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Nalezeno "r/Cryptocurrency": 29037

Washington State Regulator Warns Investors of Pig Butchering Crypto Scheme


The Washington State Department of Financial Institutions (DFI) issued a warning on Thursday after it received a complaint from a Washington investor about Fameex, now offline. The investor, a real estate agent, met scammer “Jackson Qie” via an unsolicited text. Qie convinced him...

US State Regulator Shares Key Crypto Investment Tips for Seniors


The Tennessee Department of Commerce & Insurance (TDCI) Division of Securities is raising awareness about the potential risks of investing in unregulated products like cryptocurrency, particularly among seniors. TDCI Commissioner Carter Lawrence emphasized the importance of protecting...

Bitwise CIO Makes the Case for Adding Ether to Investment Portfolios


Matt Hougan, CIO of Bitwise, a crypto-based index fund and ETF provider, has explained why he believes ether might be an interesting asset for an investment portfolio. Hougan states three key reasons for investing in ether: diversification to “own the market,” different use cases than...

Ripple Clarifies XRP Is Not a Security After New Court Ruling


Ripple’s chief legal officer has clarified that a California district judge has dismissed all allegations that Ripple violated federal securities laws. He stressed that District Judge Analisa Torres’ ruling regarding the non-security status of XRP “stands undisturbed.”...

Foundry Unveils New Hardware Suite Targeting Institutional Bitcoin Mining


Foundry Digital LLC has launched a new suite of products aimed at enhancing institutional bitcoin mining operations. Dubbed Foundry Hardware, this initiative introduces specialized equipment designed to improve mining system efficiencies and reliability. Foundry’s New Suite Aims to Optimize...

Standard Chartered to establish a spot BTC, ETH trading space


Standard Chartered is in the process of establishing a spot BTC and ETH trading space in London as a component of its FX trading unit. The space is expected to be operational in the near future. This is intended to facilitate the purchase and trade of ether and bitcoin.  Digital asset custodian...

FET surges after Nvidia’s stocks rise


Fetch.ai’s FET was seen banking a surge of 26% in response to a rise in the stocks of Nvidia. FET has come under control at the press time but the jump is indeed noteworthy, considering it marks the possibility of outperforming Bitcoin again in the future. FET has previously touched the ATH of...

Stablecoin issuers rank as 18th largest holder of US Debt


The Stablecoin legislation put forward by the American government is noted, and Stablecoin Issuers is the ultimate source of demand for the US treasury. According to the recently available data, Stablecoin Issuers possess more than $120 billion in American treasury notes. Stablecoin Issuers is...

Ripple Wins Partial Summary Judgment in Securities Lawsuit


The U.S. District Court for the Northern District of California has issued an order granting in part and denying in part the motion for summary judgment in a lawsuit concerning allegations of securities law violations against Ripple Labs, XRP II, and Ripple CEO Brad Garlinghouse. Court Ruling...

Italy ramps up crypto oversight, introduces tough fines


According to the draft decree seen by Reuters, Italy is looking forward to introducing new rules to govern the new sector. These regulations, which are expected to be endorsed by the cabinet, will come with huge penalties for anyone who engages in the manipulation of the market or exploitation...

Shiba Inu ($SHIB) demonstrates potential for rebound


Shiba Inu ($SHIB) can still surge to $0.000022 given it is way below the 50-day SMA amid volatility of 10.80%. This stems from the belief that the growth of the meme coin is driven by hype across social media. Plus, the market cap is long due to a strong rebound. It has slipped away from …

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