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According to the National Consumer Commission, about 4,000 South Africans who invested in a bitcoin mining equipment supplier, Obelisk, may have participated in a pyramid scheme. The commission said participants in the pyramid scheme may have lost as much as over $6 million. Obelisk Used Social Media Platforms to Lure
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Bloomberg Intelligence’s senior commodity strategist says bitcoin “may be entering an inexorable phase of its migration into the mainstream.” In addition, the cryptocurrency may also “be entering unstoppable maturation stage,” the strategist added, expecting the price of bitcoin to continue to rise over time. Bitcoin’s ‘Unstoppable Maturation Stage’ Bloomberg Intelligence’s senior commodity
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Place/Date: - October 22nd, 2022 at 9:34 am UTC · 4 min read Source: Snowfall Protocol There are many ways to invest your savings, and since we know how cruel the market can get, we always go for something that is not just secure but also offers
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By Marcus Sotiriou, Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK). As Bitcoin continues to crab sideways, Fidelity Digital Assets prove their optimism about the long term prospects
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Biggs joined the Alan Howard-backed 1kx after a two-year stint at Valour. Source
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El Salvador, which became the first nation to make Bitcoin (BTC) a legal tender in September last year, is currently focused on building a Bitcoin City. There have been several delays and disruptions in the plans since its announcement last year owing to the bear market-led investment drought and geo-political
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The funding round was co-led by Accel and Quona Capital with participation from Jump Capital and Elevation Capital. Original Source
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“Becoming an IIROC dealer and member of IIROC, it gives clients the security that they’re dealing with an intermediary, a securities dealer, with all the sorts of protections and oversight that they’re familiar with when they trade traditional assets,” Prokopy said. “And, heretofore, that has not been the case.” Original Source
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“The UAE, and broader [Gulf Cooperation Council], is a market of significant strategic importance to our business, and we are excited about the opportunity this market opens to us,” Sherif El-Haddad, who joined the firm in August as Middle East head, said in a statement. Original Source
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The South Korea-based crypto investment firm failed to make a payment on a $3.4 million loan to TrueFi, a decentralized lending protocol. Original Source
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