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Price Highs, Bull Runs, and Thieves: Bad Crypto News of the Week
9.8.2020
Check out this week’s Bad Crypto podcast
New York Regulator Fast-Tracks 10 Cryptocurrencies
8.8.2020
The New York State Department of Financial Services has created a Greenlist of pre-approved cryptocurrencies for custody service and listing. Meanwhile, crypto-friendly SEC Commissioner Hester Peirce, also known as Crypto Mom, has been confirmed for another term at the commission....
Polish Financial Watchdog Impersonated by Crypto Scammers
8.8.2020
The PFSA warns scammers are asking people to send cryptos to verify a transaction’s legality before depositing them in a fake investment fund
BTC and ETH Crypto Derivatives in Demand, Market Expected to Grow Further
8.8.2020
Options interest and volumes reach their all-time highs, with derivatives markets exploding as market sentiments remain bullish on BTC and ETH
Goldman Sachs Cryptocurrency: Possible Collaboration With JPMorgan and Facebook
8.8.2020
Goldman Sachs is considering creating its own cryptocurrency. Having recently appointed a new head of digital assets, the company indicated a possible collaboration with other companies, including JPMorgan and Facebook. JPMorgan has created the JPM coin and Facebook has proposed the Libra...
Crypto Adoption Soars in Slovenia: Over 1,000 Locations Accept Cryptocurrencies
8.8.2020
Cryptocurrency adoption is growing rapidly in Slovenia. More than 1,000 locations in the country now accept cryptocurrency payments, including cafes, restaurants, dentists, hair salons, and hotels. Cryptocurrency Adoption Soars in Slovenia The number of locations accepting cryptocurrencies through...
Slow But Steady: FATF Review Highlights Crypto Exchanges’ Struggle to Meet AML Standards
8.8.2020
Compliance with FATF’s travel rule presents major technical difficulties, but the blockchain industry is best-equipped to overcome them
OKEx CEO Says Indian Crypto Ban 'Unlikely', Has 3 Scenarios in Mind
8.8.2020
Major crypto exchange OKEx opened the doors of their new platform in India, amidst speculations that another crypto ban might be incoming. This scenario the exchange's CEO finds unlikely to happen, describing the platform's first day of trading as a "huge success."
On August 5,...
Brief 12K, Many Exploits, Plenty ETH and 20 Crypto Jokes
8.8.2020
This week, bitcoin hit USD 12,000 but fell right back in minutes. More bitcoin flash crashes are coming in this new bull market, a crypto investor warned, while Russian lawyers warned that e-pay laws may have knock-on effects for BTC. Meanwhile, XRP jumped upon seeing a strong demand from...
New Kenyan Digital Tax to Affect Crypto Platforms
8.8.2020
Kenya Revenue Authority (KRA) has announced new regulations that compel users of digital marketplaces to pay digital tax. At a rate of 1.5% on gross transaction value, the new tax is expected to take effect on Jan. 1, 2021. According to a report, the KRA will create a special tax unit to track...
Ransomware Attacks Demanding Crypto Are Unfortunately Here to Stay
8.8.2020
Ransomware attacks are increasingly becoming the norm as the world struggles with the fallout of the coronavirus pandemic
Blockchain Analytics Show Altcoins 2x More Prominent in East Asia Compared to North America
8.8.2020
On August 6, the blockchain intelligence firm Chainalysis published a report that analyzes cryptocurrency trends across various regions worldwide. According to the statistics, North America purchases and holds more bitcoin than any other region. Bitcoin also accounts for the largest share of U.S....
Major South Korean Bank Joins the Crypto Custody Business
8.8.2020
We’re suddenly seeing banks lining up to support crypto custody, and KB Kookmin Bank is looking to get in on the action
Reports Claim UK’s Financial Conduct Authority ‘Pressurized’ to Remove Onecoin Scam Warning
8.8.2020
A recent episode of the popular BBC Sounds podcast the “Missing Cryptoqueen” has shown the public a very interesting view of the powerful Onecoin Ponzi. According to two witnesses the BBC interviewed, a London law firm and a reputation management company allegedly managed to get...
The Brave New World of Generating Yield Returns from Crypto Lending
7.8.2020
Ryan Anderson is the Head of Trading at Wave Financial Group, a Los Angeles and London based investment management company that provides institutional digital asset fund products. Before joining Wave Financial Group in 2019 Ryan was a research associate at Bridgewater Securities and trader...
Price Analysis 8/7: BTC, ETH, XRP, BCH, BSV, LTC, ADA, LINK, BNB, CRO
7.8.2020
Bitcoin and altcoins might consolidate or correct marginally for a few days before a possible breakout to the upside
California's Attorney General Warns People to Be Wary of Crypto Scams
7.8.2020
California authorities recently came out with a fresh cautionary statement on crypto crime
Iran One-Ups the United States? Tehran Seeks Crypto Mining Dominance
7.8.2020
Iran’s government OKs power plants mining crypto as the country moves forward with a national strategy for cryptocurrency mining
Grayscale to Bring Crypto Ads to US Homes Amid Economic Crisis
7.8.2020
Grayscale, a major crypto asset management firm owned by Digital Currency Group (DCG) , is launching a national ad campaign in the US. It comes at the time of great socio-economic and geo-political uncertainties - which might be turning people's head towards financial and monetary...
CoinDCX Becomes First India Exchange to Offer Users Crypto Staking
7.8.2020
Mumbai-based cryptocurrency exchange CoinDCX launched its new product on Friday, allowing users to stake cryptocurrencies from Harmony, Qtum and Tron