The cryptocurrency market experienced shockwaves on Friday following President Donald Trump’s announcement of a 100% increase in tariffs on Chinese imports, combined with new export controls on critical software. According to Coinglass, this geopolitical event triggered the largest crypto liquidation in history, with over $19 billion in leveraged positions wiped out in just 24 hours,…
It’s crazy how quickly things change in the world of work. As inflation and currency volatility upend traditional payment methods, businesses are looking for new ways to compensate their employees. Crypto payroll solutions are emerging and could make life much easier for businesses and employees. Let’s take a look at how this change is happening,…
It appears that tariffs are doing more than just disrupting imports. They are also encouraging businesses to consider crypto payroll. As businesses try to cope with rising costs, they are looking for ways to stay competitive without having to pay more. Why crypto salaries are attractive When tariffs reached 100% on Chinese imports, it created…
October got off to a hot start, but the historically strong month for Bitcoin and cryptocurrency prices – called “Uptober” by many investors – hit a roadblock on Friday due to President Trump’s trade war. And now prices are falling rapidly as liquidations pile up. More than $1 billion in crypto positions have been liquidated…
The Wall Street giant’s updated requirement gives its advisors more leeway to offer crypto funds, which are poised for a big bang following recent changes at the SEC. Morgan Stanley is expanding access to cryptocurrency investments for its wealth management clients, allowing financial advisors to offer cryptocurrency funds to any client and in any account…
GREEN BAY, Wis. (WBAY) – The FBI says people lost nearly $250 million to cryptocurrency ATM scams in 2024. This is more than double the previous year. People lose thousands of dollars a day on cryptocurrency machines due to romance scams, imposter scams, or financial scams. An investigation by ABC’s Good Morning America showed a…
Is PayPay’s acquisition of Binance Japan a game changer for cryptocurrencies in Asia? PayPay’s acquisition of a 40% stake in Binance Japan could be a significant step in the adoption of cryptocurrencies in Asia. This partnership connects PayPay’s extensive payments network, which has more than 70 million users, to Coinbase’s operations in Japan. By allowing…
SAN FRANCISCO (KGO) — Bitcoin ATMs that convert money into cryptocurrency have become a favorite tool of scammers, many of whom operate from abroad. The I-Team worked with ABC News on this investigation. It’s the same old scams with a new twist. You’ve heard of people being lured into a fake romance or convinced there’s…
LINCOLN, Neb. (KOLN) — According to the Lincoln Police Department, Lincolnites have lost more than $11 million to scammers since 2021, including one woman who lost more than $250,000 alone earlier this year. Lincoln Mayor Leirion Gaylor Baird is now hoping a simple sign could be part of the solution, proposing a new law Thursday…
Fed Chairman Jerome Powell avoided discussing monetary policy at his October 9 community bank conference. Remarkssupporting Bitcoin’s continued advance towards $150,000. Matt Mena, crypto research strategist at 21Shares, said in a note that this was a “strategic omission” by Powell. He called this narrow focus “effectively a green light for risk assets” as the U.S….