July 2022 / 86 posts found
Bitcoin Learning Center and Crypto Wisdom Merger to Form Crypto Learning Center in Northern Michigan
Bitcoin Elk Rapids, Michigan, now has a crypto learning center in which people can attend in-person classes or online classes to learn about crypto and digital assets. Northern Michigan based, Crypto Wisdom, launches in-person classes and online learning website. The in-person classes will be held at 204 River Street in downtown Elk Rapids starting in September 2022. In the meantime, people can visit their website at CryptoWisdom.com to learn about blockchain, cryptocurrency and fintech. Bitcoin and cryptocurrencies has caught the attention of countless investors seeking to diversify their portfolios into alternative asset classes. Andy LaPointe, who is leading CryptoWisdom.com brings […]
UK Jeweler Sues Insurer Over Failure to Cover $7.5M Bitcoin Ransomware Losses
British multinational jeweler Graff Diamonds Corp. has filed a lawsuit against its insurer, The Travelers Companies, Inc. (Travelers), for failing to provide indemnity after it paid $7.5 million in Bitcoin to ransomware hackers. Graff Sues Insurer Over $7.5M BTC Ransom Loss According to a Bloomberg report on Wednesday, Graff’s security systems were exploited by the notorious Russian hacking gang Conti in September 2021. The breach allowed the group to access data belonging to “high-end” customers, including U.S. former President Donald Trump and the royal families in Saudi Arabia, UAE, and Qatar. After the attack, Conti published 69,000 documents containing the […]
Tether Liquidated its Loan With Celsius Network Without Losses, Admits it Has an Investment in the Lending Platform
Bitcoin Summary: Tether has released a statement explaining how it liquidated its loan with Celsius Network. According to Tether, the loan was liquidated without losses to the company and according to an agreement by both entities. The loan was denominated in Bitcoin, with some estimates putting its value at $1 Billion. Tether, the company behind the largest stablecoin in terms of market cap, USDT, has released a statement explaining how it liquidated a loan that Celsius Network took out. Bitcoin Tether Liquidated Celsius’ Loan Without Losses. According to the team at Tether, the liquidation ‘was carried out in a way […]
The Middle East Could Adopt Bitcoin Soon – Serbian Monarch
Summary: Filip Karadjordjevic surmised that Bitcoin might experience adoption by a Middle Eastern country sooner than you think. The Hereditary Prince of Serbia and Yugoslavia shared his theory on a recent podcast. Karadjordjevic believes that BTC is perfect for some Arab states since they operate with Sharia law. Digital assets are increasingly popular in the Middle East, per a Chainlysis report. Jurisdictions like Dubai have set up their own crypto licensing structures. Platforms like Binance and FTX receive approval to operate in the United Arab Emirates. The Hereditary Prince of Serbia and Yugoslavia, Filip Karadjordjevic, believes that Bitcoin could see […]
How your favorite celebrities and hucksters cheated the cryptocurrency movement
Cryptocurrency The last couple of months have been pretty deflating for many cryptocurrency enthusiasts. If you know someone who’s been all in on the cryptocurrency front in recent years, you’ve likely seen them go silent (or, at least, quieter) as the crypto market has tanked lately. But the pain hasn’t been distributed equally. Since May, more than $700 billion has been lost as the values of cryptocurrencies have plunged. And a survey from Ariel Investments and Charles Schwab found those losses were felt disproportionately by Black investors. It’s easy to see why cryptocurrencies might appeal to many Black people — or anyone else […]
Crypto Markets Add $60 Billion Daily as Bitcoin Saw 3-Week High Above $22K (Market Watch)
Bitcoin continued to gradually increase in value in the past 24 hours and charted a three-week high above $22,000. Most altcoins are also well in the green, with ETH reclaiming $1,200 and XRP spiking by 7%. Bitcoin’s New Local Peak Ever since the untypically calm weekend, in which bitcoin stood primarily around $19,000 without any significant moves in either direction, things have been going well for the asset. As the US national holiday (July 4) was coming to its end, the cryptocurrency started to gain value gradually. It firstly neared $20,000, challenged it, and ultimately broke above it as reported. […]
Bitcoin Maintains $20K, Ethereum Soared to 9-Day High (Market Watch)
Bitcoin Despite the recent volatility, bitcoin has managed to sustain above the coveted $20,000 line. Most altcoins are also slightly in the green today, with ETH spiking towards a near 10-day high at $1,200. Bitcoin Bitcoin Sustains Above $20K Last week ended on a highly volatile note in which bitcoin skyrocketed by over $2,000 in minutes to just under $21,000. However, that turned out to be a fake breakout as the cryptocurrency retraced just as quickly. Following such enhanced price fluctuations, the asset calmed at around $19,000 when the weekend came, and given the fact that July 4 was the […]
Alexander Vinnik Faces U.S. Justice After French Prison Release
By Mark Hunter 4 hours agoThu Jul 07 2022 08:40:24 Reading Time: 2 minutes Alexander Vinnik faces deportation to the U.S. after being released early from his French prison stay Vinnik is wanted by both Russia and the U.S. over various financial crimes Vinnik’s exchange, BTC-e, laundered thousands of stolen Mt. Gox bitcoin Alexander Vinnik has been released from a French prison after serving just one of the five years to which he was sentenced for money laundering, but his joy may be short lived as U.S. authorities want him to face charges there. Vinnik was sentenced to the term […]