Antivirus software entrepreneur John McAfee was indicted on fraud and money laundering conspiracy charges alleging that he and cohorts made over $13 million by fooling investors zealous over the emerging cryptocurrency market, authorities said Friday. McAfee, 75, was charged in a newly unsealed indictment in Manhattan federal court along with Jimmy Gale Watson Jr., who […]
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At INX, Maia Naor is one of those experts pioneering the new tokenized economy as VP of the company which specializes as a blockchain-based platform for trading digital securities and cryptocurrencies. Naor and the company have set out to change the future of finance when it opens its doors to trading 24 hours a day, […]
Coinbase has filed papers with U.S. regulators to become a publicly traded company as digital currencies continue to march toward mainstream acceptance. The digital currency exchange is seeking a direct listing, which would allow company insiders and early investors to convert their stakes in Coinbase into publicly traded stock. In a Thursday filing with the […]
The seemingly unstoppable rise of Bitcoin continued Tuesday with the cost of a single unit of the digital currency rising above $50,000 for the first time. The price of Bitcoin has risen almost 200% in the last three months and its volatility was on display Tuesday. After rising above $50,600, it fell back to $48,674 […]
North Korea has modernized its nuclear weapons and ballistic missiles by flaunting United Nations sanctions, using cyberattacks to help finance its programs and continuing to seek material and technology overseas for its arsenal, U.N. experts said. The panel of experts monitoring sanctions on the Northeast Asian nation said in a report sent to Security Council […]
With tech putting its best foot forward when it comes to battling the pandemic, the fight for widespread vaccination is another battlefront that has also commenced and is in it’s prime right now. For the battle of widespread immunizations, U.K. National Health Services (NHS) have taped blockchain tech as part of their arsenal against COVID-19. […]
Iran’s capital and major cities plunged into darkness in recent weeks as rolling outages left millions without electricity for hours. Traffic lights died. Offices went dark. Online classes stopped. With toxic smog blanketing Tehran skies and the country buckling under the pandemic and other mounting crises, social media has been rife with speculation. Soon, fingers […]
First it went through $20,000. Then 10 days later, it broke through $25,000, and then, with barely taking a breath, it crossed $30,000. Now only a few days into 2021, the price of bitcoin has crossed $40,000. Nothing’s new with the digital currency in the month since it crossed $20,000 — there’s been no major […]
The world is becoming more and more digital as time passes, with finance services championing this transformation, especially with the increasing demand of contactless digital payments swooping in, as the global Covid-19 pandemic magnifies our need for them. Many central banks around the world are looking to create their own digital currencies (CBDC) to spearhead […]
Imagine yourself as a bank executive, competing against a global, multi-service, low-cost, digital bank; customers checking their accounts via smartphones, paying bills or transferring money with a swipe of finger. An AI-powered engine allows them to play around with their ETF portfolios with absolutely no fees, or cross-border payments. Take a moment to consider facing […]