Decentralization

Albanian police have said they have dismantled a crime ring based in the city of Korce that defrauded Greek citizens by withdrawing thousands of euros from their bank accounts.

Around 5,000 people in Greece were defrauded by the gang, which was led by a 30-year-old man from Tirana and a 29-year-old man from Korce, police said.

Today, a startling discovery unfolded in the Bulgarian town of Dupnitsa as three cryptocurrency machines were found within the confines of the stadium's municipal premises. The unanticipated uncovering took place during an inspection by officers who promptly filed a report upon their discovery.

Lithuania finds itself at the forefront of cryptocurrency expansion within the EU, boasting one of the largest counts of crypto companies. However, this surge has prompted regulators to sound the alarm, citing concerns about potential misuse for money laundering and criminal endeavors, as reported by Latvian public electronic media.

A much-anticipated US approval of wider bitcoin trading has helped the world's biggest cryptocurrency reach 20-month heights, risking however pain for new investors unaccustomed to its volatility.

Bitcoin this week reached above $44,000 for the first time since April last year, yet still remains far from a record-peak of almost $69,000 in 2021.

Bitcoin, the leading cryptocurrency, surged nearly 5% to cross the elusive 40,000 threshold, marking its remarkable resurgence in over 18 months. This notable climb continued the digital currency's year-long recovery, fueled by anticipations of reduced interest rates and heightened demand from the exchange-traded fund (ETF) sector.

The advent of blockchain and cryptocurrencies has taken the entertainment industry to a whole new level. These digital currencies have enabled the gaming world to reach more players worldwide by simplifying transactions between companies and gamers.

All those who understand the matter claim that the wealthiest individuals in the world and the largest institutions are entering the crypto industry and that Montenegro, as a small country, has a chance to profit if it becomes one of the first to regulate this field.

The first CryptoKTV investors' event, bringing together solid VCs, HNWI, and industry leaders, will take place on 3rd August in Istanbul at Shangri-La Bosphorus Hotel. 

OpenAI chief executive Sam Altman, along with two co-founders, launched yesterday the Worldcoin crypto project, saying they aim to grant users a verified digital identity and access to a financial network.

Cryptocurrencies are here to stay, and no amount of denial will change this fact. About 6.9 billion people have access to smartphones, and almost all of them can access the internet in one way or another. Everyone is a potential crypto user, even in regions where these assets are still unregulated.