Category: Crypto - Page 5 - Forex Dominion

Morgan Stanley strategist predicts good performance for bitcoin and gold in coming years

Ruchir Sharma believes that next year the inflation of the dollar will be noticed.
For Sharma, the next few years will be better valued stocks that preserve their value.

Morgan Stanley’s head of emerging markets and global strategy commented that commodities such as gold would do well for the next 3-5 years, and included bitcoin among them. Ruchir Sharma shared his point of view with Julia Chatterley, a CNN reporter. In his conversation, he showed his vision on how the economy and the global financial market will behave from 2021.

Kraken Review 2025 – The Safest Cryptocurrency Exchange

by rcanessa

Kraken -It is one of the safest cryptocurrency exchanges -It offers more than 130 pairs of cryptocurrencies. -Low trading commissions Visit Kraken Website Kraken is a popular cryptocurrency exchange where you can buy bitcoins as well as cryptocurrency pairs to speculate. Among the crypto asset trading platforms, Kraken is one of the most famous and popular, with more than 4 million … Read more

Bitcoin is a myth, says Central Bank of France

by rcanessa

Bitcoin does not perform the functions of the currency well, according to the French central bank.
The so-called stablecoins and CBDCs are also addressed in the study.

The central bank of France states in its most recent newsletter, dedicated to means of payment, that Bitcoin has not fulfilled its initial proposal to “replace legal currencies.” In the document entitled Digital currencies: from myth to innovative projects, the Bank of France also addresses stablecoins, as well as the experiments carried out by that institution with the digital euro.

The French central bank report also highlights the use of bitcoin as a “speculative investment” and to “make payments under a pseudonym, which helps protect privacy, but also facilitates the financing of criminal activities.” He even goes so far as to call Bitcoin a “pseudo-currency.”

Shelley: user rewards, decentralization for Cardano

by rcanessa

Shelley introduces in Cardano a new consensus algorithm based on Proof of Participation (PoS).
ADA token owners will be able to earn rewards for block production.

Decentralization has come to Cardano from Shelley, one of its most anticipated forks of 2020.

After almost a month of delay, the community finally witnessed yesterday the launch of this latest update. It allowed the Cardano blockchain to leave behind its centralized network scheme, known as Byron, to begin charting a new, more decentralized path with Shelley.

Satoshi Nakamoto – Who Created Bitcoin?

by rcanessa

Satoshi Nakamoto (1975-present) is the fictitious name of the person (or group of people) who developed Bitcoin.

Although his identity is uncertain, there are several versions of his real identity. Obviously, some versions have more weight than others. In any case, it is believed that his profile is that of a mathematician and cryptographer, around 40 years old. Despite being of Japanese origin, he speaks perfect English. Hence, some versions doubt that the Bitcoin developer is actually Japanese.

Abra app fined for offering investment in US stocks with bitcoin

by rcanessa

The company was accused of selling securities-based swaps without proper authorization.
Despite moving its operations outside the US, the contracts were offered from San Francisco.

The United States Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) announced this Monday two fines of $150,000 each against the Abra platform. Regulators determined that the company offered unauthorized operations with bitcoin for the acquisition of cryptocurrency derivatives.

The Payoneer and Wirecard lesson: Bitcoin is a better choice for freelancers

by rcanessa

Key facts:

Payoneer blocked funds affiliated with “Prepaid Mastercard” cards issued by Wirecard.
The event reminds us of the typical phrase of bitcoiners “Not your keys not your money”.

Freelancers are constantly concerned about their money and it is understandable, with cases like the one that just happened with Wirecard and Payoneer. What could be one of the biggest financial scandals in Europe in recent years has become a lesson for freelancers, where Bitcoin could come out on top.

But before we start talking about the benefits that Bitcoin offers for freelancers, it is necessary to delve into the twists and turns of a controversy that has exploded in the heart of Germany. Wirecard is a payment processor with 20 years of experience, initially offering services to gambling and pornography websites. Over time it became increasingly specialized in digital payment methods, even issuing crypto debit cards.

Wundebit Trading integrates Deribit to its social trading platform

by rcanessa

Key facts:

Wunderbit Trading is integrated to various trading platforms such as: Binance, FTX and ByBit. Wunderbit Exchange allows buy and sell trades with Bitcoin and Ethereum with credit cards and Skrill.

The Wunderbit Trading platform is a product of Wunderbit, a Fintech company established and regulated in Estonia. This company makes cryptocurrency trading an easy and entertaining experience, where any user could make a profit even without technical knowledge. But how is this possible? Simple, Wunderbit Trading allows its clients to copy and replicate the same transactions and movements with cryptocurrencies that the best traders of the platform carry out. Just copy the strategy of a specific trader who has a good performance record and then just waits for the results.

PayPal Seeks Blockchain Engineer Amid Rumors of Its Cryptocurrency Adoption

by rcanessa

PayPal included blockchain in the Strategic Technology Enabling office. According to anonymous sources, PayPal will offer cryptocurrency trading in the short term. The company PayPal Inc. is looking for an engineer for its blockchain research group, which is part of the Strategic Technology Enabling office. This search coincides with the rumors that this company is about to offer cryptocurrency … Read more

North Korean connection: in the footsteps of major crypto thefts

by rcanessa

Authorities trace the theft and laundering of cryptocurrencies related to North Korea.
The OXT firm performs an analysis of the transactions involved and reveals the laundering methods.

A new report delves into the methods used by hackers affiliated with North Korea to launder stolen cryptocurrencies from their victims, primarily from crypto exchanges.

Based on the analysis of civil lawsuit number 20-606, filed on March 2 before the United States judicial authorities, the OXT firm analyzed the movements and transactions of Bitcoin and other networks, discovering the methods used by cybercriminals to hide their illegitimate transactions in cryptocurrencies.

+ More