Michelle Korver has been appointed as FinCEN’s first-ever top digital currency advisor
Michelle Korver, who was appointed by FinCEN, has been fighting against money laundering as as early as 2013, when she joined the company. FinCEN has hired Michele Korver, a former employee with the United States Department of Justice, to be the agency’s first chief digital currency advisor. Korver formerly worked for the DOJ. According to […]
Cryptocurrency: Marshall Wace, A London-based Hedge Fund Giant Plans A Major Move Into Crypto
Marshall Wace is purportedly still debating the size of its new cryptocurrency portfolio with possible investors, according to media reports. Marshall Wace, a London-based hedge fund behemoth with over $55 billion in assets under management, is allegedly contemplating a significant expansion into cryptocurrency and blockchain investing in the near future. According to a storey published […]
Crypto Fraud: Self-acclaimed Brazillian “Bitcoin King” Arrested Over Alleged 7000 BTC Fraud
Claudio Oliveira, the Bitcoin King of Brazil, has been apprehended by the country’s Federal Police for embezzling cash worth 7000 Bitcoin in a scam. According to reports, the suspected fraudster’s cryptocurrency brokerage filed for bankruptcy in 2019 after claiming to be the victim of a cyberattack. Claudio Oliveira, a self-acclaimed “Bitcoin King,” has been detained and […]
Ethereum Price: Ethereum Already Surpasses Bitcoin In Dollar, Says Celcius CEO
Celsius Network CEO Alex Mashinsky asserted that the Ethereum has already began “flippening” Bitcoin, indicating that it has already begun to “flippen” Bitcoin in terms of U.S. dollars. Alex Mashinsky, the CEO of Celsius Network, has stated that Bitcoin (BTC), the most valuable cryptocurrency in terms of market capitalization, has already begun losing ground to Ethereum (ETH). […]
Kazakhstan Imposes Additional Taxes for Crypto Miners, amid an influx of Chinese miners
Kazakhstan’s new policy requires bitcoin mining firms to pay an extra tax on the electricity they use. Kazym-Jomart Tokayev, President of the Republic of Kazakhstan , recently signed legislation amending the country’s tax and budget payment codes, which included the introduction of a new tax on cryptocurrency mining operations. A tax of 1 Kazakhstan tenge […]