Bitcoin.com News reported this week that leading crypto exchange Binance will settle with the United States Department of Justice (DOJ) for $ 4.3 billion, related to breaching anti-money laundering and sanctions regulations. The well-known face of the exchange, and former CEO, Changpeng “CZ” Zhao, has stepped down as part of the plea deal. In …
DOJ Announces $4.3 Billion Settlement With Binance; CZ to Step Down as Part of Plea Deal
The United States Department of Justice (DOJ) has revealed a landmark settlement involving Binance, the world’s largest crypto exchange by trading volume. Under the agreement, Binance will pay $ 4.3 billion to settle with the law enforcement authority. This significant development was disclosed during a DOJ press briefing on cryptocurrency enforcement, which took place …
Down From the Peaks: A Look at Bitcoin, Ethereum, and Others Two Years After the 2021 Surge
It’s been slightly more than two years since the 2021 cryptocurrency boom, a time when the crypto economy reached its zenith with a valuation of $ 2.90 trillion on November 10, 2021. Although it has been an extended and harsh crypto winter marked by numerous upheavals, a substantial number of crypto assets have seen …
Cathie Wood Endorses Bitcoin ‘Hands Down’ Over Gold and Cash, Foresees Deflationary Economy
Cathie Wood, the founder and CEO of Ark Investment Management, has an optimistic outlook on bitcoin’s future and she recently shared her enthusiasm on Bloomberg’s “Merryn Talks Money” podcast. In the conversation, when presented with the choice between gold, cash, or bitcoin as a ten-year investment, Wood confidently declared her preference for bitcoin, saying it […]
Robert Kiyosaki Breaks Down Rich Dad’s First Lesson — Says Bitcoin Provides ‘Lifelong Financial Security and Freedom’
Rich Dad Poor Dad author Robert Kiyosaki has broken down Rich Dad’s lesson number one. Explaining in simple terms why the rich become richer, the renowned author said: “They understand the importance of preserving tangible assets, such as gold, silver, and bitcoin, which offer lifelong financial security and freedom.” Robert Kiyosaki Breaks Down Rich Dad’s […]