Digital Currency Group Pledges $100 Million to Bolster Bitcoin Mining Industry
The firm Digital Currency Group (DCG) is entering the mining industry, as the firm has pledged $100 million into a cryptocurrency mining firm called Foundry. The mining company Foundry was noiselessly founded in 2019 and it aims to offer capital, consulting, and...
Polkadot (DOT) hits major resistance after rallying 200%
Sell-off pressure has seen DOT/USD price drop nearly 16% since touching a new high of $6.79 The price of sharded protocol platform Polkadot’s token has dropped nearly 16% as of writing as increased sell-off pressure shreds the bullish momentum seen over the last...
Zimbabwe’s Mobile Money on Life Support as Central Bank Tightens Screws: Restrictions to Affect P2P Bitcoin Trading
Zimbabwe’s Mobile Money Operators (MMO) say they will comply with the latest directive by the central bank to shutdown mobile money agents. In addition, the MMOs will also limit mobile money transactions to $50 (Zwl $5,000) per day while users are now restricted...
Banks in Mexico Pose Greater Money Laundering Risk Than Crypto Firms, Says Report
Commercial banks by far pose the greatest risk of money laundering in Mexico compared to crypto-related companies, according to a new report by the country’s Financial Intelligence Unit (FIU). The study singles out what it calls the “G7 banking...Interesting 13
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