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The Squid Game Cryptocurrency Scam – What Happened?

You may have heard of a new Netflix series making headlines, Squid Game took the world by storm and was quickly recognized as the most-watched show after hitting 111 million views in a month. The show is based within Korean culture and features a covert game show run for and by the elite. People who are deeply in debt are sourced and offered an opportunity to make billions, but when they arrive not all is as it seemed. The game features 6 rounds, each round is based on kids’ Korean

What is OliveX (BVI)?

DOSE is an ERC-20 token that serves as a reward for players of flagship fitness games of the OliveX gaming ecosystem. The metaverse will soon explode into proportions that no one can even imagine today. In fact, it will likely be even more revolutionary than social media and the internet itself. With the anticipated dominance of this new virtual universe, various companies are rushing to establish their footholds in this growing industry, and one of these firms is OliveX.  Table of Contents Background  OliveX (BVI) is a company that advocates digital

Could ‘perverted’ CBDCs stop you from buying candy

NSA whistleblower and journalist Edward Snowden is known to comment on Bitcoin and crypto-adoption. However, in the latest issue of his newsletter, Continuing Ed, Snowden cited an article discussing whether the U.S could mint a platinum coin worth $1 trillion. In doing so, Snowden also spurred a discussion on centralized money, CBDCs, and their possible use case as surveillance tools. On banking, bitcoin, and the future of money: a response to a governor of the Federal Reserve, Christopher J. Waller.https://t.co/720SYvqzZM — Edward Snowden (@Snowden) October 9, 2021 To be or not to

U.S. Won’t Ban Crypto | This Week in Crypto – Oct 4, 2021

 The US gives a green light to cryptos, TikTok launches its own NFTs, and can professional crypto traders be outmatched…by a hamster?! These stories and more this week in crypto. The Chairman of the US Federal Reserve, Jerome Powell said that the United States has no intentions of banning cryptocurrencies, including Bitcoin. He still asserted that some digital assets, stablecoins in particular, have to be regulated. This fresh, more optimistic US approach had an immediate positive effect on the entire market at the end of the week. TikTok has

IMF now the latest to warn against cryptos opening ‘unwanted doors’

A handful of cryptocurrency exchanges have suddenly become billion-dollar companies. An explosion in Bitcoin’s popularity has supercharged previously small-time platforms into powerhouses generating millions of dollars in revenues. And, it’s not just Bitcoin either, with other altcoins recording immense surges as well. Source: IMF Crypto is “risky” and opens “unwanted doors” The same was the subject of a blog recently published by the IMF (International Monetary Fund). The report observed, “The total market value of all the crypto-assets surpassed $2 trillion as of September 2021—a 10-fold increase since early 2020.

Indonesia Confirms It’s Not Imposing Blanket Crypto Ban

The Indonesian government has given its residents the green light for cryptocurrency trading, refusing to impose an outright ban on all crypto-related transactions. Sponsored Sponsored The government instead will seek to focus its regulatory effort on the prevention of crimes in which cryptocurrency is involved. Cryptocurrencies are treated as tradable assets and commodities, which are unfit for payments, according to the Central Bank. The government maintains that crypto assets are a volatile asset class, with little backing. Crypto asset trading was legalized in 2018 in the Ministry of Trade Regulation

Netflix will premier life of QuadrigaCX CEO next year 

Netflix, the world-renowned online streaming service, is preparing to release a documentary that revolves around the death of Gerland Cotten.  Cotten is the founder and chief executive officer of QuadrigaCX, a now-defunct Canadian crypto exchange.  “Trust no One: The Hunt for the Crypto King”, will be the title of the upcoming documentary, which was announced by the streaming giant on Twitter.  Suspicious death In the synopsis provided by Netflix, the documentary will chronicle a group of QuadrigaCX investors who have turned into investigators. These people want to know the truth

Italian Payments Giant Nexi Involved in Digital Euro Project

Nexi, a leading European payments company, is reportedly giving advice to the European Central Bank (ECB) related to the digital euro project. The announcement was made by Nexi’s CEO Paolo Bertoluzzo, who also gave his opinion about the future of central bank digital currencies (CBDC) and cryptocurrencies during the Money 20/20 fintech conference in Amsterdam. Nexi Advising ECB on Digital Euro Issues Nexi, one of the biggest payments companies in Europe, is working in tandem with the European Central Bank toward the creation of a digital euro, according to statements

With a ‘ready to go’ ecosystem, does Polkadot have a shot at the $250-$350 range

Polkadot, the 8th largest token has been surging for a while now. Steady development and strong fundamentals significantly contributed to a rally toward a new all-time high ($49.80). Consider this plot- DOT is up 356% YTD. Source: CoinMarketCap Meanwhile, the flagship token witnessed a 256% recovery over the last 56 days, as per Trading View. Although the token, at press time is trading just shy of the $37 mark (down by almost 23% from its ATH)- different analysts remain bullish. For instance, crypto analyst Lark Davis took to Twitter to shed

Acorns Hires Former Amazon Executive as President, Hints at Crypto Options

Acorns, a popular investing and savings app, announced a former Amazon lead as company president and head of day-to-day operations.Sponsored Sponsored Earlier today the financial services app revealed David Hijirida as the new president. Hijirida was an executive at Amazon and CEO of the digital bank Simple Finance. During his 12 years at Amazon, he managed global payments and advertising.  This new hire comes as Acorns expected a public listing later in the year. The public listing is with the intentions of accelerating its mission of wealth building and overseas

Little Baby Doge’s approach to fighting climate change revamps the crypto space

Little Baby Doge is a hyper-deflationary decentralized buyback token, community-driven project that aims to reduce global warming by using the crypto ecosystem to wage a war against climate change! This budding project is on track to change how society views cryptocurrencies and then some. Little Baby Doge, an upcoming meme coin project, has vowed to challenge Dogecoin’s approach to the crypto scene by having an actual cause. As per the project’s website, their focus is on revamping the crypto scene by looking for new approaches through which cryptocurrencies can use

Supply dynamics suggest Bitcoin can make a run for $100k if… 

Bitcoin’s upward trajectory, after getting interrupted by an 18% dip last week, was met with a lot of consolidation. However, as Bitcoin holders looked reluctant to sell-off at a crucial time amid anticipation of a price rise, on-chain metrics offered an interesting insight into the current market sentiment.  Some interesting divergences in BTC’s supply dynamics posed a complex question – Are they projecting bullish or bearish divergences? Ergo, to gauge bullish/bearish signals, it is imperative to weigh the same against market sentiments to understand the crypto’s price trajectory.  Post-halving blast