Ex-Goldman Sachs banker clarifies Wall Street’s Bitcoin error
John Haar, a former member of the traditional finance community, claims that Wall Street’s reluctance to accept Bitcoin is due to a basic knowledge of “sound money.” The lack of backing for Bitcoin from “traditional finance,” according to John Haar, a former asset manager at the financial firm Goldman Sachs, is the result of a […]
Houston Texans, first NFL team to use crypto to sell game suite
The Houston Texans have joined a growing list of NFL teams with cryptocurrency partnerships and payment agreements after signing a contract with Texas-based BitWallet, a provider of crypto wallets. The Houston Texans of the National Football League (NFL) are the first team in the league to offer single-game suites for purchase with cryptocurrency. The action […]
Crypto frauds drops by 65% as newbies leave market: Chainalysis
According to a new crypto crime study, fewer people have been scammed by bitcoin so far in 2022 as a result of dropping asset values and novice cryptocurrency users leaving the industry. The total revenue generated by crypto scams year to date is currently estimated to be $1.6 billion, according to a Chainalysis report published […]
Crypto.com Gets Confirmation for Crypto Asset Activities in the UK.
Digital asset exchange After receiving registration confirmation from the Financial Conduct Authority (FCA) on Tuesday, Crypto.com has recently acquired the go-ahead for “certain crypto asset activities” in the UK. The FCA’s Financial Services Register indicates that on August 16 “FORIS DAX UK LIMITED” was given Money Laundering Regulation Status and registered to engage in “certain […]
Restriction on Tornado Cash disastrous for other privacy protocols
In particular, Web3 technologies that provide privacy on the blockchain may be impacted by the U.S. ban on Tornado Cash. There are growing worries that the recent sanctions imposed by the US government against Tornado Cash could create a “slippery slope” for Web3 privacy and ultimately render the medium “meaningless.” The co-founder of the privacy […]