MyDirtyHobby | FinTelegram News

Tag: MyDirtyHobby

April 25, 2023

Merchant Alert: The Questionable Billing Services Of High-Risk Payment Processor Centrobill!

We ran a story yesterday about high-risk payment processor Centrobill, a payment processor for "adult-oriented content." This was given an Orange Compliance rating on PayRate42, which Centrobill felt was an attack. We were also suspected of not having done proper research in the comments to our report. Hence, here is an update on Centrobill's subscription billing activities via Cyprus-based Eurobill Tech Ltd. We are always grateful for criticism and information.

September 9, 2022

Breaking: German Appellation Court Confirms Ban Of Cyprus-Based Pornsites!

A landmark ruling in Germany establishes that porn portals based in other European countries are also regulated by German youth protection authorities. The Higher Administrative Court (OVG) in Muenster has rejected complaints by two porn portals from Cyprus against a ban on distributing pornographic Internet offerings in Germany. In doing so, the court upheld the Administrative Court's decisions in summary proceedings in Duesseldorf. Minors evidently are a target group of the international porn industry.

Breaking: Former Austrian Finance Minister Karl-Heinz Grasser Goes to Prison And Into Personal Bankruptcy!

A corruption scandal unlike anything the European Union has ever seen: former Finance Minister Karl-Heinz Grasser has hit rock bottom. Following the final verdict in the largest corruption trial of the Second Republic, he now faces not only imprisonment but, as revealed today, has also filed for personal bankruptcy.

Stablecoins in DeFi: Pegs, Promises, and the Terra Collapse

Stablecoins are the lifeblood of DeFi. They promise the stability of fiat currencies with the flexibility of crypto—and serve as the core trading pair, collateral, and unit of account in decentralized finance. But when a stablecoin loses its peg, the entire system trembles. In this fifth installment of the FinTelegram DeFi Series, we explore the types of stablecoins, how they function in DeFi.

Financial Report: The Growing Importance of Stablecoins in Traditional Finance (TradFi)

With a total market capitalization exceeding $260 billion and transaction volumes surpassing $27.6 trillion in 2024, stablecoins are redefining payment infrastructure by offering speed, cost efficiency, and transparency. Recent developments, such as Visa’s deepened involvement in stablecoin infrastructure and Circle’s anticipated initial public offering (IPO), underscore the segment’s growing integration with TradFi.

Mastercard Bets Big on Stablecoins: Pioneering the Next Wave of Digital Payments and Outpacing Rivals

Mastercard is positioning itself as a leader in bridging traditional finance with digital assets through a comprehensive stablecoin strategy. By developing end-to-end infrastructure and forging key partnerships, the company aims to make stablecoins as usable as fiat currency for consumers and merchants – a move with significant implications for global payments.

EXPLOSIVE REVELATIONS: 20Bet’s GERMAN GAMBLING EMPIRE – AND REVOLUT’S SHADOWY ROLE IN ILLEGAL PAYMENT PIPELINE

The cyberfinance rating agency RatEx42 just published an explosive report. A toxic web of regulatory violations, money laundering risks, and consumer exploitation has been exposed in Germany’s underground gambling scene – with 20Bet at its core and Revolut allegedly fueling its operations. Fresh evidence suggests a brazen disregard for EU gambling laws, AML protocols, and Germany’s strict GlüStV regulations45.