Coinsbee Lets You Buy Gift Cards for More Than 500 Brands With Crypto

Coinsbee is a platform for buying gift cards with more than 50 cryptos from all your favorite brands and shops, as well as get payment cards and phone top-ups. You can use it to purchase vouchers for video game stores such as Steam and PlayStation, and even the video streaming giant Netflix. With the holidays … Read more

Survey: 1 in 4 Senior Executives in Uruguay Have Used Cryptocurrencies

A survey made in Uruguay across different business sectors revealed that 24% of the 49 senior executives (1 in 4) from companies in the country claimed to have used cryptocurrencies at any point in their lives. Senior Executives in Uruguay Reveal Their Level of Knowledge on Cryptocurrencies According to the consulting firm Price Waterhouse Cooper, … Read more

Popular Browsers Like Google Fail to Catch Copycat Crypto Sites, Scams Make the Top Results

As the digital asset economy grows popular and a number of crypto companies become well known, copycat scammers appear in greater numbers. There are a number of websites that are clones of the official web page from companies that provide mining device sales, wallets, full nodes, paper wallet tools, and popular trading platforms. Just recently, … Read more

Crypto Founder Faces 10 Years in Prison Over Millions of Dollars in Exit Scam Without Paying Taxes

A cryptocurrency founder has been arrested and is facing up to 10 years imprisonment for tax evasion after running an exit scam. He allegedly made millions of dollars from his cryptocurrency and used an elaborate scheme to avoid paying taxes. Crypto Founder Exit Scams, Caught for Tax Evasion The U.S. Department of Justice (DOJ) announced … Read more

Morgan Stanley Strategist: Bitcoin Rising to Replace US Dollar as World’s Reserve Currency

Morgan Stanley’s global strategist has made a case that bitcoin is making progress towards replacing the U.S. dollar as the world’s reserve currency. “Do not assume that your traditional currencies are the only stores of value, or mediums of exchange, that people will ever trust,” he warned governments. Bitcoin Is on Its Way to Becoming … Read more

US Lawmakers Caution Against Regulations Restricting Use of Self-Hosted Crypto Wallets

Four U.S. lawmakers have sent a letter to Treasury Secretary Steven Mnuchin, warning of the risks of restricting the use of self-hosted cryptocurrency wallets. Their concerns follow reports that the Treasury Department may be on the verge of imposing such strict cryptocurrency regulations aimed at self-hosted crypto wallets. Crypto Regulations That Could Make Existing Self-Hosted … Read more

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