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FTX exchange floats $1M prize for banks to accept stablecoins
28.12.2021
Stablecoins like USDT are under scrutiny in the United States, with some lawmakers calling for greater regulatory oversight of the industry
5 New Blockchain Funds You Could Invest in Today
28.12.2021
If you would like to add blockchain exposure to your investment portfolio without buying cryptoassets, you could buy shares in blockchain funds.
Read on to discover five new entrants in the blockchain investment funds space that launched in 2021.
Blockchain investment funds are investment...
Bank of Russia to Collect Data on Crypto-Related Transactions Between Individuals
28.12.2021
The Central Bank of Russia (CBR) plans to obtain information from commercial banks pertaining to some money transfers between private individuals, including clients trading cryptocurrency. The measure is likely to affect online crypto exchangers which the regulator accuses of conducting illegal...
Kraken Working on Marketplace Where Customers Take Loans Backed by NFTs
28.12.2021
Kraken recently announced developing a marketplace where customers can use NFTs as collateral to take loans. The venture aims to release the platform in February 2022 at the earliest. With the development, Kraken is directly challenging FTX Exchange and Binance, which are already running...
SHIB, BTC, DOGE Accepted by Breast Cancer Charity
28.12.2021
Susan G. Komen, which is one of the key breast cancer foundations across the globe named after the late fashion model, has started to embrace cryptocurrencies by collaborating with donation solution The Giving Block. This means that cryptocurrency investors from various parts of the world...
Delta Exchange’s $DETO Rewards: $50 Million Reward Pool with Trade Farming!
28.12.2021
Introduction to Delta Exchange One of the leading crypto derivatives exchanges, Delta exchange, was founded in 2018 with a vision to build the most liquid, advanced, and recognized crypto derivatives exchange for both retail and institutional investors. Delta Exchange is backed by Aave ventures...
HP-Branded Servers Hijacked to Mine $110,000 Worth of Cryptocurrency
28.12.2021
Hackers recently took control of a group of HP-branded servers and used them to remotely mine a cryptocurrency called raptoreum, according to reports. This resulted in the compromised cluster of HP machines becoming the biggest contributor to the total mining pool of the cryptocurrency, allowing...
Cryptocurrency Trends in 2022
28.12.2021
2021 has been a pretty good year for crypto enthusiasts. Since January, Bitcoin has gained almost 70%, and the entire market is now worth over 2 trillion US dollars. Important milestones have also been passed. Apart from the IPO of Coinbase, increased adoption by major banks and the approval of...
B2BX Exchange Announces New Features and 61 Crypto Pairs
28.12.2021
With more cryptocurrencies entering the market, trading platforms are also evolving their offerings. B2BX exchange became its latest testament as it announced new features and a whopping 61 new crypto pairs. The development elevates B2BX Exchange’s services and user experience to a new level....
Crypto Scammer Arrested in Bangkok After Fleeing With 500 Million Baht
28.12.2021
A man allegedly behind a cryptocurrency investment scam has been arrested in Bangkok, Thailand. He lured people into investing in his fraudulent crypto scheme by promising high returns, telling investors they could earn a 400% return by investing in just 200 days. Alleged Crypto Scammer Arrested...
Winter’s Here for Bitcoin Miners in Kazakhstan and Iran as Cold Weather Brings Slowdowns
28.12.2021
Cold weather in some of Bitcoin (BTC) and crypto mining’s hotspots is bringing bad tidings for the industry – with power interruptions experienced in Kazakhstan and the government intervening in Iran....
Read More: Winter’s Here for Bitcoin Miners in Kazakhstan and Iran as Cold Weather Brings...
Crypto Exchange Binance Receives Approval in Bahrain — Plans to Become Regulated, Centralized Worldwide
28.12.2021
Binance has received in-principle approval from the Central Bank of Bahrain to operate a cryptocurrency service provider in the country. The license is part of Binance’s “plans to become a fully-regulated centralized cryptocurrency exchange,” the crypto exchange detailed....
Mexico’s Third Richest Billionaire’s Advice: Invest in Bitcoin, Stay Away From Dollars, Euros
28.12.2021
Mexico’s third-richest billionaire has advised people to stay away from fiat currencies, like the dollar and euro, and invest in bitcoin. Calling fiat “fake money made of paper and lies,” he stressed that “central banks are printing more money than ever before.”...
North Korea Views its USD 1.7B Crypto Hack Hauls as a ‘Long-term Investment’
27.12.2021
North Korea “has hacked USD 1.7 billion worth of crypto from exchanges,” reports have claimed -and experts say that Pyongyang is going long on its haul of tokens, rather than immediately swapping them for cash....
Read More: North Korea Views its USD 1.7B Crypto Hack Hauls as a ‘Long-term...
Pensioners of the National Oil Company Will Receive 2 Petros as a Gift in Venezuela
27.12.2021
The pensioners of the state-owned oil company of Venezuela, PDVSA, have started receiving a Christmas bonus in petros (PTR), the first national cryptocurrency launched back in 2018. The petro, which is backed by Venezuelan oil and other resources, can be traded in local exchanges for these...
5 Platforms Offering Relief to Your Crypto Tax Headache
27.12.2021
Let’s face it. Cryptocurrencies and taxes are the world’s biggest headache for financial professionals and just about everybody. Governments are yet to catch up with and figure out which cryptocurrency project belongs to which asset class. So, the rules are so many and so confusing that...
Bank of Russia Wants to Restrict Crypto Investments by Blocking Card Payments, Report Reveals
27.12.2021
The Central Bank of Russia is currently reviewing various ways to prevent Russians from investing in cryptocurrency. One the options on the table is to block card payments to certain recipients such as crypto exchanges, a media report has unveiled. A recent meeting at the State Duma has indicated...
Elcheron Malware Targets Crypto Users on Telegram: Here’s How to Stay Safe
27.12.2021
There is a new Telegram malware dubbed Elcheron, which joins crypto-focused groups in a bid to steal crypto wallets and account credentials, said SafeGuard Cyber.
According to the report, the malware is distributed among Telegram groups by a user with the "Smokes Night" handle, who spreads...
Binance Fined $750K in Turkey for AML Violations
27.12.2021
Binance was recently fined in Turkey for violating the region’s anti-money laundering laws. The exchange has to pay 8 million Lira, equalling around 750,000 dollars for the violation. MASAK, the Financial Crimes Investigation Board of Turkey, audited the case. The fine equals the highest possible...
Shiba Inu Becomes the Most Viewed Crypto on CoinMarketCap
27.12.2021
The year keeps getting better and bigger for Shiba Inu as the meme coin defeats Bitcoin and Ethereum in popularity. The crypto recently became the most viewed crypto on CoinMarketCap, the renowned crypto ranking website. The list surprised most traders as it showed Ethereum at number five with...