March 16, 2025

cryptocurrency

Crypto

Kiwis turn to crypto over home ownership for financial freedom

New research conducted by Protocol Theory, in collaboration with New Zealand’s largest cryptocurrency exchange Easy Crypto, reveals an increasing interest among Kiwis in cryptocurrencies as an alternative means to achieve financial freedom and veer away from the traditional dream of home ownership. According to the findings, nearly half of New Zealanders have either invested in

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Crypto

Bakkt Reportedly Considering Sale of Crypto Platform

Digital asset marketplace Bakkt is reportedly considering putting itself up for sale. That’s according to a Friday (June 7) report from Bloomberg News, citing sources familiar with the matter. Those sources said Bakkt — which has a market value of around $300 million as of Friday — had been working with a financial adviser to

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Crypto

BNB token surge makes Binance’s Changpeng Zhao even richer in prison

The BNB token, a cryptocurrency linked to Binance and its incarcerated co-founder Changpeng Zhao, surged to a record high in the first week of his four-month jail sentence in the US.  Its rally underscores Zhao’s status as the richest person ever to do time in a US federal lock up. Zhao reported to a prison in California

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Crypto

BK DA Seizes 70 Domains Targeting Russian Community in Cryptocurrency Scam

More than 20 Brooklyn victims were scammed out of $1 million via Facebook ads. Brooklyn District Attorney Eric Gonzalez announced that the Virtual Currency Unit successfully disrupted a cryptocurrency scam operation that targeted members of the Russian community, incuding those in Brooklyn. The victims were lured into making what turned out to be bogus investments

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Crypto

Cryptocurrency: Mere dealing in cryptocurrency not an offence, says HC & grants bail to two | Cuttack News

Cuttack: The Orissa high court has ruled that mere dealing in cryptocurrency cannot be treated as illegal and hence cannot be treated as an offence under the Odisha Protection of Interests of Depositors (in Financial Establishments) Act.The ruling came recently while granting bail to two persons accused of duping investors by operating a ponzi/multi-level marketing

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Crypto

CT man’s alleged cryptocurrency business exchanged $1M

A Connecticut man has been indicted by federal grand jury on a charge of operating an unlicensed money transmitting business, according to federal authorities. William  McNeilly, 55, of New Haven, is charged with one count of operating an unlicensed money transmitting business, which carries a maximum term five years in prison if convicted, and with

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Crypto

Cryptocurrency Trader Turns $777k Into $9.4 Million in 8 Days

According to cryptocurrency analysis firm LookOnChain, a trader turned an investment of about $777,000 into $9.4 million in eight days. LookOnChain says that the trader purchased 50.35 million MOTHER tokens on May 29, 2024, worth around $9.4 million today. The rise in profit translates to a growth of about 1110%. Also Read: Cryptocurrency: Top 3

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Crypto

Robinhood buys crypto exchange BitStamp for $200 million despite likely SEC lawsuit

Robinhood plans to buy crypto exchange BitStamp to expand its crypto business internationally even as it faces increased scrutiny by regulators at home. The financial services company said Thursday it would buy BitStamp for $200 million in cash to help it expand its crypto business worldwide. Founded in Slovenia in 2011, BitStamp has a major

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Crypto

Kraken Considering $100M Funding Round Before Possible IPO

Cryptocurrency exchange Kraken is reportedly considering seeking more than $100 million in a final funding round before launching a possible initial public offering (IPO). The company has received inquiries from potential investors amid the current rally in the digital asset market, Bloomberg reported Thursday (June 6), citing unnamed sources. While declining to comment specifically on

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Crypto

FBI Issues Cryptocurrency Scam Through Fake Work-From-Home Job Offers

As the work-from-home trend grows, scammers are taking advantage of it to trick unsuspecting people. The United States Federal Bureau of Investigation [FBI] has issued a warning about an increase in fraudulent work-from-home job ads, especially those asking for cryptocurrency payments from job seekers. In a statement on June 4, the FBI pointed out a

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