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Uncertainty Surrounds Federal Reserve’s Future Plans for Rate Hikes

Uncertainty Surrounds Federal Reserve’s Future Plans for Rate HikesThe U.S. Federal Reserve has raised the benchmark bank rate seven times during the course of 2022, leading many to question when the central bank will cease or change course. The Fed has stated that it aims to bring inflation down to the 2% target, and the increases to the federal funds rate are intended […]

Aussie admits to promoting BitConnect crypto services without a license

NFT Collection Veefriends Physical Collectibles to Debut at Macy’s and Toys’R’Us

NFT Collection Veefriends Physical Collectibles to Debut at Macy’s and Toys’R’UsIn recent times, non-fungible tokens (NFTs) and their physical counterparts have started to debut at well known retail stores and luxury boutiques. On October 4, the NFT project called Veefriends revealed that the team is launching its limited edition series of collectible characters exclusively at Macy’s and Toys”R”Us. Veefriends holds the 20th position in terms […]

Aussie admits to promoting BitConnect crypto services without a license

US Government Seizes Trezor Wallet With $6.3 Million in Bitcoin From Gift Card Fraud Case

US Government Seizes Trezor Wallet With .3 Million in Bitcoin From Gift Card Fraud CaseOn September 22, 2021, a U.S. district judge from San Antonio, Texas, granted a summary judgment on the civil forfeiture of 147 bitcoin worth $6.3 million held on a Trezor hardware wallet. According to the court filing, the crypto assets stemmed from a Target gift card fraud incident that started in 2016. Gift Card Fraud […]

Aussie admits to promoting BitConnect crypto services without a license

Bank of England Governor Bailey Says Cryptocurrencies Are ‘Dangerous’

Bank of England Governor Bailey Says Cryptocurrencies Are ‘Dangerous’Known for his reluctant stance on decentralized money, the Governor of Bank of England (BOA), Andrew Bailey, has recently taken his anti-crypto rhetoric up a notch. Speaking at a meeting with lawmakers in London, Bailey stated that cryptocurrencies are “dangerous.” Andrew Bailey Remains Sceptical About Cryptos “Crypto-assets,” as the central bank’s official labels bitcoin and […]

Aussie admits to promoting BitConnect crypto services without a license