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UK: FCA Warns Investors Against 111 Unregistered Crypto Companies

The United Kingdom Financial Conduct Authority (FCA) has issued a warning against over 100 cryptocurrency firms who are operating without license in the U.K. FCA Says FOMO Causing Increased Investment in Crypto According to Reuters on Tuesday (June 22, 2021), the FCA’s head of enforcement and market oversight, Mark Steward, made the warning about theRead More дальше »

2021-6-24 23:00


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Bitcoin’s Hashrate Drops Below 100 Exahash, Observers Describe China’s ‘Great ASIC Exodus’

Most of the crypto community has been focused on the developments in China and more specifically, the crackdowns against bitcoin miners in Inner Mongolia, Xinjiang, Qinghai, Yunnan, and Sichuan. On Wednesday morning (EST), Bitcoin’s overall hashrate has continued to drop and is now below the 100 exahash per second (EH/s) region. During the last 24 […] дальше »

2021-6-24 19:30


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StakeHound, Fireblocks in Hot Water After Losing Clients’ $75M in Ether (ETH)

StakeHound has filed a lawsuit against its cryptocurrency custodian Fireblocks at the Tel Aviv District Court, for allegedly losing the private keys to its $75 million worth of ether (ETH). StakeHound claims the digital currency was lost due to negligence on Fireblocks’ part, as the firm did not backup the private keys appropriately, according toRead More дальше »

2021-6-23 16:15


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Why China’s Move Against Bitcoin Is Turning Out To Be The Best Thing Ever For The Crypto Market

Bitcoin’s price suffered another tumble this week following the latest developments in China on the cryptocurrency front. The Chinese government had warned of its intention to crack down on mining in the country and it’s since been reported that more than 90 percent of the PRC’s mining capacity has been shut down as lots of […] дальше »

2021-6-23 12:54


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El Salvador’s Opposition Party Files Lawsuit Against Bitcoin Legal Tender Legislation

An opposition party in El Salvador and some public members have filed a complaint against the government’s bitcoin legal tender law, which they view as unconstitutional. El Salvador’s Bitcoin Law Faces Pushback From Opposition Just days after the World Bank declined El Salvador’s request to provide technical assistance in the implementation of the bitcoin law, […] дальше »

2021-6-23 20:27


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El Salvador’s Opposition Leaders Fight Against Country’s Bitcoin Law 

Members of El Salvador’s Farabundo Marti National Liberation (FMLN) have filed a lawsuit challenging the constitutionality of the Bitcoin Law passed by the country’s lawmakers earlier in June. The plaintiff claims El Salvador’s bitcoin (BTC) adoption push is not in the people’s best interest, according to an EL Mundo report on June 21, 2021. OppositionRead More дальше »

2021-6-22 14:00


PBoC Talks Crypto ‘Hype’ with Banks and Institutions & Prohibits Use of Their Services

They will also increase the investigation and monitoring of customers, including exchanges and OTC dealers and capital transactions, and will take immediate action against those still involved because crypto trading “disrupt normal economic and financial order” and “infringe people's property safety. дальше »

2021-6-22 17:02


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Wall Street Meets Blockchain: Onomy Protocol Builds Financial Infrastructure for CeFi to DeFi Migration

Ignited by the emergence of digital assets and blockchain networks, Wall Street and the world’s financial markets are in the midst of a revolution, whether they realize it or not. Legacy institutions are in a race against the clock to adapt and integrate this new technology before it completely disrupts an industry valued in theRead More дальше »

2021-6-17 18:32


DeFi Protocol Curve Proposes Enforcing IP Rights against Infringers Including Saddle Finance

DEX Curve, ranking second with about $10.6 billion in TVL, wants to “set an important precedent in DAO’s and DeFi that decentralization does not mean that VC’s get to steal from communities.” The post DeFi Protocol Curve Proposes Enforcing IP Rights against Infringers Including Saddle Finance first appeared on BitcoinExchangeGuide. дальше »

2021-6-17 17:52


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95% of UK financial advisors don’t like cryptos while US advisors are more open

Practically no independent financial advisor (IFAs) in the UK would recommend their clients buy cryptos and meme stocks, data from a survey of 200 IFAs in the UK by Opinium show. Specifically, 93% of advisors would not recommend their clients buy cryptos while 95% of IFAs would advise against purchasing meme stocks, according to IFA […] The post 95% of UK financial advisors don’t like cryptos while US advisors are more open appeared first on Invezz. дальше »

2021-6-18 20:20


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If XRP Is Deemed A Security, Ethereum Might Be Next In Line, Fears Market Players

Following the Securities and Exchange Commission’s (SEC) lawsuit against Ripple Labs, there have been speculations that Ethereum might be next in line to be branded as a security.  Ripple’s motion to compel the SEC to produce internal documents relating to Bitcoin, Ethereum, and its XRP have fueled these speculations. The payment giant Ripple wants the […] дальше »

2021-6-16 14:53