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Bahamian AG and Prime Minister Announce Sam Bankman-Fried’s Arrest in The Bahamas

Bahamian AG and Prime Minister Announce Sam Bankman-Fried’s Arrest in The BahamasDisgraced FTX co-founder Sam Bankman-Fried (SBF) has been arrested in The Bahamas, according to local reports citing the country’s attorney general Ryan Pinder. According to Pinder, SBF’s arrest “followed receipt of formal notification from the United States that it has filed criminal charges against SBF and is likely to request his extradition.” **Editor’s note: This […]

Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

Russian Prime Minister Orders Finance Ministry, Central Bank to Agree on Crypto by December

Russian Prime Minister Orders Finance Ministry, Central Bank to Agree on Crypto by DecemberThe central bank and the finance ministry in Moscow have been asked by the head of the Russian government to agree on a vision for the development of the country’s digital asset market by Dec 1. Working with other regulators, they should also present a common position on the legislation needed to regulate it. Pressed […]

Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

Precious Metals Firm Kitco Launches Gold-Backed Tokens Built on Ethereum

Precious Metals Firm Kitco Launches Gold-Backed Tokens Built on EthereumOn August 4, the precious metals firm Kitco Gold announced the launch of a gold-backed stablecoin which will leverage an audit process via Cohen & Company with monthly attestation reports. Kitco has partnered with Tradewind Markets, First Digital Trust, and Stably, an asset tokenization provider. The gold-backed ERC20 tokens called “kitco gold (KGLD)” “represent one […]

Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

Metalla CEO Says Crypto Industry Is a ‘License for the Private Sector to Print Money’

Metalla CEO Says Crypto Industry Is a ‘License for the Private Sector to Print Money’During an interview this week, Metalla Royalty & Streaming CEO, Brett Heath, explained that he believes cryptocurrencies will lead to the next financial crisis. The precious metals boss said history shows that “mass adoption of a new financial product” typically leads to a financial crisis. Precious Metals Exec Says the Public Embracing Crypto May Lead […]

Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

BNY Mellon Report Compares Bitcoin and Gold, Study Says ‘Gold Is the Only Globally Accepted Currency’

BNY Mellon Report Compares Bitcoin and Gold, Study Says ‘Gold Is the Only Globally Accepted Currency’The popular safe-haven asset gold recently posted the lowest settlement in three weeks, as a firm dollar and bond market yields have weakened support for the precious metal. The financial goliath BNY Mellon also published a report about the differences between gold and bitcoin and the study said that the crypto asset “fits the description […]

Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes