years

Ransomware Payments in 2021 Already Dwarf Last Year’s Total, FinCEN Reports

Ransomware Payments in 2021 Already Dwarf Last Year’s Total, FinCEN Reports

“We have seen an aggressive sustained effort on ransomware the last few weeks from the administration that started even before the Suex designation,” Redbord, a former Treasury official, told CoinDesk in a statement. “We are rightfully seeing the most focus on hardening cyber defenses, and when it comes to crypto, we are seeing Treasury, DOJ, …

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Six years on, this is how Ethereum is REALLY faring on these counts

Six years on, this is how Ethereum is REALLY faring on these counts

$12, $205, $450, $208, $330, $2350 The figures are not random prices. They are Ethereum’s 30 July market valuations since the year 2015. Yes, the Ethereum network went live six years ago and since then, the aforementioned date has been celebrated as the world’s largest alt’s birthday. Just like other networks, the Ethereum network too …

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SEC issues no-action letter in response to digital asset securities questions

SEC files insider trading charges years after iced tea company’s 2017 blockchain ‘pivot’

A now-infamous “pivot” from iced tea to blockchain tech that sent a publicly-traded company’s stock soaring has years later resulted in insider trading charges against three individuals. The Securities and Exchange Commission went public with its lawsuit on Friday, according to a press release, alleging that Eric Watson, Oliver-Barret Lindsay and Gannon Giguiere engaged in …

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California man sentenced to two years in prison for operating a bitcoin transmission business

California man sentenced to two years in prison for operating a bitcoin transmission business

Kais Mohammad, a 37-year-old man from Yorba Linda, California, was sentenced to two years in federal prison for allegedly illegally operating a bitcoin-based money transmission business, according to a release from the U.S. Department of Justice.  Court records suggest that Mohammad, a compliance-trained former bank employee, operated his business “Herocoin” from 2014 to 2019, where …

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100 years down the line, 'what will be a greater scam - Dollar or Dogecoin?'

100 years down the line, ‘what will be a greater scam – Dollar or Dogecoin?’

It took Neil Armstrong more than three days just to reach the moon and when he later described his experience, he said, “One small step for [a] man, one giant leap for mankind.” Evidently, the Doge community on earth has been talking about going “to the moon” for quite some time now.  Chalking out their …

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Bitcoin mining chipmaker TSMC to invest $100 billion over three years to grow its capacity

Bitcoin mining chipmaker TSMC to invest $100 billion over three years to grow its capacity

Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest contract chipmaker that counts the world’s bitcoin hardware designers among its clientele, plans to invest $100 billion over the next three years to grow its capacity. “TSMC expects to invest USD$100b over the next three years to increase capacity to support the manufacturing and R&D of advanced …

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Crypto Growth

Online Markets Crypto Expects Significant Growth within 2 Years

Cryptocurrency’s following is growing by the day. More people are beginning to understand what crypto is really all about and how it can benefit the everyday person on the street. The more prominen Cryptocurrency’s following is growing by the day. More people are beginning to understand what crypto is really all about and how …

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Goldman Expects Digital Yuan to Reach 1B Users in 10 Years

Goldman Expects Digital Yuan to Reach 1B Users in 10 Years

The digital yuan, China’s planned national virtual currency, would account for 15% of total consumption payments in ten years, helping commercial banks gain more ground from fintech companies, according to a Nov. 17 Goldman Sachs report shared with CoinDesk. The Digital Currency Electronic Payment (DC/EP) could be a more attractive alternative to existing digital payment …

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