Here’s Where Grassroots Crypto Adoption Is Highest
BanksterCrime: by Tyler Durden Of 154 countries analyzed by blockchain data platform Chainalysis, India ranks the highest in grassroots crypto adoption by far. While countries with higher purchasing power would naturally score better when looking at transaction volumes, according to Chainalysis…
SEC Chief Unleashes Fury On Crypto Industry, Says It’s ‘Rife With Fraud’–US Gov. Won’t Let Crypto Success Play Out
BanksterCrime: Gary Gensler, the chairman of the US Securities and Exchange Commission, continues to express deep concerns about the cryptocurrency sector and its lack of regulatory oversight. In an interview, Gensler once again criticized cryptocurrencies’ decentralized nature, making it a…
Cryptocurrencies Are the Next Frontier for the Surveillance State
Countries are launching digital currencies to rival Bitcoin—and opening up new ways to snoop on their citizens in the process. ILLUSTRATION BY DANIEL ZENDER At first, it might have sounded like manna from heaven. Chinese authorities announced they would be…
IRS Classifies Crypto Staking Rewards As Taxable Income Upon Receipt
BanksterCrime: The Internal Revenue Service (IRS) has recently issued a ruling stating that United States cryptocurrency investors who receive rewards from staking services are required to include the value of those rewards in their gross income. On July 31, 2023,…
U.S. SEC Sues Richard Heart, Hex, and PulseChain on Unregistered Securities and Fraud Allegations Heart Raised Over $1 Billion Across Three Different Unregistered Securities Offerings, the SEC Alleged
BanksterCrime: The U.S. Securities and Exchange Commission (SEC) sued internet marketer Richard Schueler, known online as Richard Heart, and his projects Hex, PulseChain and PulseX, alleging he raised over $1 billion across three different unregistered securities offerings beginning in 2019….
SEC v. Coinbase: Judge Questions SEC’s Ability to Protect Investors
Judge Katherine Polk Faila of the U.S. District Court for the Southern District of New York recently held a pre-motion conference regarding the Securities and Exchange Commission’s (SEC) lawsuit against Coinbase. In their lawsuit filed in early June 2023, the regulator claims…
Elon Musk ChatGPT Challenger Triggers Surge In AI-Backed Cryptocurrencies
Elon Musk recently introduced an artificial intelligence venture called xAI, aimed at revolutionizing the field of AI. This announcement has sparked a notable surge in the value of cryptocurrency tokens associated with AI. In an intriguing move, xAI has been…
The End Of Money? BlackRock CEO Claims Crypto Will Surpass Traditional Currencies Worldwide–Be Careful With BlackRock!
In an interview with CNBC, BlackRock CEO Larry Fink discussed the potential of crypto as an international asset that can transcend the value of traditional currencies. Fink noted the recent depreciation of the US dollar and the appreciation of the…
Ex-Celsius CEO Arrested On Fraud Charges, Bankrupt Crypto Firm Sued By SEC
The U.S. SEC filed a lawsuit against the bankrupt crypto lender on July 13 followed by news reports about the arrest of the former CEO Alex Mashinsky. The SEC alleges that Celsius and Mashinsky “misrepresented Celsius’s central business model and…
Bitcoin Faces Backlash: Bank Of England Governor Expresses Disapproval–Satan Soldiers Will Never Agree to Cryptocurrencies–There Going to be a War
Bitcoin and other cryptocurrencies have long been a subject of debate and scrutiny within the financial world. Bank of England Governor Andrew Bailey recently added his voice to the conversation, expressing skepticism about their status as true currencies. In a…