Cryptocurrency meme coins are wolves in dogs’ clothing and their creators should be thrown in jail, according to a Wall Street expert.The real-life Wolf of Wall Street, Jordan Belfort, says "s***coins" like Shiba Inu and Dogecoin are outright scams with no value and no use.Both coins, which share the name and mascot of a breed…
An emerging markets investor has derided the emergence of cryptocurrenciesas as a “religion”, and called for investors to return to trading in real currency.Speaking with CNBC’s Squawk Box on Wednesday, well-known investor Mark Mobius decried the rise in digital currencies, which reached all time highs before he went on air.Cryptocurrencies including Bitcoin, Solona and Ether…
A court battle over billions of dollars worth of the Bitcoin is set to begin on 1 November, but for some cryptocurrency fans the case's real draw is the potential answer to a years old question: Who is Satoshi Nakamoto? The case of Kleiman v Wright pits Australian computer scientist Craig Wright – who claims…
Shares in digital content company Creatd jumped as much as 69 per cent after it announced it would sell NFT’s of Donald Trump.The non-fungible token includes “three candid images of a young Donald Trump, captured as he signs the breast of a model, surrounded by a crowd at a large formal gala,” Creatd said. (Creatd)The…
A US Navy nuclear engineer and his wife face espionage-related charges after allegedly trying to sell closely held US submarine secrets with other countries for thousands of dollars in cryptocurrency, according to the US Department of Justice.In the case presented by federal prosecutors, the FBI posed as foreign officials to exchange encrypted messages with the…
El Salvador's president Nayib Bukele declared himself a dictator on Twitter, days after protests broke out against him in the Central American country.The president’s Twitter bio currently says: “The coolest dictator in the world.” Though some saw the move as a joke by the president, many others did not find it funny.Salvadorian president Nayib Bukele…
With digital and cryptocurrency still in their relative infancy, the potential to disrupt traditional banking norms is still unclear.Elizabeth Warren believes that digital currency has the potential to bypass the big banks and reach Americans who are unbanked or underbanked — estimated to be some 14 million people. A digital currency has no physical notes…
A Florida man was charged by the US Securities and Exchange Commission with defrauding investors over cryptocurrency and an app he claimed could detect Covid-19.The SEC accused Aron Govil of misappropriating more than $7m in investor funds in his company, Cemtrex, between April 2016 and January 2018.Officials say that he used the money to finance…
Ethereum network co-founder Anthony Di Iorio has said that he’s leaving the cryptocurrency world, partially because of concerns for his personal safety. The 48-year-old has had a security team since 2017, with guards travelling with him or meeting up with him everywhere he goes, according to reports.He’s planning to sell Decentral Inc – an innovation…
For the first time in its history, Sotheby’s will accept cryptocurrencies for a rare pear-shaped diamond which is expected to fetch as much as $15m (£10.9m) at an auction next month.The announcement was made by Sotheby’s auction house on Monday as it said it would be the first time a diamond of such size has…