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Bulgarian Chief Prosecutor Accused of Willfully Failing to Act Against Onecoin Fraudsters
3.6.2022
The legal representative of victims of the Onecoin bitcoin scam operation, Jonathan Levy, has accused the Bulgarian prosecutor of deliberately failing to take action against Onecoin. The lawyer said due to the prosecutor’s inaction, more victims are losing millions of dollars to...
Venezuelan Sunacrip Tightens Control on Transactions Made Using Unauthorized Exchanges
3.6.2022
Sunacrip, the Venezuelan cryptocurrency watchdog, has issued a new internal providence that defines the guidelines it will follow in dealing with reports of suspicious activity related to fintech platforms. The document describes that the use of unauthorized platforms might constitute a suspicious...
Firstrade Lists ENJ, MKR, BNT & COMP
3.6.2022
Just weeks after launching its cryptocurrency trading platform, online brokerage Firstrade Securities has already begun expanding its available crypto listings. The most recent additions to the tradeable crypto coins on Firstrade are ENJ (Enjin), Maker (MKR), Bancor Network Token (BNT) and Compound...
NY Attorney General Warns About Investing in Crypto Market — Says It’s Extremely Unpredictable, Unstable
3.6.2022
New York Attorney General Letitia James has issued a warning about investing in cryptocurrency. She said the crypto market is “extremely unpredictable” and “unstable,” noting that the market “reached record lows” last month. NY Attorney General Warns About...
Venture Capitalist Tim Draper Explains Why Bitcoin Will Soar Past His $250K Estimate
3.6.2022
Venture capitalist Tim Draper has doubled down on his bitcoin price prediction of $250,000 by the end of this year or early next year. However, he explained why he expects the price of the cryptocurrency to soar past his estimate. Tim Draper’s Bitcoin Price Prediction Venture capitalist...
Ethereum’s Merge FOMO isn’t priced in, making a spike to $2.6K a possibility
2.6.2022
Ethereum's price action hangs around major swing lows despite the all-important Merge network upgrade. Analysis suggests ETH is discounted below $2,000
The Crypto Industry Needs to Unite to Bring Together a Global Regulatory Framework
2.6.2022
Valentina Drofa is the Founder and CEO of Drofa Comms, an international PR consultancy for financial and fintech companies.______...
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Chipotle Now Accepting Cryptocurrency Payments at US Locations
2.6.2022
The Tex-Mex chain’s partnership with Flexa allows customers to pay with 98 different digital currencies, including bitcoin, ether and Solana
Just 18% of Respondents Do Not Expect Bitcoin to Become Legal Tender in 3 Years - Survey
2.6.2022
Potentially fueling a bullish approach to bitcoin (BTC) investments, only 17.9% of surveyed individuals said that they do not expect BTC to become legal tender within three years, according to a recent report prepared by The Economist Group and commissioned by crypto platform Crypto.com....
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Avalanche Offers Subnet Support to StepApp
2.6.2022
On June 1, StepApp announced its integration with one of the subnets on the AVAX network. With a bespoke network and validator support from the Avalanche ecosystem, the fitness app expects to enhance scalability and user experience. Using FITFI for gas, the subnet will increase the users’...
Global Insurers Start Investing in Crypto Amid Risk-On Investment Approach
2.6.2022
Global insurers aim to maintain a risk-on investment approach, with higher allocations to private equity, green bonds, and middle-market corporate loans, but also cryptoassets, according to a report by Goldman Sachs Insurance Asset Management.
The survey represents the views of 328 chief...
Chipotle Will Now Accept Crypto Through Flexa-Enabled Apps
2.6.2022
Flexa has announced that Chipotle, a Mexican chain, has agreed to receive cryptocurrencies exclusively from all the Flexa-enabled apps at its 2,975+ branches spread throughout the United States of America. The phenomenal popularity of the chain has made Chipotle the latest merchant to accept...
Tough Crypto Law Expected in Russia Despite Central Bank’s Softer Stance on Crypto Payments
2.6.2022
The bill “On Digital Currency,” meant to comprehensively regulate crypto transactions in Russia, will be a “tough” law, according to the head of the State Duma Financial Market Committee. The legislation is yet to be finalized and will not be reviewed by lawmakers in...
Soros Fund’s CEO: Recession Is Inevitable and Crypto Is Here to Stay
2.6.2022
Soros Fund Management’s chief executive and chief investment officer, Dawn Fitzpatrick, says cryptocurrency is here to stay and it’s already gone mainstream. She also believes that a recession is inevitable Soros Fund’s CEO: Crypto Is Here to Stay Dawn Fitzpatrick, chief...
Fidelity Plans Hiring Spree to Expand Crypto Services to Include Ethereum Trading and Custody
2.6.2022
Fidelity is planning a hiring spree to add ether trading and custody services to its cryptocurrency business. “As the demand for digital assets continues to steadily grow and the marketplace evolves, we will continue to expand our hiring efforts,” a Fidelity executive explained....
DeFi protocols launch stablecoins to lure new users and liquidity, but does it work?
1.6.2022
In the wake of UST’s collapse, several DeFi platforms launched their own stablecoins to lasso new users and liquidity but are investors willing to take on the risk in return for 20% APY?
Alleged Hydra Administrator Refuses to Provide Access to His Crypto Wallet, Report Claims
1.6.2022
A Moscow court has ordered the seizure of the crypto wallet of one of the alleged administrators of darknet market Hydra. Media reports reveal, however, that the man — who was arrested in Russia in mid-April — is refusing to share access to his presumed crypto stash with Russian...
Soros' Fund CEO Says Crypto is Here to Stay, Warns of Recession and FOMO Trap
1.6.2022
Crypto is “here to stay,” but a recession may be around the corner and investors should beware of “FOMO,” according to Soros Fund Management CEO and Chief Investment Officer Dawn Fitzpatrick.
Speaking in a video interview with Bloomberg, Fitzpatrick said that crypto is not going away any time...
Cardano Spikes as Supporters Anticipate Vasil Hard Fork, Poll Shows ADA Expected to Hit $1 by the End of June
1.6.2022
During the last seven days, the cryptocurrency cardano has increased in value by 17.3% against the U.S. dollar, as the community anticipates the upcoming Vasil hard fork, an upgrade that aims to improve the network’s throughput and enhance smart contract capabilities. Moreover, according...
Terra Luna 2.0 Will Soon Be Available for Trading
1.6.2022
BitMEX has announced that Lune 2.0 will be available for trading on June 02, 2022, at 4:00 UTC. It will first appear on June 01, 2022, at 4:00 UTC as Unlisted. Terra 2.0 will carry the maximum leverage of 25x for the users. Once live, users will be able to trade XBT, and USDT margined …