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Report: BlockFi Inc. might have to shed $100 million to settle with the regulators
Bloomberg reported citing sources that BlockFi Inc. might have to pay $100 million to settle with the Securities and Exchange Commission (SEC) and the state regulators. The allegations include offerinThe post Report: BlockFi Inc. дальше »
2022-2-13 02:30 | |
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Despite CBN ban, Nigeria’s Bitcoin P2P trades rose by 16%
Last year, the Nigerian Central bank prohibited banks from facilitating crypto transactions citing the need to protect the economy and investors. The post Despite CBN ban, Nigeria’s Bitcoin P2P trades rose by 16% appeared first on CryptoSlate. дальше »
2022-2-8 09:00 | |
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Floki Inu joins hands with TechTree to launch Floki University
The team behind Floki Inu (FLOKI/USD), a cryptocurrency created to honor Tesla CEO Elon Musk for his influence over the crypto market, has rolled out Floki University. A report unveiled this news, citing a January 29 announcement from the team. дальше »
2022-2-4 19:47 | |
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Putin In Favor Of Bitcoin Mining, Opposes Crypto Ban Proposal
President Vladimir Putin argued in favor of bitcoin mining citing the competitive advantages it brings for the country, thus opposing the crypto mining ban recently proposed by the Central Bank following the pressure from Russia’s Federal Security Service. дальше »
2022-1-27 02:59 | |
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Facebook And Instagram On The Verge Of Introducing Over 1 Billion Users To The NFT Space
You soon will be able to trade and display your non-fungible tokens (NFTs) on your Facebook and Instagram profiles as well as use the two social media platforms to create or mint new NFTs. This is according to today’s report from Financial Times citing insider sources at Meta, the company that owns these social media […] дальше »
2022-1-21 22:19 | |
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Shiba Inu, Ether, and DOGE Are Slowly Eating Into Bitcoin’s Multi-Billion Dollar Payments Sphere
Altcoins and stablecoins have downsized Bitcoin’s dominance as a means for paying for goods and services online by 27%. This is according to a new report released by Bloomberg, citing data from BitPay. дальше »
2022-1-19 20:32 | |
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Low taxes and island life attracts Bitcoin millionaires to Puerto Rico
Crypto millionaires are increasingly migrating to Puerto Rico to enjoy island life as well as tax breaks. A report unveiled this news on January 16, citing the example of crypto entrepreneur and investor David Johnston, who moved his parents, wife, three daughters, and company with him to the Caribbean Island in March 2021. дальше »
2022-1-20 23:19 | |
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Crypto.com Restores Withdrawals After Reportedly Losing $15m To Hackers
Crypto. com, the popular cryptocurrency exchange platform, halted all deposits and withdrawals on Monday, January 11, citing “unauthorized activity” on some accounts. It has, however, reinstated some accounts and withdrawal services, noting that the accounts are now safe. дальше »
2022-1-18 11:54 | |
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Bitcoin’s endurance suggests unlikelihood of ‘supercycle’ for commodities, says strategist
Bloomberg analyst believes Bitcoin’s rising value is bad for commodities, citing copper as an… The post Bitcoin’s endurance suggests unlikelihood of ‘supercycle’ for commodities, says strategist appeared first on Coin Journal. дальше »
2022-1-14 19:38 | |
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Report: Pakistan bought $50 million worth of crypto, opening an encashing opportunity
Pakistan has purchased cryptocurrency worth $50 million in just six months, news agency ANI reported citing local media. However, it has also reportedly attracted the attention of Islamabad's premiThe post Report: Pakistan bought $50 million worth of crypto, opening an encashing opportunity appeared first on AMBCrypto. дальше »
2022-1-7 12:00 | |
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To Ban Or Not To Ban? Russia Concerned About Growing Crypto Transanctions
The Russian central bank wants to ban investments in cryptocurrencies in Russia, citing the growing number of crypto transactions as a threat to financial stability. Russia Mulls Over Crypto Ban Russia’s central bank is attempting to outlaw cryptocurrency investments, escalating the country’s long-standing distrust of Bitcoin and other digital assets. дальше »
2021-12-18 07:11 | |
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Russian Central Bank Seeks to Ban Crypto Investments, Citing Financial Stability Risks
Russia’s central bank has become the latest to potentially put the anchors on crypto-asset investing for its citizens. Like many before it, the central bank has cited risks to financial stability according to reports. дальше »
2021-12-17 11:18 | |
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Brazil’s Stock Exchange Planning to Offer Crypto Services Next Year
B3, Brazil’s stock exchange, is the latest institution planning to join the cryptocurrency scene next year. The San Pablo-based exchange is exploring digital asset custody and crypto-as-a-service (CaaS) segments, reported InfoMoney, citing a presentation from B3 President Gilson Finkelsztain made last week. дальше »
2021-12-15 23:52 | |
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Can Binance, along with Indonesia's richest family drive crypto adoption in the country
Binance Holdings Ltd. is reportedly in conversation with two parties to set up a cryptocurrency trading exchange in Indonesia. Bloomberg reported citing sources that the venture could include the HartThe post Can Binance, along with Indonesia's richest family drive crypto adoption in the country appeared first on AMBCrypto. дальше »
2021-12-10 15:30 | |
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Report: India plans to regulate crypto instead of banning the sector
The Indian government is readying to regulate crypto as assets instead of enforcing an outright ban on the industry. A report unveiled this news earlier today, citing a Cabinet note. By regulating cryptos as assets, India has declined to recognize coins like Bitcoin (BTC/USD) and Ethereum (ETH/USD) as currencies. дальше »
2021-12-5 18:28 | |
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Robinhood Stock Price Down 31% In the Past Month, Should’ve Listed Shiba Inu
Robinhood price is plummeting today, down 7% in the past 24 hours and down over 31% in the past 30 days. In addition, Robinhood continues to have problems with its platform citing crypto trading issues. дальше »
2021-12-2 05:16 | |
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BoE’s Governor voices concerns over El Salvador’s BTC adoption
Andrew Bailey, the Governor of the Bank of England (BoE), has found fault with El Salvador’s decision to adopt Bitcoin (BTC/USD) as legal tender. A report unveiled this news on November 25, citing the BoE Governor who spoke after making an appearance at the Cambridge University student union yesterday. дальше »
2021-11-27 02:52 | |
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Sovereign Wealth Fund Hiring Blockchain Talent to Invest in Web3, Pantera Capital Raises $600M for 4th Fund from Endowment
Funds continue to flow into the cryptocurrency market, with Pantera Capital being the latest to raise funding for its another crypto venture fund. Pantera Capital has raised $600 million for its fourth venture fund, according to tech news site The Information, citing a person with direct knowledge of the matter. дальше »
2021-11-25 18:09 | |
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Here’s why the SEC rejected the much anticipated VanEck Bitcoin spot ETF
On November 12th, the United States’ Security and Exchange Commission (SEC) has again rejected VanEck’s Bitcoin spot ETF application citing a number of reasons including the need to protect investors from the volatile nature of the flagship digital asset. дальше »
2021-11-15 14:01 | |
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Indonesia’s national Islamic council claims Bitcoin (BTC) is haram
The top Islamic scholarly body in Indonesia, National Ulema Council (MUI), has declared Bitcoin (BTC/USD) haram, saying it is forbidden by the principles of Islam. A report unveiled this news earlier today, citing Asrorun Niam Sholeh, the Chairman of MUI’s Fatwa commission, who spoke after the council held an expert hearing. дальше »
2021-11-13 21:34 | |
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Citing Squid Games Token, Binance CEO CZ Shares Tips On Avoiding DeFi Exit Scams
They say “If you want to steal money, don’t rob a bank, open one,” and this has been an increasingly popular stunt recently pulled by crypto scammers as the crypto and DeFi ecosystems continue to bloom. дальше »
2021-11-8 23:57 | |
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Swedish Financial Supervisory Authority Calls For An EU-Wide Ban on Cryptocurrency Mining
Finansinspektionen, the Swedish financial supervisory authority, has called for a ban on cryptocurrency mining due to crypto-assets, citing them to be a threat to the climate. “Sweden needs the renewable energy targeted by crypto assets by crypto-asset producers for the climate transition of our essential services, and increased use by miners threatens our ability to […] The post Swedish Financial Supervisory Authority Calls For An EU-Wide Ban on Cryptocurrency Mining first appeared on BitcoinExchangeGuide. дальше »
2021-11-6 16:57 | |
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Digital Currency Group Planning Wealth Management Business for Cryptocurrency Millionaires
Barry Silbert’s Digital Currency Group is hiring a team of financial advisors for its wealth management unit, reported The Block, citing sources with knowledge of the firm's operations. It was last December that the reports of DCG planning to launch a new wealth management business first became public. дальше »
2021-11-3 21:17 | |
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U.S. SEC expected to have the key role in policing stablecoins like Tether
The US Securities and Exchange Commission (SEC) is about to play a leading authority role when it comes to proposing legislation and overseeing the stablecoin sector, Bloomberg recently reported, citing anonymous sources. дальше »
2021-10-28 23:00 | |
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The Korea Teachers’ Credit Union with Over $40 Billion in Assets Is Investing in A Bitcoin ETF
Slowly but surely, everyone is jumping on the Bitcoin train. Amidst the incoming herd of institutional investors and retirement funds, credit unions are also coming in. The Korea Teachers’ Credit Union, which manages more than $40 billion, is now investing in Bitcoin, according to local reports, citing industry sources. дальше »
2021-10-27 20:51 | |
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SEC to Gain Significant Oversight on Stablecoins, Tether to Test Notabene’s Travel Rule Solution to Comply with FATF Guidelines
The US Securities and Exchange Commission (SEC) has moved closer to having significant oversight on stablecoins, said Bloomberg in a report citing people familiar with the matter. The Treasury Department and other agencies are reportedly planning to release a report this week that will indicate that the SEC has significant authority to regulate fiat pegged […] The post SEC to Gain Significant Oversight on Stablecoins, Tether to Test Notabene’s Travel Rule Solution to Comply with FATF Guidelines first appeared on BitcoinExchangeGuide. дальше »
2021-10-26 16:02 | |
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Decentralized Prediction Market Polymarket is Under CFTC Investigation: Report
New York-based decentralized prediction market Polymarket is under the scrutiny of a top Wall Street regulator. The Commodity Futures Trading Commission (CFTC) is investigating whether Polymarket is letting customers improperly trade binary options or trade swaps and if it should be registered with the agency, according to a Bloomberg report citing people familiar with the […] The post Decentralized Prediction Market Polymarket is Under CFTC Investigation: Report first appeared on BitcoinExchangeGuide. дальше »
2021-10-26 20:05 | |
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Report: China coerces McDonald’s to adopt e-CNY ahead of Winter Olympics
China is pressing fast-food company McDonald’s to embrace its central bank digital currency (CBDC) as the Beijing Winter Olympics inch closer. A report citing three people familiar with the matter disclosed this news earlier today, noting that McDonald’s has received instructions to integrate a digital renminbi payments system across its restaurants in the country. дальше »
2021-10-22 22:57 | |
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US mortgage lender dumps Bitcoin plans just two months after pilot
United Wholesale Mortgage, which had recently made headlines in the crypto space for being the first in the industry to accept payment for a mortgage in Bitcoin, has now eliminated the said feature citing issues related to incremental costs and regulatory fluctuations in cryptocurrency. дальше »
2021-10-18 16:35 | |
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Citing Inflation Disaster, Forbes’ Avik Roy Explains Why The United States Should Embrace Bitcoin
The fact that Bitcoin is now a significant innovation rather than a fad that could soon render the dollar and most fiat currencies ineffective cannot be further from the truth. In the recent past, the crypto asset has steadily proven its value, emerging strongly from traditional iniquities that have always plagued fiat currencies due to […] дальше »
2021-10-18 16:22 | |
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CryptoPunk NFT Holder Refuses Record Breaking $9.5M Offer
A Cryptopunks owner declined to sell Cryptopunk #6046 for $9.5M, citing the NFT’s inextricable connection to his brand and online persona as the reason for refusal. The post CryptoPunk NFT Holder Refuses Record Breaking $9.5M Offer appeared first on BeInCrypto. дальше »
2021-10-16 19:14 | |
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SEC v. Ripple Labs: Agency opposes motion to seal documents citing 'influence'
The SEC v. Ripple Labs lawsuit is in the news today after yet another crucial development. According to the latest updates from the court, the regulators have responded in opposition to Ripple's motioThe post SEC v. дальше »
2021-10-16 22:30 | |
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Analysis: Litecoin trading pattern is prerequisite for bullish movement
The near-term outlook of Litecoin (LTC/USD) appears favorable as the altcoin’s trading patterns indicate a bullish trend. These predictions are backed by bullish crossover on the Directional Movement Index (DMI), a northbound RSI, and growth in 24-hour trading volumes, CoinFi writes, citing data from crypto analyst firm AMB Crypto. дальше »
2021-10-15 17:40 | |
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SEC to Allow the First Bitcoin ETF to Trade in the US, Urges Investors to be Careful when Investing in a Fund Holding BTC Futures
The Securities and Exchange Commission will finally allow the first US Bitcoin futures exchange-traded fund (ETF) to begin trading, reported Bloomberg, citing people familiar with the matter. The regulator is reportedly not likely to block the ETF from starting to trade next week. дальше »
2021-10-15 15:21 | |
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Bearish Still? Coinbase CoFounder’s VC Firm Looks to Raise Over a Billion Dollars to Invest in Startups
Cryptocurrency venture capital firm Paradigm is looking to raise more than $1 billion for its new fund that will invest in startups. The fund could weigh between $1. 25 billion and $1. 5 billion, first reported by CoinDesk citing an investor deck. дальше »
2021-10-12 16:06 | |
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Bitcoin (BTC) hashrate shifts to the US as states vie for miners’ attention
Months after China kicked out crypto miners citing environmental concerns of the industry, a report from Foundry USA has shown that miners emigrating to the United States are seeking renewable energy sources for their operations. дальше »
2021-10-11 19:00 | |
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The Biden Administration Now Weighing an Executive Order on Cryptocurrency
The Biden administration continues to try to think of ways to regulate the burgeoning cryptocurrency industry. The latest move in this direction is the White House weighing an executive order on crypto as part of its efforts to set up a government-wide approach to cryptocurrency, reported Bloomberg citing people familiar with the matter. дальше »
2021-10-10 18:20 | |
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Joe Biden reportedly works on an executive order on cryptocurrencies
According to a recent report citing anonymous sources familiar with the matter, it appears that US president Joe Biden might be working on a way to regulate digital currencies. The sources claim that Biden is considering an executive order that would bring clarity to the crypto landscape, but also exercise better control over the industry […] The post Joe Biden reportedly works on an executive order on cryptocurrencies appeared first on Invezz. дальше »
2021-10-9 09:23 | |
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Fund managers increase Ethereum (ETH) holdings citing ‘most compelling’ growth outlook
Bitcoin might be the most popular crypto asset in the world but a recent survey by CoinShares has revealed that several fund managers see more potential in the second-largest crypto asset by market cap, Ethereum, than in its more illustrious counterpart. дальше »
2021-10-8 22:00 | |
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US Banking Regulator FDIC Is Looking into Stablecoins’ Eligibility for its Deposit Insurance
The Federal Deposit Insurance Corp. (FDIC) is studying whether certain stablecoins might be eligible for its coverage. The discussions are only in the preliminary stage yet, reported CoinDesk citing five people familiar with the knowledge. дальше »
2021-10-7 17:11 | |
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Here’s What The IMF Has In Store For Mainstream Crypto Adoption
The IMF has warned of the impending risks associated with the crypto boom. The international financial body has called for increased crypto regulation to maintain financial stability. The IMF had criticized El Salvador’s decision to adopt bitcoin as a legal tender, citing the impact that it could have upon the debt ridden nation. The International […] дальше »
2021-10-6 17:45 | |
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SEC extends decision on four potential Bitcoin ETFs to end of 2021
Again, US’s top Financial regulator, the Securities and Exchange Commission (SEC) has postponed its decision on four Bitcoin Exchange Traded Funds (ETF) applications until at least November citing the need for additional time to decide on whether to accept the proposals or not. дальше »
2021-10-5 07:00 | |
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China’s SparkPool Ethereum Mining Pool Shutters Operations
SparkPool Ethereum mining pool has indefinitely suspended operations in China citing the latest clampdown on cryptocurrencies by authorities. SparkPool is the world’s second-largest Ethereum mining pool, controlling more than 22 percent of Ethereum’s hashrate, according to a blog post on September 28, 2021. дальше »
2021-9-28 13:00 | |
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“Not So Unique” Ether Should Be Valued At $1,500 — Says JPMorgan Strategist, Citing Strong Competition From Cardano, Solana
“Not So Unique” Ether Should Be Valued At $1,500 — Says JPMorgan Strategist, Citing Threats From Cardano, Solana The uniqueness of Ethereum has come into question by the investment banking giant, JPMorgan, with smart contracts being activated on other blockchains. дальше »
2021-9-26 21:24 | |
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