordinated investigation with Europol’s Financial and Economic Crime Centre (EFECC), the Spanish Civil Guard (Guardia Civil), the German Federal Criminal Police Office (Bundeskriminalamt), and t...
Best Time to Accumulate These Altcoins Amidst Crypto Crash!
The entire satoshi street is red; Bitcoin extended its decline during the weekend and is now on track for its sixth successive weekly loss. This pattern occurred for the first time since 2014. The BTC...
BioNTech Earnings Top Forecasts on Strong Sales of Covid-19 Vaccine
Text size BioNTech is continuing to work with Pfizer on follow-on Covid-19 vaccines. (Photo by THOMAS LOHNES/AFP via Getty Images) BioNTech , the German biotech company, reported first-quarter earning...
Indonesia Officially Imposes 0.1% Tax and VAT on Crypto Income and Purchases
According to the Times of India, Hestu Yoga Saksama, director of tax regulations at the Ministry of Finance, has confirmed that the government has decided to impose a 0.1% tax charge on incomes emanat...
Could Mushe Token (XMU) beat the success of Filecoin’s (FIL) presale?
Investing in cryptocurrencies has brought incredible wealth to many individuals in the last few years. Growing crypto popularity is attracting many beginner investors to the market. Oversaturated cryp...
Parity Introduces Square One, Facilitating Creation on Substrate and More
Substrate is a massive ecosystem that allows blockchain developers to build on major chains like Polkadot and Kusama. Due to its popularity, and the diversity of what you can create with this toolkit,...
Gold Medalist Vanessa Low Becomes the First Betadia Ambassador
LONDON, 14th April 2022 – An Australian Paralympic athlete–Vanessa Low, officially helms Betadia’s ambassadorship for 2022. The gold medalist becomes the first brand ambassador for Betadia, which is c...
With A $120 Million War Chest, Brightseed Is Unlocking The Fat-Fighting Power Of Hemp
The AI-powered company is unlocking the hidden healing potential of plants by finding active compounds that could target specific conditions. Next up: diabetes and sleep disorders. For six weeks in Ju...
3 Possible Reasons For Bitcoin’s $6K Weekly Crash
Bitcoin’s price has been in shambles for the past few days, and it has lost a total of $6K off its dollar value since May 5th. This represents a decrease of more than 16.5% in the span of four days. M...
Maker [MKR]: With investors losing over $31.4B in a day, here’s what to expect next
MakerDAO over the last month has noticed a significant reduction in the total value locked on the protocol, reducing from $17 billion to $12 billion as of today. Now while the broader crypto market ha...
Palantir, Rivian, Uber and more
Take a look at some of the biggest movers in the premarket: Palantir Technologies (PLTR) – The data analytics software company’s shares plunged 15.1% in premarket trading after posting a mixed q...
Tiger VC DAO Looks To Impress The DeFi Community Through Innovative Features And Services
At this point, everyone would agree that the DeFi industry is not going away anytime soon, quite the contrary. With the rapid expansion of the crypto, NFT, blockchain and metaverse sector, it is only ...
AI Upstart Waabi Adding Self-Driving Veterans In Race To Commercialize Robot Trucks
The Toronto-based company is expanding to add hardware engineers to integrate sensors, lidar, vision and computing systems into trucks as it shifts to real-world testing. Waabi, an autonomous driving ...
Indian Crypto Users Face More Pain As GST Council Plans 28% Tax
India’s Goods and Service Tax Council is considering levying a 28% GST on Bitcoin and other cryptocurrencies in its next session. According to sources, cryptocurrencies are still outside the ambit of ...
Anargyros Garyfalos Becomes Co-CIO of XM
XM.com, an online trading platform, today announced the promotion of Anargyros Garyfalos, an industry veteran with more than two decades of experience in the financial services industry, to the positi...
Venezuela Bets on De-Dollarization After Foreign Currency and Crypto Tax Is Applied – Emerging Markets Bitcoin News
The government of Venezuela is now focusing its action on trying to establish the bolivar as the go-to currency for purchases in the country. According to several economists, this might be a risky bet...
Stock market investors are getting very worried about a recession: Goldman Sachs
Recession anxiety appears to be spreading through the stock market, overshadowing a respectable corporate earnings reporting season. “Investor concerns about Fed tightening, surging interest rat...
Indian central securities depository to back up its monitoring of bonds by blockchain
The National Securities Depository (NSDL), India’s central securities depository based in Mumbai, launched blockchain-based security and covenant monitoring platform. NSDL officially launched the dis...
The Central African Republic chastised for adopting Bitcoin
The governor of the Bank of Central African States (BEAC) has penned a scathing letter to the Central African Republic (CAR) regarding its decision to embrace bitcoin and other cryptocurrencies. The G...
James K. Filan Provides Latest Update on Ripple Defendants and SEC Scheduling Order
In fresh updates shared by defense lawyer James K. Filan, the Ripple defendants’ response to the SEC’s brief asserting that the Hinman documents are protected by attorney-client privilege ...
Why the UK economy is one of the most vulnerable right now
George Clerk | E+ | Getty Images There’s an economic idiosyncrasy in the U.K. that makes it “one of the most vulnerable countries in the world right now,” according to an investment ...
Bitcoin (BTC) Price Plummets, Raising Fear of Further Bear Dominance
2 hours ago | 2 mins read Bitcoin News There is “Extreme Fear” on the Crypto Fear and Greed Index. BTC might fall to levels not seen since late 2020. With Bitcoin falling to a low of $33,393.61, thing...
How We Selected Our Honorees
More than 400 companies were considered for this year’s list. Finalists were selected based on their use of AI-enabled technology, business models and financials. T he Forbes AI 50 list celebrates the...
Sentiment sinks to 4-month low, is it time to accept crypto winter is here?
The Fear and Greed Index fell to 11 on May 9 after the latest crypto market sell-off, representing a 7-point drop from May 8 and placing sentiment firmly within ‘extreme fear’ territory. Source: alter...
U.S. dollar hits a new 20-year high despite raging inflation
The U.S. dollar index rose to its highest level in 20 years on Friday, May 9. The rise follows the Federal Reserve (Fed) raising rates, a sell-off in U.S. stock exchange indexes, and worries of an eco...
Terra’s LFG to Deploy $1.5B to “Protect the UST Peg”
Key Takeaways The Luna Foundation Guard will loan $750 million worth of Bitcoin and 750 million UST to market makers to help stabilize UST. It comes after UST lost its peg early Sunday due to intense ...
Treasury Five-Year Yield Climbs to Highest Since September 2008
(Bloomberg) — U.S. Treasuries tumbled Monday, driving the yield on five-year notes to the highest level since September 2008 amid speculation persistent inflation will prompt the Federal Reserve...
How ERC-4626 Could Fuel the Next Wave of DeFi
If you know NFTs, you know token standard ERC-721. But are you caught up on ERC-4626? The TVL (total value locked) across all DeFi protocols stands at nearly $193 billion, according to data from DeFi ...
Dvision Network Entering a Partnership with DreamPictures21
Dvision recently announced entering a partnership with DreamPictures21. The digital content production venture specializes in webtoons, and the collaboration will see webtoons being integrated into th...
Opinion: The Dow and the S&P 500 are likely falling into a bear market but your portfolio doesn’t have to sink with them
After talking to my nervous neighbors about the Nasdaq stocks they own, I discovered that most don’t want financial advice. So I’ll offer it here. The Nasdaq Composite Index COMP, -1.40% is in a bear ...