FinCEN, the U.S. Financial Crimes Enforcement Network, linked more than $5 billion in bitcoin transactions to the most common ransomware variants out there. The organization stated in a report issued last week that the mean average total monthly suspicious amount of ransomware transactions was $66.4 million during the first two quarters of 2021. FinCEN also […]

Part 1 — Blockchain 101 Welcome the BLOCKCHAIN What is Blockchain? Never like in the few years we have come across this term, and it suscitates both curiosities (covered in a layer of mystery) and, to certain extents, concern for a technology that yet, many struggles to comprehend. Although become mainstream in recent years, it is worth […]

Part 2 — Blockchain 101 In the previous part, we had a broad view of blockchain technology and how it is structured. We identified the key, core elements that make the blockchain such an interesting technology and so disruptive for so many fields, for its potential use cases and transparency. One, and perhaps the most important core […]

Part 3 — Blockchain 101 Trust is the core element of the Blockchain, making it such a valuable technology From the previous chapters, we got acquainted with some of the key elements the blockchain bases itself upon, and indeed are disruptive in terms of the approaching modern-day transfer of “value” issues: TRANSPARENCY: each block of data is connected […]

Part 4 — Blockchain 101 We now learnt that Blockchain is a distributed decentralized network that provides immutability, privacy, security, and transparency. There is no central authority present to validate and verify the transactions, yet every transaction in the Blockchain is considered to be completely secured and verified. In the previous articles, we learnt how transactions are […]

Microstrategy CEO Michael Saylor has suggested Nigeria and Zimbabwe issue currencies that are backed by bitcoin if they want to fix their economies. He surmised that using the bitcoin standard will end starvation and allow citizens of both countries to have a decent life. National Currencies Backed by Bitcoin In a video clip where he […]

PRESS RELEASE. The Floor NFT’s are fresh, hand-drawn, non-PFP (Profile Picture), artistic collectibles on the Ethereum Blockchain, crafted with love by DAHR in his pleasing cartoonish art style. Only 7777 provably rare artworks were generated from 150 traits/attributes in order to gather together a first-ever NFT condominium community. The Floor NFT spawned from the idea […]

Registered investment advisors (RIAs) with about $110 trillion under management can now offer their clients cryptocurrency trading through Interactive Brokers. RIAs manage portfolios of almost 61 million clients. Registered Investment Advisors Can Now Offer Cryptocurrencies to Clients Global investment firm Interactive Brokers Group (Nasdaq: IBKR) announced Monday the launch of cryptocurrency trading for registered investment […]

New York Attorney General Letitia James has ordered two cryptocurrency lending platforms to shut down and requested three other platforms to answer questions regarding their activities immediately. The letters to the companies published on the attorney general’s website indicate that the two platforms are Nexo and Celsius Network. New York Cracks Down on Unregistered Crypto […]

Grayscale Investments has confirmed its plan to file for its bitcoin trust (GBTC) to be converted into a bitcoin exchange-traded fund (ETF). “The NYSE Arca will file a document called the 19b-4 to convert GBTC into an ETF,” said Grayscale’s official. GBTC to Become Bitcoin ETF Grayscale Investments has confirmed that it will convert its […]