Parth Dubey January 17, 2023 at 09:18 UTC (1 minute ago) Anthony Scaramucci said that he thought SBF was Mark Zuckerberg of crypto but he turned out to be Bernie Madoff of crypto. The Skybridge Capital founder believes that the “ninth circle of hell” is reserved for Bankman-Fried for betraying his trust. Despite being “betrayed” … Read more
Parth Dubey January 7, 2023 at 06:35 UTC (2 minutes ago) Governor of the Banque de France, Francois Villeroy de Galhau, stated that crypto firms should operate only under stricter regulatory permits. Rather than waiting for other European nations to adopt tighter regulations, France should do it right away once its legislation is ready, he … Read more
According to the data from The Block, the trading volume on crypto exchanges has hit a 2 year low. The current volume on trading platforms are similar to those witnessed in December 2020 when Bitcoin broke $22,000. The trading volumes fell by over 50% when multi-billion dollar crypto exchange FTX filed for bankruptcy. Moreover, the … Read more
Parth Dubey December 29, 2022 at 03:06 UTC (1 minute ago) California’s DFPI issued a public warning against 17 crypto websites, stating that these are associated with fraudulent activities. Some of these are Tahoe Digital Exchange, TeleTrade Options, Tony Alin Trading Firm, Trade 1960, VoyanX.com, and ZC Exchange. California’s DFPI also warned against two websites … Read more
US senators Elizabeth Warren and Tina Smith recently criticized the collapse of the crypto exchange, FTX, and the broader crypto industry. Lawmakers are concerned that the lack of regulatory oversight in the ties between banks and crypto firms could have long-term consequences. The Senate Banking Committee has set a hearing on the collapse of FTX … Read more
Law enforcement authorities in the United Arab Emirates have detained a top Finiko representative, sought for his role in the crypto Ponzi scheme which defrauded thousands of investors around the world. This is the second arrest in the Gulf state of a high-ranking member of the pyramid announced in the past month. Finiko Fraudster Caught … Read more
The monetary authority in Moscow has expressed support for the latest legislative attempt to legalize cryptocurrency mining. However, the regulator wants the extracted digital currency to be sold outside the country or only under special legal regimes in Russia, as an exception. Russia’s Central Bank Suggests Restrictions Be Added to Proposed Crypto Mining Law The … Read more
Coinbase, one of the largest cryptocurrency firms in the industry, has published a blog post that tells users to “switch to the trusted and reputable digital dollar,” referring to the stablecoin asset usd coin. The company’s blog post specifically mentions switching the stablecoin asset tether over to usd coin, and the firm is offering “zero … Read more
JPMorgan Chase CEO Jamie Dimon says crypto tokens are like pet rocks. The executive also believes crypto regulation should be strengthened, stating: “The regulators who beat up on banks should maybe focus a little more on crypto.” JPMorgan Chase’s Jamie Dimon Compares Crypto to Pet Rocks The chairman and CEO of global investment bank JPMorgan … Read more
On Tuesday, the hardware wallet manufacturer Ledger announced the launch of a new device called Ledger Stax. The machine was designed by iPod creator, Tony Fadell, and the France-based firm Ledger says the new device was built with “uncompromisingly secure architecture.” iPod Creator Tony Fadell Partners With Ledger to Launch a New Crypto Hardware Wallet … Read more
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