Mar 09 2023
The past seven days saw Bitcoin’s price increase by a whopping 10% in a few violent green candles that took place in the span of a couple of days. This brought a lot of positivity to the industry, and the total capitalization is also up by about $100 billion. At the time of this writing, …
Mar 09 2023
Amazon is reportedly preparing to enter the world of non-fungible tokens (NFT) with the launch of its own Marketplace, reportedly scheduled for April 24th. The new ‘Amazon NFT Marketplace’ will offer 15 NFT collections that will initially be available to customers in the United States. One of the most interesting features of this Marketplace is …
Mar 09 2023
Iceland has emerged as the world’s largest hash rate producer per capita. Owing to cheap electricity, Iceland is one of the first countries to see industrial-scale Bitcoin mining. The Icelandic bitcoin mining industry is estimated to consume nearly 120 MW, equating to a share of 1.3% of the global hash rate production. There are other …
Mar 09 2023
Bosnia and Herzegovina’s State Investigation and Protection Agency (SIPA)18 locations across the country on Tuesday and Wednesday as part of the Klaster (Cluster) operation. SIPA said it seized “75 student files, registry books and other business documentation, 165,000 convertible marks (US$89,300) in cash, computers and other items that could be used as evidence” Bosnian daily …
Mar 08 2023
Genaro García Luna was Mexico’s former secretary of public security. He was accused of accepting millions in bribes from the very cartels he was tasked with dismantling. A U.S. federal court found him guilty on all five counts, including conspiracy to smuggle tonnes of cocaine into the United States. The bribes he accepted garnered him …
Mar 08 2023
Former PNG Ports head Fego Kiniafa and his predecessor appeared to have benefited from payments from a Singapore bank account belonging to Don Matheson. The payments came shortly after an global ports operator, Manila-based International Container Terminal Services (ICSTI), paid roughly US$4.35 million toMatheson’s newly established Singapore company. In 2017, ICTSI won lucrative contracts to operate PNG’s …
Mar 08 2023
Tamara Dadyan, along with her six co-conspirators, took advantage of the pandemic to steal millions of dollars. The group used dozens of fake, stolen, or synthetic identities to submit fraudulent applications for roughly 150 PPP and EIDL loans. The seven people who were part of this fraud ring in Los Angeles were sentenced for obtaining …
Mar 08 2023
Frederick Marino was sentenced to seven years and six months in prison. Aurelien Bessot was handed a sentence of 15 months suspended for two years. Swiss banker Yoshiki Ohmura received a prison sentence of three years and 6 months. Both absconded from the country and were sentenced in absentia. The fraud started in 2009 when …
Mar 08 2023
Before the war, the two countries “controlled a lucrative transnational smuggling highway,’ GI-TOC said. Corrupt officials and crime bosses siphoned off millions from Ukraine’s status as a transit country for Russian gas into the West. Now, however, the year-long invasion has made collaboration between Russian and Ukrainian organized crime groups all but impossible and longstanding …
Jan 19 2022
On January 18th, OpenSea announced that it had acquired Dharma Labs for an undisclosed amount. The world’s top NFT marketplace was recently valued at $13.3 billion following its latest funding round. Sources at the 2017-founded firm told Reuters that deal would help it “dramatically improve the experience of buying, minting, and selling NFTs” on its platform. Axios …