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arusso • Jul 21, 2023, 2:43 pm EDT

US Justice Department Supercharges Crypto Crime Unit

In a decisive move to bolster its digital crime unit, the United States Department of Justice (DoJ) announced on Thursday, July 20 its strategy to fortify the National Cryptocurrency Enforcement Team (NCET), marking a significant expansion of resources in the fight against cryptocurrency-related offenses. The department plans to more than double the staff of its cryptocurrency crime division, established in 2021, merging it with the Computer Crime and Intellectual Property Section (CCIPS). Nicole Argentieri, a senior Justice Department official, made the announcement at the Center for Strategic and International Studies, emphasizing that the merger would extend the resource pool and

3 minutes

johnd • Jul 20, 2023, 8:13 pm EDT

Embracing FedNow: Unveiling the Centrally Controlled Instant Payment Infrastructure, a New Era Beyond CBDCs

Discover FedNow: A closer look at the centrally controlled instant payment infrastructure poised to transform transactions. Explore its implications beyond CBDCs, as real-time payments redefine the landscape of digital finance.

6 minutes

carlp • Jul 20, 2023, 3:01 pm EDT

A Harrowing Credit Tale: American Credit Scores Plunge Amid Mounting Debt

In recent years, tens of millions of American consumers have witnessed a significant boost in their credit scores. Thanks to government stimulus checks, low interest rates, and a pause on student loan repayments, an economic reprieve seemed to be in sight. However, that all seems to be unravelling as the nation confronts the abrupt plunge of credit scores.

4 minutes

satoshin • Jul 11, 2023, 4:20 pm EDT

Bank of America Slapped With $250M Fine for Exploitative Banking Practices

In a recent crackdown on exploitative banking practices, Bank of America has been hit with a $250 million fine. Federal regulators have accused the bank of executing dubious maneuvers like double-charging customers fees, opening unauthorized accounts, and withholding promised credit card perks.

3 minutes

satoshin • Jul 4, 2023, 6:06 pm EDT

Bitcoiners Celebrate Independence Day: A Reflection on Freedom, Fairness, and Financial Revolution

As fireworks light up the Fourth of July sky, Bitcoin enthusiasts nationwide are celebrating more than just Independence Day. With fervor, they herald what they perceive as a new era of financial liberty and sovereignty, taking inspiration from historical figures like Benjamin Franklin and Thomas Jefferson. As a backdrop to this unique celebration, Bitcoin prices over the past decade serve as a testament to this digital currency’s explosive growth and its transformation into a global phenomenon. In celebrating this day, Bitcoiners are harking back to Benjamin Franklin’s critique of King George’s financial policies. Franklin once stated, “The refusal of King

2 minutes