crypto

Argentina’s Milei faces impeachment for promoting crypto scam

https://thegrayzone.com/2025/02/17/milei-impeach-crypto-scam/
Created
Tue, 18/02/2025 - 07:40

The Argentinean president branded himself as an edgy economic genius to ride a wave of financial discontent to power. Now he’s implicated in one of the biggest scams in history, wiping out over $4 billion in market cap in a few hours, leaving Argentineans wondering if they’ve also been rugged. Argentina’s President Javier Milei has been accused of fraud, and is likely to face impeachment charges, after he promoted a sham cryptocurrency token which allowed a handful of con artists […]

The post Argentina’s Milei faces impeachment for promoting crypto scam first appeared on The Grayzone.

The post Argentina’s Milei faces impeachment for promoting crypto scam appeared first on The Grayzone.

Presidente Milei enfrenta juicio político por promover una criptoestafa

https://thegrayzone.com/2025/02/18/milei-enfrenta-juicio-criptoestafa/
Created
Wed, 19/02/2025 - 04:20

El presidente argentino que se autodenomina como un controversial genio económico para surfear la ola del descontento económico que lo condujo al poder. Ahora está implicado en una de las mayores estafas de la historia, borrando más de 4 mil millones de dólares de capitalización del mercado en pocas horas, dejando a los argentinos preguntándose si ellos también fueron timados. El presidente de Argentina, Javier Milei, ha sido acusado de fraude, y es probable que enfrente un juicio político, luego […]

The post Presidente Milei enfrenta juicio político por promover una criptoestafa first appeared on The Grayzone.

The post Presidente Milei enfrenta juicio político por promover una criptoestafa appeared first on The Grayzone.

With the arrival of stablecoins, is it time to pay farewell to traditional payment rails?

https://bankunderground.co.uk/2024/11/14/with-the-arrival-of-stablecoins-is-it-…
Created
Thu, 14/11/2024 - 20:00
Aly Soliman Stablecoins have emerged as an innovative form of money in the financial landscape. While they represent a small fraction of the global financial system, stablecoins have grown by US$30 billion in the last few months (as reported on DefiLlama). The potential effect of stablecoins on the payment industry could be substantial and merits … Continue reading With the arrival of stablecoins, is it time to pay farewell to traditional payment rails? →

Flash loans, flash attacks, and the future of DeFi

https://bankunderground.co.uk/2023/05/25/flash-loans-flash-attacks-and-the-futu…
Created
Thu, 25/05/2023 - 18:00
Aidan Saggers, Lukas Alemu and Irina Mnohoghitnei Decentralised Finance (DeFi) may seem a tempting option for those seeking financial gain, autonomy, and self-governance… But how safe is a world in which ‘code is law’? Closer inspection reveals an ecosystem experiencing several hacks, attacks, and fraud. Estimates show at least US$6.5 billion has been stolen since … Continue reading Flash loans, flash attacks, and the future of DeFi →

Would Total Adoption of Crypto Make Banking & Government Finance Better? Accounting Says No

https://clintballinger.com/2021/12/03/would-total-adoption-of-crypto-make-banki…
Created
Fri, 03/12/2021 - 18:20
An important area of concern among many cryptocurrency proponents revolves around the idea that the current banking and government finance systems are inherently unstable or inflationary. Ultimately all finance is about debits and credits, assets and liabilities. How would total adoption of crypto by a country change these?
crypto