Cryptocurrency

Are You Too Late To Bitcoin?

Hal Finney predicted that bitcoin could become the global dominant payment system at $10 million per coin (Finney’s calculation would be closer to $40 million today), so it’s not too late to start using bitcoin.

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Crypto Transactions Virtual Assets To Come Under Money Laundering Act

Crypto Transactions, Virtual Assets To Come Under Money Laundering Act

The finance ministry today announced that cryptocurrency transactions would now come under the ambit of money laundering provisions. In a notification, the government said that participation in transactions involving virtual digital assets would be under the Prevention of Money Laundering Act (PMLA). The move is the latest step taken by

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Alert — If You Trade Crypto On Binance Consider Yourself Warned

Alert — If You Trade Crypto On Binance, Consider Yourself Warned

Late last year, as crypto markets were struggling to regain their footing, the world’s biggest cryptocurrency exchange quietly moved $1.8 billion of collateral meant to back its customers’ stablecoins, putting the assets to other undisclosed uses. They did this without informing their customers. According to blockchain data examined by Forbes,

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