On October 5, 2020, the SEC alleged that McAfee and Watson promoted ICO investments on Twitter without disclosing that they were paid for them. Source: https://cointelegraph.com/news/sec-dismisses-claims-against-john-mcafee-fines-accomplice-for-ico-promo
Month: July 2022
Itau Unibanco Mulls Offering Crypto Services, Opens Tokenization Unit in Brazil – News Bitcoin News
Itaú Unibanco, one of the largest holding companies in Brazil, has announced it is considering offering cryptocurrency trading services to its customers. The company informed that it will also offer tokenization services through a digital assets unit, that will allow customers to issue tokens backed by real-world assets, acting as a platform to facilitate their trading. Itaú Unibanco Adds…
How to identify and avoid a crypto pump-and-dump scheme?
Educating oneself about the crypto ecosystem is crucial for investors to pursue during a bear market while awaiting a bull cycle. That being said, having a good understanding of crypto investment entails keeping an eye out for fraudulent projects that threaten to drain assets overnight, a.k.a. pump-and-dump schemes. Pump-and-dump in crypto is an orchestrated fraud that involves misleading investors into…
The EU moves to regulate the crypto-asset market
On the last day of June, the European Union reached an agreement on how to regulate the crypto-asset industry, giving the green light to Markets in Crypto-Assets (MiCA), the EU’s main legislative proposal to oversee the industry in its 27 member countries. A day earlier, on June 29, lawmakers in the member states of the European Parliament had already passed…
Bitcoin Mining Doesn’t Need To Make Money – Bitcoin Magazine
This is an opinion editorial by Mickey Koss, a West Point graduate with a degree in economics. He spent four years in the infantry before transitioning to the Finance Corps. I’ve heard some recycled fear, uncertainty and doubt recently about transaction fees on the Bitcoin network not being able to sustain the miners, and thus maintain security once the block…
Share of Adult Population with a Bank Account Now 76% — 1.4 Billion Adults Still Unbanked – Featured Bitcoin News
Between 2011 and 2021, the share of the world’s adult population that had bank accounts rose from 51% to 76%, the findings of the latest World Bank Global Financial Index survey have shown. About 1.4 billion adults are, however, still unbanked, not having the money or the identification required for opening a bank account. Mobile Money Narrows Financial Exclusion Gap…
How Web3 could democratize donations
A merge between crypto and philanthropy is already underway as decentralized autonomous organizations (DAO) and nonfungible token artists alike fundraise and donate crypto to nonprofits. But what does the age-old institution of philanthropy have to learn from emerging technologies in the crypto space? Additionally, what does crypto have to offer philanthropy that could improve the sector generally? Crypto offers the…
Bit2Me to onboard 100k blocked crypto investors from 2gether exchange
Following a recent agreement between the two crypto exchanges, Bit2Me announced plans to onboard 2gether’s 100,000 crypto investors, who were recently blocked from trading due to the exchange’s inability to operate amid unfavorable market conditions. On July 10, Spanish cryptocurrency trading platform 2gether shut down its free trading services, citing its inability to justify its related operational costs due to…
Spanish Crypto Exchange Bit2me to Rescue 2gether Customers After Account Block – Exchanges Bitcoin News
Bit2me, a Spanish cryptocurrency exchange, is looking to absorb customers of 2gether, another Spanish exchange, after the company blocked access to its trading platform. Bit2me will pay the €20 fee that 2gether imposed on its customers to continue trading on its platform. The customers will be able to keep trading on Bit2me’s platform, having their assets transferred there. Bit2me…
Multisignature For The Nontechnical Bitcoiner – Bitcoin Magazine
This is an opinion editorial by Mickey Koss, a West Point graduate with a degree in economics. He spent four years in the infantry before transitioning to the Finance Corps. My family was nervous to hold our own keys. It’s a huge, intimidating responsibility, leading to procrastination. After watching a few BTC Sessions videos, however, we finally decided it was…