The governor of Hungary’s central bank has called for a ban on cryptocurrency trading and mining in the European Union. “It is clear-cut that cryptocurrencies could service illegal activities and tend to build up financial pyramids,” he said. Hungarian Central Bank Chief Wants EU-Wide Crypto Trading and Mining Ban The Hungarian National Bank, the central […]

Netflix has ordered a documentary series about the couple who allegedly laundered billions of dollars from the 2016 Bitfinex hack. Aspiring rapper Heather Morgan and her husband, Ilya “Dutch” Lichtenstein, were arrested in New York this week. The Department of Justice (DOJ) also seized 94,636 bitcoins stolen from the Bitfinex hack. Documentary Series About the […]

What's in store for the China crypto scene in 2022? Blockchain gaming, NFTs, and DAOs.

Governor Matolcsy of the Central Bank of Hungary has expressed support for the idea of a crypto ban in the EU. He noted in a statement, China declared all cryptocurrency activities illegal last September (…) I perfectly agree with the proposal and also support the senior EU financial regulator’s point that the EU should ban […]

The Netflix documentary will be about a New York-based couple and their link to laundering nearly 120,000 BTC tied to the crime.

Governor György Matolcsy reciprocated the need for a crypto ban, currently imposed by China and proposed by Russia's central bank.

The producers of ‘Tiger King’ and ‘FYRE’ are teaming together to create a new Netflix series based on the true-life story of Ilya ‘Dutch’ Lichtenstein and Heather Morgan, who was arrested this week on charges of conspiring to launder $4.5 billion in Bitcoin. A total of $3.6 billion was seized by the authorities.  Netflix said today that it has approved a documentary series about the couple accused of attempting to launder funds obtained from the 2016 Bitfinex hack, one of the largest exchange hacks in Bitcoin history. This is the firm’s newest move into the crypto-crime world. Last year, Netflix announced the release of  ‘Trust No One: The Hunt for the Crypto King’, a film about the QuadrigaCX exchange, whose founder Gerald Cotten died suddenly while controlling the keys to users’ wallets, resulting in the loss of millions of dollars in Bitcoin and other cryptocurrencies. Lichtenstein and Morgan were detained in New York on Tuesday and charged with fraud and money laundering for allegedly attempting to launder 120,000 bitcoins over a period of time. Officials from the Justice Department allege they did so by using Bitcoin ATMs, altcoin transactions, and non-fungible token purchases. On the day of their arrest, the two appeared in federal court and will face a new bail hearing on Monday. Morgan had a larger social media presence than Lichtenstein, the founder of the now-defunct blockchain business Endpass. The crypto entrepreneur was active on TikTok and Instagram and had a collection of NFTs on OpenSea until recently. She also went by the stage name “Razzlekhan’ Morgan, who was the CEO of Endpass. She also contributed to Forbes, where she penned many pieces, one of which was titled ‘Protect Your Business from Cybercriminals.’ Chris Smith will direct and executive produce the new series alongside Nick Bilton, who directed the documentary ‘FYRE: The Greatest Party That Never Happened’ and worked as an executive producer on ‘Tiger King.’ Bilton published the book ‘American Kingpin,’ on the hunt for Silk Road creator Ross Ulbricht, and produced the Elizabeth Holmes documentary ‘The Inventor: Out for Blood in Silicon Valley.’ Morgan and Lichtenstein may face up to 25 years in jail if convicted.

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Gross Profit Percentage for the Quarter ended December 31, 2021 Increased 1% versus Prior Year and 8% versus Prior Quarter Net loss per Share of $(0.31) for the Third Quarter Compared to a Net Loss per Share of $(0.32) for the Prior Year $8.5 Million of Cash and Strengthened Balance Sheet WOODSTOCK, Ga.–(BUSINESS WIRE)–Sonoma Pharmaceuticals, […]

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Netflix ordered the yet-to-be-named documentary series from the creators of "Tiger King" and "FYRE" into production.

What is the current setting of nation-state monetary dependency, and where could Bitcoin take us?

Several nations have already outlawed cryptocurrencies like bitcoin, with China being the most high-profile example. The People’s Republic of China infamously declared all virtual currency-related activities illegal last year. Last month, Russia’s central bank called for an absolute ban on crypto mining and use within its borders. Now, the governor of the Hungarian National Bank, […]

Long Live the King There is no fighting game franchise I’ve spent more time playing than The King of Fighters....

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