Central Bank of Brazil Reports Brazilians Have Bought More Than $4 Billion in Cryptocurrency This Year

Brazilians have brought over $4 billion of cryptocurrencies to the country, according to numbers from the Central Bank of Brazil. The commercial asset balance report presented shows that Brazilians have consistently acquired over $350 million dollars of cryptocurrencies each month since January. However, according to some analysts from the central bank, this number has the … Read moreCentral Bank of Brazil Reports Brazilians Have Bought More Than $4 Billion in Cryptocurrency This Year

Ransomware Payments in 2021 Already Dwarf Last Year’s Total, FinCEN Reports

Payments tied to ransomware attacks in 2021 are already exceeding 2020′s total, the U.S. government’s financial crimes watchdog announced Friday. Exchanges and other financial institutions reported more than $590 million in payments tied to ransomware attacks, including cryptocurrency payments, to the Financial Crimes Enforcement Network (FinCEN) in the first half of 2021, outstripping a 2020 … Read moreRansomware Payments in 2021 Already Dwarf Last Year’s Total, FinCEN Reports

Bitcoin Spikes After Bloomberg Reports SEC Won’t Block Futures ETF

Bitcoin rallied late Thursday following a Bloomberg report that a bitcoin futures exchange-traded fund (ETF) will clear the U.S. Securities and Exchange Commission (SEC). The top cryptocurrency was up 3.5% in less than an hour, nearing $60,000 for the first time since May, according to CoinGecko. The SEC is reviewing around 40 bitcoin ETF filings … Read moreBitcoin Spikes After Bloomberg Reports SEC Won’t Block Futures ETF