In recent years, Bitcoin has been gaining momentum and is slowly becoming part of mainstream finance. However, despite its growing popularity, there are still some skeptics who believe that virtual…
Author: coindispatch
What Happened To Credit Suisse Bank?
Credit Suisse, a Swiss multinational investment bank and financial services company, has been in the news for a variety of reasons in recent years. Here are some notable events. Losses…
Docs Show Bankman-Fried used $2.2bn in FTX customer funds for personal use
According to court documents obtained by Bloomberg and Financial Times, FTX, a cryptocurrency exchange that previously collapsed, transferred approximately $3.2 billion to its founder Sam Bankman-Fried and other key employees.…
Buffet’s Nubank Announces Cryptocurrency Nucoin
Brazilian digital bank, Nubank, has announced the development of their own cryptocurrency, the NUcoin. Backed by billionaire investor Warren Buffett, Nubank has become a major player in Brazil’s banking industry,…
UK Treasury to regulate some stablecoins
The UK government has announced plans to regulate some cryptocurrencies. Treasury minister John Glen said “stablecoins” would give people confidence in making payments using digital currencies. Stablecoins are cryptocurrencies designed…
Cryptocurrency Mining Future And Electricity Consumption
Out of all the coins in the cryptocurrency sector, Bitcoin is by far the most mined and thus produces the most pollution. The solution may come at a price, but…
The Benefits of Investing in a Cryptocurrency
A cryptocurrency is a digital asset that functions as a medium of exchange for different types of products and services. It is also known as crypto-currency. This type of currency…
NYC Will Have Its Own Cryptocurrency
Newly elected New York City Mayor Eric Adams has a pro-crypto stance that appears to be showing early signs of adoption within the upper echelons of NYC government. And soon…
Australia Approves Two Crypto Credit Cards
Two credit cards have recently been approved in Australia, one a Mastercard and one a Visa. Recently, Australian cryptocurrency exchange Coinjar began offering a prepaid Mastercard, and now another startup…
Liquid Exchange Hacker Uses ETH Mixer To Clean $20 Million
Blockchain data shows that other portions of the stolen $90 million are being filtered through cryptocurrency exchanges such as Binance, Poloniex, Uniswap, Huobi, and others. The japanese exchange Liquid had…