Four men have been convicted for fraudulently obtaining and laundering crypto assets worth 21 million pounds ($25.2 million) from an Australian crypto exchange. Four Convicted for $25.2M Crypto Fraud ...
Tag: Invest
How to Invest During a Bear Market: 6 Tips
If you’re new to the stock market, you’ve probably had a rude awakening: The value of your investments has declined in the past few months. While that may be worrisome, don’t panic. A bear market—defi...
Voyager Customers Can Now Withdraw Assets as FTX Provides Redemption
Leading American cryptocurrency exchange FTX announced a joint proposal with venture capital firm Alameda Ventures Ltd and West Realm Shires Inc., operator of the FTX U.S., to offer early liquidity to...
South Africans Are Willing To Invest in Crypto If Local Banks Get Involved
A survey conducted by Merchants, a Johannesburg-based company, revealed that 53% of South Africans possess no knowledge of cryptocurrencies. Just 14% have considerable knowledge. 23% of them are neutr...
Invest in Uniglo, XLM, and XRP to Stay Ahead of the Market
The history of Bitcoin taught us one good lesson – staying ahead of the market can make you a millionaire. Bitcoin started in 2009 with a price ranging between $0 and $5. Thirteen years later, the pri...
I’m 40 and married with 2 kids. How aggressively should I invest my money right now, and should I own crypto? Here’s what 5 financial advisers told him to do now.
Should crypto be a part of your overall investing strategy? Getty Images/iStockphoto Question: I’m 40, married with two kids and gainfully employed. I’m wondering how aggressively I should be investin...
Half of South Africans Will Invest in Crypto If Banks Provided Such Services: Survey
Merchants’ consumer survey found out that 53% of the South African participants have little to no knowledge of cryptocurrencies. Interestingly, almost half of the respondents said they would be more o...
Top 5 Cryptocurrency to Invest In During a Crypto Bear Market
The bear market of 2022 has lasted quite a while now. Major cryptocurrencies have fallen more than 50%, including the biggest cryptocurrency by market cap, Bitcoin. All this while, the market cap of c...
The Newest Millionaire-Maker Token Just Arrived! Invest in Uniglo (GLO) Which Could Follow the Path of Dogecoin (DOGE) and Shiba Inu (SHIB)
Crypto is known to offer various opportunities spanning decentralized finance, non-fungible tokens (NFTs), and other exciting projects for the Web3 industry. But for investors, the most attractive asp...
Analysts Say Now Is Right Time to Invest In These: Stellar (XLM), Atom (ATOM) and Degrain (DGRN)
They say that generational wealth can be made in the bear market, and that’s true. This is one of the best times for investors to track down better profitable investments while most try to get the b...
Shiba Inu Or Dogecoin: Where To Invest?
– Advertisement – Every industry witnesses multiple changes with the ongoing technological advancement and time. While the cryptocurrency sector is evolving and flourishing at a tremendous...
California Plans to Accept Bitcoin for Political Campaign Donations
California has finally lifted its ban on sending and receiving donations in cryptocurrencies for political campaigns, leaving the likes of Arkansas and North Carolina. According to a Los Angeles Time...
American Film Producer Pleads Guilty to $2.5M FLiK and CoinSpark ICO Fraud
The United States Department of Justice (DOJ) disclosed on Thursday that Ryan Felton, a 48-year-old film producer, pleaded guilty to the promotion of two fraudulent cryptocurrency schemes that led to ...
NFT Marketplace Magic Eden Reports $801M Trades in Q1 and Q2
Leading Solana-based NFT market Magic Eden has recorded a total of over 5.5 million trades worth over $801 million on its platform from January to June 2022. Magic Eden Records $801M in Trade Volume ...
Three Proven Crypto Trading Strategies To Use in 2022
Cryptocurrencies are becoming more and more popular every day. As the value of Bitcoin and other crypto assets continues to rise, more and more people are getting interested in trading them. If you’r...
Fidelity Launches 2 New Ways to Invest in Alternative Assets, But There’s a Catch
A financial advisor shakes hands with her client. Fidelity has launched two alternative asset funds that are available through advisors. Investors looking to diversify their portfolios with alternativ...
Former Coinbase Manager Indicted in First Crypto Insider Trading Scheme
The United States Department of Justice (DOJ) announced today the indictment of Ishan Wahi, a former Coinbase product manager, his brother Nikhil Wahi, and a friend Sameer Ramani. The trio was charged...
Zipmex Confirms $53M Exposure to Celsius and Babel Finance
Singapore-based crypto exchange Zipmex declared on Thursday that it has a total of $53 million worth of funds in exposure to crypto lenders Celsius Network and Babel Finance. The latest development co...
New SkyBridge fund to invest in web3, fintech startups: Business Insider
Anthony Scaramucci’s investment firm SkyBridge Capital will roll out a fund for web3 and crypto startups starting September, Business Insider reported on Wednesday. The fund, which is a mix bet...
BlockFi Discloses $600M “Credit Risk” Amid Turmoil
Cryptocurrency lending startup BlockFi has provided further insights regarding its financial position. According to a quarterly update published on Thursday, the platform faced a $600 million credit r...
What is SHI Stablecoin by Shiba Inu? What We Know (So Far)
Popular memecoin project Shiba Inu (SHIB) is dreaming big. The project’s developers recently announced the upcoming release of the Shi stablecoin. Like most stablecoins, the Shi stablecoin will be peg...
SEC Working to Register Crypto Lending Providers Under Securities Laws
The United States Securities and Exchange Commission (SEC) is working to register crypto lending firms under regulatory purview if they operate like investment companies, according to SEC chair Gary G...
Liquidators Recover Only $40M of Reported $2.8B Owed by Three Arrows Capital
Liquidators of now-bankrupt crypto hedge fund Three Arrows Capital (3AC) have recovered assets worth around $40 million from the company, Bloomberg reported on Thursday. The figure represents only a s...
Finland Generates $47.5 Million From Sales of Confisticated Bitcoin
Finland has sold off 1,889.1 bitcoins worth around 46.5 million euros ($47.5 million) amidst market turmoil, Bloomberg reported on Thursday. The liquidated crypto assets were seized by the Finnish Cus...
South Korean Government Postpones 20% Taxation on Crypto Assets Till 2025
The South Korean government announced Thursday the suspension of the 20% tax imposed on crypto incomes set within the limit of 2.5 million won ($1,942.20) till January 2025, citing “the lack of an inv...
Crypto Exchange KuCoin Secures $10 Million Strategic Investment From SIG
Popular cryptocurrency exchange KuCoin announced Thursday that it had signed a partnership with Susquehanna International Group (SIG), a leading global quantitative trading company. KuCoin Secures $1...
How to Invest in the Lithium That’s Driving the EV Market
Lithium is a key metal used in powering electric vehicles, and demand may increase alongside electric car sales. Canva Contents Why Is Lithium Important? Lithium is an important raw material used to p...
Top Oracle Projects In Crypto To Invest In For 2022
Oracles projects in the crypto world are one of the most underrated projects. Yet, multiple projects deliver oracle-oriented services, even though they don’t invariably get the required credit. This a...
Electric Car Maker Tesla Dumped $936 Million Worth of Bitcoins in Q2
The world’s largest electric car manufacturer, Tesla Inc., on Wednesday, released its second quarter (Q2) financial earnings report revealing the sale of 75% of its total bitcoin worth billions of dol...
Invest in companies that ‘think twice’ about hiring during a Fed-mandated slowdown, Jim Cramer says
CNBC’s Jim Cramer on Wednesday advised investors to buy stock of companies that are adjusting their hiring efforts to fit the economic environment. “If you want to invest with profligate c...
South Korean Prosecutors Raid Upbit and Other Local Crypto Exchanges Over Terra’s Crash
A group of investigators from the Seoul Southern District Prosecutors Office raided local crypto exchanges on Wednesday in an ongoing investigation into the infamous Terra Luna crash, Yonhap News Agen...