Cryptocurrency – Page 5 – THE OVAL CIRCLE

Major Russian bank gets ready to launch its own cryptocurrency by spring

Posted on January 24, 2021January 24, 2021By Editor

Russia’s largest lender, Sberbank, has applied to the national financial regulator to set up a blockchain platform for its own digital token called Sbercoin. The project may be launched as early as this spring. … Read More >Major Russian bank gets ready to launch its own cryptocurrency by spring

Bitcoin sell-off wipes out $100 billion from crypto market in just two days

Posted on January 21, 2021January 21, 2021By Editor

The total market value of all cryptocurrencies has lost about $100 billion over the past 48 hours, after the world’s top digital asset, bitcoin, slumped around 10 percent as crypto fever cooled off. … Read More >Bitcoin sell-off wipes out $100 billion from crypto market in just two days

Russia

Crypto-hitmen: Russian cybercrime investigation team reveals contract killers are being paid in Bitcoin

Posted on January 17, 2021January 17, 2021By Editor

Russian killers-for-hire are increasingly being paid with cryptocurrency, believing that the relative anonymity granted by digital money and electronic wallets means that they can more easily get away with their crimes. … Read More >Crypto-hitmen: Russian cybercrime investigation team reveals contract killers are being paid in Bitcoin

Cryptocurrencies lose almost $200 BILLION in 24 hours as bitcoin plummets

Posted on January 12, 2021January 12, 2021By Editor

Bitcoin and other digital coins tumbled on Monday, wiping some $190 billion from the entire cryptocurrency market. The sell-off could signal some profit-taking by investors, experts say. … Read More >Cryptocurrencies lose almost $200 BILLION in 24 hours as bitcoin plummets

We Are Going 100% Digital: Maduro Reveals Plan to Save Venezuela’s Economy From Hyperinflation

Posted on January 4, 2021January 4, 2021By Editor

Caracas issued a cryptocurrency called the Petro in 2018, in hopes of introducing a digital payment method to circumvent US sanctions, with the token’s value to be backed by the country’s natural resources and its price tied to the price of a barrel of a Venezuelan oil. … Read More >We Are Going 100% Digital: Maduro Reveals Plan to Save Venezuela’s Economy From Hyperinflation

USA

US Cryptocurrency Creator Faces Criminal Tax Evasion Charges

Posted on December 10, 2020December 10, 2020By Editor

The United States has unsealed an indictment against Amir Elmaani, who created the cryptocurrency Oyster Pearl, for tax evasion, the Justice Department said. … Read More >US Cryptocurrency Creator Faces Criminal Tax Evasion Charges