Tag #Cryptocurrency

Showing 169 to 180 of 594 results

forbes.com

🌐 85% Global Worthiness

Mar 28, 01:14

Revolut Disrupts European Crypto Market with Ultra-Low-Fee App

Revolut launched a new zero-spread, 9 basis point fee crypto app, Revolut X, in the UK and Europe on March 25th, aiming to increase market share by undercutting competitors like Binance, Coinbase, and PayPal, whose fees range from 80 to 150 basis points; Revolut's average active customer trades 10x ...

Revolut Disrupts European Crypto Market with Ultra-Low-Fee App

Revolut launched a new zero-spread, 9 basis point fee crypto app, Revolut X, in the UK and Europe on March 25th, aiming to increase market share by undercutting competitors like Binance, Coinbase, and PayPal, whose fees range from 80 to 150 basis points; Revolut's average active customer trades 10x ...

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What is the immediate impact of Revolut's new zero-spread, low-fee crypto trading app on the European cryptocurrency market?

Revolut, a European fintech firm, launched a dedicated crypto app, Revolut X, charging only a 9 basis point fee, significantly undercutting competitors like PayPal (150 basis points) and Coinbase (143 basis points). This zero-spread pricing model aims to boost trading volume and user engagement, prioritizing market share over immediate profitability.

forbes.com

🌐 90% Global Worthiness

Mar 27, 19:22

ICE to Explore Integrating Circle's Stablecoins

Intercontinental Exchange (ICE) will explore integrating Circle's stablecoins, USDC and USYC, into its trading and clearing operations, aiming to develop new markets and products, driven by the stablecoin market's $214 billion valuation and $35 trillion annual transfer volume by February, and ongoin...

ICE to Explore Integrating Circle's Stablecoins

Intercontinental Exchange (ICE) will explore integrating Circle's stablecoins, USDC and USYC, into its trading and clearing operations, aiming to develop new markets and products, driven by the stablecoin market's $214 billion valuation and $35 trillion annual transfer volume by February, and ongoin...

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How might the integration of stablecoins into ICE's infrastructure impact the existing financial system, particularly in terms of cross-border payments and capital markets?

ICE's exploration of stablecoin integration reflects the growing acceptance of digital currencies in traditional finance. The massive transaction volume handled by stablecoins, surpassing even Visa's throughput, highlights their potential to revolutionize cross-border payments and capital markets. This initiative is further fueled by legislative efforts in the U.S. to provide a clear regulatory framework for stablecoins, potentially solidifying the U.S. dollar's global dominance.

bbc.com

🌐 85% Global Worthiness

Mar 27, 19:22

Fake Xanax Gang Leader Jailed for Eight Years

Brian Pitts, a 30-year-old gang leader based in a luxury Thailand villa, was jailed for eight years for a \$4 million fake Xanax operation spanning 2018-2019 across the West Midlands, UK, involving up to 11 million tablets sold via the dark web and shipped to the USA.

Fake Xanax Gang Leader Jailed for Eight Years

Brian Pitts, a 30-year-old gang leader based in a luxury Thailand villa, was jailed for eight years for a \$4 million fake Xanax operation spanning 2018-2019 across the West Midlands, UK, involving up to 11 million tablets sold via the dark web and shipped to the USA.

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Good Health and Well-being

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How did the gang's use of technology and international connections facilitate the drug operation?

The gang's actions highlight the ease with which counterfeit drugs can be produced and distributed through online platforms. The use of cryptocurrency facilitated anonymous transactions, hindering law enforcement efforts. The significant profit margin and widespread distribution across the UK and US underscore the severity of the health risk posed by such operations.

abcnews.go.com

🌐 85% Global Worthiness

Mar 26, 01:15

Trump Expands Crypto Empire Amid Ethical Concerns

President Trump's crypto empire expands with a new dollar-backed stablecoin and crypto ETFs, potentially boosting his wealth while raising ethical concerns, amid congressional support for stablecoin regulation.

Trump Expands Crypto Empire Amid Ethical Concerns

President Trump's crypto empire expands with a new dollar-backed stablecoin and crypto ETFs, potentially boosting his wealth while raising ethical concerns, amid congressional support for stablecoin regulation.

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How do President Trump's cryptocurrency endeavors relate to existing ethics agreements, and what are the potential conflicts of interest?

Trump's actions demonstrate a convergence of his personal financial interests and his political influence, exemplified by the timing of the stablecoin launch coinciding with congressional efforts to support the industry. His promotion of his meme coin on Truth Social also highlights this conflict.

theglobeandmail.com

🌐 85% Global Worthiness

Mar 25, 19:18

Trump's World Liberty Launches USD1 Stablecoin

Donald Trump's World Liberty Financial launched USD1, a dollar-pegged stablecoin fully backed by U.S. Treasuries and cash equivalents, aiming to facilitate cross-border transactions for institutions after raising $550 million from $WLFI sales; it will be held in custody by BitGo and launched on Ethe...

Trump's World Liberty Launches USD1 Stablecoin

Donald Trump's World Liberty Financial launched USD1, a dollar-pegged stablecoin fully backed by U.S. Treasuries and cash equivalents, aiming to facilitate cross-border transactions for institutions after raising $550 million from $WLFI sales; it will be held in custody by BitGo and launched on Ethe...

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How might USD1's backing by U.S. Treasuries affect its stability and adoption compared to other stablecoins?

USD1's entry into the $237 billion stablecoin market, dominated by Tether and USDC, presents significant competition. Its backing by U.S. Treasuries is intended to provide stability and attract institutional investors, though its success depends on adoption and overcoming the challenges of establishing a robust ecosystem. The involvement of Donald Trump adds political and ethical complexities.

forbes.com

🌐 75% Global Worthiness

Mar 25, 13:11

Low Hashprice Masks Bitcoin Mining Industry Challenges Amidst Trump's Crypto Ambitions

President Trump's March 2025 declaration to make America the Bitcoin superpower coincides with a historically low Hashprice of $48/PH/s, a 1.4% rise in mining difficulty, and reduced miner rewards due to the April 2024 halving and low transaction fees, forcing miners to adapt and innovate.

Low Hashprice Masks Bitcoin Mining Industry Challenges Amidst Trump's Crypto Ambitions

President Trump's March 2025 declaration to make America the Bitcoin superpower coincides with a historically low Hashprice of $48/PH/s, a 1.4% rise in mining difficulty, and reduced miner rewards due to the April 2024 halving and low transaction fees, forcing miners to adapt and innovate.

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Decent Work and Economic Growth

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How are countries like El Salvador and Pakistan approaching Bitcoin mining differently, and what are the potential implications of their strategies?

The recent Bitcoin halving, coupled with stagnant Bitcoin prices and low transaction fees, has significantly reduced miners' revenue. This is forcing miners to adapt, with some, like Braiins, exploring heat reuse for alternative revenue streams, and others shutting down operations due to losses. Meanwhile, countries like El Salvador are demonstrating sustainable mining models using geothermal energy.",

cincodias.elpais.com

🌐 75% Global Worthiness

Mar 28, 10:11

Cryptocurrency Guru Teaches Legal Tax Avoidance in Madrid

Mani Thawani, a Spanish cryptocurrency influencer, held an event in Madrid teaching attendees legal tax avoidance strategies, using offshore structures and managing lifestyle expectations to avoid tax scrutiny, raising concerns about promoting high-risk investments.

Cryptocurrency Guru Teaches Legal Tax Avoidance in Madrid

Mani Thawani, a Spanish cryptocurrency influencer, held an event in Madrid teaching attendees legal tax avoidance strategies, using offshore structures and managing lifestyle expectations to avoid tax scrutiny, raising concerns about promoting high-risk investments.

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How does Thawani's background and the methods he promotes impact the financial literacy and investment decisions of his predominantly young audience?

Thawani's event, attended by hundreds, showcased methods for minimizing tax burdens through offshore structures and minimizing apparent wealth. A lawyer, David García, provided advice on forming foreign companies and managing lifestyle expectations to avoid tax scrutiny.

forbes.com

🌐 85% Global Worthiness

Mar 27, 19:22

Sam Bankman-Fried Transferred to Federal Transfer Center After FTX Fraud Conviction

Disgraced FTX founder Sam Bankman-Fried was transferred from a New York City detention center to a federal transfer center, currently serving a 25-year sentence for fraud and money laundering related to the collapse of his cryptocurrency exchange, FTX, and ordered to pay \$11 billion in forfeiture.

Sam Bankman-Fried Transferred to Federal Transfer Center After FTX Fraud Conviction

Disgraced FTX founder Sam Bankman-Fried was transferred from a New York City detention center to a federal transfer center, currently serving a 25-year sentence for fraud and money laundering related to the collapse of his cryptocurrency exchange, FTX, and ordered to pay \$11 billion in forfeiture.

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What broader implications does Bankman-Fried's case have for the cryptocurrency industry and regulatory oversight?

Bankman-Fried's transfer to a federal transfer center is a significant development in the aftermath of his high-profile fraud case. His previous \$26.5 billion net worth has now dwindled to zero, highlighting the drastic consequences of his criminal actions. The case underscores the risks associated with the cryptocurrency market and the potential for financial malfeasance.

forbes.com

🌐 85% Global Worthiness

Mar 27, 16:16

Trump's Return Fuels Bitcoin and XRP Surge

Following Donald Trump's return to the White House, Bitcoin and Ripple's XRP surged, with Bitcoin gaining almost 40% and XRP increasing by 300% in the last six months, driven by Trump's pro-crypto stance, the resolution of the SEC's lawsuit against Ripple, and anticipation of XRP ETFs.

Trump's Return Fuels Bitcoin and XRP Surge

Following Donald Trump's return to the White House, Bitcoin and Ripple's XRP surged, with Bitcoin gaining almost 40% and XRP increasing by 300% in the last six months, driven by Trump's pro-crypto stance, the resolution of the SEC's lawsuit against Ripple, and anticipation of XRP ETFs.

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How did the SEC's legal battle with Ripple and its subsequent resolution contribute to the recent price surge in XRP?

The price surge in Bitcoin and XRP is linked to Donald Trump's pro-crypto policies. Trump's executive order calling for a U.S. crypto stockpile, including XRP, and the SEC's withdrawal of its lawsuit against Ripple, have boosted investor confidence. The potential for XRP ETFs further amplifies this upward trend.

smh.com.au

🌐 85% Global Worthiness

Mar 25, 22:11

Trump's Crypto Empire Expands Amid Ethical Concerns

President Donald Trump's crypto empire is expanding with a new dollar-backed stablecoin, investment funds, and his continued promotion of his meme coin, raising concerns about conflicts of interest and potential market manipulation.

Trump's Crypto Empire Expands Amid Ethical Concerns

President Donald Trump's crypto empire is expanding with a new dollar-backed stablecoin, investment funds, and his continued promotion of his meme coin, raising concerns about conflicts of interest and potential market manipulation.

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How do President Trump's actions influence the ongoing debate surrounding stablecoin regulation and the potential risks associated with these digital assets?

Trump's actions demonstrate a pattern of leveraging his political position to boost his cryptocurrency-related ventures. His promotion of World Liberty Financial's stablecoin and his own meme coin, along with the launch of crypto-focused ETFs through Trump Media, suggests a deliberate strategy for financial gain. The timing of these announcements coincides with Congressional efforts to create a more favorable regulatory environment for stablecoins, raising further questions about potential influence peddling.

bbc.com

🌐 75% Global Worthiness

Mar 25, 10:12

Zambian Bitcoin Mine Powers Rural Electrification

A bitcoin mine in rural Zambia utilizes excess hydroelectric power, creating a profitable venture for a Kenyan company while significantly boosting the local power plant's revenue and providing electricity to a previously underserved community.

Zambian Bitcoin Mine Powers Rural Electrification

A bitcoin mine in rural Zambia utilizes excess hydroelectric power, creating a profitable venture for a Kenyan company while significantly boosting the local power plant's revenue and providing electricity to a previously underserved community.

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Affordable and Clean Energy

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What are the economic and social impacts of the bitcoin mine on the local community in Zengamina, Zambia?

The bitcoin mine's partnership with the Zengamina hydroelectric plant demonstrates a unique model of sustainable energy use in a remote area. By utilizing excess energy, the mine provides a substantial revenue stream for the plant, enabling it to lower electricity prices for the local community and expand its services. This model contrasts with concerns about bitcoin mining's energy consumption in other regions.

forbes.com

🌐 85% Global Worthiness

Mar 24, 16:10

StilachiRAT Malware Targets Google Chrome Users

Microsoft's incident response team revealed StilachiRAT, a sophisticated malware targeting Google Chrome users, stealing cryptocurrency wallet extensions and credentials by exploiting vulnerabilities and hiding within Windows Services.

StilachiRAT Malware Targets Google Chrome Users

Microsoft's incident response team revealed StilachiRAT, a sophisticated malware targeting Google Chrome users, stealing cryptocurrency wallet extensions and credentials by exploiting vulnerabilities and hiding within Windows Services.

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No Poverty

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What immediate actions should Chrome users take to mitigate the risk posed by StilachiRAT?

Microsoft warned about StilachiRAT, a malware targeting Google Chrome users to steal cryptocurrency wallet extensions and credentials. The malware evades detection, persists in systems, and exfiltrates data, impacting users of various crypto wallets like MetaMask and Trust Wallet.

Showing 169 to 180 of 594 results