Search Results for: Western

Western Australian Police Force Seized 1.5 Million Worth of Crypto in a Drug Investigation

The Australian Border Force (ABF), the Western Australian Police Force announced that the force has arrested a 27-year-old man and a 25-year-old woman over drug probe, seizing and frozen an incredible amount of 1.5 million worth of cryptocurrency found in the electronic device held by the culprits. According to the report, officers from the Australian … Continue reading Western Australian Police Force Seized 1.5 Million Worth of Crypto in a Drug Investigation

Western Union Makes Offer to Acquire Cross-Border Payments Firm MoneyGram

Financial giant, Western Union is in discussions to acquire cross-border payments company MoneyGram according to a June 1 article by Bloomberg. Western Union Co. is seeking to acquire MoneyGram International Inc. in a transaction that would bring together two of the largest US providers of cross-border payments. The news comes via an anonymous Bloomberg source, … Continue reading Western Union Makes Offer to Acquire Cross-Border Payments Firm MoneyGram

Western Union Counts its Losses in Advance as El Salvador Bitcoin Era Begins

Western Union and the majority of money service providers operating in El Salvador may lose their grip in the country as the new Bitcoin era becomes entrenched. CNBC reported, citing El Salvadorans living in the diaspora, there is an excitement about the potential reduction in remittance fees being passed on by companies like Western Union onto their … Continue reading Western Union Counts its Losses in Advance as El Salvador Bitcoin Era Begins

Ruble-Crypto Trading Soars amid Western Sanctions on Russia

On Monday, trading volumes between the Russian ruble and the Tether cryptocurrency surged as Western powers slapped sanctions on Russia over the Ukraine-Russia war, Reuters reported on Feb. 28. Interest towards cryptocurrencies has surged to avoid economic stress and protect their funds and savings from the Russian invasion of Ukraine, Western sanctions, as well as … Continue reading Ruble-Crypto Trading Soars amid Western Sanctions on Russia

Trademark Applications Show Western Union Entering Crypto Space

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Iran Joins BRICS to Reduce Reliance on Western Economic Systems

Iran’s recent accession to the BRICS economic organization, a coalition led primarily by China, marks a significant development in international geopolitics, particularly in the context of the country’s ongoing economic challenges and diplomatic isolation. This move, officially commencing on January 1, 2024, represents Tehran’s attempt to navigate the impacts of U.S. sanctions and its broader … Continue reading Iran Joins BRICS to Reduce Reliance on Western Economic Systems

Report by Bitget Reveals 1.5 Million Daily Active Crypto Traders in Western Europe

Bitget Research, the research arm of a prominent cryptocurrency exchange and Web3 company, has released a comprehensive report examining the structure and current landscape of the cryptocurrency markets in Western Europe. The report sheds light on the region’s growing adoption of cryptocurrencies, with a substantial number of daily active traders estimated to be between 1.2 … Continue reading Report by Bitget Reveals 1.5 Million Daily Active Crypto Traders in Western Europe

Exclusive: Bitcoin – The Killer App in Africa and Latin America?

In driving financial inclusion and FinTech adoption in emerging markets, Ray Youssef, CEO of Paxful explains the key challenges in Bitcoin adoption in Africa and the strategies penetrating into the African markets. We are glad to have an in-depth interview with Ray, on Paxful’s strategies into Africa and Latin America. He also explained the biggest … Continue reading Exclusive: Bitcoin – The Killer App in Africa and Latin America?

Exclusive: Arbitrage – the Key Business Opportunity Brought by Blockchain

Following the latest update of Paxful, Ray took a step back and shared to us his inspiration to set up Paxful and what he learnt from 11 failed startups! He then identified arbitrage as the key business opportunities by blockchain and instead of decentralization, peer to peer should be the core value preposition of Bitcoin! … Continue reading Exclusive: Arbitrage – the Key Business Opportunity Brought by Blockchain

Exclusive: Did Facebook Copy Hedera Hashgraph's Governance Model?

Exclusive interview with Sami Mian: Part 1 “Imitation is the sincerest form of flattery.” When Facebook released Libra’s whitepaper, Hedera Hashgraph allegedly “thanks” Facebook for imitating their governance model, what is the story behind? We spoke exclusively with Sami Mian, the Head of Japan and Korea for Hedera Hashgraph, to reveal the hidden story of … Continue reading Exclusive: Did Facebook Copy Hedera Hashgraph's Governance Model?

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