Huobi Global now supports ruble deposits and withdrawals
Huobi partnered with fiat and crypto payment processor AdvCash to unlock deposits and withdrawals in the Russian ruble. Go to Source Powered by WPeMatico
Month: January 2021
‘Thankfully’ my son owns Bitcoin, says $140B asset management CEO
Howard Marks hints that he is becoming the latest Bitcoin naysayer to change his tune completely in a new memo to investors of Oaktree Capital. Go to Source Powered by WPeMatico
Lawsuit Filed to Stop a Global Cryptocurrency Scam Spreading in India
A class-action lawsuit has reportedly been filed against a cryptocurrency scam that has duped many Indian investors. The scam, promoted in three Indian languages, lures investors by promising up to 900% return on investments. The Delhi court has directed a notice to be placed in major newspapers, seeking victims of this scam to come forward. … Read more
Bitcoin is ‘non-sensical’ asset that still makes sense, says UK investment manager
His firm added exposure to Bitcoin before the winter surge. Go to Source Powered by WPeMatico
New Zealand Watchdog Issues Warning on Crypto Investments Following Bitcoin’s Latest Price Drop
New Zealand’s financial regulator issued a warning alert to local cryptocurrency investors and traders amid the recent bitcoin’s price action. The Financial Markets Authority (FMA) asks people to remain cautious because cryptos are “high risk and highly volatile assets.” FMA Warns About Unregulated Overseas Crypto Exchanges According to an official statement published in the NZ … Read more
SolidX files lawsuit against VanEck alleging Bitcoin ETF ‘plagiarism’
SolidX accuses VanEck of terminating their partnership in bad faith after “surreptitiously” working to launch a Bitcoin product based on SolidX’s work. Go to Source Powered by WPeMatico
xSigma DeFi Offers Lucrative Rewards for Liquidity Providers, Whitepaper Released
xSigma is an upcoming stablecoin DEX protocol developed by the first DeFi project backed by a NASDAQ-listed company. In order to attract liquidity providers to supply their stablecoins to the decentralized exchange, the protocol will feature a lucrative rewards system for liquidity mining. The project recently finalized its smart contract and today released its whitepaper … Read more
Uniswap’s growth lead bites back over Yearn Finance’s SushiSwap merger
Uniswap’s growth lead, Ashleigh Schap, has slammed Yearn Finance founder Andre Cronje for complaining about forked projects in the DeFi sector. Go to Source Powered by WPeMatico
Crypto Industry’s Favorite Messaging App Telegram Surpasses 500 Million Active Users
Telegram, a popular messaging app within the cryptocurrency space, surpassed 500 million monthly active users during the first week of January, according to Telegram chief executive officer Pavel Durov. In the last 72 hours, said Durov, the app has seen a massive surge in new users, with an additional 25 million people signing up to … Read more
Number of financial planners investing in crypto increases by 50%
A survey published by Bitwise has found that nearly 10% of investment advisors have made client portfolio allocations into crypto assets. Go to Source Powered by WPeMatico