Report: Freelance Workers in Argentina Among Most Active in LATAM Receiving Part of Paycheck in Crypto

argentinaA recent report states that freelancing is experiencing a boom in Argentina, and also comments on how Argentinians are among workers in the region that most actively use cryptocurrencies to receive part of their paycheck. The report further states that workers accepting their paychecks in crypto favor traditional cryptocurrencies such as ether and bitcoin, which […]

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Report Attributes Large Share of Global Crypto Crime to Russia, Moscow City

Report Attributes Large Share of Global Crypto Crime to Russia, Moscow CityThe growing popularity of cryptocurrencies has placed Russia among the leaders in adoption. But while it is yet to reach the top of the ranking, the country already has a “disproportionate share” of global activity related to some forms of crime involving cryptocurrency, according to a new study by Chainalysis. Three Quarters of Ransomware Revenue […]

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St. Louis Fed President Says Central Bank’s ‘Credibility Is On the Line’ as US Inflation Surges

St. Louis Fed President Says Central Bank's 'Credibility Is on the Line' as US Inflation SurgesInflation continues to grip American wallets, according to a recent economic analysis from Moody’s Analytics, which shows inflation is likely costing the average U.S. household between $250 to $276 per month. Meanwhile, the U.S. Federal Reserve is expected to raise the benchmark interest rate in March and St. Louis Fed president James Bullard believes the […]

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Cryptocurrency Theft Remains Key Revenue Source for North Korea, UN Report Says

Cryptocurrency Theft Remains Key Revenue Source for North Korea, UN Report SaysCyberattacks on cryptocurrency exchanges have been a major source of funds for North Korea in the past year, a United Nations report has unveiled. According to the document, the sanctioned nation has also been developing its nuclear and missile programs. North Korea Hits Cryptocurrency Exchanges, Sanctions Monitors Say Hackers controlled by the Democratic People’s Republic […]

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Russians Own $215 Billion in Crypto Suggests Estimate Attributed to Government

Russians Own $215 Billion of Crypto, Suggests Estimate Attributed to GovernmentRussians may own more cryptocurrency than previously thought, a new estimate reportedly used by the government has indicated. The quoted figure amounts to over a tenth of the global holdings and may serve as an impetus for the government to regulate Russia’s crypto market rather than outlaw it. Estimated 12% of Crypto Allegedly Held by […]

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