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This Assurance Layer Is Bringing Trust To The World of DeFi Lending And Borrowing
9.9.2021
rade assets and derivatives, and so on. People who want to borrow against their crypto assets to make even bigger bets frequently use this collection of businesses.There are two fundamental distinctions from traditional banks. All services are for digital currencies rather than government-iss
US SEC releases fresh investor alert against crypto investment scams
6.9.2021
The “rising popularity” of initial coin offerings, including cryptocurrencies, coins, and tokens, is considered the main reason for growing scams and exploits among retail investors
Singapore, South Africa Latest Countries to Warn Against Crypto Exchange Binance
4.9.2021
The list of regulators warning that Binance is illegally operating in their jurisdictions continues to grow. The authorities in Singapore and South Africa have become the latest to warn that the global cryptocurrency exchange may be in breach of their local laws. South Africa’s Financial...
Binance pushes back against warning from South Africa regulator
3.9.2021
Though the FSCA is an agency of the South African government, Binance claimed the country’s Financial Intelligence Centre was the “major regulator” with which it had been working to be in compliance with local laws
South Africa's financial regulator issues warning against Binance
3.9.2021
South African authorities are the latest to warn against using Binance, saying the exchange is not authorized to operate in the country
Cardano founder says crypto will be vital to Afghani fight against Taliban
2.9.2021
Afghans will leverage crypto assets as a store of value and to preserve financial privacy amid the Taliban’s dramatic insurgence, predicts Charles Hoskinson
Ethereum price breaks $3,500 and hits 3-month highs against Bitcoin
1.9.2021
The second-largest cryptocurrency reaches its best levels against Bitcoin and the dollar in more than three months
Retirees in El Salvador protest against Bitcoin adoption
31.8.2021
Retirees and veterans in El Salvador are worried that the government would start paying their pensions in Bitcoin instead of the U.S. dollar
Billionaire John Paulson Warns Cryptocurrencies Will Be Worthless, Bitcoin Too Volatile to Short
31.8.2021
Billionaire hedge fund manager John Paulson, famed for making a fortune betting against the U.S. housing market, says that cryptocurrencies are a bubble that will prove to be “worthless.” While he sees unlimited downside to crypto, he will not short bitcoin, however. “Even...
Pokémon Go's Reddit Goes Dark In Protest Against Site Inaction
30.8.2021
Pokémon Go creators Niantic recently proved slow in addressing widespread fears about the game forcing players into close proximity with other humans amid the Covid-19 pandemic. Now, in a ripple from that, the game’s Reddit sub, r/pokemongo, has switched itself to ‘private’, in response to what...
SEC Wins Judgment Against Actor Steven Seagal After He Ignores Court Order to Settle Crypto Fraud Case
28.8.2021
The U.S. Securities and Exchange Commission (SEC) has won a judgment against Steven Seagal after the famous actor failed to pay the agreed sum to settle the crypto fraud case he was involved in. Seagal, now living in Russia, has been ignoring the SEC’s attempts to contact him. Steven Seagal...
Government Watchdog Investigates Conflicts of Interest Involving SEC Officials, Crypto, XRP, Ripple Lawsuit
18.8.2021
Government watchdog Empower Oversight has requested internal documents from the U.S. Securities and Exchange Commission (SEC) on cryptocurrency that potentially show conflicts of interest at the commission involving former high-level officials. This affects the commission’s lawsuit against...
Kenyans Cautioned Against Investing in BTC Company Promising Returns of 400% in Six Hours
18.8.2021
A Kenyan regulator, the Capital Markets Authority (CMA), has cautioned investors and Kenyan citizens against investing with Fxbitinvest, a bitcoin trading company. The warning was issued after the regulator noted Fxbitinvest’s use of exaggerated return-on-investment promises to lure...
Brazilian Federal Police Launch Nationwide Operation Against Crypto-Related Money Laundering
17.8.2021
The Brazilian Federal Police launched Operation Compliance, a probe against cryptocurrency-related money laundering crimes last week. The probe resulted in the execution of several seizure warrants across the country, involving 150 federal policemen active in five different cities. Operation...
Bank of America Sees Long Road Ahead for Coinbase to Become the ‘Amazon of Crypto Assets’
17.8.2021
Bank of America has initiated coverage of Coinbase Global. The bank has identified several factors that could boost Coinbase’s revenue. Regarding the crypto exchange’s plan to become “the Amazon of crypto assets,” Bank of America says it is “still in very early stages...
South African Expert Says Tax-Dodging Crypto Traders Face Heightened Jail Threat
13.8.2021
A South African tax expert, Thomas Lobban, has warned non-tax paying crypto traders that they now face possible jail time if the South African Revenue Services (SARS) decides to lay tax offense charges against them. He adds that this threat of jail time similarly applies to South African crypto...
Upbit Gains Upper Hand in Legal Fight Against Delisted Altcoins Issuers
12.8.2021
The market-leading South Korean crypto exchange Upbit has found itself involved in a series of legal struggles with the issuers of some of the tokens it delisted earlier this summer.
As previously reported, the nation’s biggest trading platforms went on a series of unexpected, late-night altcoin...
ADAX Have Just Changed the Game, Offering Censorship-Resistant DeFi via ADA
10.8.2021
In the history of every successful startup, there comes a ‘defining’ moment – a moment when the vision of its founders clashes with the impossible and, against all odds, triumphs by becoming a reality. ADAX, a decentralized exchange (DEX) within the Cardano ecosystem, has just...
Against the US Senate’s Heavy-Handed Crypto Provision
9.8.2021
The bill as written has the potential to thrust every single transaction by U.S. crypto users into an invasive dragnet
US SEC Shuts Down $30 Million Defi Money Market in First Decentralized Finance Bust
8.8.2021
The U.S. Securities and Exchange Commission (SEC) has taken its first enforcement action involving decentralized finance (defi). The commission has charged a defi platform and its executives for unregistered securities sales of more than $30 million and misleading investors. SEC’s...