Time and money are largely interchangeable terms. - Winston S. Churchill

Finance

Berkshire Hathaway vice chairman calls for cryptocurrency ban in US

Berkshire Hathaway vice chairman calls for cryptocurrency ban in US

The WSJ published an article entitled "Why Should America Ban Cryptocurrencies?" by Charles Munger, a 99-year-old associate of Warren Buffett. In it, the investor compares digital assets to gambling, and attributes their rise to a "vexing" regulatory gap. "Cryptocurrency is not a means of payment, a commodity or a derivative.

Mastercard and Binance to launch cryptocurrency card in Brazil

Mastercard and Binance to launch cryptocurrency card in Brazil

Cryptocurrency exchange Binance will collaborate with Mastercard to launch the Binance Card in Brazil. Brazil will become the second country in Latin America, after Argentina, in which the Binance Card will become available.

Chainalysis

Chainalysis

Chainalysis' annual crime report reveals a new consolidation of cryptocurrency-based money laundering services. Only five cryptocurrency exchanges now allow cryptocurrency to be traded to launder money for real dollars, euros and yen. They process nearly 68% of all black market cash-out transactions.

Indian multibillionaire Gautam Adani

Indian multibillionaire Gautam Adani

Indian multibillionaire Gautam Adani, owner of the Adani Group corporate conglomerate and one of the richest men in the world, has found himself at the centre of a scandal. The Adani Group's capitalisation plummeted by more than $50 billion in just a few days, due to the report of a

Ransomware hackers

Ransomware hackers

The Hive ransomware network has been dismantled, the US Department of Justice says. The group was responsible for extorting hundreds of millions of dollars from people around the world. More than 1.5 people have been victimised since 2021, with "proceeds" totalling $100m. FBI officers with German police and the

Blockstream has raised $125m in investment

Blockstream has raised $125m in investment

Blockstream has raised $125m. Investors include venture capital firm Kingsway Capital as well as Fulgur Ventures. Cohen & Cohen Capital Markets, part of J.V.B. Financial Group. In its press release, Blockstream said the funds would be used to increase mining capacity to meet the high demand for hosting

FBI reported Lazarus involvement in Harmony Bridge hack

FBI reported Lazarus involvement in Harmony Bridge hack

The FBI officially announced the results of its investigation into the Harmony Bridge attack, adding that the North Korean group Lazarus Group and APT38 were involved. At the end of the report, the FBI pledged to "continue to crack down on crimes related to North Korea and their attempts to

$385 million was liquidated in the last 24 hours

$385 million was liquidated in the last 24 hours

The price of BTC rose to $23,000 for the first time since August and is now trading around the same values, while ETH is around $1,650. The market capitalisation has increased by about 6.31% to $997 billion at the time of writing. Due to the growth of

Crypto exchange

Crypto exchange

The trend with crypto-exchanges, to put it mildly, is not a happy one. Users continue to believe in the trustworthiness of a particular exchange, storing everything they have there. It is hard to imagine a greater folly. Keep only what you do not mind losing. Cold wallets to your rescue.

Thailand to launch virtual banks in 2025

Thailand to launch virtual banks in 2025

Thailand's financial regulator has issued a press release on the licensing of virtual banks. The first details and nuances of the regulation will be known this year, with full operation of such institutions starting in 2025. The Central Bank took this step to stimulate competition in the financial segment and