Cryptocurrencies Steal Money from the Economy; Bank of Russia Defends its Negative Stance on the Industry

Jan 26, 2022 at 14:28 // News On January 20, the Bank of Russia published a report proposing to ban the cryptocurrency industry in the country. After being heavily criticized, the institution defended...

Money Laundering Picks Up Steam on DeFi Protocols: Chainalysis

And DeFi is not the only crypto-related money laundering method on the rise: Mining pools, high-risk exchanges and mixers also received an increased amount of crypto from wallets tied to criminal acti...

Money laundering via crypto rose 30% in 2021, with DeFi laundering up 20x: Chainalysis

New research from blockchain forensics firm Chainalysis finds that money laundering in crypto grew from $6.6 billion to $8.6 billion between 2020 and 2021. While centralized exchanges with weak know-y...

XREX Obtains Money Services Business License from FINTRAC

In an effort to accelerate its international expansion, XREX, a neo-fintech company, today announced that it has acquired a Money Services Business (MSB) license from Canada’s FINTRAC. Through the acq...

CMC Markets Sees Near Record Client Money in Q3

CMC Markets (LSE: CMCX) released a trading update of its performance between October and December, which is the third quarter of the ongoing fiscal. It highlighted that client money and asset under ad...

Fed will raise its policy interest rate above the inflation rate ‘sooner rather than later,’ says ex-governor Quarles who resigned last month

Former Federal Reserve Governor Randal Quarles said Tuesday that he thinks the Fed will move swiftly to raise its policy interest rate above the inflation rate because that is the only way to defeat i...

Stocks Are Getting Hammered. Big Money Is Waiting to Buy the Dip.

Text size A scene from the New York Stock Exchange on Monday. NYSE The stock market is down—a lot. The good news is that there is a pile of money waiting in the wings to buy the dip.  The S&P 500 ...

How Intelligent Machines Are Reshaping Investing

getty Takeaways Machine learning is a type of artificial intelligence (AI) that uses computer algorithms to analyze and learn from data Machine learning algorithms can draw insights from data faster a...

MicroStrategy Will Continue to Put Money Into Bitcoin Despite Drop Says CFO

Despite the recent crypto market decline, MicroStrategy will not stop purchasing more bitcoin (BTC). Phong Le, MicroStrategy CFO, said in a Wall Street Journal report today that the company’s position...

ETH money markets process $200M in liquidations in one day

As ether lost more than 14% on Friday, its biggest single-day drop in more than half a year, it triggered liquidations of collateral locked in decentralized money markets, some of which made an impres...

As stock market plunges, a star money manager says the Fed is making a mistake by focusing on rates. Here’s what Scott Minerd says it should do instead.

The Federal Reserve is under the gun as the market plunges ahead of its first rate-setting meeting of 2022, and at least one star money manager says that the central bank could be making a policy erro...

Odell Beckham Jr. took his $750K salary in bitcoin — how much did it cost him?

Los Angeles Rams wide receiver Odell Beckham Jr. made headlines last November when he announced he would be converting his 2021 salary into bitcoin. The problem for Beckham: that bitcoin BTCUSD, -0.41...

Giving Moms Money Can Boost Babies’ Brain Activity, Study Finds

Topline Giving mothers an unconditional cash gift of $333 each month may result in their children displaying increased brain activity, according to a study of 1,000 low-income mother-infant groups pub...

MicroStrategy Stock Falls After SEC Objects to Bitcoin Accounting

Text size The price of Bitcoin has been slumping. Dreamstime MicroStrategy stock continued its downward spiral Monday, dragged down by plunging Bitcoin prices and newly released filings showing that t...

Dock Plans to Use Cryptos for International Money Transfers: Reuters

Brazilian financial services platform Dock offers solutions for the entire digital payments ecosystem, according to Reuters. The company, formerly Conductor Technology, plans to utilise cryptocurrenci...

Binance CEO Rebukes Claims Related to Lax Money Laundering Measures

A new Reuters report has revealed that Binance might have enabled money laundering on its platform due to its lax compliance to regulations.  According to the report, Binance maintained weak checks on...

Cramer’s Mad Money Recap 1/21: Microsoft, Tesla, Apple

The air has been slowly escaping the stock market balloon for weeks now, Jim Cramer told his Mad Money viewers Friday. And unless you own the stock of a company that makes real things and has real ear...

The Fed Is Ignoring the Money Supply and Letting Inflation Rip

Text size Farmers descended on Washington to protest high interest rates in 1979. Charles Harrity/AP/Shutterstock About the author: Robert Heller is a former member of the Federal Reserve Board of Gov...

These money and investing tips can shelter your portfolio from the stock market’s worst storms

Don’t miss these top money and investing features: Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly! INVESTING NEWS & TRENDS Can you name today’s biggest r...

Is the market crashing? No. Here’s what’s happening to stocks, bonds as the Fed aims to end the days of easy money, analysts say

As the stock market has convulsed lower and yields for bonds have surged in recent weeks, culminating in a so-called correction for the Nasdaq Composite Index, average Americans are wondering what’s a...

Startups raised more money from Crypto in the last five years

Crypto startups have raised more money in the last five years than ever  DAOs and Web3 were the runners up with 17% subsidizing  Computerized monetary forms have raised several interest from a plethor...

4 Low P/E Stocks Paying Dividends

VALUES getty They’re called “value stocks” because relative to other stocks they’re cheap based on the amount of earnings investors can see for the price they pay. A discerning long-term investor can ...

Grey Hat Hacker promises to return 80% Of Stolen money

A hacker who stole approximately $200,000 is proposing to repay the majority of the stolen assets. The hacker, who is now known as a grey hat hacker, was able to successfully steal $200,000 from one o...

How a Russian invasion of Ukraine could trigger market shock waves

The threat of a devastating European ground war hasn’t done much to rattle financial markets so far, but investors still appear likely to snap up traditional safe-haven assets should Russia attack Ukr...

CNBC’s Mad Money host, Jim Cramer, says Dogecoin (DOGE) is a security

Dogecoin investors have received a warning from Jim Cramer, CNBC’s Mad Money host. According to Cramer, Dogecoin (DOGE/USD) was a form of security that regulators would closely monitor in the future. ...

Netflix stock is now dead money, says analyst

Think twice before jumping into the pool to scoop up the beat-up shares of streaming giant Netflix, one analyst warns after a disappointing earnings report.  “It would not surprise us even off a...

Should I claim Social Security at 70, or take it earlier and invest the money?

Few things are certain, yet Social Security retirement benefits are among the safest sources of retirement income: Inflation-adjusted monthly benefits backed by the federal government for as long as y...

Money On Chain Brings Earning to Bitcoin Holders with 25% Return

Money On Chain protocol enables the creation of new Stablecoins Tokens, allowing transactions of innovative financial systems to be free from the volatility of the current cryptocurrencies markets ena...

Crypto Start-ups Raised 30x More Money Than Five Years Ago

Vladislav Sopov TV host and finance expert Jon Erlichman shares statistics on how venture capitalists invaded Web3 segment with their money Contents Crypto fundraising in 2021 smashed previous record ...

Bitcoin drops below $40,000 as global market selloff spreads to cryptocurrencies

Bitcoin prices were trading at levels not seen since August, pushing below a key support level on Friday, as a selloff of perceived riskier assets spread to cryptocurrencies. Bitcoin BTCUSD, -6.06%, t...

New Fed paper hints that a US CBDC could compete with ‘private digital money’

Thursday proved Fed chair Jerome Powell right in that the US central bank’s long-awaited central bank digital currency (CBDC) paper was right around the corner. The 40-page paper represents a key step...

Money on Chain Ecosystem Turns Two, Here’s What It Achieved So Far

Vladislav Sopov Money On Chain, the first DeFi products suite on Bitcoin (BTC) blockchain, celebrates second anniversary Contents Money on Chain celebrates two-year anniversary 25% APY on BTC: Unique ...