Peter Schiff ignites outrage by claiming that the U.S. becoming a bitcoin superpower would weaken the nation, clashing with crypto advocates championing it as an economic game-changer. Peter Schiff Faces Crypto Uproar Over Bitcoin Superpower Weakness Assertion Economist and outspoken bitcoin critic Peter Schiff has stirred fresh controversy with his critique of President-elect Donald Trump’s […]
Russia’s foreign trade is defying Western sanctions, with rising imports, resilient transaction systems, and projected economic growth outpacing stagnating Western economies. Western Sanctions Meet Resistance as Russia’s Trade Surges Russian Finance Minister Anton Siluanov has claimed that Western sanctions will not hinder Russia’s foreign trade. Speaking in an interview with Nailya Asker-Zade on the Rossiya-24 […]
Trump declared 47th US president, JPMorgan CEO claims World War III has begun, Global Dollar Network launches, and more in this Week in Review. Week in Review Donald Trump has been declared the 47th U.S. president. JPMorgan CEO Jamie Dimon warns that World War III may have started, citing unprecedented global risks. In fintech, a […]
JPMorgan CEO Jamie Dimon has warned that World War III may have begun, citing extraordinary, unprecedented risks from escalating conflicts and alliances threatening global stability. The World on Edge: JPMorgan CEO Jamie Dimon Reveals Dark Scenarios Unfolding Jamie Dimon, CEO of JPMorgan Chase, has voiced significant worries about escalating geopolitical threats, calling global tensions the […]
Just in time for Halloween, Stephen Mollah, a British-Asian macroeconomist claiming to be the elusive Satoshi Nakamoto, made a fresh attempt to validate his identity through a recent press conference. However, despite his efforts, Mollah’s attempt at proof didn’t land as he may have hoped. Press Conference by the So-Called ‘Satoshi’ Falls Flat Stephen Mollah […]
According to an exclusive report by the Wall Street Journal, the U.S. federal government is allegedly examining the cryptocurrency and stablecoin company Tether for potential breaches of sanctions and anti-money-laundering regulations, according to unnamed sources close to the investigation. This criminal probe, reported by the Journal’s Angus Berwick, Vivian Salama, and Ben Foldy is said […]
U.S. Senator Bill Hagerty has warned of growing efforts by BRICS nations to bypass the U.S. dollar’s dominance but argued this could ultimately strengthen the status of the dollar as the world’s reserve currency. He emphasized the need for a regulatory framework to boost demand for U.S. treasuries and stablecoins, while his stablecoin legislation aims […]
The BRICS summit, not the U.S. presidential election, will be the defining event of global history, a Russian official claims. With BRICS expanding and 65% of its transactions now in national currencies, they argue the world is shifting away from U.S. dominance toward sovereign partnerships. “I believe that in 2024 the vector of human development […]
The Sui Foundation has denied allegations that its employees or insiders from Mysten Labs sold $ 400 million worth of SUI tokens. The foundation also rejected claims that insiders were involved in preemptive selling or violating token lockup agreements. Sui Insiders Dumping on Retail Investors Allegations The Sui Foundation has dismissed claims that its …
Ripple’s CEO has intensified criticism of the U.S. Securities and Exchange Commission (SEC), accusing the agency of ignoring a court ruling that XRP is not a security and overstepping its legal bounds. His remarks came after Bitnomial Exchange filed a lawsuit against the SEC, disputing the regulator’s authority over XRP futures. The case adds to […]
The Ohio Bureau of Criminal Investigation’s new Electronic Fraud Investigations unit has recovered $ 130,000 from a cryptocurrency scam in its first victory. The unit was established to address the growing complexity of cyber financial crimes, particularly those involving cryptocurrency. Ohio’s New Fraud Unit Recovers $ 130K From Crypto Scam Ohio Attorney General …
Crypto.com has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC), challenging the regulator’s authority over the sale of digital assets on secondary markets. The lawsuit, filed in the United States District Court for the Eastern District of Texas, alleges that the SEC is unlawfully extending its jurisdiction to include most digital tokens […]
According to a Politico report, a new HBO documentary claims to have cracked the mystery behind Bitcoin’s elusive creator, Satoshi Nakamoto. If this revelation gains traction, Politico’s Izabella Kaminska stated it could send ripples through global financial markets. Kaminska further reported the HBO doc was directed by Emmy-nominated filmmaker Cullen Hoback, who is known for […]
The Bank of Russia has explained that the launch of the digital ruble, the Russian CBDC, will not affect the state’s mechanisms to control inflation or the amount of money issued. The institution clarified that the new currency does not pose risks to the country’s financial stability, and will not change the functions of the […]
The U.S. Securities and Exchange Commission (SEC) announced settled charges against crypto companies Trusttoken Inc. and Truecoin LLC. The charges allege fraudulent misrepresentations and unregistered sales of investment contracts related to the stablecoin trueusd (TUSD). U.S. Securities Regulator Charges Crypto Companies Trusttoken and Truecoin According to the SEC’s complaint released on Tuesday, Truecoin and Trusttoken […]