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Korea’s Shinhan Bank makes strategic investment in crypto custody consortium
11.1.2021
South Korea’s Shinhan Bank has invested in a crypto custody service backed by local crypto exchange Korbit
Crypto Traders Smell Institutional-Grade Bitcoin Price Manipulation
11.1.2021
Source: iStock/Spencer_Whalen
After welcoming a flock of major institutional investors into the Bitcoin (BTC) world in 2020, the cryptoverse is now debating that the crypto market has entered another level of manipulation also.
"Bitcoin's parabolic rise is unsustainable in the near term....
Reddit User Finds 127 Old Bitcoins at Grandpa’s House – Pockets Over $4 Million After Selling
11.1.2021
A Reddit user says he (or she) recently regained access to the keys of 127 bitcoins eight years after last accessing the coins. Immediately after regaining access, the user sold all the bitcoins and pocketed over $4 million in the process. According to the user, they received the bitcoins...
Crypto Custody Firm Leaves Singapore’s Regulatory Sandbox With License, ISO Rating
11.1.2021
The firm exits the sandbox with what it claims is the first ISO 27001 certification for a crypto custody provider
UK’s FCA Warns Investors of High-Risk Crypto Investments and Scams
11.1.2021
The Financial Conduct Authority said investors in cryptocurrency products offering high returns should be prepared to lose "all their money."
Russian Banks Given Power to Freeze or Block Crypto-linked Accounts
11.1.2021
New Russian banking regulations will allow financial institutions to freeze or block the bank accounts of individuals or companies they think are associated with crypto activities.
The rule change have been imposed by the nation’s Central Bank, which has outlined changes it will make to...
FCA warns of crypto investment risks as Bitcoin dives below $33K
11.1.2021
The Financial Conduct Authority has warned the public about crypto investment as Bitcoin dove below $33,000
The CFTC Asks Court to Issue Fines in Excess of $100M Against Mastermind of a Fraudulent Crypto Scheme
11.1.2021
The Commodity Futures Trading Commission (CFTC) has filed a motion with the New York Southern District Court that seeks heavy penalties against Michael Ackerman, the mastermind of a fraudulent cryptocurrency scheme. According to the motion, the U.S. agency wants the court to order Ackerman to...
Crypto Advocates Think Joe Biden’s $3 Trillion Stimulus Plan Will Bolster Bitcoin
11.1.2021
According to various reports, U.S. President-elect Joe Biden is planning to create another $3 trillion for Covid-19 relief and infrastructure. The massive stimulus plan and the backers behind the Biden administration have made crypto proponents believe that bitcoin will prosper greatly. Biden...
Crypto user recovers long-lost private keys to access $4M in Bitcoin
11.1.2021
Even with their newfound fortune, the lucky student said they will avoid “expensive luxuries” like a new car or house
Crypto Long & Short: Traditional and Crypto Markets are Starting to Converge
10.1.2021
The latest OCC statement, which opens the door for banks to use blockchains to validate payments, hints at more than just better services
European eToro Traders Call Foul Over Closure of Leveraged Crypto Contracts
10.1.2021
Traders in Europe are threatening legal action against eToro for allegedly closing their leveraged crypto positions without enough notice
While Bitcoin’s Price Dips in Value, Crypto Assets Like Ethereum and Bitcoin Cash Shine
10.1.2021
The price of bitcoin has dropped on Sunday losing more than 6% during the last 24 hours, but a myriad of other coins have seen significant gains in contrast. Cryptocurrencies like bitcoin cash, ethereum, and monero have all jumped in value while bitcoin has seen a decent drop. Bitcoin (BTC) dropped...
Bar owner wants to sell two NYC watering holes for $1M in Bitcoin
10.1.2021
"I’m hoping to catch one of these crypto dudes who always wanted to own a bar," said Patrick Hughes
CoinSpot Is Ideal Starting Point for Australian Investors to add Crypto to Portfolios in 2021
10.1.2021
PRESS RELEASE. As the most trusted platform to buy, sell and exchange Bitcoin, Ethereum, and more than 230 other cryptocurrency tokens for Australian investors, CoinSpot encourages people who have not yet explored the investment opportunities surrounding crypto to make this new year the time they...
ETH Fees Surge to All Time High After the Crypto Passed the $1,000 Mark
10.1.2021
After the ether token surged past the $1,000 mark on January 3, the average transaction fee on the network similarly soared to a new all-time high (ATH) of $17.41, some 24 hours later. Although the average fee has since retreated, data on January 8 shows that the latest average fee at $9.79. This...
Top crypto mergers and acquisitions of 2020
10.1.2021
Amid the chaos that was 2020, crypto companies inked almost $700 million worth of mergers and acquisitions
Morgan Stanley Massively Increases Bitcoin Exposure Through Microstrategy
9.1.2021
Global investment bank Morgan Stanley has increased its bitcoin exposure manyfold by investing in Microstrategy, the Nasdaq-listed company which currently holds about 70,470 bitcoins. Morgan Stanley now has a 10.9% stake in Microstrategy. ‘Even Banks Want Bitcoin’ Global financial...
Bitcoin ‘Going Through the Roof’ Unlike Assets Controlled by Government, Says Former Fed Governor
9.1.2021
Former Federal Reserve Governor Kevin Warsh is bullish on bitcoin. He sees all assets that are not controlled by the U.S. government “going through the roof,” unlike those the Fed purports to control. He has outlined three reasons why bitcoin makes sense to him. Why Former Fed Governor...
Ripple’s CEO Addresses Key Allegations by US SEC — Legal Response Coming Soon
9.1.2021
Ripple CEO Brad Garlinghouse has addressed some of the allegations made by the U.S. Securities and Exchange Commission (SEC) against his company. He focused on answering five questions on what he calls “unproven allegations” by the regulator. Garlinghouse Says There Is ‘Regulatory...