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South African Women Lose Money to Crypto Scammer Who Convinced Them That Botswana Pula Coins Are Bitcoins
1.5.2021
A group of South African investors recently confessed to losing money to a brazen scammer after he convinced them to buy and hold nearly worthless physical coins. The coins, which are denominated in the Bostwana pula currency, were initially sold to a group of South African women back in 2019 when...
Shark Tank’s Kevin O’Leary Says ‘Bitcoin Will Always Be the Gold,’ Citing Interest From ‘All Kinds of Institutions’
1.5.2021
Shark Tank star Kevin O’Leary, also known as Mr. Wonderful, says “Bitcoin will always be the gold,” outperforming other cryptocurrencies, such as ethereum, in the long run. He said “there are interests being brought out of all kinds of institutions” for bitcoin. Kevin...
Exchanges Reopen Centers to Cater for Older Crypto Customers
1.5.2021
South Korea’s biggest crypto exchanges are tentatively reopening their bricks-and-mortar customer centers – seemingly driven by a rise in older would-be investors who would rather get tips on crypto buying on a face-to-face basis than via smartphone or PC apps.
Per Chosun and Joongang Ilbo,...
Cryptocurrency Exchange Hotbit Hacked: Systems Paralyzed, 2 Million Users Affected
1.5.2021
A cryptocurrency exchange with about 2 million users worldwide announced that it has “suffered a serious cyber attack.” A number of basic services are paralyzed and the attacker tried to access the exchange’s wallets. Consequently, the platform has shut down, stating that it needs...
Beijing Is Collecting Data From Local Datacenters Involved in Cryptocurrency Mining Activities
1.5.2021
Authorities in Beijing have been conducting checks on cryptocurrency mining datacenters to assess and understand its energy consumption and thus the impact on the electric infrastructure. Although it was reported as a rumor by international media outlets, Chinese state media confirmed...
Fed Chair Jerome Powell Says Dogecoin and Gamestop Hype Highlights ‘Froth in Equity Markets’
30.4.2021
Federal Reserve Chair, Jerome Powell, discussed a number of topics this week such as inflation and central bank digital currencies (CBDCs) following the multi-day Federal Open Market Committee (FOMC) meetings. The central bank’s lead executive was asked about feverish stocks like Gamestop...
A $1 billion crypto fund could be on its way from Andreessen Horowitz
30.4.2021
The VC firm is looking to raise a considerable sum to put towards crypto investments
Young South Korean Crypto Enthusiasts Ditch Youtube For TikTok
30.4.2021
Young South Korean crypto enthusiasts are reportedly increasingly shunning YouTube – once their favorite resource for crypto investment advice and token-related talk – in favor of TikTok-based crypto content-makers.
Per Chosun, Generation Z investors are increasingly looking to broaden their...
Got crypto? Here are 3 debit cards that let you spend your stack
30.4.2021
Crypto debit cards are growing in popularity as holders look for effortless ways to spend their assets
Turkey Jails 6 People as Police Widen Search for Missing Cryptocurrency Exchange CEO Accused of Exit Scam
30.4.2021
Turkey has now jailed six suspects connected to the cryptocurrency exchange Thodex, which has been accused of an exit scam. Turkish authorities and Interpol have widened their search for the exchange’s CEO, who fled the country before shutting down his trading platform, preventing customers...
Experts debate Bitcoin climate footprint in latest Cointelegraph Crypto Duel
30.4.2021
In the latest Cointelegraph video debate, experts discuss pathways towards making Bitcoin more sustainable
Impact of crypto still years out, T. Rowe Price’s head says
30.4.2021
Crypto could still be in its infancy, according to one mainstream company's CEO
Coinbase Buys Data Firm Skew, Company’s First Acquisition Since the Nasdaq Direct Listing
30.4.2021
On April 30, the crypto-focused data analytics company Skew announced the firm has been acquired by the San Francisco company Coinbase. The exchange will leverage Skew’s data with the firm’s institutional subsidiary Coinbase Prime. The goal is to make “cryptocurrency markets more...
Biden’s capital gains tax plan to pull crypto down to earth from the moon?
30.4.2021
More taxes may cause short-term volatility, “but long term, you may see more demand for DeFi applications and other collateralized use cases.”
Hotbit crypto exchange shuts down for maintenance after attempted hack
30.4.2021
The Chinese crypto exchange says funds are “SAFU” and that the emergency maintenance could take up to two weeks
Coinbase to acquire skew crypto data analytics platform
30.4.2021
Some of skew's institutional clients include One River Asset Management and Susquehanna International Group
Turkey jails 6 in probe into missing Thodex crypto exchange CEO
30.4.2021
The arrested siblings of the missing Thodex CEO reportedly own millions of dollars worth of crypto
Uzbek presidential agency proposes legalizing domestic crypto trading
30.4.2021
Uzbekistan wants to lift its ban on cryptocurrency purchases after barring residents from buying crypto in 2019
New Jersey County Liquidates Bitcoin Seized in 2018, Profiting Almost 300%
30.4.2021
Individuals and companies are not the only ones who take advantage of the significant bitcoin prices surging across the board, despite recent pullbacks. In New Jersey, United States, a county yielded profits after liquidating seized cryptocurrencies during a drug investigation. Authorities Gained...
Cuban Challenges Investment Star to Smart Contract Crypto vs Stocks Bet
30.4.2021
Mark Cuban. Source: A video screenshot, Youtube/Vanity Fair
The increasingly bullish former bitcoin (BTC) skeptic Mark Cuban has once again waded into crypto-related waters – setting up a public bet against a high-profile investor who favors conventional stock trading.
Cuban, the star of Shark Tank...