Bulgarian Woman Sentenced to Four Years in OneCoin Crypto Fraud
A Bulgarian woman, Irina Dilkinska, has been handed a four-year prison sentence for her involvement in a large-scale fraud scheme orchestrated by the cryptocurrency company OneCoin.
All eyes are currently pointed at Bitcoin because the cryptocurrency divided in two, reports Profit.bg
After numerous debates on how the virtual currency can be improved, in the end it was created entirely new digital active called Bitcoin Cash. The situation around digital currencies is not something that can be easily explained to people who do not have previous knowledge in the area. According to some this move of division could make the currency a global payment tool.
'During the summer there was a collision of opinions and points of views' said Zaki Manyian who is an independent expert on cryptocurrencies, cited by CNN. In order for it to become a global payment system which could be used by anyone it has to overcome problems like its volatile growth. For some the solution was entirely new currency using similar software.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Bulgaria's National Bank has disclosed the country's external debt figures, revealing a notable increase in gross foreign debt at the end of February 2024
Fitch Ratings, a leading credit rating agency, has affirmed Bulgaria's Long-Term Foreign-Currency Issuer Default Rating at 'BBB' with a Positive Outlook
The National Statistical Institute reports that in 2023, the poverty line for the entire country stood at 637.92 BGN per person per month within households
Bulgaria's long-anticipated entry into the Eurozone may face a delay, as the country is unlikely to meet the inflation criterion required for the introduction of the euro on January 1, 2025
The price of retail lamb in Bulgaria has surged by 8.4% on an annual basis, according to statistics released by the Ministry of Agriculture and Food, with data sourced from SAPI indicating an average price of BGN 25.27 per kilogram as of April 10
According to recent data from the Confederation of Independent Trade Unions of Bulgaria (CITUB), the financial strain on Bulgarian households continues to intensify
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022