Investment

Iran Blocks 9,200 Bank Accounts Over Suspicious Foreign Currency, Crypto Transactions

Iran’s Ministry of Intelligence has reportedly blocked almost 10,000 bank accounts over suspicious foreign currency and cryptocurrency transactions. The action was carried out in collaboration with the country’s central bank. 9,219 Bank Accounts Blocked Iran’s Ministry of Intelligence issued a statement Saturday stating that it has blocked a number of bank accounts due to suspicious…

Former Fed Chair Bernanke: Bitcoin Is Mainly Used in Underground Economy for Illicit Activities

Former Federal Reserve chairman Ben Bernanke says the main use of bitcoin is “mostly for underground economy activities and often things that are illegal or illicit.” He added, “I don’t think bitcoin is going to take over as an alternative form of money.” Ben Bernanke on Bitcoin, Cryptocurrency Former Federal Reserve chairman Ben Bernanke shared…

Grayscale Launches European ETF While Urging SEC to Approve GBTC Conversion Into Spot Bitcoin ETF

Grayscale Investments has announced the launch of an exchange-traded fund (ETF) in Europe. The company’s Future of Finance UCITS ETF will list on the London Stock Exchange (LSE), Borsa Italiana, and Deutsche Börse Xetra. Grayscale Launches ETF in Europe Grayscale Investments, the world’s largest digital asset manager, announced Monday the launch of its first European…

China Backed Publication: Terra LUNA Crash Vindicates Country’s Ban on Crypto-Related Activities

An op-ed article published in the state-backed Chinese publication Economic Daily, has suggested that the recent crash of the Terra blockchain’s LUNA and the de-pegging of the UST stablecoin vindicate the Asian country’s decision to ban crypto-related activities. In the article, the author names the interest rate hikes by the U.S. Federal Reserve and the…

Finder’s Poll Conducted Weeks Before Terra’s Fallout Predicted LUNA Would Tap $143 This Year

Just recently, the product comparison platform finder․com polled 36 fintech specialists about the cryptocurrency terra (LUNA) before terrausd (UST) lost its parity with the U.S. dollar. According to the poll, Finder’s experts predicted LUNA would be $143 before the end of the year. Currently, LUNA is worth far less than a U.S. penny and while…

Turkish Referee Flips Bitcoin at Istanbul Derby Kick-Off, Soccer Authority Launches Probe

A soccer referee’s decision to toss a bitcoin before the start of a recent match between Istanbul giants Beşiktaş and Fenerbahçe has sparked controversy in Turkey. The country’s football authority is trying to establish why a crypto coin was used for the ritual when that role should have been reserved for the Turkish lira. Bitcoin…

UK Affirms Commitment to Regulate Stablecoins Following Terra Meltdown

The British Treasury Department has affirmed its commitment to regulate stablecoins after the collapse of terrausd (UST) and terra (LUNA). “This will create the conditions for issuers and service providers to operate and grow in the U.K., whilst ensuring financial stability and high regulatory standards,” said an HM Treasury spokesperson. Regulation of Stablecoins in the…

Veteran Investor Bill Miller Remains Bullish on Bitcoin — Confirms He Has a Lot of BTC

Famed value investor and fund manager Bill Miller says he has “a lot” of bitcoin and has not sold any despite the recent crypto sell-off. He insisted that investors should put some of their liquid net worth in the cryptocurrency. Bill Miller Shares His Bitcoin Outlook Famed value investor Bill Miller is still bullish about…

Goldman Sachs’ Blankfein Advises Companies and Consumers to Prepare for US Recession — Says It’s a ‘Very, Very High Risk’

Goldman Sachs Senior Chairman and former CEO Lloyd Blankfein has warned that companies and consumers should prepare for a recession in the U.S. He stressed that it’s a “very, very, high risk.” Goldman’s Blankfein Warns About a Recession Lloyd Blankfein, a former Goldman Sachs CEO who is now the firm’s senior chairman, warned about an…

Tron DAO Reserve Acquires Millions in TRX, Bitcoin, and Tether to Safeguard USDD

Seven days ago, Bitcoin.com News reported on the Tron DAO Reserve purchasing $38 million in tron to safeguard the network’s stablecoin USDD. Since then and since the terrausd (UST) de-pegging event, the Tron DAO Reserve has continued to purchase large quantities of digital assets to bolster the project’s reserves. In addition to the tron purchases,…
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Fans Say She-Hulk Is a Skinny CGI Disaster

One of Marvel’s most exciting additions to Phase Four (although we have no idea where it’s going) is She-Hulk, who first appeared in 1980’s The Savage She-Hulk #1. Jennifer Walters is a skilled lawyer who became a big green superhero completely by accident. All thanks to her favorite cousin: Bruce Banner.On the day Bruce goes…
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7 Best Memory Foam Pillows of 2022, Tested by Experts

It can be hard to justify spending hundreds—even thousands—of dollars on your sleep setup. When you consider $1,000 or more for a premium mattress alone, plus a decent bed frame, nice sheets, pillows, and pillowcases, it all adds up. But it’s true that most of us spend at least one-third of our lives (ideally) sleeping.…

Researchers find backdoor lurking in WordPress plugin used by schools

UPDATE — If you've used School Management Pro, it's time to check your site, stat. Dan Goodin - May 20, 2022 10:51 pm UTC Researchers said on Friday that they found a malicious backdoor in a WordPress plugin that gave attackers full control of websites that used the package, which is marketed to schools. The…

Sixth child in US dies of unexplained hepatitis as global cases top 600

Enlarge / Liver lesions in patient with chronic active hepatitis C. A sixth child has died in the United States from puzzling liver inflammation—aka hepatitis—and the number of unexplained cases has risen to 180 across 36 states, according to the Centers for Disease Control and Prevention. The latest death was announced in a press briefing…

Analysis of prehistoric feces shows Stonehenge people had parasites

Enlarge / The prehistoric monument of Stonehenge in Wiltshire, UK. A large Neolithic settlement known as Durrington Walls is less than two miles away and is believed to be where the people who built the famous site camped during the main stage of construction. Adam Stanford Nearly two miles away from Stonehenge, there is a…