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How Crypto Ended Up at the Center of a Potential $20 Billion Internal Corruption Scandal in Venezuela — Bitcoin Mining Shutdown Results

The establishment of sanctions by the Trump administration towards PDVSA, the state oil company in Venezuela, reportedly forced the hand of the government in the country to find alternative means of payment for crude oil. According to reports, more than $3 billion are missing from these payments that were brokered by Sunacrip, the national crypto […]
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Toshi Tools Launches Market Data App for Crypto Traders

PRESS RELEASE. Calgory, Alberta, March 24th 2023, Chainwire. Toshi Tools, an all-in-one crypto information app, is launching to provide crypto traders with the tools they need to succeed. An intuitive design and suite of unique features will empower users to navigate the complex world of cryptocurrency markets. The first recipients of the Toshi Tools app […]
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Nigerian Digital Currency Transactions up 63% Says Central Bank Boss

According to the Nigerian central bank governor, central bank digital currency or e-naira transactions have gone up 63% to $47.7 million, while the number of downloaded wallets since Oct. 2022 is around 13 million. The governor attributed the rise in the value of CBDC transactions to the Nigerian government’s use of the e-naira when transferring […]
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Hindenburg Research Blasts Jack Dorsey’s Block, Alleges It Facilitated Fraud and Inflated User Metrics

Hindenburg Research, a financial research firm, has issued a report claiming that Jack Dorsey’s Block, formerly known as Square, has facilitated fraud for criminals, allowing them to conduct criminal activities using the platform. The report alleges that the company failed to exert know-your-customer (KYC) procedures, leading to inflated user metrics. Jack Dorsey’s Block