Tag: Cryptocurrency
Estonian duo accused of $575m cryptocurrency scam
The men are accused of buying luxury cars after getting people to buy into fraudulent crypto mining. The post Estonian duo accused of $575m cryptocurrency scam appeared first on Rich TVX News Network.
FTX collapse: What's next for the cryptocurrency industry? | Counting the Cost
FTX has been considered one of the safest and most reliable exchanges of a freewheeling cryptocurrency industry, which wants to bring tokens into the financial mainstream. But Sam Bankman-Fried’s $32bn empire collapsed almost overnight, highlighting the extreme volatility of the virtual currencies. The downfall has sent shockwaves across the market and raised questions over its viability. He has apologised, but that has not helped more…
FTX: Cryptocurrency giant Binance walks away from bailout
Binance says it will not pursue a rescue deal with its smaller rival citing reports of ‘mishandled customer funds’. The post FTX: Cryptocurrency giant Binance walks away from bailout appeared first on Rich TVX News Network.
Cryptocurrency trading platform Coinbase announces larger than expected loss – BBC News
One of the world’s largest cryptocurrency trading platforms Coinbase has reported a larger than expected quarterly loss, as investors worried by the fall in the value of riskier assets move away from trading in cryptocurrencies. Coinbase says it expects trading volumes to fall further in the current quarter. Please subscribe HERE http://bit.ly/1rbfUog #Bitcoin #Cryptocurrency #BBCNews
Colombian entrepreneur creates cryptocurrency to cut export costs for selling bugs to Japan
Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube A Colombian entrepreneur exporting rhinoceros beetles to Japan has found a way to cut his business costs.The company, Tierra Viva, created the cryptocurrency Kmushicoin (KTV) in 2019 to avoid high commission costs on international sales. Around 220 retail businesses in the Colombian city of Tunja are currently accepting the digital currency as payment. Support us: https://subscribe.scmp.com…