Chloe Goodwin

Chloe Goodwin is our junior contributor with a Ph.D. degree in Economics from HKU Business School. She began with a research career to switch to journalism and financial consulting. Cloe is mainly focused on personal financial planning and entrepreneurship, but also the cryptocurrency market.

Brazilian Crypto Exchange XDEX Closes Down

Brazilian Crypto Exchange XDEX Closes Down

Due to uncertainty in Brazilian crypto regulations, the XDEX cryptocurrency exchange shut down its business. Its customers were asked to withdraw all funds in the exchanges within 30 days as the company closes down its trading positions. Whatever was left in the platform after this period would be sold and deposited for the fiat equivalent …

Brazilian Crypto Exchange XDEX Closes Down Read More »

Venezuelan President Charged for Crypto Narco-Terrorism

Venezuelan President Charged for Crypto Narco-Terrorism

The US charged the Venezuelan President Nicolas Maduro for tapping into cryptocurrency for narco-terrorism. Maduro, alongside 14 other senior Venezuelan officials, allegedly used crypto to wreak havoc on American communities for an alleged multibillion-dollar cocaine trafficking ring for 20 years. According to Attorney General William Barr, Maduro flooded the US with cocaine and used drugs …

Venezuelan President Charged for Crypto Narco-Terrorism Read More »

Feds Turn to Crypto Assets for the Unbanked

Feds Turn to Crypto Assets for the Unbanked

The Federal Reserve plans to save its unbanked against the novel coronavirus. Because of this, US politicians are now considering the use of “crypto dollars” as a currency amid the COVID-19 economy. According to the House Financial Services Committee Chairwoman Maxine Waters, a legislative text called financial institutions to provide digital wallets. These wallets will …

Feds Turn to Crypto Assets for the Unbanked Read More »

Middle Easterners, Recommended the Use of Digital currency

Middle Easterners, Recommended the Use of Digital currency

In the midst of plummeting value in both oil and stock markets, Middle Easterners are turning to digital currencies for safety. The sudden oil price war between Saudi Arabia and Russia battered public confidence for these assets, experts believe that now is the best time to expand digital portfolios in the region. Digital assets’ accessibility, …

Middle Easterners, Recommended the Use of Digital currency Read More »

p

Crypto Agencies Get Competitive in Trust and Options

“Crypto enterprises failed because they utilize systems to provide suspicious services,” said crypto software developer Lukka CEO Jake Benson. Both Lukka and its rival Verady, announced they received System and Organization Control (SOC) confirmation on January 21. This shows that both companies are willing to address each other’s failures. SOC is a set of standards …

Crypto Agencies Get Competitive in Trust and Options Read More »

OneCoin Crypto Scam Thrives After Founder’s Arrest

OneCoin Crypto Scam Thrives After Founder’s Arrest

The Digital Forensic Research Lab (DFRLab) found an “astroturfing campaign” around the same time as OneCoin founder Ruja Ignatova disappeared. DFRLab is an entity under the US think tank The Atlantic Council. New York prosecutors arrested who they claimed was a “top leader” of the project in March last year. The accusation stated that his …

OneCoin Crypto Scam Thrives After Founder’s Arrest Read More »

Vodafone Exits Facebook’s Libra Association

Vodafone Exits Facebook’s Libra Association

International carrier Vodafone is the eighth founding member of Facebook’s cryptocurrency project, Libra, to leave the association. This is following the striking withdrawals from Mastercard, Visa, eBay, Mercado Pago, Stripe, PayPal, and Booking Holdings. The exit appears to be well-intentioned since the carrier focused on its service over regulatory concerns. Vodafone will instead dedicate its …

Vodafone Exits Facebook’s Libra Association Read More »

Subscribe to Our Newsletters

Have The Best Of Trade Market News Delivered Directly To Your
Mailbox. Subscribe To Receive The Latest Market News.