Home » Tag Archives: money

Tag Archives: money

Money is Moving From Tokens Back to BTC

Throughout May and June, even during bear markets and strong downward movements, tokens performed relatively well against bitcoin. So far, in July, bitcoin has proven its dominance through a stable performance against the US dollar. Why Bitcoin is King, For Now Over the past three months, tokens have had a solid basis to increase in volume and price, mainly due ...

Read More »

LocalBitcoins Trader ‘Bitcoin Maven’ Sentenced to Prison for Money Laundering

LocalBitcoins trader Theresa Lynn Tetley, better known as the “Bitcoin Maven,” has been sentenced to 12 months and a day in prison, a $20,000 fine, and three years supervision after release for laundering bitcoin as proceeds of narcotics sales and for her role in running an illegal bitcoin-for-cash exchange, according to the U.S. Attorney’s Office for the Central District of California. ...

Read More »

Crypto Exchanges in South Korea Meet New Requirements, New Money to Come

The South Korea Blockchain Association has approved 12 crypto exchanges including Bithumb and UPbit over the past week, of having adequate security measures and internal management systems in place. Various local publications reported that Bithumb, UPbit, Gopax, OKCoin Korea, Korbit, Coineone, CoinZest, CPDAXX, HanbitKor, Huobi Korea, and NeoFrame, and DexKor were approved by the South Korea Blockchain Association, an institution ...

Read More »

More Money, No Problems for the NHS and Local Government as Digitisation Brings the Two Together

The government will make available an additional £394 million every week for the NHS, with the aim being to cut waste, improve survival rates for cancer patients and deliver better mental health services. The extra money will certainly boost service provision, but to effectively meet these targets, the NHS needs to embrace digital technologies, and fast. The latest research shows ...

Read More »

The Most Feasible ICO Project in the Remittance and Money Exchange Industry

This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. Market problems Nowadays, along with the spread of globalization, the exchange between nations on trade, investment, education, tourism, etc. are blossoming. According to IMF, in 2017, the size of the cross-border remittance industry ...

Read More »

Which Cryptocurrency Is the Most Usable as Money?

It’s no secret that most mainstream economists don’t think too highly of cryptocurrencies. Not only have Bitcoin, Ethereum and the rest produced the “greatest bubble in history,” but they’re “neither a serious method of payment nor a good way to store capital” — at least according to the Bank of America and Nouriel “Dr Doom” Roubini, respectively. However, while traditional ...

Read More »

‘Everyone Is Smart Enough to Lose or Make Money’ in Crypto

This interview has been edited and condensed. Ameer Rosic, serial entrepreneur and founder of online blockchain hub Blockgeeks, goes into why he thinks investing in crypto should be open to the masses and what it will take to induce widespread blockchain adoption during an interview at this year’s BlockShow Europe 2018. Molly Jane: First off, how did you get interested ...

Read More »

Cryptocurrency Money Laundering Is a Booming Industry Despite Lack of Anonymity

Numerous connections have been drawn between cryptocurrency and money laundering. It is a worrisome trend, yet one that seemingly will not end anytime soon. A new report by CipherTrace shows that money laundering activity involving cryptocurrency will only continue to increase. Criminals Still Favor Cryptocurrency Proceeds On paper, there is no real benefit to relying on cryptocurrencies for laundering money ...

Read More »

BIS Chief Bashes Cryptocurrency Again in Scathing Review of Its ‘Failure’ as Money

The head of the Bank for International Settlements (BIS) continued the institution’s critical stance on cryptocurrency, saying it “cannot assume the functions of money,” BIS reports July 4. Speaking to Swiss newspaper Basler Zeitung last week, subsequently published by BIS itself, general manager Agustin Carstens cautioned “young people” against “trying to create money,” drawing comparisons to Bitcoin mining. “Those who ...

Read More »