Central African Republic Reportedly Launches Crypto Coin, Bitcoiners Slam Move

Central African Republic (CAR) president Faustin-Archange Touadera announced recently that cryptocurrencies are an alternative to cash. Bitcoiners, jedoch, insist the top cryptocurrency is the only solution to the CARs money problems. Formal Economy Not an Option Central African Republic president Faustin-Archange......

Argentina Runs to Stablecoins Amidst Political and Economic Uncertainty

Citizens of Argentina are hedging their savings by using stablecoins amidst the recent climate of uncertainty created by the resignation of certain key members of the government. The minister of economy in the country resigned last weekend, alongside other personalities, creating......

British Army’s Social Media Accounts Hacked to Promote Bitcoin Giveaways, Crypto Scams

The British Armys official Youtube and Twitter accounts were compromised Sunday and hackers used them to promote crypto, including bitcoin and ether giveaway scams featuring Tesla CEO Elon Musk. British Armys Social Media Accounts Used to Promote Bitcoin, Krypto, NFT Scams......

Brazil Creates Crypto-Dedicated Investigation Unit

The public prosecution of the Federal District, located in the center-west region of Brazil, has launched its own cryptocurrency investigation unit. The newly formed unit will focus its activities on aiding other prosecutors in cryptocurrency investigations, and also educating consumers about......

Blockfi CEO Says FTX Has an ‘Option to Acquire’ Crypto Lender at a Price of up to $240M

According to Blockfis co-founder Zac Prince, the company has signed definitive agreements with the crypto firm FTX and the deal is currently up to shareholder approval. The deal represents a total of $680 Million, but Prince also noted that $240 million......

Prüfbericht: Huobi to Start Layoffs That Could ‘Exceed 30%’ — Founder May Sell Stake in Company

According to the Chinese journalist Colin Wu, otherwise known asWu Blockchain,” the cryptocurrency company Huobi may lay off 30% of the firms staff due toa sharp drop in revenue.” Außerdem, the reporter claims that Huobis co-founder Leon Li is......

Coinbase Responds to Reports of Selling Customer ‘Geo Tracking’ Data to US Government

The Nasdaq-listed cryptocurrency exchange Coinbase has insisted that it does not sellproprietary customer dataafter reports surfaced that its Tracer product is providinghistorical geo tracking datato the U.S. Immigrations and Customs Enforcement (ICE). Coinbase Responds to Reports of......

Senator Indira Kempis Proposes Bill to Make Bitcoin Legal Tender in Mexico

Indira Kempis, senator of the Mexican Congress, has proposed a bill that would make bitcoin legal tender in the country. The bill bases its action on the hardships that Mexican citizens are facing went trying to access financial products and education.......

Crypto Exchange Coincoinx to Launch Crypto to Fiat Payments App in Venezuela

Coincoinx, a cryptocurrency exchange, will reportedly launch a service that will allow users to skip trading crypto for fiat to make payments in Venezuela. The service, which is called Coinpago, will allow users to make payments in every store and retailer......

Troubled Crypto Hedge Fund 3AC Reprimanded by Singapore’s Monetary Authority, Liquidators Eye Su Zhu’s Properties

On Wednesday, it was reported that the crypto hedge fund Three Arrows Capital (3AC) was liquidated by a British Virgin Islands court and following the alleged liquidation, the Monetary Authority of Singapore (MAS) has reprimanded 3AC for misleading regulators. Außerdem, berichtet......