The price of bitcoin fell more than 5% Wednesday as long-term holders took some of their profits a week after the cryptocurrency hit its all-time high. Bitcoin fell sharply at
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Zventus Set To Modernize Legacy Mortgage Processes With Blockchain
Business services provider Zventus has launched a blockchain lab for the financial services industry, specifically focused on modernizing the mortgage sector. The new Mortgage Blockchain Lab will focus on developing
Continue reading »Visa jumps into the NFT craze, buying a 'CryptoPunk' for $150,000
Visa said Monday it bought a "CryptoPunk," one of thousands of NFT-based digital avatars, for nearly $150,000 in ethereum. An NFT — which stands for non-fungible token — is a
Continue reading »Amazon is hiring a digital currency and blockchain expert, signaling a growing interest in cryptocurrency
Amazon's payments team is looking to hire a digital currency and blockchain expert, according to a recent job posting. The posting signals that Amazon may be taking a more serious
Continue reading »BlockFi Bitcoin Rewards Credit Card Now Available For US Waitlist Clients
Crypto Lending Firm Blockfi announced the availability of the highly anticipated BlockFi Rewards Visa Signature Credit Card to select approved US waitlist clients. BlockFi and its partners have begun offering
Continue reading »Swedish crypto scammer sentenced to 15 years in prison
The Department of Justice says 47-year-old Roger Nils-Jonas Karlsson has been sentenced to 15 years in prison for securities fraud, wire fraud and money laundering charges. The Swedish man defrauded
Continue reading »Cryptocurrency scam costs online dating user £20,000
Internet cons have surged in the Covid crisis, with some victims left with little recourse to recover cash In early May, James Evans* met a man on the dating app
Continue reading »Robinhood Fined $70 Million For Misleading Customers, System Outages
NEW YORK (AP) — Robinhood Financial will pay nearly $70 million to settle a wide range of allegations, including that it gave customers misleading information and improperly allowed some users
Continue reading »'Up until yesterday, I had been a millionaire': This 33-year-old dogecoin investor refuses to sell despite losing over $167,000 in one day
Glauber Contessoto says that he invested over $250,000 in dogecoin on Feb. 5 with a belief that he'd become a millionaire — and on April 15, he did. But on
Continue reading »David Heyman-Backed Palm NFT Studio Hires Vice Media Group’s Straith Schreder As Creative Director
Palm NFT Studio, whose founding partners include film producer and owner of Heyday Films, David Heyman, and the founder of leading art house publisher HENI Group, has named Straith Schreder
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