The founder of crypto exchange Bitzlato, who is facing a money laundering case in the U.S., is seeking support from members of the community. Anatoly Legkodymov was arrested in January for his role in the trading platform which allegedly processed millions of dollars’ worth of illicit funds. Bitzlato Founder Looking for Bail Guarantors in U.S. […]
The crypto market is getting bullish signals again, after Thursday, March 23 2023, Bitcoin (BTC) rose by 3.87 percent. Reversing a 3.07 percent decline from the previous day. Bitcoin managed to penetrate USD 28,304 or the equivalent of IDR 429.8 million (assuming an exchange rate of IDR 15,185 per US dollar). BTC enters the USD […]
A former employee at Coinone, one of South Korea’s top five cryptocurrency exchanges, was arrested on charges of accepting bribes in exchange for listing certain cryptocurrencies on the platform in 2020. Reporting from Yahoo Finance, the Seoul Southern District Prosecutors’ Office revealed that the former employee, identified by the surname Jeon, received USD 1.47 million […]
Cryptocurrency company Tether expects to make a $700 million profit in the March quarter, bringing its total reserves to more than $1 billion, the company’s chief technology officer told CNBC, revealing the latest figures for the first time. Tether issues the stablecoin USDTwhich is pegged one-to-one to the US dollar. USDT is backed by real-world […]
Deputy Minister of Trade Jerry Sambuaga also opened his voice regarding the findings of the Ombudsman of the Republic of Indonesia regarding 3 maladministrations carried out by the Commodity Futures Trading Supervisory Agency (Bappebti). This relates to PT Digital Future Exchange’s crypto exchange permit, where violations are suspected in the form of protracted delays, procedural […]
Former CEO and Founder of Terraform Labs, Do Kwon was allegedly arrested at the airport in Podgorica, Montenegro by local authorities. This was conveyed by Filip Adfzic, Minister of Internal Affairs of Montenegro via Twitter, Thursday (23/3/2023) evening. “Montenegro police have detained a person suspected of being one of the most wanted fugitives, South Korean […]
Recently, global payments provider Mastercard launched its stablecoin digital wallet integration with the Australian stablecoin platform, Stables. Mastercard and Stables on March 20 announced a collaboration that will enable retail customers in the Asia-Pacific region (APAC) to spend their stablecoins wherever Mastercard is accepted. What kind of features are available in the stablecoin digital wallet? […]
As Bitcoin and other cryptocurrencies strengthened, the share price of cryptocurrency exchange Coinbase soared. In less than two weeks, Coinbase shares have risen by around 56 percent, exceeding more than USD 83 or the equivalent of IDR 1.2 million (assuming an exchange rate of IDR 15,301 per US dollar) per share, the highest in six […]
Amid fears of rising inflation in the United States due to the ongoing bank crisis, Argentina and Turkey, have experienced high inflation first. Reporting from Investmentmonitor.ai, in January 2023, the inflation rate in Turkey reached 57.7%. This means that the price of goods that previously sold for 100 Turkish lira in January 2022, will now […]
Knowing what FOMO (Fear Of Missing Out) is is certainly important to know, especially for stock and crypto traders and investors. FOMO is a term used to describe feelings of anxiety or discomfort that arise from the belief that other people are experiencing something they want and they are not. This feeling is not limited […]