This 25-year-old crypto YouTuber quit college, made millions last year

This 25-year-old crypto YouTuber quit college, made millions last year

This story is part of CNBC Make It’s Millennial Money series, which details how people around the world earn, spend and save their money. In late 2018, Brian Jung, then 21, decided to drop out of college to pursue full-time entrepreneurship. His South Korean immigrant parents were taken aback: Jung had some part-time e-commerce side … Read more

US dropped the ball on crypto regulation

US dropped the ball on crypto regulation

WASHINGTON – The U.S. has dropped the ball on crypto regulation, according to Securities and Exchange Commissioner Hester Peirce, and she says the knock-on effects of that failure keep her up at night. “There’s a lot of fraud in this space, because it’s the hot area of ​​the moment,” Peirce told CNBC on the sidelines … Read more

Overnight Availability of Funds to Transform the BTM

Overnight Availability of Funds to Transform the BTM

MIAMI, May 25, 2022 (GLOBE NEWSWIRE) – BankLine announced a Master Licensing Agreement with Provisional Posting LLC for the distribution of a patent-pending software solution that allows Crypto-friendly banks to provide overnight availability of funds to Bitcoin ATM Operators. This innovation revolutionizes the Bitcoin ATM (BTM) industry by optimizing the rotation of capital, eliminating the … Read more

Young Indians Hit Hard by Crypto Crash But No Plans To Stop Investing Yet

Young Indians Hit Hard by Crypto Crash But No Plans To Stop Investing Yet

“I absolutely don’t have the courage to look at my crypto investments right now. They’ve been more than halved! ” Yumna Ahmad, who works as a communications professional at OP Jindal Global University, has not yet had the courage to confront the carnage that has ravaged her crypto investments over the last few weeks. But … Read more

If Earth and Moon hadn’t tanked bitcoin, something else would have triggered this latest crypto crash

If Earth and Moon hadn’t tanked bitcoin, something else would have triggered this latest crypto crash

TerraUSD USTUSD, + 1.28% and THE MOON THE MOON, -4.26% are being falsely accused for what’s come to be known as the “crypto crash.” A good counterargument can be made that the real culprit is bitcoin’s BTCUSD, + 1.87% overvaluation. The notion that bitcoin’s fair value can even be calculated may take some getting used … Read more

‘Never invest more than you can afford to lose’ and other tips to keep yourself safe from crypto crashes

‘Never invest more than you can afford to lose’ and other tips to keep yourself safe from crypto crashes

“I thought crypto is profitable. This has really taken a toll on my mental health. ” Mumbai-based student Ajay Mutke sums up the sentiment among thousands of crypto investors following the dramatic crash in the value of cryptocurrencies in recent days. The 26-year-old who borrowed Rs 50,000 from his father for investing in crypto, says … Read more

Action News Troubleshooters: Experts issue warning to protect your cryptocurrency accounts from hackers

Action News Troubleshooters: Experts issue warning to protect your cryptocurrency accounts from hackers

MARLTON, New Jersey (WPVI) – This is a warning for anyone dabbling or investing in cryptocurrency. A South Jersey man turned to the Troubleshooters after hackers took tens of thousands of his money. Vibhor Jain of Marlton, Burlington County, says he feels physically sick every time he thinks about his depleted cryptocurrency account. “This is … Read more

If Earth and Moon hadn’t tanked bitcoin, something else would have triggered this latest crypto crash

If Earth and Moon hadn’t tanked bitcoin, something else would have triggered this latest crypto crash

TerraUSD USTUSD, -12.62% and THE MOON THE MOON, -4.26% are being falsely accused for what’s come to be known as the “crypto crash.” A good counterargument can be made that the real culprit is bitcoin’s BTCUSD, + 0.38% overvaluation. The notion that bitcoin’s fair value can even be calculated may take some getting used to, … Read more

managing your financial life using digital coins

managing your financial life using digital coins

Many people have bought and sold cryptocurrencies as an investment, yet trying to live on a salary paid in crypto is tricky. Alyssa Howell spent much of her career in the gold-mining industry before joining a crypto-wallet company last fall that pays all of its employees in bitcoin. The Denver-area resident said learning the ins … Read more

Tether claims USDT stablecoin is backed by non-US bonds

Tether claims USDT stablecoin is backed by non-US bonds

Tether previously claimed its stablecoin was backed 1-to-1 by US dollars. Justin Tallis | Afp | Getty Images The issuer of the stablecoin tether said in a report that the controversial digital currency is now backed in part by “non-US” government bonds. Stablecoins are a type of cryptocurrency pegged to the value of sovereign currencies … Read more