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Germany’s Federal Financial Regulator Warns Investors Over Bulgarian Crypto Broker

Bulgarian crypto broker, 5 Capital, has been offeringfinancial services to investors without being approved by the Germany financial watchdog, the Federal Financial Supervisory Authority (BaFin). This is against the regulations that guide crypto firms in Germany, as every crypto firm is expected to apply from and obtain an authorized license from BaFin before entering into … Continue reading Germany’s Federal Financial Regulator Warns Investors Over Bulgarian Crypto Broker

Bulgaria to Introduce Crypto Payment Options

For a country currently not in the Eurozone, Bulgaria plans to introduce a government-backed digital currency payment initiative “in short to medium term.” According to a Bloomberg report, citing Assen Vassilev, Bulgaria’s deputy prime minister for EU Funds and minister of Finance, the government is currently in discussion with industry stakeholders and the Bulgarian National … Continue reading Bulgaria to Introduce Crypto Payment Options

Bulgarian Authorities Accuse Four Persons After Nexo Office Raid

Reports indicate that after the execution of a search warrant at the offices of the cryptocurrency lender Nexo in Sofia, the capital city of Bulgaria, four persons have been charged with criminal offenses and brought before the appropriate authorities. In a report that was made public by Bloomberg on the 13th of January, the police … Continue reading Bulgarian Authorities Accuse Four Persons After Nexo Office Raid

Nexo Seeks $3 Billion in Damages from Bulgaria Over Investigation

Nexo, a cryptocurrency lending platform, has taken a significant legal step against the Republic of Bulgaria, seeking $3 billion in damages. This arbitration claim, filed through the World Bank’s International Centre for Settlement of Investment Disputes (ICSID) in Washington, D.C., centers around allegations that Bulgaria engaged in wrongful and politically motivated actions against the company. … Continue reading Nexo Seeks $3 Billion in Damages from Bulgaria Over Investigation

Navigating AI in Hospitality: Insights from Bulgarian Hoteliers

The integration of Artificial Intelligence (AI) in the hospitality industry, particularly in hotel management, is a rapidly evolving trend. The paper title “Automated decision-making: Hoteliers’ perceptions” extends the insights from a study on Bulgarian hoteliers’ perceptions of AI in decision-making. It focuses on how these professionals view the role of AI in various operational aspects … Continue reading Navigating AI in Hospitality: Insights from Bulgarian Hoteliers

Women in Blockchain: Alisa Berezutska of Krypton Events

The Next Block Asia held in Bangkok was a huge success in June 2019. Organized by Krypton Events, Next Block 2.0 will be back in Bangkok on Dec. 3, gathering blockchain leaders to discuss affiliate marketing in the age of crypto. We caught up with Alisa Berezutska, CEO of Krypton Events on her blockchain journey … Continue reading Women in Blockchain: Alisa Berezutska of Krypton Events

US Department of Justice Works with International Agencies to Crack Down NetWalker Ransomware

US authorities have disrupted a major ransomware operator that targets hospitals across the world amid the COVID-19 pandemic. The authorities have managed such efforts through the assistance of Chainalysis blockchain firm. The US Department of Justice, the Bulgarian General Directorate Combating Organized Crime, and the Bulgarian National Investigation Service have worked together to track down … Continue reading US Department of Justice Works with International Agencies to Crack Down NetWalker Ransomware

OneCoin Founder Ruja Ignatova Added to FBI's Most Wanted List

Ruja Ignatova, the fraudulent ‘CryptoQueen’ as she is known has been placed on the Federal Bureau of Investigation (FBI) list of the ten most wanted criminals. The addition of Ruja was based on her use of her OneCoin crypto company to defraud millions of investors around the globe in a scheme valued at about $4 … Continue reading OneCoin Founder Ruja Ignatova Added to FBI's Most Wanted List

Ambire Launches ‘Smart Wallet’ Series on Twitter Spaces to Educate and Engage Crypto Users

Sofia, Bulgaria, 27th July, 2022, Chainwire Following the debut of the first ‘Smart Wallet’ Twitter Spaces on July 21, Ambire is launching a fully-fledged infotainment series, held on Wednesday every week. Smart Wallet is designed to inform, guide and educate users of the crypto space about smart wallets, highlighting their strength as versatile instruments in … Continue reading Ambire Launches ‘Smart Wallet’ Series on Twitter Spaces to Educate and Engage Crypto Users

DeFi Project ChangeX launches its CHANGE token on Uniswap, HydraDEX to strong investor interest

Sofia, Bulgaria, 1st August, 2022, Chainwire DeFi project ChangeX has successfully launched its CHANGE token for trading on HydraDEX and Uniswap to strong investor interest, company officials said. The app supports several trading pairs in order to offer a broader range of possibilities to investors, BTC and ETH cross-chain swaps included. The CHANGE token launch … Continue reading DeFi Project ChangeX launches its CHANGE token on Uniswap, HydraDEX to strong investor interest