Currently, the country of Lebanon is going through one of the most severe economic recessions in its history. The country’s GDP fell to a projected US$20.5 billion in 2021. To put it in perspective how severe of a crisis the country is in — Lebanon’s gross domestic product was double that amount by 2018 (US$55 […]
About: FBustos
Posts by FBustos:
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News
Lebanese Citizens Opting For Cryptos Amidst The Country’s Severe Economical Crisis
Date: Story By: Fábian Bustos -
Bitcoin&News
Bitcoin Mining Firm Compute North Files for Bankruptcy
Date: Story By: Fábian BustosThe year 2022 has not been kind for cryptocurrency mining advocates. With the world economy entering a severe post-pandemic economic depression, inflation is booming — causing cryptocurrencies to suffer an extreme devaluation over the past months. On top of that, inflation — paired with a harsh heatwave, caused energy costs to significantly rise across Europe […]
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Hacks and Crime
UK Introduces Crypto-Related Law Against Cyber crimes
Date: Story By: Fábian BustosThis Thursday, the United Kingdom announced legislation aiming to make it simpler for law enforcement authorities to confiscate, freeze, and reclaim crypto assets used in illicit activities like money laundering, drug trafficking, and other cyber-crime. The law, written in a 250-page Economic Crime and Corporate Transparency Bill, was submitted by the Home Office, Department for […]