An Ontario teenager has been arrested after allegedly stealing $46 million from one person in a massive cryptocurrency scam in the United States. Hamilton police announced the arrest on Wednesday after a joint investigation with the Federal Bureau of Investigations (FBI) and the United States Secret Service Electronic Crimes Task Force that began in March Continue Reading…
Financial services for cryptocurrency holders have been growing as a subset of the fintech industry for years. Now, crypto 401(k)s are entering the mix. A small 401(k) provider called ForUsAll is now allowing participants to allocate up to 5% of their retirement funds into cryptocurrency. The offering includes 50 different crypto assets including bitcoin, which Continue Reading…
The dramatic rise of cryptocurrency has led to some spouses using digital currency to hide money during divorce settlements. Here’s how experts find it. This content was originally published here.
Nvidia is taking a long-awaited step in its efforts to prevent its GeForce video cards from being commandeered for cryptocurrency mining: The company announced Thursday that it is releasing a line of products designed specifically for mining (and nothing else), while using software to limit the efficiency of mining operations on its upcoming RTX 3060. Continue Reading…
WhatsApp has launched a cryptocurrency payment feature for a small number of users in the United States, thanks to Novi integration, a digital wallet owned by Facebook (now Meta). The pilot program lets users of the encrypted messaging app send and receive money “instantly, securely, and with no fees” using the Paxos Dollar (USPD) stablecoin, Continue Reading…
Meek Mill is an investor of Dogecoin, a popular cryptocurrency. The rapper, has 92,411 DOGE in his portfolio, which roughly exchanges for $53,000 as of reporting this story, Hype Beast reported. The inspiration for Mill’s decision stems from the notion he is missing out on great investments.”I just grabbed some doge I’m tired of missing Continue Reading…
The world of cryptocurrency can feel a lot like the Wild West. Its origins are as shaky as its rise has been shady. The buzz started with Bitcoin: A computerized algorithm generates a digital token of exchange that’s registered on a public database (i.e a blockchain). Supporters thought because it was decentralized—not under governmental control—it Continue Reading…
Bank of England Governor Andrew Bailey issued a stark warning to those investing in cryptocurrencies: “Buy them only if you’re prepared to lose all your money.”‘ This content was originally published here.
Jack Dorsey, founder and CEO of Square, has changed the name of his company from Square to Block as it changed the focus of the business to cryptocurrencies. This content was originally published here.
DYOR, or do your own research, is a concept I think every investor should know about. It’s as close to a golden rule as anything in the world of crypto, but it applies more even broadly to anything you’re planning to invest in, from Bitcoin and bonds to stablecoins and stocks. Earlier this week, the Continue Reading…
