Crypto

Brazilian police have asked courts to freeze the crypto holdings of suspected electronics-trading fraudsters as part of a “mega operation.”The Brazilian media outlet Livecoins reported that officers took part in an operation codenamed Spin-Off.The operation involves the Federal Police and the Receita Federal (the Special Department of Federal Revenue).Officers raided…

On August 18, an unexpected event in the Bitcoin mining space took everyone by surprise. A lone miner, not backed by massive computational power, claimed the full reward of 6.25 Bitcoin for solving block 803,821. In simple terms, the miner earned about $160,000, minus a 2% fee retained by the mining…

The Russian Central Bank says it plans to begin classifying the digital ruble, the nation’s CBDC, as a “high-quality liquid asset” (HQLA), and will likely eventually oblige banks in the country to follow suit.Central banks typically classify assets such as fiat cash, central bank reserves, and government bonds issued by…

Industry insiders claim Argentina is experiencing a rise in stablecoin buying as black market dollar market prices spiral upward.Per Globo, the nation is in the grips of the “worst political crisis in 21 years,” with hyperinflation eating up the value of the fiat peso.Last week, Bloomberg reported:“The official [dollar exchange]…

Co-founder and managing partner at Blockchain Capital, Bart Stephens, has taken legal action against an unidentified hacker who allegedly stole $6.3 million worth of cryptocurrencies from his digital wallets, Forbes reported. Stephens claims Jane Doe exploited a SIM-swap vulnerability, manipulating personal information sourced from the dark web to bypass security protocols…

© 2024 Finances Smart. All Rights Reserved.