The US Treasury is asking for your input on how to implement the new GENIUS Act, a law designed to regulate stablecoins. This follows a previous request for ideas on spotting illegal activity related to stablecoins. What’s the GENIUS Act? The GENIUS Act (Guiding and Establishing National Innovation for US Stablecoins) aims to create rules…
A California man is heading to prison for nearly four years after defrauding the Small Business Administration (SBA). The Scheme Abraham Park, CEO of a California financial services company, orchestrated a massive loan scam. Between 2020 and 2022, he submitted over 120 fake loan applications to the SBA’s Economic Injury Disaster Loan (EIDL) program, totaling…
Bitcoin got a temporary boost last week after the Federal Reserve announced an interest rate cut. The price briefly soared, almost hitting $118,000 – a monthly high! But the party didn’t last. The Price Dip By the next day, the price had fallen back to around $115,500. So, is this the beginning of a major…
Bitcoin got a temporary boost last week after the Federal Reserve announced an interest rate cut. The price briefly soared, almost hitting $118,000 – a monthly high! But the party didn’t last. The Price Dip By the next day, the price had fallen back to around $115,500. So, is this the beginning of a major…
X (formerly Twitter) just busted a ring of crypto scammers trying to bribe their employees! These scammers had their accounts suspended for running scams, and they tried to get them back by paying off X staff. A Bribery Scheme Linked to a Major Cybercrime Group X’s Global Government Affairs team announced that suspended accounts involved…
X (formerly Twitter) just busted a ring of crypto scammers trying to bribe their employees! These scammers had their accounts suspended for running scams, and they tried to get them back by paying off X staff. A Bribery Scheme Linked to a Major Cybercrime Group X’s Global Government Affairs team announced that suspended accounts involved…
Poland’s Warsaw Stock Exchange (GPW) just launched its first Bitcoin ETF, making it easier for Polish investors to get in on the Bitcoin action without dealing directly with the cryptocurrency itself. How it Works The new Bitcoin BETA ETF, managed by AgioFunds TFI SA, uses Bitcoin futures contracts traded on the Chicago Mercantile Exchange (CME)…
Poland’s Warsaw Stock Exchange (GPW) just launched its first Bitcoin ETF, making it easier for Polish investors to get in on the Bitcoin action without dealing directly with the cryptocurrency itself. How it Works The new Bitcoin BETA ETF, managed by AgioFunds TFI SA, uses Bitcoin futures contracts traded on the Chicago Mercantile Exchange (CME)…
Dogecoin has been pretty quiet this week, and the weekend looks to be more of the same. A machine learning model suggests things will stay relatively calm. Muted Movement Expected The short-term forecast (five days) predicts only a small dip in Dogecoin’s price. We’re talking less than 2% – it should stay above $0.26. This…
Dogecoin has been pretty quiet this week, and the weekend looks to be more of the same. A machine learning model suggests things will stay relatively calm. Muted Movement Expected The short-term forecast (five days) predicts only a small dip in Dogecoin’s price. We’re talking less than 2% – it should stay above $0.26. This…
