Search results for "cryptocurrency"

Shiba Inu passes Dogecoin as top "dog" in cryptocurrency

Cryptocurrency has officially gone to the dogs. The recent trading frenzy over a digital token called Shiba Inu — commonly billed as a “meme” or joke coin — has vaulted the canine-themed cryptocurrency into the top ten most valuable digital assets by market value, hitting $40 billion and surpassing its cousin and apparent inspiration, Dogecoin. […]

UK upholds Europe’s cryptocurrency empire in 2020-2021

In one year, the United Kingdom has set the stage for its drastic growth in the cryptocurrency movement among all European countries. The Land of the Rose’s fascination with blockchain technology resulted in more than $170 billion in received value, according to a Chainalysis report. The report revealed that the Central, Northern, and Western divisions of Europe […]

Far-right cryptocurrency follows ideology across borders

The Daily Stormer website advocates for the white race, posts hate-filled, conspiratorial screeds against Blacks, Jews and women and has helped inspire at least three racially motivated murders. It has also made its founder, Andrew Anglin, a millionaire. Anglin has tapped a worldwide network of supporters to take in at least 112 Bitcoin since January […]

China outlaws all cryptocurrency transactions, Bitcoin value yields

The People’s Bank of China doubled down on Friday its crackdown on all cryptocurrency mining and trading activities by instituting its latest regulation prohibiting overseas cryptocurrency exchanges from accommodating to Chinese citizens under threat of criminal penalty, yielding Bitcoin value. China’s perception of decentralized currencies is not a thing of the past. As the first […]

Man gets over 7 years in prison in cryptocurrency scam

Man who pleaded guilty to securities fraud for cheating investors in his cryptocurrency fund of over $50 million was sentenced to over seven years in prison Wednesday by a judge who questioned the sincerity of his apology. U.S. District Judge Valerie E. Caproni in Manhattan imposed the 7 1/2-year sentence Wednesday on Stefan He Qin, […]

FACT FOCUS: Walmart quashes cryptocurrency partnership claim

Walmart denied any partnership with the digital currency Litecoin after a fake news release led to a brief flurry of inaccurate reports from national news outlets and social media users on Monday. A news release claiming a partnership between Walmart and Litecoin is “not real,” according to Walmart spokesperson Molly Blakeman. Charlie Lee, creator of […]

Billionaire John Paulson bets against cryptocurrency’s climb

Billionaire investor, John Paulson, is setting his bets against cryptocurrency, predicting the crypto market’s vacant financial fantasy is bound to collapse as it will “go to zero,” as he gives gold the knighthood of a “safe haven.”  Since digital coins are the desired novelty of this era, from the looks of it, cryptocurrency will stand its ground as […]

PayPal welcomes cryptocurrency service to the UK

PayPal announced on Monday that it will allow UK customers to buy, hold, and sell digital currencies, starting this week. The cryptocurrency world is growing by the second, prompting organizations around the globe, like PayPal, to take notice. However, there’s a trick to the equation. Initially, the online payments giant will introduce only Bitcoin, Ethereum, […]

Walmart is on the lookout for a cryptocurrency expert

Walmart is officially joining the cryptocurrency bandwagon. The popular American retailer posted on the company’s job listing a new position for a senior director to develop digital currency products, with the potential of including cryptocurrency payments.   If you’re still warming up to the idea of cryptocurrency disrupting our traditional means of finance, then you might be moving on a slower pace as an increasing number of Fortune 500 companies are beginning to work with the digital currencies.   Walmart’s move […]