The investigation into the Russia-based crypto pyramid Finiko is growing with law enforcement officials in Samara region announcing they have launched eight criminal cases against Finiko associates. Authorities are also working to identify more victims of the Ponzi scheme, Russia’s largest in recent years. Finiko Members Under Investigation in Samara, Russia The Russian Ministry of…
The year 2020 may well go down as the year when blockchain technology and cryptocurrencies, in particular, gained mainstream recognition. The restrictions on movement, as well as the widespread fear of catching a virus, forced many to look for alternative ways of making payments or sending remittances. This search for an alternative inevitably led many…
Anthony Scaramucci, CEO of Skybridge Capital, a multi-asset class investment firm, says he thinks the institutional investment boom in cryptocurrencies has been greatly exaggerated. In an interview given to Bloomberg last week, Scaramucci stated that most institutions are still not interested in cryptocurrency as an investment and that only 10% are actively investing in crypto.…
Jamie Dimon, the CEO of one of the biggest financial institutions of the world, JPMorgan, has once again let the world know about his stance on bitcoin and cryptocurrencies. Dimon stated that whoever borrowed money to purchase bitcoin was, in his opinion, a “fool.” However, his personal opinion has not clashed with the fact that…
PRESS RELEASE. AscendEX, a global digital asset trading platform, is thrilled to announce the listing of the Refinable token (FINE) under the pair USDT/FINE on Sept. 28 at 1 p.m. UTC. Refinable is an interactive, multi-chain capable NFT marketplace with a one-stop solution to create, discover, trade, and leverage NFTs for brands and creators. Refinable…
The beauty behind cryptocurrency networks like Bitcoin is the fact that anyone can participate in the field of crypto mining. In fact, two siblings explained in a recent interview that they rake in more than $30K per month mining digital assets. Kid Duo Captures $30K a Month Mining Digital Currencies A 14- and 9-year-old brother…
