Search
BNY Mellon Urges Ireland to Adopt Crypto Rules Before EU Regulations, Report Reveals
25.10.2021
As authorities in the EU are still discussing union-wide cryptocurrency regulations, a major U.S. bank has reportedly lobbied the Irish government to adopt its own rules for the space. BNY Mellon launched its digital asset business in Ireland this year to provide custodian services to institutional...
Label Foundation Raises $1 Million to Build Blockchain-Based Platform for the MOOC Industry
25.10.2021
PRESS RELEASE. The next-generation NFT Infrastructure – Label Foundation has announced the successful completion of its private sale round. Supported by many leading VCs and famous Grammy-winning artists, the NFT platform raised $1.0 million during the private sale that generated major...
JPMorgan Sees ‘Bullish Outlook’ for Bitcoin as Inflation Concerns Push BTC Price Higher
24.10.2021
Global investment bank JPMorgan says inflation concerns are pushing the price of bitcoin to record highs, rather than interest in recently launched bitcoin futures exchange-traded funds (ETFs). Noting that investors are pulling out of gold ETFs into bitcoin funds, the firm noted, “The flow...
Thai Prime Minister Cautions Investors Getting Into Crypto as Interest in Digital Assets Soars
24.10.2021
The prime minister of Thailand has cautioned investors getting into cryptocurrencies, noting that they are volatile and highly speculative. Recently, interest in cryptocurrencies has soared as young investors in the country discovered that they could make money quickly by investing...
Celebrities Need to Avoid Deceiving Inexperienced Crypto Investors
22.10.2021
Mark Taylor is the Head of Financial Crime at the CEX.IO crypto exchange.___
In the past few months, influencers and celebrities have been increasingly promoting crypto projects. While many work with prominent businesses, it’s not uncommon to see paid posts from well-known individuals advertising...
Bitcoin ETF May Feel Good to BTC Enthusiasts, but Adoption May Not Advance In-Kind
22.10.2021
While cheered emphatically by the crypto community, the bitcoin ETF’s simplicity hides many drawbacks, especially for long-term investors unfamiliar with the inner workings of the futures market and the rocky results of historical ETF launches. The First Crypto’s Saga Continues...
Cryptoeats Disappears After Raising £500K From Token Sale
22.10.2021
Cryptoeats, a company that reportedly raised 8 million in a Series A funding round to build a crypto-based Ubereats alternative, disappeared after launching its token. According to estimations, the startup might have taken more than £500K from investors after the launch of its official token...
FTX crypto exchange raises $420M from 69 investors
21.10.2021
FTX's user base has grown by 48% while its average trade volume increased 75% since a funding round in July
Bitcoin Enters Price Discovery Mode, Lures Gold Investors
21.10.2021
With the price of bitcoin (BTC) on Wednesday reaching an all-time high above USD 67,000, the number one cryptocurrency is now in “unchartered territory” and entering “price discovery mode” while at the same time gold investors are increasingly rotating into BTC....
Read More: Bitcoin Enters Price...
Competition and Hype Drive Young Crypto Investors, UK Watchdog Finds
21.10.2021
A sizable majority of young investors seeking high-risk opportunities are motivated by competition and hype, a new survey has indicated. They often turn to cryptocurrency and forex products, according to the poll conducted by the U.K.’s financial regulator. FCA Launches...
Another Altcoin Scam Teaches Inexperienced Investors & Influencers a Lesson
21.10.2021
A fake food delivery platform named Crypto Eats has robbed its users of some USD 500,000 before disappearing off the face of the earth, leaving behind t-shirts and promotional merchandise, and the puzzled participants of its London launch party....
Read More: Another Altcoin Scam Teaches...
Ankr (ANKR) Reflects Bullish Signs; Investors Are in Hurry
20.10.2021
Ankr is the only platform with staking, DeFi, and node infrastructure. It is a globally distributed network that brings two movements together: decentralized infrastructure and web3. DeFi creates the finance system for web3, while web3 is about decentralized protocols and infrastructure. Money...
Concierge Service Catering to Crypto Whales Sees 500% Increase in Clients Over the Last 6 Months
19.10.2021
On Tuesday, Concierge.io, the exclusive travel service backed by Travala.com announced it added new luxury services in order to give crypto investors “a more premium experience to live out their travel dreams.” The concierge service for “the crypto world’s elite”...
Dutch Crypto Investors Enters Into a Collaboration with TryHards
19.10.2021
TryHards finally announced entering into a metaverse association with Dutch Crypto Investors. The collaboration will accelerate the growth and development of Try Hards, whose core mission is to promote the creation of blockchain and cryptocurrency projects for educating the community and spreading...
Mudrex launches DeFi mutual fund model for retail investors
18.10.2021
The crypto firm is expected to offer investment options for DeFi and NFT assets
Four Venture Capitalists Just Over-Subscribed Ertha’s Seed Funding Round in One Day
15.10.2021
Ertha’s metaverse, built on Binance smart chain, has just concluded a seed funding round. The project has garnered interest from the venture capitals and ended with an oversubscribed seed round which was considered an excellent achievement for the projects’ fundamentals. Ertha...
Crypto Firm Owners Plead Guilty to Tax Evasion, Face up to 5 Years in Prison
14.10.2021
The owners of a cryptocurrency firm that raised approximately $24 million from more than 13,000 investors have pleaded guilty to tax evasion. “These crypto-savvy defendants exploited an emerging technology, lying to their investors, pocketing the proceeds, and concealing the income from...
Swiss Bank Seba Now Lets Customers Earn Yield on Crypto Holdings
13.10.2021
A FINMA-licensed Swiss bank, Seba, has launched a program enabling clients to earn yield on their crypto holdings. In addition, the bank will “provide support for centralized lending and borrowing services, enabling investors to generate yield by lending bitcoin and ethereum directly with...
Investors Lost $10,000 on Average to Russian Crypto Pyramid Finiko, Poll Reveals
13.10.2021
Investors defrauded by the Russia-based cryptocurrency Ponzi scheme Finiko have sent the crypto pyramid an average exceeding 720,000 rubles, or more than $10,000 at current exchange rates. The assessment comes from a survey of victims conducted by a public non-profit organization. Fifth of Finiko...
Institutional crypto products eye record AUM as investors pile into Bitcoin
12.10.2021
Institutional investors piled $225 million into Bitcoin products while Ether products saw outflows of $13.6 million this past week