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FBI Asks DeFi Platforms to Increase Security Measures, Warns Crypto Investors Against Vulnerabilities
30.8.2022
The warning comes after a slew of DeFi hacks this year, which has led to investors losing billions of dollars worth of crypto
Goldman Sachs Urges Investors to Buy Commodities Now — Expects Equities to Suffer as Inflation Stays Elevated
30.8.2022
Global investment bank Goldman Sachs has urged investors to buy commodities now and worry about a recession later. The firm’s analysts see commodities as “the best asset class to own during a late-cycle phase where demand remains above supply.” Meanwhile, “equities could...
Singapore Considers Stricter Rules for Retail Crypto Investors — Regulator Says Cryptocurrencies Are ‘Highly Hazardous’
30.8.2022
Singapore’s central bank, the Monetary Authority of Singapore (MAS), is contemplating imposing stricter rules on retail crypto investors. “MAS regards cryptocurrencies as unsuitable for use as money and as highly hazardous for retail investors,” said the central bank chief....
Dubai issues crypto marketing rules to better protect investors
29.8.2022
Dubai's new Virtual Asset Regulatory Authority requires more clarity and transparency from industry marketers and promoters in order to protect investors
Russian Crypto Scammers Go Offline, Open Offices, Central Bank Worried About Trend
29.8.2022
An increasing number of financial and crypto pyramids targeting Russian investors have been opening physical offices in the country. The Central Bank of Russia has recently expressed concern over the trend which is seen as an indication that the fraudsters expect growing demand. Russian Crypto...
First Mover Asia: Bitcoin Falls to $19.6K as Investors Continue to Mull Fed Chair's Comments
29.8.2022
Ether and other major altcoins are down
GameFi investors are now prioritizing fun factor over money: Survey
28.8.2022
While roughly half of the investors joined the GameFi space initially for profits, 89% of GameFi investors succumbed to Crypto Winter 2022
Latvian Extradited to US for Wire Fraud Involving Crypto Investments
28.8.2022
A Latvian national has been handed over to the United States where he is accused of fraud through several companies offering false crypto investment opportunities. Ivars Auzins will appear in a federal court in Brooklyn to face multiple charges of wire and securities fraud. Latvian Authorities...
Zugacoin Controversy: Supposed Poverty Eradicating Cryptocurrency Criticized as Just Another Complex Nigerian Ponzi Scheme
27.8.2022
After reports that merchants and holders of “Zugacoin” cryptocurrency are unable to make withdrawals, the founder of the Nigerian crypto, Sam Zuga responded by accusing unnamed “ignorant people” of working to tarnish the project. One Nigerian expert has advised...
Indian Crypto Market Is Growing: Report Shows the Country Has 115 Million Crypto Investors
27.8.2022
A new report shows that India has roughly 115 million crypto investors, and the country’s crypto economy is growing despite the recent market downturn, with more than half of the crypto investors surveyed planning to increase their crypto investments in the coming six months. Indian Crypto...
Blockchain Startup Aims to Open the $1T Diamond Market to More Investors
26.8.2022
Diamond Standard believes that tokenizing diamonds will make investing in the precious stones easier and more efficient
India’s Central Bank Governor Warns Crypto Market May Crash and Small Investors Will Lose Money
26.8.2022
RBI Governor Shaktikanta Das has warned that the crypto market may crash and small investors will lose money. He added that the central bank believes that its warnings have deterred many people from investing in cryptocurrencies. RBI Governor’s Crypto Warnings The governor of the Indian...
Largest Southeast Asian Bank DBS Sees Crypto Trading Volumes Soar as Investors Bought the Dip
25.8.2022
DBS, the largest bank in Southeast Asia, says that it has benefited from the recent crypto market sell-off. The trading volume of its crypto exchange nearly doubled in July, compared to April. The quantity of bitcoin bought on its exchange grew nearly four times during that time period. DBS Crypto...
GameFi developers may be facing big fines and hard time if they don't speak up
25.8.2022
Enjoy cryptocurrency gaming while it lasts, because lawmakers in the United States are poised to crack down by mid-2023
FDIC-FTX spat is another reason for investors to self-custody their funds
24.8.2022
Between the collapse of Celsius and the FDIC's warning to FTX, consumers should be awakening to the benefits of moving their funds off of centralized exchanges
First Mover Asia: Bitcoin Trades Sideways, Investors Await Any Fed Interest Rate Signals; IMF Sees Growing Link Between Crypto and Asian Stocks
24.8.2022
Bitcoin and Ether were roughly flat over the past 24 hours
Crypto Winter ‘Could Be Over’ as Investors Add to Positions, Says Market Analyst
23.8.2022
If investors continue to increase their exposure, crypto could see “momentum really come into place,” OANDA Senior Market Analyst Edward Moya said, on CoinDesk TV’s “All About Bitcoin.”
Metaverse Startup Ready Player Me Raises $56 Million in Series B Led by Andreessen Horowitz
23.8.2022
The AI-generated avatar creation cross-platform for the metaverse, Ready Player Me, has raised $56 million in a Series B funding round led by Andreessen Horowitz (a16z). The startup’s co-founder and CEO Timmu Tõke says the funding will be used to scale the cross-platform metaverse...
54% of Indian Crypto Investors Surveyed in Q2 Aimed to Invest More in 6 Months - KuCoin
23.8.2022
Despite the latest market downturn, more than 50% of India’s survey respondents intend to expand their investments in crypto in the coming six months – indicating an optimistic approach to the market, according to a report by crypto exchange KuCoin....
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One-third of estimated 115M Indian crypto users concerned about regulations
23.8.2022
A KuCoin survey estimates that some 115 million Indian citizens are invested in cryptocurrencies, while many are still concerned about the government's stance towards the sector