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SEC Chair Gensler: ‘We Don’t Have Enough Investor Protection in Crypto Finance, Issuance, Trading, or Lending’
16.9.2021
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, explained that there is not enough investor protection in cryptocurrency. He added that the securities regulator needs more funding and manpower to effectively regulate the crypto sector. SEC Chair Gensler Says More...
US SEC Issues Warning on Crypto Investment Scams Citing ‘Some Investors May Have FOMO’
12.9.2021
The U.S. Securities and Exchange Commission (SEC) has issued a warning about fraudulent investment schemes involving cryptocurrencies. The regulator notes that some investors may have fear of missing out (FOMO) given the rise in prices of some crypto assets in recent years. SEC Warns Investors...
New USD 750M Crypto Investor, Blockchain Racing + More News
8.9.2021
howard-backed-10t-raises-750-million-for-debut-crypto-fund?srnd=cryptocurrencies">reported. The firm has already deployed about 80% in mid-to-late stage companies in the ecosystem for digital assets, it added.Blockchain project SubQuery has
Standard Chartered Sees Major Upside to Ethereum, Bitcoin
8.9.2021
report titled Ethereum Investor Guide, published by the bank’s new crypto team on Tuesday this week. And according to the team, it is ETH that has the most to gain out of th
Standard Chartered Report Structurally Values Ethereum at ‘$26K to $35K’
7.9.2021
A report published by the British bank Standard Chartered indicates the company’s analysts are bullish about the crypto asset ethereum. The bank’s analysts think that bitcoin could reach $175K and said “structurally, we ‘value’ ethereum at $26,000-$35,000.”...
US SEC releases fresh investor alert against crypto investment scams
6.9.2021
The “rising popularity” of initial coin offerings, including cryptocurrencies, coins, and tokens, is considered the main reason for growing scams and exploits among retail investors
Financial Authority in Singapore Includes Binance on Investor Alert List
6.9.2021
Operating as a top-tier cryptocurrency exchange cluster supporting a pool of tokens, Binance has decided to restrain some of its products in Singapore in response to the investor alert issued by the Monetary Authority of Singapore. The financial watchdog of Singapore signaled in its recent...
Report: Nigerian Securities and Exchange Commission Sets Up Fintech Division for Crypto Research
5.9.2021
Nigeria’s securities regulator, the Nigerian Securities and Exchange Commission (SEC) has set up a fintech division “to study crypto investments.” This was revealed by Lamido Yuguda, the director-general of the SEC during an interview. Protecting Crypto Investors In...
Mastermind of Zimbabwean Bitcoin Pyramid Scheme Vanishes With $6 Million
3.9.2021
Reports from Zimbabwe suggest that an individual by the name of Martin Mhlanga, who is the mastermind behind the Cryptoshares bitcoin pyramid scheme, has disappeared along with over $6 million in investor funds. In addition to Mhlanga’s disappearance, the individuals thought to be managing...
Evan Luthra Joins Soldex as Lead Investor
3.9.2021
Evan Luthra is a prolific angel investor having been in crypto since 2014 and early discoverer in Eaze.com (Fastest growing on-demand Tech company in 2016) and Wheelys Cafe (over 1000+ coffee shops in 40 countries), more recently investing in the seed round of Hashgraph.com (The billion dollar...
Billionaire Evan Luthra Joins Soldex as Lead Investor & Advisor
3.9.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Evan Luthra is a prolific angel investor having been in crypto since 2014 and early discoverer in Eaze.com (Fastest growing on-demand Tech company in 2016) and Wheelys Cafe (over 1000+ coffee shops in...
Billionaire investor John Paulson says crypto has ‘no intrinsic value’
30.8.2021
The billionaire subprime short-trader in the 2008 financial crash said that digital assets have a “limited supply of nothing.”
Momentum 6 Partners With HydraSwap As a Strategic Investor
16.8.2021
On 15 August 2021, HydraSwap broke the much-anticipated news of its partnership with Momentum 6 to the entire community. Momentum 6, which specializes in investment and business expansion consultancy, has decided to strategically invest in HydraSwap, like many others. It currently targets...
‘Wolf of All Streets’ Trader Expects Bitcoin to Surpass $100K Within 6 to 12 Months
15.8.2021
Crypto trader and investor Scott Melker, also known as “The Wolf of All Streets,” expects the price of bitcoin to hit new all-time highs by the end of the year. “I would not be surprised at all to see bitcoin trading in six figures within the next six to 12 months, or ethereum...
Uganda Blockchain Association Endorses Calls for the Creation of Crypto Regulatory Framework
10.8.2021
Uganda’s blockchain community welcomes the recent call on authorities to create a cryptocurrency regulatory framework, a board member of the Blockchain Association of Uganda (BAU) has said. The member, Suleiman Murunga, explains that such a framework “will create investor confidence...
SEC Chair Gensler Outlines Plans for Crypto Trading, Exchanges, Investor Protection, Bitcoin ETFs
5.8.2021
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has outlined how the SEC plans to regulate the crypto industry. Focusing on investor protection, Gensler discussed concerns the SEC has about crypto trading, exchanges, lending, defi platforms, and exchange-traded...
Activision Blizzard’s Latest Investor Call Was An Especially Ghoulish Affair
4.8.2021
Every few months big game companies hold investor calls in which one set of rich people reassures another set of rich people that they are both still rich and will, over the coming months, likely get even richer. Sometimes one of the rich people hints at a new game that’s in development. Other...
FBI joins Mirror Trading probe in Africa to help recover US investor funds
4.8.2021
The Federal Bureau of Investigation is joining the investigation into one of the largest alleged crypto scams of 2020
Polylauncher Wants to Make Angel Investing Accessible to Everyone
3.8.2021
Fundraising has experienced a dramatic change over the past ten years. What was once limited to individuals with a specific acumen, network, and level of capital is now accessible to anyone with an internet connection. New technologies and platforms allow the average retail investor to become...
South Africa Bitcoin Heist: Court Grants Liquidators Authority to Track Missing Africrypt Investor Funds
3.8.2021
A South African court has granted liquidators of the collapsed bitcoin investment firm Africrypt the powers to track down missing investor funds. Also, as part of the court decision, Africrypt liquidators will now have the authority to sell assets and property belonging to the company....