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UBS Advises ‘Stay Clear’ of Cryptocurrencies — Warns ‘Regulators Will Crack Down on Crypto’
6.7.2021
Switzerland’s largest bank, UBS, has advised investors to “stay clear” of cryptocurrencies and “build their portfolio around less risky assets.” The UBS analysts warned that “Regulators have demonstrated they can and will crack down on crypto.” UBS’...
Your keys, his coins — Cryptopia employee admits to stealing $172K in crypto
5.7.2021
The theft was first discovered in September and was not yet connected to the crypto exchange going into liquidation the previous year
Bitcoin exchange supply hits a 6-month low as accumulation continues
5.7.2021
The likelihood of another steep selloff for BTC is diminishing as more holders are accumulating, according to data from Santiment
4,000 Institutional Funds in Germany Can Now Invest 20% of Portfolios in Crypto Assets
5.7.2021
Around 4,000 institutional funds with almost 2 trillion euros in assets under management in Germany can now invest 20% of their portfolios in cryptocurrency, including bitcoin. The highly anticipated Fund Location Act (Fondsstandortgesetz) went into effect on July 1 in Germany. The German federal...
Grayscale adds Cardano to Digital Large Cap Fund after rebalancing
5.7.2021
Cardano (ADA) becomes the third-largest component of the GDLC basket after Bitcoin and Ethereum
Report: Vietnam's PM asks State Bank to trial digital currency on blockchain
5.7.2021
Vietnamese news outlets have reported that the country's prime minister, Phạm Minh Chính, has tasked the State Bank with studying and conducting a pilot for a digital currency
FinCEN Names Misuse of Cryptocurrencies a National Priority
4.7.2021
The Financial Crimes Enforcement Network (FinCEN) has named “cybercrime, including relevant cybersecurity and virtual currency considerations” a national priority. In particular, the Treasury is concerned about the “misuse of virtual assets that exploits and undermines their...
Ether price hits 2-week high as London hard fork momentum builds
4.7.2021
The second-largest cryptocurrency by market capitalization peaked north of $2,350 on Sunday, its highest reading since June 18. Bitcoin price stability and anticipation of major protocol upgrades are fueling investors’ appetite for ETH
Top 5 cryptocurrencies to watch this week: BTC, ETH, UNI, ICP, AAVE
4.7.2021
Bitcoin may pick up momentum in the next few days and select altcoins ETH, UNI, ICP, and AAVE could also rally along
New Bill to Ban Crypto Payments in Iran, Support Mining and Regulate Exchange
3.7.2021
Urged by the growing popularity of cryptocurrencies, Iranian lawmakers have prepared new legislation to introduce comprehensive rules for the expanding industry. While the bill effectively bans crypto payments in the country, it aims to support cryptocurrency mining and regulate the exchange...
Cryptocurrency and the rise of the user-generated brand
3.7.2021
When looking at cryptocurrencies from a marketing perspective, they present a significant paradigm shift in branding
Ukraine Shuts Down Illegal Mining Farm With 150 Rigs
3.7.2021
Law enforcement officials in Ukraine have closed down a cryptocurrency mining farm that was minting digital coins using stolen electricity. The facility had more than 150 mining rigs that have been confiscated during a raid in Chernihiv region. Authorities in Ukraine Seize Over 150 ASICs From...
Bank of Russia to Study Risks of Crypto Investing With Banks and Payment Providers
3.7.2021
The Central Bank of Russia (CBR) has set out to examine the risks associated with cryptocurrency investments. The regulator is going to conduct a dedicated study with the participation of major banks and payment processors operating in the Russian market. CBR Adds Crypto to Its Survey Program...
Altcoin Roundup: Smart investors don’t just buy dips, they dollar-cost average
2.7.2021
The crypto market may be down from its all-time highs, but dollar-cost averaging is still the best way to build long-term profits
BIS Economist Recommends ‘Technology-Neutral’ Crypto Regulation, Low-Cost Supervision of Decentralized Markets
2.7.2021
An economist with the Bank of International Settlements has found that cryptocurrencies are not sought as an alternative to fiat currencies or regulated finance, therefore a “technology-neutral regulation to this asset class” is recommended. The economist discussed “embedded...
Proposed bill in Iran could ban all foreign-mined cryptocurrencies
2.7.2021
Lawmakers seem to be attempting to establish a legal framework behind a Central Bank of Iran decision for people to only use crypto from state-licensed mining operations for payments
What is really behind El Salvador’s ‘Bitcoin Law’? Experts answer
2.7.2021
Here’s what crypto and blockchain experts think about Salvadoran President Nayib Bukele’s announcement that Bitcoin is now legal tender
NBA’s Portland Trail Blazers to wear crypto logo for next five years
2.7.2021
The Trail Blazers will reportedly feature the StormX logo on team jerseys for the next five years, beginning with the 2021-22 season
Crypto ownership has nothing to do with distrust in fiat: BIS study
2.7.2021
Cryptocurrency owners are “generally more educated than the average,” according to a new study by the Bank for International Settlements
Bithumb to ban employees from trading crypto on its platform
2.7.2021
After introducing staff-related trading restrictions a while ago, Bithumb will soon completely ban its employees from using its platform to trade crypto