Here are 3 proven ways to get rich during a recession — without having to risk a bunch of money to do it Certain politicians have dismissed the idea that the U.S. is currently in a recession. But if y...
Tag: Money
Tornado Cash Is Banned By US Government With Money Laundering On The Rise
The U.S. Department of Treasury has listed Tornado Cash on the List of Specially Designated Nationals and Blocked Persons (SDN) and prohibited American persons from using the service. Sanction violati...
Terra-LUNA Investors To Get Their Money Back
South Korean crypto exchanges Upbit and Korbit had promised to return transaction fees earned during the Terra-LUNA crisis as compensation to investors. However, the promise seems to be fading with no...
Half of Gen Z see no point in saving until things get back to “normal” — here’s what they’re doing with their money instead
Half of Gen Z see no point in saving until things get back to For 18-year-old Anousha Ahmed, based in Virginia, earning income at her first job meant having more freedom. “My focus wasn’t really...
Billionaire Mike Novogratz says Merge enthusiasm will ‘continue to draw money into Ethereum’
One of the cryptocurrency market’s most ardent supporters has shared his opinions on the future of the market’s second-largest asset, Ethereum (ETH), as the digital assets shifts from the Proof-of-Wor...
How Much U.S. Money Did Departing Afghan Officials Steal? How Much Cash Fits On A Helicopter?
Ashraf Ghani casts his ballot in the 2014 Afghanistan elections. (Photo by Scott Peterson/Getty Images) Getty Images When President Ashraf Ghani and his top aides fled Afghanistan on a fleet of four h...
Tornado Cash Sanctioned by U.S Agency Over Money Laundering
Altcoin News Tornado was defined as a virtual currency mixer used to launder cybercrime revenues. The move went into effect on Monday, according to the US Department of Treasury. Tornado Cash, a crypt...
Don’t be fooled by a drop in U.S. headline inflation. Markets will be attuned to another figure on Wednesday.
Traders, investors and economists are all counting on Wednesday’s consumer-price index report to show a decline in the annual headline U.S. inflation rate for July. But there’s another figure buried i...
This is the ‘Jay Leno rule’ of saving money. You don’t have to be rich to do it
Comedian Jay Leno Getty Images/iStock Comedian Jay Leno has openly shared that while collecting two salaries — one from his ‘Tonight Show’ hosting gig and one from the 150 annual comedy shows he’d app...
BitMEX’s Greg Dwyer Pleads Guilty for Role in Money Laundering Case
The first employee of BitMEX cryptocurrency derivatives exchange Monday pleaded guilty to violating a U.S. federal anti-money laundering law by failing to put in place an anti-money laundering program...
Ethereum Co-Founder Vitalik Buterin Downplays Ethereum PoW Fork, Hopes It ‘Doesn’t Lead to People Losing Money’ – Bitcoin News
Ethereum co-founder Vitalik Buterin recently discussed what he thinks about the recent Ethereum proof-of-work (PoW) fork topic that’s been finding its way into a number of conversations within the cry...
Vanguard Says Bonds Are Back. Here’s Where You Could Make Money
SmartAsset: Here’s Where You Could Make Money With Bonds While the markets reflect worry about a possible recession, Vanguard says that bonds could offer long-term investors opportunities to mak...
UAE introduces new reporting requirements to counter crypto real estate money laundering
The United Arab Emirates introduced new reporting requirements for real estate transactions involving digital assets in a statement on August 8. The new rules are aimed at clamping down on money laund...
A real life Money Heist — these are the 10 biggest bank robberies of all time, including who got caught and who got away
A real life Money Heist — these are the 10 biggest bank robberies of all time, including who got caught and who got away Along with winning the lottery, robbing a bank is a time-honored technique used...
4 questionable, but legal, things some financial advisers do with your money
Is your financial adviser ethical? Getty Images/iStockphoto There are many people out there who will offer to give you financial advice. And while most of them are ethical and trustworthy, sometimes y...
UAE To Clamp Down on Crypto Real Estate Money Laundering
They would also require brokers, agents and law firms to file reports to the Financial Intelligence Unit, which is responsible for tracking dirty money, and would also apply when the buyer attempts to...
Where is Tether Holding Their Money? Here is the Answer! – Coinpedia – Fintech & Cryptocurreny News Media
After the Terra collapse, traders and investors worldwide are concerned about the security of their money in stablecoin products like Tether, which suffered significantly with millions of outflows. Bl...
Stock-market investors wrestle with ‘boomflation’ after hot July jobs report
The worry instead turned to what a rip-roaring labor market and surging costs for everything means for stocks and bond portfolios, particularly if it turns into a mix of higher growth and inflation wi...
Russian National Extradited to the U.S. to Face Crypto Money Laundering Charges
Alexander Vinnik, a Russian national accused of running an illegal crypto exchange BTC-e was extradited to the United States to face fraud charges. In a statement, Kenneth A. Polite Jr., an assistant...
Where You Should Put Your Money in a Bear Market
Detroit, MI –News Direct– Benzinga After more than a decade of astronomical growth, the stock market has steadily declined since early 2022. On June 13, the S&P 500 plunged into a bear...
Here Is Where Tether Might Be Holding Their Money
Arman Shirinyan Ever wondered where Tether holds its funds? Blockchain researches found answer Following the unpleasant story with UST stablecoin developed by Luna, traders and investors around the wo...
Alexander Vinnik extradited to the US on money laundering charges
Alexander Vinnik, a Bitcoin BTC-e operator, has been extradited to the United States. Vinnik is now facing multiple charges, including money laundering, while working on the exchange that has since be...
What is a decentralized money market and how does it work?
The seamless flow of capital between borrowers and lenders is a key aspect of a vibrant economy. Anyone with an extra asset can lend it to put their idle capital to work, while people needing it to gr...
Changpeng Zhao (CZ) Distances Binance From WazirX Amid Money Laundering Accusations
– Advertisement – Binance CEO Comes Out To Clarify That His Exchange Never Acquired WazirX As Incorrectly Reported By Some Media. Contrary to some media reports, Binance’s CEO claims his...
Marq Vision, Bits Crypto, Galoy Money Complete Successful Funding Rounds, Brazil Seek Crypto Law – crypto.news
Fundraising and seed rounds continued today with Marq Vision, Bits Crypto and Galoy Money. Reports show that Brazil could be on the path to approving a new cryptocurrency-focused law. Crypto appears t...
Crypto Exchange WazirX Bank Assets Frozen Over Money laundering Charges
The Indian Cryptocurrency Exchange, WazirX has landed under the radar of the Enforcement Directorate (ED). In the latest developments, the ED searched the premises of WazirX’s Director. ED Froze Wazir...
India freezes 64.67 crore ($8.1M) of WazirX’s funds for money laundering probe
India’s Enforcement Directorate (ED) has ordered the freeze of a WazirX bank account with Rs 64.67 crore (roughly $8.1 million) in connection with a money laundering investigation, IndiaToday reported...
After Making Money In A Bear Market, David Einhorn Is Shorting Elon Musk With A Long Twitter Bet
David Einhorn’s Greenlight Capital generated a return of 8.4% for the second quarter, bringing its year-to-date return to 13.2% at a time when most other hedge funds are languishing with negativ...
Got Hidden Income? The IRS May Get More Money to Find You
If Congress passes the Inflation Reduction Act, Americans should expect more IRS audits—especially on filers making more than $400,000 a year. The surprise agreement between Sens. Chuck Schumer (D., N...
Warren Buffett says this is the ‘biggest mistake’ people make with their money (and psst: it has to do with savings)
Warren Buffett johannes eisele/Agence France-Presse/Getty Images Warren Buffett, the infamous 91 year-old Oracle of Omaha, is worth roughly $100 billion dollars — and could clearly spend frivolously. ...
The red flag that preceded a halving of global equities in 2000 and 2007 is back, warns Citi
We are a day away from data that could prove a turning point for markets. If Wednesday’s CPI doesn’t reveal some slowing in prices, expectations will rise for a bigger Fed rate hike in September, poss...