Crypto life

SEC has brought three new charges in the $30 million ICO fraud case against Boaz Manor and Edith Pardo, 18 months after the first charges. The Securities and Exchange Commission (SEC) has brought charges against three additional defendants in its ongoing case against ex-con Boaz Manor and his business associate Edith Pardo for raising $30…

Paraguay joins a growing fraction of Bitcoin believers in Latin America, as emerging markets worldwide could be the next big frontier for cryptocurrency usage and mining. The South American country is set to unveil a crypto bill following Bitcoin’s success story in El Salvador, said Carlitos Antonio Rejala Helman, a deputy of the Nation and…

Non-fungible tokens (NFTs) have hyped the art market and adjacent industries this year, but their extreme volatility makes it still too early to say on the future of NFT.  According to one of the earliest crypto pioneers, Fred Ehrsam, most of NFTs in the market might lose their value in a few years. In an…

It might seem hyper-bullish, but there is real reason to believe such an ascension in price could occur, writes Nik Hoffman in Bitcoin Magazine. Bitcoin will experience three halvings this decade, the first in 2020, the second in 2024 and the third in 2028. Counting the 2020 halving that already occurred last year, Bitcoin has…

Another decentralized finance (DeFi) protocol suffered a collapse in token value. The IRON Titanium Token, or TITAN, backed by billionaire Mark Cuban fell from over $60 to zero dollars on June 16 morning. Cuban has claimed he ‘got hit like everyone else’ after the token crash. The DeFi Titanium token in one day has dropped…

Central bankers are trying to reduce fears that their efforts to develop digital currencies (CBDC) might take business away from commercial banks. Benoit Coeure, the head of the Bank for International Settlement’s Innovation Hub, said in Stockholm on Wednesday that commercial lenders should consider central bank digital currencies (CBDC)  “as an opportunity that will enable…