Category: Featured

Miljardär Mark Cuban kaevati kohtusse massilise krüpto "Ponzi skeemi" väidetava reklaamimise eest

Shark Tank star and the owner of the NBA team Dallas Mavericks, Mark Cuban, is facing a class action lawsuit for promoting Voyager Digitals crypto products. The plaintiffs claim that Voyager wasa massive Ponzi schemeand Cubanduped millions of......

Lõuna-Aafrika professor süüdistab keskpanga ametnikku krüptotööstust kahjustava valeinformatsiooni levitamises

A South African professor, Steven Boykey Sidley, has branded asbalderdashclaims by the South African central bank deputy governor that “90% of cryptocurrency transactionsare illicit. The professor also accused the senior central bank official of spreading inaccurate information that......

Charles Schwab’s $655B Asset Management Arm to Start Trading Crypto-Related ETF This Week

Charles Schwab’s $655 billion asset management arm is launching its first crypto-related exchange-traded fund (ETF). The new fund is expected to start trading this week on the NYSE Arca exchange. Charles Schwab Launches Its First Crypto-Related ETF Schwab Asset Management, a......

Social Media Users Deride China’s Reported Use of Military Tanks to Intimidate Protesting Bank Customers

Social media users have slammed Chinas reported use of military tanks to intimidate bank customers protesting against the freezing of their savings. Some users claimed the deployment of military tanks exposes the countrys underlying economic problems. Crypto proponents see the issue......

The Central African Republic Says Sale of 210 Million Sango Crypto Tokens to Commence in Late July

The sale of the Central African Republic (CAR)’s 210,000,000 Sango coins is set to begin on July 25 and participating investors will have to buy tokens worth at least $500. In return for buying and locking in the Sango coins, investors......

Latest Global Findex Survey: Share of Adult Population with a Bank Account Now 76% 1.4 Billion Adults Still Unbanked

Between 2011 ja 2021, the share of the worlds adult population that had bank accounts rose from 51% juurde 76%, the findings of the latest World Bank Global Financial Index survey have shown. Umbes 1.4 billion adults are, however, still unbanked,......

State-Owned Swiss Bank Postfinance to Offer Clients Direct Access to Crypto Market

Swiss post offices banking unit, the state-owned Postfinance, is reportedly preparing to enter the crypto market. “Our clients want direct access to this market through their house bank.Swiss Post Offices Banking Arm to Enter Crypto Market The banking and financial......

Charlie Munger: Everybody Should Avoid Crypto ‘as if It Were an Open Sewer, Full of Malicious Organisms’

Berkshire Hathaway Vice Chairman Charlie Munger, Warren Buffetts right-hand man, has a message for investors considering cryptocurrency. “Never touch it,” he stressed, adding that everyone should follow his example and avoid cryptoas if it were an open sewer, full of......

Tesla CEO Elon Musk Officially Terminates $44 Billion Twitter Deal — Twitter Threatens Lawsuit

Tesla CEO Elon Musk has formally informed Twitter that he is terminating his $44 billion bid to buy the social media platform. “Twitter is in material breach of multiple provisionsof the agreement, Musks lawyer explained. Musk Ending Deal With Twitter......

Bank of America’s Active Crypto Users Drop More Than 50% in Bear Market

Bank of America has revealed that the number of its customers who are active crypto users has declined more than 50% from its peak in November last year. In addition, the bank said its datashows that outflows to crypto platforms......