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Lloyds Bank Warns Over Rising Threat of Crypto Scams


Source: AdobeStock / JeromeMaurice Lloyds Bank has issued a warning over a significant surge in crypto scams, revealing a 23% rise from the previous year. As per the UK bank’s report, victims are losing an average of $13,130, marking a notable rise from the previous year’s average of $8,570....

Failure to ‘Properly’ Regulate Crypto Has Cost Ukraine $49bn – Study


Source: Vaksmanv/Adobe Ukraine’s failure to adequately regulate the crypto sector cost the nation just shy of $49 billion in the period 2016 to 2022, a study has found. The study was carried out by Ukraine Economic Outlook, in association with the crypto exchange Kuna and an industry group named...

Ripple Expands Payments Network to 70+ Crypto and Traditional Payout Markets


Ripple has expanded its payments network to more than 70 crypto and traditional payout markets. “Accumulatively this adds up to 90% of the global foreign exchange market,” the company explained, highlighting that the Ripple network has facilitated over $30 billion in payment volume...

UBS Allows Crypto ETF Trading for Select Hong Kong Clients


Source: AdobeStock / lenscap50 UBS Group AG has joined rivals such as HSBC Holdings Plc, in extending an invitation to select clients in Hong Kong to trade specific crypto-linked exchange-traded funds (ETFs). The decision aligns with Hong Kong’s recent efforts to establish itself as...

House Approves Amendment to Limit SEC’s Crypto Enforcement Authority


The U.S. House of Representatives has approved an amendment to the Financial Services and General Government Appropriations Act that limits the authority of the U.S. Securities and Exchange Commission (SEC) to carry out enforcement actions against the crypto industry. “Gary Gensler is...

Best Crypto to Buy Now November 9 – Kaspa, Illuvium, Mina Protocol


Kaspa sets a record high, leading the pack as the best crypto to buy now. Get the latest on this and other top performers. Image by cryptonews.com. With the Kaspa price hitting another all-time high earlier today, Kaspa (KAS), along with Illuvium (ILV), Mina Protocol (MINA), Bitcoin ETF Token...

Celsius Bankruptcy Saga Nears Closure as Court Approves Restructuring Plan


In a pivotal moment for Celsius Network LLC and its affiliates, the Southern District of New York Bankruptcy Court has issued a confirmation order for the modified joint Chapter 11 Plan of the crypto lender. The approval sets the stage for a significant overhaul following the tumultuous financial...

Bitcoin Fees Climb 150% in 3 Days as Block Space Grows More Expensive


Transaction fees within the Bitcoin network have surged considerably, eclipsing the figures recorded merely three days prior. A transfer deemed high-priority, which formerly cost an average of $3.38, now demands a fee of $8.46. This significant increase was recorded on Thursday, November 9, 2023...

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