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Cryptocurrency News

Location American Cryptocurrency News for 14 August 2022
Crypto Exchange BTC-e Operator Vinnik Reportedly Denied Bail in US, Maintains Innocence Alexander Vinnik, the alleged owner and operator of the infamous cryptocurrency exchange BTC-e, has been found not eligible for release on bail in the United States, where he was recently transferred from Greece. The Rus...
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Billionaire Mark Cuban Sued for Allegedly Promoting a Massive Crypto 'Ponzi Scheme' Shark Tank star and the owner of the NBA team Dallas Mavericks, Mark Cuban, is facing a class action lawsuit for promoting Voyager Digital’s crypto products. The plaintiffs claim that Voyager was “a massive Ponzi sch...
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What DeFi Offers Beyond Lending for Crypto Speculation DeFi advocates claim that his nascent industry will continue to grow and, ultimately, make good on its promises. "By removing the need to rely on intermediaries, DeFi makes traditional banking services far more accessibl...
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Reserve Bank of Zimbabwe 'Developed a Roadmap for Adoption of CBDC,' Says Governor The governor of the Zimbabwean central bank, John Mangudya, recently said his organization “has developed a roadmap for adoption of CBDC [central bank digital currency] in Zimbabwe.” Mangudya also revealed that two f...
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Peter Schiff to Liquidate Euro Pacific Bank in Settlement With Puerto Rican Regulator Gold bug Peter Schiff has settled with Puerto Rico’s financial regulator and agreed to liquidate his Euro Pacific Bank. Schiff stressed that he is not admitting to any legal wrongdoing. Peter Schiff Liquidating Euro Pa...
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Crypto Trading, Investing Illegal in Iran, Central Bank Governor Reiterates It is illegal to buy or sell cryptocurrency in Iran, the head of the country’s monetary authority has recently reminded citizens and businesses. The governor noted, however, that mining cryptocurrencies and using them ...
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Shiba Inu eyes 50% rally as SHIB price enters 'cup-and-handle' breakout mode The Shiba Inu breakout appears almost ten days after SHIB's addition to Binance Card.
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Another Stablecoin Depegs From USD Parity, Polkadot-Based AUSD Loses 98% in Value 2022 has been the year of broken stablecoins as a myriad of dollar-pegged crypto assets depegged from their dollar value this year. On August 14, the Polkadot-based stablecoin alpaca usd (AUSD) dropped below a U.S. penny...
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Top 5 cryptocurrencies to watch this week: BTC, ADA, UNI, LINK, CHZ Bitcoin price is targeting $25,000 and holding this level could trigger breakouts in ADA, UNI, LINK and CHZ.
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Brazilian Crypto Investment Platform Bluebenx Stops Withdrawals Under Hack Allegations Bluebenx, a Brazil-based cryptocurrency investment platform, suspended withdrawals last week due to an alleged hack that made the company lose more than $31 million. The company announced that the withdrawals would be st...
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Proposed Ethereum PoW Fork Token Loses Half Its Market Value in Less Than 6 Days In 32 days, Ethereum is expected to upgrade from a proof-of-work (PoW) consensus algorithm to a proof-of-stake (PoS) system after the network used PoW for seven years. While the testnets have implemented the new rules, m...
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Bitcoin hits $25K as bearish voices call BTC price 'double top' A casual dash over the $25,000 mark is fully retraced as weekend trading produces some classic volatility.
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Why Celsius and Voyager Were More Like Uninsured, Quasi-Banks William D. O'Connell, PhD Candidate, Political Science, the University of Toronto.______ There is a well-known saying shared by both crypto experts and skeptics: "Not your keys, not your coins." The phrase, popularized b...
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Bank of Russia Aims for Full Launch of Digital Ruble in 2024 The Central Bank of Russia plans to begin the comprehensive implementation of the digital ruble two years from now, according to a paper detailing its monetary policy priorities for the 2023 – 2025 period. As the devel...
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US Venture Capital Firm Leads New Investment in Nigerian Startup Teamapt The United States-based venture capital (VC) firm, QED Investors, recently led an investment round that raised more than $50 million for the Nigerian fintech Teamapt. The investment, as well as the VC firm’s hiring of ...
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