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Over 46,000 people reporting losing more than a billion dollars in crypto to scams since the start of 2021

Utah Software Engineer Mints Physical Bitcoins

the staff of the Ridgewood blog

Ridgewood NJ, if the cryptocurrency craze feels like a tempting way to make money, or you think you’re missing out, read on. Because, according to the FTC’s new data spotlight, scammers are banking on what you don’t know about cryptocurrency — or scammers’ tricks. And that could cost you serious money.

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6 Things You Didn’t Know About Crypto

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Cryptocurrency has revolutionized the way people transfer money around the world. Nevertheless, cryptocurrency is widely misunderstood. Most people think it’s Bitcoin or Ethereum, but there’s a lot more to learn about cryptocurrency. In fact, there are now thousands of cryptocurrencies out there. This post will help you understand what it is and why it is so widely used.

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American Oligarchs Behind Economic War on Russians

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By Charles Stampul

This is an attempt to make sense of the war that is now threatening Americans. Everything that follows is pure speculation for entertainment purposes only. Continue reading American Oligarchs Behind Economic War on Russians

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Market Freakishly Unalarmed by Weekend Developments

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By Charles Stampul
It’s not the actions on the ground and in the air, but the financial war measures enacted by the US and EU that should have market participants worried.  In response to Russia’s invasion of Ukraine, Western governments are going after Russia’s currency and banking system with seemingly no awareness of the risks of either retaliation by Russia or contagion.

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Peer-To-Peer Trading: A Complete Bitpapa Guide To P2P Trading

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What Is P2P Or Peer-To-Peer Trading?

The act of purchasing or selling cryptocurrencies directly between individuals, without the involvement of a third party or middleman, is known as peer-to-peer (P2P) trading. You don’t get to perform transactions with the adversary when you transact cryptocurrencies on a typical exchange. You use charts, graphs, or other indicators to decide the best time to buy, sell, or keep cryptocurrencies. The market price sets your ultimate price at the transaction time, and the exchange organises the purchase on your behalf.

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‘Crocodile of Wall Street’ and Her Husband Arrested for Alleged Conspiracy to Launder $4.5 Billion in Stolen Cryptocurrency

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Government Seized $3.6 Billion in Stolen Cryptocurrency Directly Linked to 2016 Hack of Virtual Currency Exchange

the staff of the Ridgewood blog

New York NY, two individuals were arrested this morning in Manhattan for an alleged conspiracy to launder cryptocurrency that was stolen during the 2016 hack of Bitfinex, a virtual currency exchange, presently valued at approximately $4.5 billion. Thus far, law enforcement has seized over $3.6 billion in cryptocurrency linked to that hack.

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Walmart preparing to enter the Metaverse

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the staff the Ridgewood blog

Teterboro NJ , Walmart plans to create its own cryptocurrency and NFTs as it enters the metaverse. The retailer filed seven new trademarks indicating its intent to make and sell virtual goods late last month. Walmart declined to comment on the filings, saying that the company continuously explores new technologies and that not all ideas become products or services. Many companies have been rushing to claim property in the metaverse to make sure that their intellectual property is protected in the space.

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US Banks Form Group to Offer USDF Stablecoin Backed by the FDIC

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the staff of the Ridgewood blog

Ridgewood NJ, a group of institutions backed by the Federal Deposit Insurance Corp. plans to offer a new stablecoin called USDF. Founding members of the group include Synovus, New York Community Bank, and Sterling National Bank. USDF will be a bank-minted alternative to USDT and USDC. It will operate on the Provenance blockchain and be redeemable for cash from any of the group’s members. USDF aims to address the consumer protection and regulatory concerns of nonbank-issued stablecoins. What could possibly go wrong with that?

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The Republic of Palau Goes Crypto

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the staff of the Ridgewood blog

Ridgewood NJ, The Republic of Palau has partnered with Cryptic Labs to launch a digital residency program using Cryptic Labs’ Root Name System. Global citizens will be able to claim digital residency backed by the Republic of Palau using the blockchain and receive perks of residency without physically living there. Approved applicants will be issued a physical resident ID card and digital ID in the form of an NFT. Cryptic Labs has yet to announce which blockchain the protocol will use.

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Important Things To Remember When Investing in Glimmer Tokens

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In a not so distant future, cryptocurrencies have taken over every financial transaction around the world. One of the best representing virtual currencies is Glimmer. It has become very popular with its high-tech blockchain technology. So if you want to invest, here are some things to remember.

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How To Develop A Cryptocurrency – The Complete Guide

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photo by Boyd Loving of the empty Hudson Parking Garage

the staff of the Ridgewood blog

Ridgewood NJ, so you want to become a blockchain billionaire ,or maybe you think the Village or Township or Borough could use a token , this new tutorial teaches developers how to create a cryptocurrency using Solidity and the ERC20 Token standard. Readers will learn how to develop and deploy Ethereum Smart Contracts, create ERA20 Tokens, set up local Ethereum development environments, deploy on Polygon Mumbai, and visualize custom tokens on MetaMask. No previous Solidity knowledge is required.

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Abu Dhabi seeks to become the leading cryptocurrency center in the Middle East

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the staff of the Ridgewood blog

Abu Dhabi, the capital of the United Arab Emirates, has joined Dubai in stepping up its efforts to attract crypto-focused businesses as it seeks to become the leading cryptocurrency center in the Middle East.

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“Crypto-Mania” : Cryptocurrency Investors Expect Big Gains

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the staff of the Ridgewood blog

Ridgewood NJ, the market for cryptocurrencies like Bitcoin is soaring, and the chance to get rich is the main selling point for investors.

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New Jersey Bureau of Securities Shuts Down 5 Fraudulent Cryptocurrency Investment Opportunities

Utah Software Engineer Mints Physical Bitcoins

the staff of the Ridgewood blog

Ridgewood NJ,  Acting Attorney Andrew J. Bruck today announced that the Bureau of Securities has issued five orders to companies touting fraudulent investment opportunities relating to cryptocurrencies, directing them to stop operating in violation of New Jersey law.

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New Jersey Bureau of Securities Orders Cryptocurrency Firm Celsius to Halt the Offer and Sale of Unregistered Interest-Bearing Investments

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the staff off the Ridgewood blog

Ridgewood NJ,  acting Attorney General Andrew J. Bruck today announced that the Bureau of Securities is taking action to protect investors from sales of unregistered securities in the form of interest-earning cryptocurrency products by ordering a Hoboken-based cryptocurrency firm to stop offering and selling those products.

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