BNY Mellon Sets Up Crypto Unit in Ireland as Central Bank Says Bitcoin Is ‘of Great Concern’

U.S. banking corporation BNY Mellon is gearing up to offer crypto custody services out of Dublin where it has just established a digital hub. The news coincided with a stark warning issued by a top central bank official in Ireland who said people should only buy bitcoin if they’re prepared to lose money. BNY Mellon […] дальше »

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Irish Central Bank official says cryptos like Bitcoin are a ‘great concern’

Derville Rowland, Ireland Central Bank’s Director-General for Financial Conduct, said in an interview with Bloomberg today that cryptocurrencies such as Bitcoin are “of great concern. ” The bank’s official also addressed crypto investors saying “crypto-assets are quite a speculative, unregulated investment,” warning them to be “really aware they could lose the whole of that investment. дальше »

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Top Ethereum Decentralized Exchange Aggregator, 0x, Launches On Polygon

0x, an Ethereum-based open protocol has found a home on the Polygon blockchain with a view to scaling its DEX services. The announcement was made this Monday, with the DeFi project having revealed its API for DEX liquidity has launched on said blockchain and will make it so that “the full spectrum of on-chain liquidity […] дальше »

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Cardano Boss Says Good Riddance To Dying Banking System

Cardano Founder Charles Hoskinson shared his damning thoughts on the legacy financial system, concluding that cryptocurrency will take over because it offers a better way. The Banking System Brought This On Itself Much is said about the enmity between cryptocurrency and banking. дальше »

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OCC head requests greater collaboration of regulatory bodies

Michael Hsu, the Acting Comptroller of the Currency, recently said that the US regulatory agencies have to collaborate more in order to regulate the cryptocurrency industry. Essentially, the Comptroller requested that regulatory bodies create a ‘regulatory perimeter’ for cryptos and digital assets. дальше »

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US Senator Urges Treasury Secretary Yellen to Take Action on Cryptocurrency Scams to Protect Investors

U.S. Senator Rick Scott has urged Treasury Secretary Janet Yellen to take action on cryptocurrency scams, which he said have risen 1,000% in the past year and cost consumers at least $80 million. “This is an unregulated industry, and the alarming amount of criminal activity surrounding cryptocurrency demands action,” he told Yellen. Senator Scott Alerts […] дальше »

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Metalla CEO Says Crypto Industry Is a ‘License for the Private Sector to Print Money’

During an interview this week, Metalla Royalty & Streaming CEO, Brett Heath, explained that he believes cryptocurrencies will lead to the next financial crisis. The precious metals boss said history shows that “mass adoption of a new financial product” typically leads to a financial crisis. дальше »

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Billionaire Stan Druckenmiller on Dogecoin, Ethereum: Won’t Long or Short DOGE, Skeptical of ETH

Renowned investor Stanley Druckenmiller has shared his views on dogecoin and ethereum. He said he wouldn’t long or short dogecoin and laughs when the meme cryptocurrency rises in value. As for ether, he is skeptical whether it can hold its position. дальше »

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JPMorgan Boss Jamie Dimon Personally Advises People to ‘Stay Away’ From Cryptocurrency

JPMorgan Chase CEO Jamie Dimon has given personal advice to investors regarding investing in cryptocurrencies, like bitcoin. He said that his own personal advice to people is to “stay away” from cryptocurrencies. дальше »

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Market Forecaster Jim Bianco Says Ethereum Has a Lot of Upside, Investor Doesn’t Hold Bitcoin

On May 27, the president of Bianco Research, Jim Bianco explained during an interview that he believes there’s a lot of upside potential when it comes to the crypto economy. Bianco said since 2017 he’s owned a basket of crypto assets like ethereum, but he doesn’t hold bitcoin. дальше »

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Edward Snowden: $6 Trillion Stimulus? Good For Bitcoin

The infamous whistleblower and privacy activist Edward Snowden commented on bitcoin on Friday, after the Biden administration said this week it was shooting for 6 trillion dollars in stimulus proposals. дальше »

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BSC Defi Protocol Burgerswap Loses $7.2 Million from a Flash Loan Attack

Another Binance Smart Chain project has been hit with a flash loan attack according to a post mortem written by the Burgerswap team. The project’s official Twitter account said at around 3 a. m. дальше »

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Whistleblower Edward Snowden Says $6 Trillion in Stimulus Is ‘Good for Bitcoin’

The infamous whistleblower and privacy activist Edward Snowden commented on bitcoin on Friday, after the Biden administration said this week it was shooting for 6 trillion dollars in stimulus proposals. дальше »

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Dubai Authorities Warn Against Fake Digital Currency Dubai Coin

Dubai authorities issued a warning against a digital currency called Dubai Coin, stating that the token never received approval from any official authority.  Dubai Does Not Have an Official Digital Currency In a tweet on Thursday (Amy 27, 2021), the Dubai Media Office said that an unlicensed website was promoting the scam token and usingRead More дальше »

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Crypto.com vows to go ‘Carbon Negative’ in next 18 months

Crypto services platform Crypto dot com is all set to go ‘Carbon Negative’ in the next 18 months, it said in a blog post earlier today. The post Crypto.com vows to go ‘Carbon Negative’ in next 18 months appeared first on CryptoSlate. дальше »

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Australian tax office: Report crypto profits or else

The ATO said it already knows who is invested in cryptocurrencies and expects cooperation.

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As The Market Struggles To Recover, Here Are 5 Cryptocurrencies Redditors Are Buying

Investor concerns about volatile technology stocks have been heightened by the wild collapse in cryptocurrency prices over the last week. Market analysts such as Cathie Wood, whose business, Ark Investment Management, is said to have the largest institutional investment in cryptocurrencies, have dismissed the recent drop in value of digital assets as a temporary setback, […] дальше »

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ERC20 versions of Bitcoin, Dogecoin, and others get a ‘bridge’ to Polygon

The Ethereum-based versions of Bitcoin, Dogecoin, Filecoin, and others can now be used on Polygon (formerly Matic Network) as a result of the new Polygon x RenVM Bridge support, the latter said in a post on Thursday. дальше »

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'Bitcoin will be able to rally towards the $44,000 region' IF it meets these criteria

More than enough has already been said and written about the latest market depression in the cryptocurrency sector. Now, the main trending question that has surfaced over the past couple of days is thThe post 'Bitcoin will be able to rally towards the $44,000 region' IF it meets these criteria appeared first on AMBCrypto. дальше »

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Crypto will ‘come to life’ in Nigeria, central bank governor says

Emefiele said the Nigerian government will do its best to prevent crypto from being used to finance illicit activities.

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Leveraged Crypto Trading is a Threat to Financial System, Warns Bank of Korea 

Earlier this week, head of South Korea’s central bank Lee Ju-yeol warned that leveraged crypto trading was a threat to the country’s financial system.   “An excessive level of leveraged cryptocurrency trading puts households at risk of financial damages considering the instability of [crypto],” he said. дальше »

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LINK, AAVE, and Uniswap now added to the Wirex payments platform

Digital payments platform Wirex has listed 5 new cryptocurrencies from top DeFi players on its platform. These include AAVE, YFI, UNI, MKR, and LINK. The platform also said the tokens will be available for purchase without transaction fees for a limited time. дальше »

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Billionaire Carl Icahn Mulls Over Diving Into Cryptocurrency in a ‘Big Way’ With About $1.5 Billion Investment

Billionaire investor Carl Icahn, the founder of Icahn Enterprises, says that his company is exploring how to get involved in cryptocurrency “in a relatively big way,” which he said could be an investment of about $1. дальше »

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Ripple (XRP) likely to go public after its legal battle with SEC is over, CEO confirms

The likelihood of Ripple, the company behind the XRP token and blockchain-based payments network RippleNet, to go public is “very high at some point”—but not before its legal battle with the United States Securities and Exchange Commission (SEC) is resolved, said the firm’s CEO Brad Garlinghouse. дальше »

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Ethereum Layer 2 Solution Polygon Launches SDK to Transform Ethereum Into An Internet of Blockchains

Popular Ethereum layer two scaling solution Polygon has added another milestone to its cap. Polygon said its SDK stack is now available for use on the Ethereum network in a Medium post. Polygon SDK Is Live This will see developers build Ethereum-compatible blockchains easily and seamlessly. дальше »

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Ripple will go public? CEO says 'very soon' but...

Ripple's plans of following Coinbase's footsteps may have been hindered by an obstacle but didn't deter it. The said hindrance was caused by the ongoing XRP SEC lawsuit. Well, apart from the obvious eThe post Ripple will go public? CEO says 'very soon' but... appeared first on AMBCrypto. дальше »

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US SEC wants to work with Congress to regulate crypto exchanges

SEC head Gary Gensler said that the authority spends only $325 million per year on tech, which is less than some industry players spend in two weeks. дальше »

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Legendary billionaire who called crypto ‘ridiculous’ now wants to invest $1.5 billion in the market

Billionaire investor and founder of Icahn Enterprises L. P. , Carl Icahn, said in a Bloomberg interview that he is considering putting up to $1. 5 billion into various cryptocurrencies. The post Legendary billionaire who called crypto ‘ridiculous’ now wants to invest $1. дальше »

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Uniswap Community in Full Agreement to Deploy V3 on Ethereum Layer 2 Solution Arbitrum

“Deploy Uniswap v3 on Arbitrum” gains overwhelming (100%) support, and creator Hayden Adams said they have already begun planning the deployment while remaining “incredibly excited” for Optimism as well. дальше »

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Garlinghouse Laughs Off Rumors He Was Behind The Bitcoin Energy FUD

Brad Garlinghouse weighs in on the Bitcoin energy debate by saying Ripple is a more energy-efficient alternative to the leading cryptocurrency. Speaking to CNBC, Garlinghouse said Elon Musk’s U-turn on Bitcoin was appropriate. дальше »

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Lack of knowledge is main barrier to crypto adoption, new survey says

55% of survey respondents said that they were aware of crypto despite never owning or using cryptocurrencies.

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Hong Kong Goes Full Ham On Unlicensed Bitcoin Trading Platforms

In what seems like a further crackdown on freedoms in Hong Kong, the Securities and Futures Commission (SFC) said Bitcoin exchanges operating in the territory should be subject to licensing. The SFC proposal seeks to enforce the ruling by levying heavy fines and tough prison sentences on non-compliant persons. дальше »

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DBS Bank CEO: We Have Twice as Many Engineers as Bankers

Banks and financial regulators should facilitate the tokenization of the financial system, DBS CEO Piyush Gupta said during Consensus 2021. дальше »

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Iran Blaming Bitcoin Mining for Blackouts Yet Again, Bans Crypto Mining for Four Months

Iran is banning the mining of Bitcoin, and other cryptocurrencies over concerns of high levels of energy consumption said President Hassan Rouhani on state TV on Wednesday. The ban is effective immediately and will last until September 22. дальше »

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100xCoin Disrupts Stigma Surrounding Meme Coins

Making the cryptocurrency industry more accessible and approachable is the next order of business for the ever-expanding crypto realm. With this being said, attracting mainstream consumers requires a streamlined and convenient experience, with assets that have numerous potential use cases. дальше »

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Blockchain Could Be a “Threat to Fidelity Investments”

The head of Fidelity Institutional, Mike Durbin, has said that blockchain could end up… The post Blockchain Could Be a “Threat to Fidelity Investments” appeared first on Coin Journal. дальше »

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Illegal coal extraction in China spurred Bitcoin mining ban

Rising cases of illicit coal extraction played a part in the recent Bitcoin mining ban in China, a report on business outlet Bloomberg said today. The post Illegal coal extraction in China spurred Bitcoin mining ban appeared first on CryptoSlate. дальше »

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UK bans Luno’s ‘time to buy Bitcoin’ ads, calls them “irresponsible”

The UK’s Advertising Standards Authority (ASA) has banned a series of popular Bitcoin ads in the country citing irresponsibility, a report on national news outlet The Guardian said today. The post UK bans Luno’s ‘time to buy Bitcoin’ ads, calls them “irresponsible” appeared first on CryptoSlate. дальше »

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Mike Novogratz Doubts Dogecoin’s Future — ‘No Institution Is Buying DOGE, Retail Will Lose Interest’

Galaxy Digital CEO Mike Novogratz doubts the future of dogecoin. The billionaire investor said that “It likely doesn’t have long-term legs because no institution is buying it and at some point, retail will lose interest. дальше »

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Latin America IT Giant Globant S.A Stakes $500,000 In BTC Investment

Globant Joins the ‘Bitcoin Express’ In a detailed financial statement forwarded to the Securities and Exchange Commission (SEC), Globant said that it has been making crypto investments for some time now. дальше »

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BoE Governor says ‘Huge Enthusiasm’ Around Crypto Assets Has Him Feeling ‘Skeptical’

Bank of England Governor Andrew Bailey continues to share his concerns about digital currencies. This time, he is warning about the danger of “getting carried away” with financial innovation. “I don’t want to be seen as a Luddite,” Bailey said on Monday in response to questions in the Treasury Committee in Parliament. дальше »

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Bitcoin Miner Says 90% Carbon Neutral

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HSBC steers clear of Bitcoin offerings for clients

London-based HSBC Holdings, one of the world’s biggest and Europe’s second largest bank, has no plans to offer Bitcoin or crypto products to its clients, a report on news outlet Reuters said today. дальше »

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Bison Trails and Volt Capital bring 'secure staking' to Celo network

“Bison Trails is committed to the growth of the crypto ecosystem and innovative networks like Celo,” said Joe Lallouz, CEO of Bison Trails. дальше »

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Standard Crypto Raises $170 Million

The Standard Crypto Flagship Fund LP has raised $169,551,000 according to a filing with the Securities and Exchanges Commission. Adam Goldberg, Managing Member and General Partner of Standard Crypto, said... дальше »

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Ark Investment Maintains Faith in Bitcoin, Invests $20M in BTC

According to a filing with SEC, Ark Invest, a hedge fund focusing on innovative development, has purchased $19,872,939 worth in bitcoin. Kellen Carter, Chief Compliance Officer of Ark Invest said that the ARK Cryptocurrency US Fund LLC requires a minimum investment of one million dollars as it has already received close to 20 million dollarsRead More дальше »

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Ray Dalio Buys Bitcoin Despite Saying Governments May Ban Cryptocurrencies

Bridgewater Associates founder Ray Dalio has revealed that he owns bitcoin despite concerns he has long voiced about governments interfering and even outlawing cryptocurrencies. The boss of the world’s largest hedge fund said “bitcoin’s greatest risk is its success. дальше »

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100 years down the line, 'what will be a greater scam - Dollar or Dogecoin?'

It took Neil Armstrong more than three days just to reach the moon and when he later described his experience, he said, "One small step for [a] man, one giant leap for mankind." Evidently, the Doge coThe post 100 years down the line, 'what will be a greater scam - Dollar or Dogecoin?' appeared first on AMBCrypto. дальше »

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Goldman Sachs: Bitcoin Is Now Considered an Investable Asset, Clients Are Treating BTC as New Asset Class

Global investment bank Goldman Sachs now considers bitcoin an investable asset. “Clients and beyond are largely treating it as a new asset class, which is notable — it’s not often that we get to witness the emergence of a new asset class,” said Goldman Sachs’ analyst. дальше »

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US Congress Will Not Pass Cryptocurrency Legislation Anytime Soon, Says Lawmaker

U. S. Congressman Jim Himes says that Congress is not ready to pass cryptocurrency legislation anytime soon, citing a lack of deep understanding of cryptocurrencies among lawmakers. “There’s going to be a lot of discussion in the coming years about ways to regulate” cryptocurrencies, said the congressman. дальше »

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