Prita Ghozie

Crypto Mixer Boss Gets 3 Years in Prison

A US court sentenced a crypto mixer operator to three years in jail. This is part of a larger crackdown on crypto mixers, which are often used for illegal activities like money laundering and funding hacks. Helix Founder’s Downfall Larry Harmon, the founder of the crypto mixer Helix, is the latest to face the music….

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30,000% Crypto Gains? One Trader Thinks So

A well-known Bitcoin trader, who famously predicted a huge XRP price jump in 2017, is making waves again. This time, they’re forecasting a massive return for a new project: ETFSwap (ETFS). XRP Price Predictions The trader correctly predicted XRP would surge to $3.80 in 2017. Now, they believe XRP could hit $1.50 before the end…

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Bitcoin’s Price: A Temporary Pause?

Bitcoin’s recent price surge was incredible – a 38% jump in less than ten days! But after hitting record highs, things have calmed down a bit. Let’s look at what’s happening. Miners Are Selling Data shows that Bitcoin miners, including one from way back in 2010, have been selling off a significant chunk of their…

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Could Bitcoin Solve America’s Debt Problem?

Big names in crypto are pushing for the US government to buy a massive amount of Bitcoin. They believe it could be a game-changer for the national debt. A Bitcoin Reserve: The Saylor & Lummis Plan Michael Saylor, CEO of MicroStrategy (a company that’s heavily invested in Bitcoin), and Senator Cynthia Lummis are leading the…

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Algorithmic Trading: 5 Compliance Headaches

Algorithmic trading (algo trading) is revolutionizing financial markets, offering speed and efficiency unmatched by human traders. But this cutting-edge technology brings significant compliance challenges for institutional investors. AI and machine learning are driving this efficiency, but regulators are struggling to keep pace. While the allure of speed, precision, and cost savings is strong, institutions need…

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Debit Card Security Breach Prompts Mass Card Replacements at Six US Banks

Six US banks have announced a potential security breach affecting their debit cards, leading to mandatory replacements for many customers. The breach originated from a third-party merchant’s payment processing system. The Banks Involved and Their Responses The affected banks include Mainstreet Bank, Savers Bank, The Village Bank, Watertown Savings Bank, Webster Five Cents Savings Bank,…

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Binance Adds New Stablecoin Token to Launchpool

Binance, the world’s biggest crypto exchange, is adding a new token to its Launchpool. This Launchpool project, number 61, is for USUAL, the native token of a decentralized stablecoin issuer. What is USUAL? USUAL is different from other stablecoin companies like Tether and Circle. It aims to share its profits with users, unlike those other…

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Bitcoin’s Price Dip: What’s the Deal?

Bitcoin’s price took a bit of a tumble, and trading volume dropped significantly – about 27%! What does this mean for Bitcoin’s future? Let’s dive in. A Big Price and Volume Drop According to CoinMarketCap, Bitcoin’s daily trading volume plummeted to $85.89 billion, a massive 26.46% decrease. At the same time, the price dipped below…

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