cryptocurrency

Sam Bankman-Fried, founder of the bankrupt cryptocurrency exchange FTX, has been convicted on seven counts, including wire fraud, conspiracy to commit wire fraud, and conspiracy to commit money laundering.

Zero-COVID, a fake crypto exchange, Elon Musk’s content moderation, and other technologies gone horribly wrong.

As of Wednesday, December 1, 2021, Konzum is allowing customers to pay in cryptocurrencies in its online store, making it the first supermarket chain in Croatia to enable this type of payment. Thus, natural and legal persons, owners of cryptocurrencies, can now buy and pay for groceries, toiletries, household goods, and other 12,000 products from the Konzum webshop’s rich offer.

Are cryptocurrencies the future of finances or will they be adopted into the monetary system under the regulation of national institutions? The financial sector faces the dilemma.