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RBI Clarifies Its Stand on Its Quashed Notice of 2018
1.6.2021
In an important development concerning the crypto space in the country, the Reserve Bank of India (RBI) has cautioned banks in the country not to quote its circular of 2018 to warn their customers against trading cryptocurrencies. This is because the circular issued in 2018 by India’s Central Bank...
Börse Stuttgart Digital Exchange launches crypto trading mobile app
1.6.2021
Börse Stuttgart Digital Exchange, Germany's first regulated trading venue for crypto assets, has launched a mobile trading app for iOS and Android that supports four cryptocurrencies
Here Are the Best Practices for Securely Using API
1.6.2021
API keys are a very useful part of an application programming interface – but misuse or breaches can result in some particular security problems. How do you use API keys in secure ways? First, it helps to understand the role of the API key, which provides for project authentication. That’s...
Here Are the Best Practices for Securely Using API Keys
1.6.2021
API keys are a very useful part of an application programming interface – but misuse or breaches can result in some particular security problems. How do you use API keys in secure ways? First, it helps to understand the role of the API key, which provides for project authentication. That’s...
Major Indian Bank HDFC Says ‘It’s a Matter of Time Before Indian Investors Have Legal Access to Crypto Plays’
1.6.2021
One of India’s leading private banks with 5,608 branches and 16,087 ATMs, HDFC Bank, has published a report stating that “it is just a matter of time before Indian investors have legal access to crypto plays.” This statement came as the bank scrutinizes crypto transactions...
UK Starling bank to resume crypto exchange deposits in late June
1.6.2021
Starling blocked crypto exchange deposits last week, citing “high levels of suspected financial crime with payments to some cryptocurrency exchanges.”
Tedi Ticic Shares Need-to-Know About Trading CryptoCurrency in Europe
1.6.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
Investments have already been an exciting means for entrepreneurs to grow their wealth. With the simultaneous development in the cryptocurrency market, it has been able to pull more and more investors...
Bank account flows for South Korean crypto exchanges surge 40% since 2020
1.6.2021
Upbit exchange paid 10 times more in fees to South Korean internet bank K bank Q1 2021 than in the previous quarter
Veteran trader Peter Brandt sees Bitcoin crashing further after May’s 50% drop
1.6.2021
Peter Brandt, a veteran financial analyst and trader, is questioning whether Bitcoin has more upside in the near term
Southeast Asia’s Largest Bank DBS Launches First Security Token Offering on Its Cryptocurrency Exchange
1.6.2021
DBS, Southeast Asia’s largest bank, has launched its first security token offering (STO) on its cryptocurrency exchange. The DBS Digital Bond is priced at 15 million Singapore dollars. “We expect asset tokenization to increasingly become more mainstream,” said a DBS executive....
Cryptocurrency Related Scams Flood Tribunals in Spain
1.6.2021
Spain has not been a stranger to the popularity of cryptocurrencies, and with this popularity, also comes the attention of people and organizations wanting to capitalize on the subject. Spanish tribunals have been flooded lately with lawsuits involving cryptocurrency scams related to bitcoin...
Binance Smart Chain Faces yet Another Flash Loan Attack: Belt Finance Loses $6.3 Million
31.5.2021
Belt Finance, a Binance Smart Chain-based decentralized lending protocol, lost $6.3 million in a flash loan attack last week. The attackers took advantage of a series of inefficiencies in the smart contract to manipulate the price of the set and obtain profit from a series of transactions. This...
India’s Central Bank RBI Confirms Crypto Banking Ban ‘No Longer Valid’ — Asks Banks to Stop Quoting It
31.5.2021
Indian central bank, the Reserve Bank of India (RBI), has officially advised banks that its banking ban circular is no longer valid as it was set aside by the country’s supreme court more than one year ago. Despite the supreme court’s ruling, banks have been citing the RBI circular when...
Indian central bank clarifies regulations as local banks shun crypto
31.5.2021
Banks like HDFC and State Bank of India reportedly cautioned customers against crypto, citing the RBI’s quashed crypto circular
Home Crypto Mining Spikes in Brazil Amid Record High Unemployment
31.5.2021
With rising unemployment rates and rampant economic uncertainty, in the wake of the Covid crisis, a growing number of Brazilians are finding an alternative income source in cryptocurrency mining. GPU rigs have been spotted even in favelas as a relatively small investment can return more than...
Chinese Traders Resort to OTC Desks for Regulatory Crackdown
31.5.2021
The government of China is imposing strict financial regulations to thwart the crypto boom. Amid the governmental crackdown, the crypto traders of China are trying hard to bypass the stringent rules by resorting to the Over-The-Counter (OTC) desks for cryptocurrency dealings. According to...
South Korean Financial Supervisory Service Tasked With Crypto Market Oversight
31.5.2021
The Financial Supervisory Service of South Korea will lead government efforts to oversee the country’s expanding cryptocurrency market. The agency has been tasked with the job after prolonged discussions over which Korean regulator should be responsible for the industry. Financial Supervisory...
UK Police Raid Alleged Cannabis Farm, Finds Bitcoin Mining Facility Stealing Power
31.5.2021
Police from the UK executed a raid in an industrial unit in the West Midlands county expecting to find a cannabis farm, but instead found a big bitcoin mining facility, that was coincidentally bypassing the controls from the local power utility company to siphon energy from the main grid, stealing...
Financial Guru Dave Ramsey Advises Whether One Should Invest in Bitcoin, Other Cryptocurrencies
31.5.2021
Financial guru Dave Ramsey has given advice on whether one should invest in cryptocurrencies, like bitcoin. Ramsey sees cryptocurrency as a get-rich-quick scheme, preferring to make his money in a “methodical” and “boring” way. Dave Ramsey’s Advice on Investing...
Major British Bank Natwest Alerts Customers With Tips to Avoid Cryptocurrency Scams
31.5.2021
Major British bank Natwest has launched an alert to urgently warn its customers of cryptocurrency scams, which have been on the rise. The bank has provided several tips for customers “thinking of investing in bitcoin or other cryptocurrencies” on how to spot scams involving...