Bitcoin flipped in 2022, ending the year down an alley, losing its reputation for easy money and leveraged bets and avoided by investors. The cryptocurrency has lost 60% of its value, while the broader market has shrunk by $1.4 trillion (R$7.28 trillion), crushed by the increase in …
Read More »Founder of FTX, who melted, was worth $25 billion at age 30 – 11/13/2022 – Market
With inflation still high, it is difficult to defend the value of central banks. But the young cryptocurrency geniuses did it. It was said that the great benefit of cryptography was decentralization. This was accompanied by all sorts of bluster about the liberating power of money detached from the central …
Read More »Bitcoin: Meet the Mysterious $3 Billion Crypto Theft – 11/08/2022
The United States Department of Justice announced that it seized $3.36 billion worth of bitcoins last year, which was stolen from a dark web site. The stash of 50,676 bitcoins was found hidden on various devices in a hacker’s home in an under-floor safe and inside a popcorn can. The …
Read More »Bitcoin scam: victims ask for R$ 7 billion in court – 08/17/2022 – Mercado
A group of investors who were victims of a bitcoin scam seeks, in court, the reimbursement of R$ 7 billion from the company Atlas Quantum, according to a public civil action proposed by IPGE (Institute for the Protection and Management of Entrepreneurship). In the process, the group accuses the company …
Read More »Bitcoin scam: victims ask for R$ 7 billion in court – 08/17/2022 – Mercado
A group of investors who were victims of a bitcoin scam seeks, in court, the reimbursement of R$ 7 billion from the company Atlas Quantum, according to a public civil action proposed by IPGE (Institute for the Protection and Management of Entrepreneurship). In the process, the group accuses the company …
Read More »the man who wants to dig a landfill in search of a hard drive thrown in the trash with R$ 1.1 billion in cryptocurrency
Nick Hartley – BBC Wales News posted on 02/08/2022 13:48 Almost ten years ago, the British James Howells threw away a HD (hard drivehard drive that stores the memory of a computer) during a house cleaning, forgetting that there was a digital wallet with cryptocurrencies recorded on the device. …
Read More »Italians Say They Lost More Than 11 Million To Bitcoin Sheik | Brazil
reproduction Francis da Silva is known as “sheik”, in Paraná The default that would have been applied by Rental Coins, a bitcoin rental company owned by Francisley Valdevino da Silva, investigated by the Curitiba Court, crossed borders. Two Italian investors lament having lost a lifetime of savings by investing in …
Read More »Bitcoin: Crypto Is Crashing; where were regulators? – 07/13/2022 – Paul Krugman
When the Federal Reserve [banco central dos Estado Unidos] speaks, uses its own language, “Fedspeak”. A terse sentence or striking metaphor can easily turn into a headline, causing huge market moves and a public backlash. For this reason, dry technical language and euphemisms are often the form of choice. Given …
Read More »Cryptocurrencies: Clearinghouse must loosen rules – 07/10/2022 – Market
To pass the bill that imposes rules on the crypto-assets market, the Central Bank gave up a provision in the proposal that shielded investors’ assets. The so-called asset segregation was one of the points defended by the president of the BC, Roberto Campos Netto, to equalize the rules of this …
Read More »Bitcoin crisis: El Salvador is running out of cash – 06/07/2022 – Mercado
Bitcoin was supposed to transform El Salvador’s economy, projecting the poor Central American country as an unlikely harbinger of a financial revolution. But nearly a year after its chairman, Nayib Bukele, shocked the financial world by turning its most popular digital currency into a national currency, the gamble appears to …
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