Cryto Currency – THE OVAL CIRCLE

Crypto lender Genesis about to go bust – Bloomberg

Posted on January 24, 2023January 24, 2023By Editor

The collapse of the FTX exchange has sent shockwaves across the industry as clients demand their money. … Read More >Crypto lender Genesis about to go bust – Bloomberg

Business

‘Billions’ lost through hacks of crypto lending platforms

Posted on November 19, 2021November 19, 2021By Editor

New research by blockchain analytics firm Elliptic showed that fraud and theft at decentralized finance platforms have led to $10.5 billion in losses so far this year. … Read More >‘Billions’ lost through hacks of crypto lending platforms

Business

Russia is not ready to recognize cryptocurrencies – Kremlin

Posted on September 15, 2021September 15, 2021By Editor

Russia is not ready to recognize bitcoin or other cryptocurrencies, because equating cryptocurrency with money would harm the country’s financial system, Dmitry Peskov, the press secretary of the Russian president, has said. … Read More >Russia is not ready to recognize cryptocurrencies – Kremlin

Business

China’s digital yuan could replace bitcoin & end US dollar hegemony

Posted on June 3, 2020June 3, 2020By Editor

The Chinese sovereign digital currency, which may be offered to the public next year, is projected to replace paper money. Analysts say it may even shift the global balance of economic power. … Read More >China’s digital yuan could replace bitcoin & end US dollar hegemony

USA

US kills Telegram cryptocurrency to maintain dollar dominance as Durov concedes defeat in ‘battle of generation’

Posted on May 13, 2020May 13, 2020By Editor

Telegram has been forced to abandon its cryptocurrency initiative, with its founder Pavel Durov blasting the US for seeking to crush any attempt at decentralization in order to maintain its global financial dominance. … Read More >US kills Telegram cryptocurrency to maintain dollar dominance as Durov concedes defeat in ‘battle of generation’

Business

Crypto worthless? 99% of all digital coins will go to zero, Ripple CEO predicts

Posted on November 6, 2019November 6, 2019By Editor

The real problem with digital assets is that “historically there was a lot of hype in the crypto ecosystem,” Ripple CEO Brad Garlinghouse told Bloomberg. He said most cryptocurrencies will probably become worthless in the future. … Read More >Crypto worthless? 99% of all digital coins will go to zero, Ripple CEO predicts

Business

Carney’s Green Crypto Currency: Precursor to a Financial Meltdown

Posted on November 1, 2019November 1, 2019By Editor

The momentum pushing for the overhaul of the financial system from its current disorderly state of unbounded speculation (amounting to over $1.5 quadrillion of derivatives) … Read More >Carney’s Green Crypto Currency: Precursor to a Financial Meltdown

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