Cryptocurrency Analysis and News Portal
We often talk about central banks creating fiat money. In fact, most fiat money is not created by central banks but by commercial banks. Furthermore, not all of the banks that create and hold fiat money are regulated banks. Many are what we know as “shadow banks.” In the cryptocurrency
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When it comes to the energy- and capital-intensive process of mining cryptocurrency, people tend to think of China, where about 65% of global hash power is located.But like many other closely observed metrics in crypto, American hashrate is a number that seems to be on the cusp of significant increase. Crypto
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Lawyers of embattled former NFL player and investor Reginald Fowler have filed a motion to withdraw as his representative counsel. Source
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Reginald Fowler, the ex-Minnesota Vikings owner accused by U.S. prosecutors of running a cryptocurrency “shadow bank,” stashed funds over a global network of bank accounts, according to a filing today. Prosecutors say the funds are subject to forfeiture. Source
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How the myth-making around Satoshi reinforces what makes bitcoin unique in the landscape of global monies. On Wednesday, a batch of coins mined just a month after bitcoin’s birth were moved. It was the first time since August 2017 that any bitcoin from early 2009 had been transferred, and the action
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With the recent coronavirus spread and its overall effect on the global economy, some people believe the powers that be are preparing
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Mt. Gox’s creditors will meet today, March 25, as part of a compensation process that seems to go on and on. This news comes at a unique time: amid a pandemic and with the world on the brink of economic crisis. It calls to mind again the 2014 collapse
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Raid: Shadow Legends is a mobile RPG with an infamously aggressive marketing strategy. The developers claimed on Twitter that they do not sponsor YouTubers… and that all of their shout-outs have been unpaid. This is easily one of the stupidest lies you’ve ever seen. It’s hard to find a
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According to a report released on Feb. 5, a mobile software application that was devised to help calculate the total number of votes in the Iowa Democratic caucus reportedly malfunctioned, resulting in the Democratic Party having to delay its public reporting of last Monday’s results. It was also revealed
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Crypto Capital co-founder Reginald Fowler has rejected a plea deal with the US government in an ongoing case in which he is accused of operating a “shadow bank” for several crypto exchanges. Fowler was indicted in April 2019, along with Israeli national Ravid Yosef, for allegedly running a shadow bank for several
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