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US Regulator Issues Warning for Firms Providing Clearings Services for Crypto
30.5.2023
A US regulator warned firms on Tuesday of the risks that come with the clearing of digital assets.
The US Commodity Futures Trading Commission issued an advisory titled, “Review of Risks Associated with Expansion of DCO Clearing of Digital Assets.”
Derivatives clearing organizations, or DCOs...
‘Dealt with firmly’ — Bali governor issues warning to tourists using crypto
29.5.2023
Cryptocurrency trading is legal in Indonesia, but the use of crypto in payments carries hefty penalties including jail time
EU Securities Watchdog ESMA Warns of Unregulated Crypto, Gold Investment Offerings
28.5.2023
The European Securities and Markets Authority (ESMA) has issued a warning regarding investments in assets like cryptocurrencies. They will remain unregulated in most countries until the EU’s Markets in Crypto Assets (MiCA) law is enforced across the Union, the regulator pointed out. ESMA Highlights...
Is PepeDerp The Next Pepe Coin or a Scam? CoinMarketCap's Warning & 3 Better Alternatives (AiDoge, Ecoterra, yPredict)
25.5.2023
Due to the increasing frenzy surrounding the meme coin sector, several new meme tokens have emerged.
Following the remarkable Pepe Coin’s price explosion, a similar meme coin called PepeDerp emerged in the crypto space.
Launched on May 21, 2023, PepeDerp’s design combines the Pepe the Frog...
FBI releases warning about fake crypto job advertisements
23.5.2023
The fake job advertisements have lured prospective employees to foreign countries and then forced participation in cryptocurrency fraud schemes
Zimbabwe sells millions of gold-backed crypto tokens despite IMF warning
15.5.2023
The Reserve Bank of Zimbabwe’s first gold-backed cryptocurrency sale has been a success
BTC price bounces at $25.8K lows amid warning over low whale interest
13.5.2023
Bitcoin traders line up "safe" support levels, but order book data is making one observer uneasy about the future
Inflation in China Down to Lowest Number in More Than Two Years; Analyst Proposes Giving Cash Handouts to Avoid Deflation
13.5.2023
Inflation in China registered an increase of 0.1% year-over-year in April, according to numbers from the National Bureau of Statistics of the country, falling below expectations. Some analysts are already warning about the dangers of deflation, even calling on the Chinese government to deliver cash...
Goldman Sachs, Yellen Warn of US Default’s ‘Catastrophic Consequences’ — ‘There Is Real Risk to US Dollar’
12.5.2023
A Goldman Sachs executive who also serves as the chair of a Treasury advisory committee has warned that a U.S. default poses “real risk to the U.S. dollar.” She stressed: “Anything that moves us away from being viewed as the world’s reserve currency, of being the safest most liquid...
Economist Peter Schiff Says ‘Nobody’s Money Is Safe in Any Bank’ — Warns of Financial Crises, Depressions
11.5.2023
Economist Peter Schiff expects a lot more banks to fail, warning that “nobody’s money is safe in any bank.” He stressed: “When the Fed sets interest rates too low and prints a lot of money … it unleashes massive inflation, creates tremendous economic imbalances that result in financial crises...
Bitcoin cracks $28K on CPI amid warning US inflation 'highly elevated'
10.5.2023
Bitcoin joins altcoins in reacting strongly to CPI data coming in below estimates, with BTC price clawing back ground toward $30,000
Lawmaker Warns US Default Risks Dollar’s Reserve Currency Status, Exploitation by China and Russia
10.5.2023
The top Democrat on the House Intelligence Committee has warned that China and Russia would seek to exploit the chaos resulting from a U.S. default. He further cautioned that the U.S. dollar’s reserve currency status could be eroded if the U.S. defaults on its debt obligations. U.S. Lawmaker’s Debt...
Warren Buffett dumps $13.3B in stocks — A warning sign for Bitcoin and risk-assets?
9.5.2023
The "Oracle of Omaha" has increased Berkshire Hathaway's cash holdings by $2 billion in Q1, signaling his decreasing confidence in risk-assets
Analysts Warn of More Bank Failures, Possible Recession and Global Repercussions Caused by First Republic Bank Collapse
3.5.2023
The recent takeover of First Republic Bank, the fourth U.S. bank to fail this year, has awakened concerns about the possible repercussions this new failure might have on U.S. and international economies. While United States President Joe Biden has assured the public that the banking system remains...
Coinbase Issues Warning to SEC: Prepared to Fight Back If Sued
28.4.2023
Major crypto exchange Coinbase continues its pushback against the US securities regulator, telling the agency that it would be a "well-resourced adversary" if sued.
Coinbase responded to a notice sent last month by the US Securities and Exchange Commission (SEC), which suggested that the agency...
Destiny 2 Fights Back Cheating Devices, Sends Out Warning
14.4.2023
Bungie is cracking down on Destiny 2 players using third-party peripherals to cheat in the game’s competitive and cooperative modes.Read more
IMF Economist Warns of Side Effects From Sharp Monetary Policy Tightening — Says Financial Risks Have Increased
13.4.2023
The International Monetary Fund’s (IMF) economic counselor has warned of the side effects of sharp monetary tightening. Noting that “Inflation is much stickier than anticipated,” he stressed that “financial risks have risen.” IMF Economist’s Warning Pierre-Olivier Gourinchas...
Today in Crypto: Ex-investment Banker Charged in a Crypto Fraud Case, Binance.US to Delist Tron, Spain to Send 328,000 Tax Warning Notices to Crypto Holders
12.4.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Ex-investment Banker Charged in a Crypto Fraud Case, Binance.US to Delist Tron, Spain to Send 328,000...
Strategist Expects US Recession by Year-End, Fed Tightening to Drag Down Economy
11.4.2023
Investment bank MPS Capital Services has warned that the U.S. economy will be in a recession by year-end. The firm’s strategist predicts that the Federal Reserve will raise interest rates by an additional 25 basis points, warning that the central bank’s monetary tightening “will...
US Dollar Could Lose Most of Its Value in 5 Years, Investment Manager Warns
10.4.2023
Investment manager Larry Lepard has warned that the U.S. dollar could lose most of its value within five to 10 years. Following the onset of the Russia-Ukraine war, “the U.S. did something which I perceived to be very stupid, which is it seized $600 billion of Russian currency reserves,...