Seven months after pleading guilty, former Ethereum developer Virgil Griffith has been slammed with 63 months jail term for siding and helping the North Korean government evade US sanctions using cryptocurrency. In addition to that, Griffith was fined $100,000 by Judge Kevin Castel of the Southern District of New York. Back in November 2019, Virgil…
Digital banking and lending company Milo has announced a new service that finally allows cryptocurrency investors in the United States to purchase homes using their digital assets as collateral. Before now, buying properties with Bitcoin or any other cryptocurrency required investors to sell their holdings or collateralize their digital assets for loans used in down…
The Central American nation El Salvador made history last year as the first-ever country to officially recognize Bitcoin as a legal tender. Many experts are now starting to predict that more nations are likely to follow suit in 2022, including the CEO of the deVere Group, Nigel Green. More Countries Might Legalize Bitcoin in 2023…
On Thursday, the leading cryptocurrency Bitcoin (BTC) got some holders worrying following the drop in price to around $44,000. For Will Clemente, however, nothing has changed. The Blockware Lead Insight Analyst shared some reasons why he is still bullish on Bitcoin for the coming weeks. Will Clemente: Some Bullish Factors to Hold Onto In accordance…
Kryptoin, the Delaware-based crypto-focused asset manager, has filed with the United States Securities and Exchange Commission (SEC) to introduce another crypto exchange-traded fund – this time, it’s an Ethereum ETF. Previously the company submitted a proposal with the SEC for a Bitcoin ETF; however, it’s yet to be approved. Kryptoin Pushes for Ethereum ETF According…
There’s a lot of important events that happen every month in the cryptocurrency space, ranging from technical improvements of protocol, Mainnet launch, airdrops, and token burns, to say the least. So, in this article, we will share some of the major upcoming crypto events in July you need to keep tabs on, which may include…
Bitit, a French crypto brokerage founded in 2015, is planning to shut down. The company offered its customers a quick way to purchase cryptocurrency with fiats. However, they will be closing all activities because they’re having some regulatory difficulties and vicious competition. The Effect of Regulation and Competition on Bitit Even though many reasons could…
The number of Tether (USDT) in circulation on the TRON blockchain has surpassed that of Ethereum for the first time. This milestone for the TRON community comes amid the network congestion and expensive transaction fees plaguing Ethereum, which has since been the dominant blockchain for the US dollar stablecoin. Tether Minted 2 Billion USDT in…
The United States government is worried about whether China’s current plans for a digital yuan could affect the US dollar status as the world’s dominant reserve currency over the long term. Biden’s team shows concern over digital Yuan As the Chinese digital currency continues to gain more momentum in the pilot phase, several government officials…
The California real estate developer, Rick Caruso, popularly known for his posh outdoor malls and management of USC as chairman of the board of trustees, is making history in the real estate industry. Caruso had announced on Wednesday that he has partnered with Gemini Exchange, a cryptocurrency exchange founded by Tyler and Cameron Winklevoss, so…