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Another Big 4 Australian Bank Blocks Payments to ‘High-Risk’ Crypto Exchanges
19.7.2023
National Australia Bank (NAB) has joined other major lenders in the country in blocking payments to some cryptocurrency exchanges. The banking institution said it’s introducing new customer protections regarding financial transactions with certain scam-related crypto platforms. Australia’s NAB Bank...
5 High-risk, high-reward crypto to invest in 2023
11.7.2023
Navigating the turbulent crypto market environment can be a thrilling venture for those willing to take on an element of risk
Founder of SEC Office of Internet Enforcement Warns of Upcoming Regulatory Siege: ‘Get Out of Crypto Platforms Now’
10.6.2023
John Reed Stark, founder and former chief of the Office of Internet Enforcement of the U.S. Securities and Exchange Commission (SEC), has warned about a new regulatory “siege” against crypto platforms. Reed Stark believes that “crypto trading platforms are high-risk, perilous,...
Major Australian bank to decline ‘certain’ payments to crypto exchanges
8.6.2023
James Roberts, Commonwealth Bank General Manager of Group Fraud Management Services cited a huge scale of "investment scams" involving crypto exchanges
Russians Warned Against Saving in Crypto Amid Declining Savings in Foreign Fiat
1.6.2023
A government official in Moscow has advised Russians to avoid cryptocurrencies now when interest in foreign fiat currencies is declining in the country. The high-risk assets are not suitable for the savings of most people and make sense only for investments by rich people, his comments suggest....
Australia asks if ‘high-risk’ AI should be banned in surprise consultation
1.6.2023
The Australian government suddenly announced a new eight-week consultation to ask how heavily it should police the AI sector
BNB Chain issues list of 191 high-risk, untrustworthy DApps and fake tokens
17.4.2023
BNB Chain’s proactive alert does not represent the risk level of the underlying DApp project. Instead, it is aimed at helping users in their research prior to making investment decisions
Coinbase Tries AI Assistant Chatgpt for Pre-Listing Risk Assessment of Tokens
23.3.2023
Crypto exchange Coinbase has tested Openai’s Chatgpt as a token verification tool comparing it with its standard security procedure. In over half of the cases, the AI platform produced the same results as the manual review, but it also failed to recognize some high-risk assets. Chatgpt Approves...
British Bank Natwest Implements New Limits on Cryptocurrency Payments to Combat UK Crypto Scams
15.3.2023
On March 14, 2023, the U.K.-based bank Natwest Group announced new limits on cryptocurrency payments, citing crypto scams that cost U.K. consumers £329 million annually. The limit imposed on crypto exchanges is £1,000 daily ($1,215), with a 30-day limit of £5,000 ($6,077). Natwest’s Cautious...
Russian Darknet Markets, Ransomware Groups Thrive Despite Sanctions, Report
27.2.2023
Russian marketplaces on the dark web have continued to operate despite Western sanctions and efforts to shut them down, according to a report accessing the illicit blockchain space amid the world’s “first crypto war.” Ransomware actors and high-risk crypto exchanges have also remained active....
UK Bank Starling Blocks Payments to Crypto Platforms — Claims Crypto Is High Risk, Heavily Used for Criminal Purposes
26.11.2022
Starling Bank has informed its customers that the bank no longer supports fund transfers to cryptocurrency platforms, including crypto exchanges. The bank stated that cryptocurrencies “are high risk and heavily used for criminal purposes and, as such, we no longer support them.”...
UK bank Starling bans crypto-related purchases and deposits citing high risk
24.11.2022
Starling has banned its customers from purchasing cryptocurrencies with their bank cards or receiving transfers from crypto merchants
California Regulator Reveals Investigation Into FTX’s Failure, Says ‘Crypto Assets Are High-Risk Investments’
11.11.2022
After it was discovered that FTX was dealing with financial issues and the crypto exchange paused withdrawals, U.S. regulators started to take notice. On Nov. 10, 2022, California’s Department of Financial Protection and Innovation (DFPI) published a consumer alert and said the state regulator...
Santander UK Limits Cryptocurrency Exchange Transactions, Bank Says Investing in Crypto ‘Can Be High Risk’
3.11.2022
On Nov. 3, Santander UK, the subsidiary of the Spanish financial giant Banco Santander, S.A., published a notice that says “investing in cryptocurrency assets can be high risk.” Furthermore, the British bank also imposed a limit on cryptocurrency exchanges using the firm’s...
ASIC's Longo pledges action against certain ‘high-risk’ crypto products
3.11.2022
The chair of Australia’s market regulator has warned that “action will be taken” on financial product issuers who promote risky products to a wide consumer base
'High Risk' Crypto Activity Surges in Eastern Europe Amid Russia-Ukraine War: Chainalysis
12.10.2022
Crypto activity determined as "high risk" and "illicit" has surged in Eastern Europe since the start of the Russia-Ukraine war, according to a report by blockchain analytics firm Chainalysis
New free-to-own GameFi model is "high-risk" according to CZ
30.8.2022
The blockchain gaming firm in question raised over $200 million on Monday to further its NFT operations
FTX blocks Aztec Network privacy DApp, calling it a ‘high risk’ mixer
19.8.2022
Some users took to Twitter to bemoan what some are calling a continuing attack on privacy in the wake of the U.S. Treasury Dept.’s action against Tornado Cash
FCA cracks down on the ads of high-risk assets, but not crypto
1.8.2022
British financial watchdog will tighten the guidelines for promoting high-risk products to individual investors
CashFi (CFI) & The Sandbox (SAND): Are These Altcoins High-Risk Purchases?
27.6.2022
Cryptocurrency investment can be equally as risky as it can be profitable. The volatile nature of the crypto market makes it possible for you to lose it all within hours or be made for life in a few minutes. These events depend on how well you understand the concept of risk management in the coin...