Stock Groups

Jared Kushner is a bitcoin and crypto fan, Mnuchin emails show

Steven Mnuchin, U.S. Treasury Secretary, is left, U.S. president Donald Trump, Jared Kushner, senior White House advisor, listens during a bilateral meeting with SaadHariri, Lebanon’s prime minister, which was not photographed at the White House, Washington, D.C. Zach Gibson | Bloomberg | Getty Images Recent documents reveal that a former president Donald Trump’s trusted senior […]

Stock Groups

Crypto scams are the top threat to investors ‘by far,’ say regulators

The biggest threat for investors is the investment in digital assets and cryptocurrencies. according to new dataThe North American Securities Administrators Association, (NASAA) “Stories about crypto millionaires attracted investors to invest in crypto or crypto-related investments. With them, many stories from those who lost big started appearing and will continue to do so in 2022,” […]

Stock Groups

Fintech start-up MX names new CEO as firm prepares for sale or IPO

Shane Evans, interim chief executive officer of Fintech Platform MX. Courtesy: MX Fintech start-up MXCNBC reports that Shane Evans has been named interim CEO of the company as it prepares to go public or sell. According to the company, Evans is taking over the role of chief revenue officer at the Utah-based start up. MX […]

Stock Groups

Bitcoin (BTC) price slumps to 3-month low

Chukrut Budrul/SOPA Images/LightRocket via Getty Images BitcoinDue to concerns about tightening U.S.monetary policy and an outage in Kazakhstan (the second largest bitcoin mining country), the stock market plunged to a three month low on Thursday. Just after 9 PM, bitcoin’s price fell to $41,222.41. According to Coin Metrics data, the bitcoin price fell to $41,222.41 […]

Stock Groups

Goldman-backed digital bank Starling boycotts Meta over scam ads

A smartphone showing the Facebook logo and Instagram logos with the Meta Platforms logo as the background. SOPA Images | SOPA Images | LightRocket | Getty Images LONDON — British digital bank Starling says it is boycotting FacebookMeta parent company for its inability to combat fraudulent financial ads Starling CEO Anne Boden said that Starling […]

Stock Groups

Kazakhstan bitcoin mining shuts down amid fatal protests

Kazakh police officers gather on a square to protest the rise in LPG prices following the lifting of price caps for liquefied petroleum gases in Almaty (Kazakhstan), January 5, 2022. Reuters| Reuters The internet went down this week as the chaos in Kazakhstan, a Central Asian country, erupted. bitcoinMining hub is yet another win for […]

Stock Groups

Crypto scammers took a record $14 billion in 2021: Chainalysis

Getty Images| iStock Editorial | Getty Images Due to the growth of Decentralized Finance (DeFi), scammers were able to take home an unprecedented $14 billion worth of cryptocurrency in 2021. According to Chainalysis, a blockchain analytics company. Due to an increase in scams and theft, crypto-related crime losses rose by 79% compared to one year […]

Stock Groups

Top predictions for crypto in 2022, from bitcoin crash to regulation

Vertigo3d – iStock & Getty Images| iStock | Getty Images Crypto crash According to some experts, bitcoin could see a rapid decline in the coming months. Bitcoin reached an all-time high of $69,000 in November. Now, it’s below $50,000. This is almost 30% down from the peak. Bear markets can be defined as any decline […]

Stock Groups

Cash grab or innovation? The video game world is divided over NFTs

One gamer plays Watch Dogs Legion with a PS4 controller. Kenzo Tribouillard | AFP via Getty Images Gamers tend to be skeptical. As an example, 2017, Electronic ArtsFace huge backlashOver a decision by Star Wars Battlefront II to charge players for certain characters. These content is usually not accessible to players without them having to […]