The founders of Tornado Cash, a cryptocurrency mixing service, are facing serious accusations of helping criminals launder money. The US Department of Justice (DOJ) claims they helped launder over $1 billion, including money stolen by notorious hackers like the Lazarus Group from North Korea. The DOJ’s Case Against Tornado Cash The DOJ argues that Tornado…
Good News for Bitcoin Bitcoin took a tumble last week, dropping below $60,000. But things are looking up! The crypto market has bounced back in the last day, fueled by positive news from the US economy. Jobs Report: A Positive Sign The US Bureau of Labor Statistics released its latest jobs report, showing a surprising…
Ethereum has been taking a hit lately, dropping over 10% in the past week. This follows a general downturn in the crypto market, fueled by things like the situation in the Middle East and investors pulling out of risky investments. While Ethereum has bounced back a little in the last day, there’s still a lot…
A woman in Atlanta is out $17,900 after falling victim to a scam involving both JPMorgan Chase and Wells Fargo. The Scam Marina Camplone received a call from someone claiming to be a Chase fraud representative. The scammer used the same phone number printed on the back of her debit card, making the call seem…
The US national debt just hit a new record, climbing over $800 billion in just three months. That’s a lot of money! Debt Spiral Threatens Americans Fidelity Investments, a giant financial firm, is sounding the alarm. They say this massive debt is a serious threat to our economy and our future. They’re worried that the…
Crypto analyst Justin Bennett thinks Bitcoin could skyrocket to $70,000, but only if it can break through a few key levels first. A Potential Path to $70,000 Bennett says if Bitcoin can climb back above $63,000-$64,000, it could be on its way to $70,000. He explains that this would mean overcoming a lot of “short”…
Big banks are in a fierce competition to attract new customers, and they’re using some serious cash incentives to do it. JPMorgan Chase Leads the Way with $900 Bonus JPMorgan Chase is offering the biggest bonus right now, giving new customers a whopping $900 if they open both a checking and a savings account and…
Bitcoin’s price has been stuck in a range this year, leaving many wondering if the bull run is over. While experts debate the future, some on-chain data offers a glimmer of hope. Whales Are Holding On CryptoQuant CEO Ki Young Ju has pointed out that Bitcoin whales (large investors) have taken less profit this cycle…
Bitcoin had a rough start to October, a month that’s usually good for the cryptocurrency. Geopolitical tensions in the Middle East are partly to blame. But some people still think Bitcoin will recover later this month. A Rocky Start October is historically Bitcoin’s best month, with an average gain of 21.2%. But this year, things…
Mark Cuban, the billionaire investor and crypto enthusiast, is not happy with the SEC’s approach to regulating the crypto industry. He believes the SEC’s crackdown is pushing companies overseas and ultimately harming the industry. “Regulation by Litigation” is a Disaster Cuban argues that the SEC’s “regulation by litigation” approach is causing more harm than good….
