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Most Retail Crypto Investors Lost Money Over the Last 7 Years, According to BIS Analysis
21.2.2023
According to data from the Bank for International Settlements (BIS), published in the latest BIS Bulletin No. 69, researchers assessed that, on average, most users lost money on their investments over the past seven years. Onchain data, metrics from exchanges, and cryptocurrency application...
Ethereum price rally hit crucial resistance as institutional investors are in ‘wait and see’ mode
21.2.2023
ETH’s rally paused at key resistance levels according to on-chain and technical data but the downside risk appears limited based on the network’s activity
Report: South African Startup Momint Seeks to Boost Electricity Generation Using Blockchain-Based Solution
21.2.2023
Using a solution that is based on blockchain technology, the South African startup Momint has said the recently launched Suncash initiative aims to ease the country’s power generation challenges. For about $9, investors can reportedly buy non-fungible tokens (NFTs) linked to solar cells which...
Crypto Hedge Fund Galois Capital Shuts Down — ‘We Lost Almost Half Our Assets to FTX Disaster’
21.2.2023
Crypto hedge fund Galois Capital is shutting down after losing about half of its assets to the FTX disaster. “Given the severity of the FTX situation, we do not think it is tenable to continue operating the fund both financially and culturally,” the fund’s co-founder told...
Retail Crypto Investors in Emerging Economies Hit Hardest by FTX, Terra Collapses: BIS
20.2.2023
Over $450 billion vanished from the crypto market following the collapse of Terra's coins in May 2022 and another $200 billion was lost following FTX's bankruptcy in November 2022, the report said
Cyber Criminals Target Crypto Investors with New Malware – Here's What You Need to Know
19.2.2023
Hackers and cybercriminals have been targeting crypto investors with two new malware threats that scout the internet for unwary investors to steal their funds.
According to a recent report by anti-malware software Malwarebytes, two new cybersecurity threats, which include recently discovered...
Onecoin Cryptoqueen’s Ex-boyfriend Gets 5 Years in Prison
18.2.2023
A former boyfriend of Ruja Ignatova, the mastermind of the Ponzi scheme Onecoin, has received five years in prison. The sentence is for the laundering of hundreds of millions of dollars’ worth of proceeds from the notorious crypto scam which defrauded investors around the world. Ruja’s Former...
Crypto investors under attack by two new malware, reveals Cisco Talos
18.2.2023
Since Dec. 2022, the two malicious files — MortalKombat ransomware and Laplas Clipper malware threats — have been actively scouting the Internet for stealing cryptocurrencies from unwary investors
Moody’s Says Forex Shortages May Force Nigerian Central Bank to Delay Repaying Local Banks
17.2.2023
The persistent scarcity of foreign exchange may force the Nigerian central bank to delay repaying the $10.4 billion owed to local banks, analysts at Moody’s Investors Service have concluded. The central bank’s failure to pay its debts on time will likely force the affected financial...
Crypto Biz: Celsius, FTX feel investors’ wrath as lawsuits multiply
17.2.2023
Celsius creditors have filed a proposal to sue Alex Mashinsky, while creditors of FTX are turning their attention to the exchange's venture backers
Coinbase Investors Prepare for Another Likely Disappointing Quarter
17.2.2023
The crypto exchange is expected to report a slight drop in quarterly revenue from the third quarter, and a 61% drop in revenue in 2022 from the previous year
NBA Hall of Famer Paul Pierce Charged by SEC for Touting EMAX Tokens
17.2.2023
The U.S. Securities and Exchange Commission (SEC) has charged Basketball Hall of Famer Paul Pierce for touting EMAX tokens and making misleading comments about unregistered crypto securities. The former Boston Celtics small forward agreed to settle the charges and pay the SEC $1.409 million....
TerraUSD Stablecoin Scandal: SEC Sues Terraform Labs and Do Kwon for Deceiving Investors – Here's What Happened
17.2.2023
The US Securities and Exchange Commission (SEC) has sued Terra founder Do Kwon and his organization Terraform Labs for securities fraud.
“[The SEC] today charged Singapore-based Terraform Labs PTE Ltd and Do Hyeong Kwon with orchestrating a multi-billion dollar crypto asset securities fraud...
Top 11 greatest investors of all time
17.2.2023
Discover the top 11 greatest investors of all time who have achieved unparalleled success in the financial world
First Mover Americas: SEC Suing Do Kwon for Misleading Investors
17.2.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 17, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Report: FTX Promised High Earnings to African Students That Successfully Recruited Fellow Learners
17.2.2023
The collapsed crypto exchange FTX reportedly used the lure of high earnings to convince African university students to become its ambassadors. In addition to encouraging new FTX investors to use the platform, student ambassadors were also required to teach them about crypto and the blockchain. Some...
Crypto investors spent $4.6B buying 'pump and dump' tokens last year
17.2.2023
Nearly 10,000 tokens launched on BNB and Ethereum last year are suspected to have been created just to dump on investors, according to Chainalysis
Terraform Labs and CEO Do Kwon Charged by SEC With Multibillion-Dollar Crypto Fraud
17.2.2023
The U.S. Securities and Exchange Commission (SEC) has charged Terraform Labs and its CEO, Do Hyeong Kwon, with fraud, alleging that Kwon and his company orchestrated “a multibillion-dollar crypto-asset securities fraud.” The securities watchdog insists that Kwon raised billions from...
SEC Sues Terraform Labs, Do Kwon for Misleading Investors on TerraUSD Stablecoin: Bloomberg
16.2.2023
The collapse of TerraUSD last year led to wave of bankruptcies in the crypto industry
Oman Capital Markets Regulator Plans to Establish a Virtual Assets Regulatory Framework
16.2.2023
The Oman Capital Market Authority (CMA) has said it plans to establish a regulatory regime to govern as well as develop the country’s virtual assets market. The regulator said the envisaged regulatory regime enables it to avail an “alternative financing and investment platform...