The Islamic Revolutionary Guard Corps has a secret channel of funding cut off by Israel Israel revealed on Tuesday that it had successfully confiscated a substantial amount of cryptocurrency, worth millions of dollars, from both the notorious Islamic Revolutionary Guard Corps (IRGC) Al-Quds Force and the terrorist organization Hezbollah. The IRGC’s elite division, known as
Pressure in the US has forced the company to seek expansion opportunities elsewhere Coinbase’s legal woes with the US Securities and Exchange Commission (SEC) may be making waves at the moment. Still, it’s important to note that other US cryptocurrency companies have faced similar regulatory criticisms. Gemini, for instance, faced a significant SEC enforcement action
Despite resistance, cryptocurrency continues to advance as a fiat alternative A hospital in Rio Grande do Sul has entered the history of Brazil by becoming the first to accept Bitcoin (BTC) as a means of payment. The hospital in question is the Rolling Hospital Foundation (FHR), which released the news last week. With this, Bitcoin
Despite the presence of federal and state financial watchdogs, financial fraud continues The US Attorney’s Office for the Northern District of California has revealed that William Koo Ichioka, operator of Ichioka Ventures, is set to confess to several federal crimes associated with duping investors through a scam related to cryptocurrencies and other assets. This serves
The license could help advance Ripple’s plans for a financial transaction platform through crypto Ripple, a blockchain company, announced on Thursday that it has been given the green light to operate its payments platform in Singapore. This is uplifting news for the cryptocurrency industry globally, especially with the strict regulations in the US. Ripple has
The US government is finally taking crypto oversight seriously, but not for the betterment of the space The cryptocurrency market in the US is currently showing a greater sensitivity towards regulation rather than toward crypto collapses, as witnessed in the past few weeks. This is despite the fact that the regulatory bodies are exerting their
MasterCard has submitted a patent application for a new crypto payments solution MasterCard, the payment processing giant that competes with Visa, has demonstrated its unwavering interest in cryptocurrency since it first launched. The latest support comes through a patent application for gadgets connected to blockchain technology and cryptocurrencies. Patent attorney Mike Kondoudis recently notified users
Despite a lack of crypto clarity in the US, digital currencies are still gaining momentum Ethereum (ETH) developers are considering a significant increase in the current limit due to the surge in waiting time and the high demand for activating the Ethereum validator node. The current recommendation is to move the validator limit from 32
The US reportedly holds over $5 billion in Bitcoin, despite its opposition to digital currencies Forbes has reported that the US Treasury currently holds the biggest government-owned stockpile of Bitcoins in the world, with a value of $5 billion, equating to 207,189 Bitcoins. A recent study, exclusively obtained by Forbes, revealed that, unlike other countries
While not considered legal tender, crypto earns a spot in the consumer market The Brazilian government finally chose the entity that will regulate the cryptocurrency industry, the Central Bank of Brazil. A decree signed by President Luiz Inácio Lula da Silva certified the validity of the law that will regulate the crypto market and the
Some crypto insiders believe the securities watchdog is only stalling and doesn’t have an answer Despite recently going on the attack against cryptocurrency companies, the Securities and Exchange Commission (SEC) apparently doesn’t have a solid reason why. Coinbase had requested more guidance and clarity on the principles of the SEC’s new asset class laws via
The investment platform is going to delist the tokens, but open positions are safe eToro, the Israel-based investment platform, is going to delist several cryptocurrency tokens. In a tweet this week, it announced that its cryptocurrency offering for US customers will undergo adjustments, with four tokens to be removed as of yesterday, June 12. The
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