THE DAILY ENCRYPT

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Nevada Man Pleads Guilty In $722 Million Bogus Crypto Investment

A Nevada man has acknowledged to participating in the money laundering plan for the Bitclub Network, a $722 million fake crypto operation. Gordon Brad Beckstead of Henderson, Nevada, pled guilty Friday in connection with the Bitclub Network scheme, the US Department of Justice reported. Beckstead, 57, entered a plea of guilty by videoconference in a

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Malaysia Will Not Adopt Bitcoin as Legal Tender, Government Says

Malaysia’s deputy finance minister has clarified that the government will not adopt cryptocurrency as legal tender. “Cryptocurrencies like bitcoin are not suitable for use as a payment instrument due to various limitations,” he said. Bitcoin Will Not Be Legal Tender in Malaysia, Says Deputy Finance Minister Following reports that a high-ranking government official has proposed

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What Does Goldman Sachs New Landing Page Say About Crypto

Goldman Sachs’s home page now reads, “From cryptocurrencies to the metaverse, explore the megatrends that are reshaping economies”. The investment bank has featured information on cryptocurrencies and metaverses, which is quite the change in the narrative given how Wall Street was not exactly well disposed towards cryptocurrencies in the past. The “Digitization” page leads to

Here’s Why Solana (SOL) Is On The Rise Lately

Anyone watching the charts recently will have noticed that Solana (SOL) has been on an impressive uptrend recently. The digital asset had grown from where it had been trending around the $88 price range and has once again made it above $100. While this is a welcome trend for the market, especially Solana investors, we