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US Treasury report outlines potential financial risks of NFTs
29.5.2024
The government department outlined potential concerns with the NFT market, including terrorist financing, theft, and funding nuclear proliferation
Pepe memecoin hits record high but risks a brutal 40% crash by June
27.5.2024
PEPE's ongoing trend mirrors the price behavior that happened before a 40% crash in January
Bitcoin dominance risks breaking 18-month uptrend on Ether ETF launch
24.5.2024
Ethereum ETFs may spark a new "altseason," traders suggest, with Bitcoin losing market share after hitting two-year highs
Indian Central Bank RBI Warns Retail Investors of Crypto’s Lack of Accountability and Stability
24.5.2024
The Reserve Bank of India (RBI)’s May 2024 bulletin warns retail investors that “the crypto ecosystem lacks accountability and stability and is marked by regulatory ambiguity.” The Indian central bank also cautioned that some cryptocurrency systems may be “prone to crisis...
SEC Chair Gensler Opposes Crypto Bill FIT21 Citing Regulatory Loopholes and Increased Risks to Public
22.5.2024
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has strongly opposed the crypto bill Financial Innovation and Technology for the 21st Century (FIT21) Act ahead of the House vote. He stressed that “many players in the crypto industry don’t play by the rules,” leading...
Vitalik Buterin stresses AI risks amid OpenAI leadership upheaval
21.5.2024
Vitalik Buterin calls superintelligent AI "risky" amid leadership upheavals at OpenAI, stressing the need for caution and decentralization in AI development
Bitcoin shorts worth $1.4B at risks of liquidation if BTC price hits $74.3K
21.5.2024
The recent bullish price momentum is attributed to several factors, including increasing investor confidence, decreasing exchange supply and the positive influx into spot BTC ETFs
Bitcoin ETFs are 'orange FOMO poker chips' that siphon on-chain funds back into TradFi
20.5.2024
Bitcoin’s goal of creating a decentralized financial system may be challenged by ETFs “dragging money back into the TradFi world,” according to the macro researcher
Shiba Inu Investors Target New Bitcoin ICO, Aiming for 100x Returns
15.5.2024
As Shiba Inu (SHIB) consolidates within the confines of a multi-month pennant structure and risks a downside breakout, investors are instead targeting an exciting new Bitcoin ICO called 99Bitcoins (99BTC), as they aim for potential 100x returns.
The post Shiba Inu Investors Target New Bitcoin...
Turkey’s Crypto Regulations Ready for Parliament, Draft Prioritizes Consumer Protection and Global Standards
13.5.2024
Lawmakers in Turkey are reportedly set to submit a draft law on crypto regulation to the parliament this week. The proposed regulations aim to reduce risks for people dealing with cryptocurrency.
The post Turkey’s Crypto Regulations Ready for Parliament, Draft Prioritizes Consumer Protection...
Bank of Canada Governor Warns of ‘Sharp Correction’ Risks in Markets and ‘System-Wide Stress’
12.5.2024
In his speech on the release of the Financial Stability Report, Tiff Macklem, Governor of the Bank of Canada, sought to emphasize the purported strength of Canada’s financial system while cautioning against ongoing risks that could precipitate a “sharp correction” in markets...
Taiwan Proposes AML Amendments, Seeks Jail Terms and Fines for Non-Compliant Crypto Service Providers
10.5.2024
In response to fraud and money laundering risks in the virtual asset landscape, Taiwan’s Ministry of Justice has proposed several amendments to the city’s existing AML laws, suggesting hefty fines and prison terms for non-compliant service providers.
The post Taiwan Proposes AML Amendments, Seeks...
Bitcoin mining difficulty risks biggest dip since 2022 as BTC price eyes $60K
9.5.2024
Bitcoin may still be trading above $60,000, but network fundamentals are already showing the strain as BTC price gains fail to materialize
Philosopher Yuval Noah Harari warns of AI’s risks in finance
7.5.2024
The bestselling author, philosopher and historian sees grim potential for AI to get out of control in the financial system
Crypto firms among ‘greatest risks’ for money laundering in 2022-2023: UK govt
2.5.2024
Crypto firms, wealth management companies, and retail and wholesale banking remain “particularly vulnerable” to financial crime, according to a U.K. Treasury report
Crypto Was One of the Biggest Money Laundering Risks in 2022-2023: UK Govt. Report
1.5.2024
Between 2022 and 2023 Crypto alongside retail banking, wholesale banking and wealth management posed the greatest risk of being exploited for money laundering, a report by the U.K. Treasury department showed
EU touts health benefits for children in the metaverse despite risks
26.4.2024
The European Union’s in-house think tanks says the metaverse can help children heal from diseases
Bitcoin’s red alert: Price dips below $63K, risks further decline
26.4.2024
Bitcoin has recently demonstrated an ability to bounce off the dip to the $64,000 support level, breaking the $64,500 resistance level. Nevertheless, the cryptocurrency encounters an obstacle at the $65,500 resistance level, reaching $65,300 and then falling again. The shrinkage caused Bitcoin...
a16z Crypto Advises Against U.S. Token Sales, Citing Regulatory Risks
26.4.2024
a16z Crypto, the crypto arm of Andreessen Horowitz, has issued a stern warning to startup founders considering token sales in the United States.
The post a16z Crypto Advises Against U.S. Token Sales, Citing Regulatory Risks appeared first on Cryptonews
Bitcoin price risks 1-week lows as US GDP sparks 'stagflation' woes
25.4.2024
Bitcoin traders remain unfazed while BTC price action follows stocks downward on the back of surprise U.S. macro data