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Crypto-backed mortgages, according to a research released on May 2 by the rating agency Weiss Ratings,'spell risk.' Weiss editor Jon D. Markman called backing a mortgage with cryptocurrency a 'interesting approach,' but cautioned that 'investors should be wary' in these market conditions.

100,000 Cubans are leveraging crypto assets, according to a report from the National Broadcasting Company (NBC), a broadcast television and radio network. According to the report, growing crypto usage is attributable to the fact that Cubans are unable to utilize certain payment methods due to US sanctions.

'Cryptocurrencies have clearly established themselves as a new asset class and it genuinely is something that people can't ignore,' says an official at Wisdomtree, an asset management business with $78 billion under management. 'We are passed the point where there is speculation about whether or not this is a trend that will stick around,' he added.

A serving military captain and the operator of a cryptocurrency exchange were recently arrested in South Korea on suspicion of espionage for a North Korean hacker. The two South Koreans were allegedly paid a total of $637,789 in bitcoins in exchange for their espionage activities.

Elon Musk, the CEO of Tesla and SpaceX, has persistently backed dogecoin, a cryptocurrency based on memes. He indicated in October that he had invested in it, as well as bitcoin and ether.

If this real estate listing is any indication, Connecticut's Gold Coast will soon become the Crypto Coast.

Allowing a competitive currency market to emerge would strengthen the dollar now while also ensuring its future role as the world's reserve currency.

Three Nigerian citizens are accused of buying bitcoin worth more than $43 million through cryptocurrency trading platforms including Binance and Busha with money laundering profits. Between October and November 2020, the trio is accused of transferring approximately $215 million from Nigeria to Kenya.

Shakhtar Donetsk, one of Ukraine's most popular soccer teams, will offer a collection of non-fungible tokens (NFTs). The team plans to auction off numerous autographed jerseys to generate money for Ukrainians affected by Russia's continuing conflict.