FTX CEO believes KYC tools can be useful to the US crypto market
FTX is putting in measures to adapt to the issues of regulations around the crypto industry, considering the fact that many crypto firms have had to close their doors because of the ongoing government scrutiny. FTX CEO Sam Bankman-Fried has been public about his continuous efforts to adapt to evolving restrictions around running crypto firms, […]
Brazilian Court orders the sale of Bitcoin stash worth $1.1 Million
This is the first time a Brazilian court has ordered the sale of a Bitcoin stash, the Bitcoin was seized from Tradergroup a company that was allegedly operating as a Ponzi scheme under the guise of a cryptocurrency investment firm, in 2019. 43 Federal Police officers executed five search and seizure orders in Espirito Santo, […]
Alchemy Pay sets to launch virtual crypto cards
Alchemy Pay is planning to launch a crypto-linked virtual card that is accepted on the Visa and Mastercard payments networks, the card will accept Bitcoin and other cryptocurrencies. Alchemy Pay, a hybrid crypto-fiat platform, revealed on Monday that it will create virtual crypto-linked cards that will accept more than 40 cryptocurrencies, including Bitcoin (BTC). The […]
Ethereum falls 7.6 percent as cryptocurrency markets crash
Ethereum, the second-largest cryptocurrency by market capitalization is one of the day’s top losers, trailed by Dogecoin and Uniswap. Ethereum has lost 7.6 percent in the last 24 hours, sliding close below the critical $3,000 level. According to CoinGecko, the cryptocurrency is currently trading at $2,934. Extending the period, on the other hand, provides a […]
Mossad is looking to hire a cryptocurrency expert
Israeli Intelligence Agency Mossad is reportedly Looking for a crypto and fintech expert according to a local media news source. The state spy agency is reportedly on the lookout for financial technology experts , according to local media. The purpose is reportedly so that it can make anonymous payments to agents and purchase equipment using […]