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Ripple Holds Over $70B in XRP. Why is Ripple's Equity Valued at $3B?–Novogratz
Forex

Ripple Holds Over $70B in XRP. Why is Ripple’s Equity Valued at $3B?–Novogratz

Galaxy Digital founder Mike Novogratz has taken to Twitter to point out the massive disparity between Ripple’s estimated equity price and its XRP holdings.  “Ripple equity is ‘trading’ in secondary market at $2-3bn valuation,” he wrote.  However, “the $XRP on their balance sheet is worth approx $70bn. One price seems wrong.” If $XRP price is …

SimpleFX
Forex

SimpleFX

Before 2017, cryptocurrencies were struggling for adoption and embracing new platforms and financial spheres. Now, numerous entities from governments and corporations to online shops look to implement blockchain solutions and start accepting cryptocurrencies. CFD brokers are not an exclusion. Today we will review SimpleFX, a platform registered as a CFD broker in Saint Vincent and …

US CFTC Orders Ponzi Scheme Operator To Pay $32 Million Fine
Forex

US CFTC Orders Ponzi Scheme Operator To Pay $32 Million Fine

A US District Court for the District of Nevada has fined Circle Society and owner David Gilbert Saffron for operating a cryptocurrency ponzi scheme. This is according to the Commodity Futures Trading Commission (CFTC). Circle Society Ponzi Scheme The regulator stated that both the Nevada-based corporation and its operator have to pay $32 million as …

US Court Orders Crypto Ponzi Scheme Operator to Pay $32 Million
Forex

US Court Orders Crypto Ponzi Scheme Operator to Pay $32 Million

A federal court in Nevada has entered a default judgment against Circle Society and its operator David Gilbert Saffron for running a cryptocurrency fraud and misappropriation scheme.  The case was brought to court by the Commodity Futures Trading Commission (CFTC), and on Thursday, the regulator announced that the Nevada-based corporation and the Australian man residing in the …

Overbit’s CEO and founder, Chieh Liu
Forex

Overbit CEO: “Everyone wants to see crypto continue to grow”

In a recent interview, Chieh Liu gave Coinjournal some exclusive insights into the recent Overbit survey, as well as the inner workings and mentality of a thriving cryptocurrency exchange We spoke with Overbit’s CEO and founder, Chieh Liu, to discuss Overbit’s future plans, a day in the life for a tech CEO and picked his …

Overbit CEO interview April 2021
Forex

Overbit CEO interview April 2021

In a recent interview, Chieh Liu gave Coinjournal some exclusive insights into the recent Overbit survey, as well as the inner workings and mentality of a thriving cryptocurrency exchange We spoke with Overbit’s CEO and founder, Chieh Liu, to discuss Overbit’s future plans, a day in the life for a tech CEO and picked his …

Charles Schwab Is Hiring a Compliance Director for its “Virtual Currency Business”
Forex

Charles Schwab Is Hiring a Compliance Director for its “Virtual Currency Business”

Bitcoin News Charles Schwab Is Hiring a Compliance Director for its “Virtual Currency Business” Charles Schwab, the brokerage service provider, is now further making its way into the cryptocurrency industry with its latest hiring for a “Futures/Forex Compliance Director.” According to the job description, the Director is for the company’s Futures Compliance Team that supervises …

Forex

US Court Orders Crypto Ponzi Scheme Operator to Pay $32 Million

A federal court in Nevada has entered a default judgment against Circle Society and its operator David Gilbert Saffron for running a cryptocurrency fraud and misappropriation scheme.  The case was brought to court by the Commodity Futures Trading Commission (CFTC), and, on Thursday, the regulator announced that the Nevada-based corporation and the Australian man residing …