Breakneck speed of crypto adoption could result in whiplash, warns wallet exec
Crypto adoption is booming in 2021, but how long can the celebrity-fuelled hype train last? Go to Source Powered by WPeMatico
Month: May 2021
Luxury yacht firm accepts Bitcoin, hosts mobile and web services on blockchain
The company said it expects to see 40% growth from Bitcoin payments in the first year. Go to Source Powered by WPeMatico
Report: South African Taxes and Smuggling Behind Gold’s Price Distortions in Zimbabwe
Despite gold’s longstanding status as an alternative store of value, the commodity continues to experience unusual price variations in countries like South Africa and Zimbabwe. In turn, such price variances, as well as the rampant smuggling of the commodity, are distorting the precious metal’s actual production figures. Recycled Gold vs Non-Recycled Gold According to a … Read more
Fox teams up with Rick and Morty co-creator on animated NFT series
Fox will launch a nonfungible token marketplace for its upcoming animated series, Krapoplis. Go to Source Powered by WPeMatico
Restrictions on Crypto Trading to Deprive Nation of Opportunities, Iranian Fintechs Warn
Startups have spoken out against government attempts to curb the operations of crypto exchanges in Iran. Cryptocurrency trading is not illegal, Iranian fintechs insist, calling on lawmakers and regulators to develop rules that would allow the sanctioned country to continue to take advantage of decentralized money transfers. Iranian Fintechs Insist There Is No Ban on … Read more
Elon Musk impersonators make bank as crypto scammers’ profits surge
Scammers are impersonating Elon Musk and other prominent crypto figures to dupe naive investors out of their coins at an accelerated rate. Go to Source Powered by WPeMatico
Institutions dump BTC as volume soars for Ether funds
Institutional investors appear to have offloaded nearly $100 million worth of Bitcoin exposure this past week while Ether investment product volumes surged. Go to Source Powered by WPeMatico
1.1M noobs panic sell, but Bitcoin hodlers DGAF
Weak hands are panic selling, but long-term BTC holders have seen it all before. Go to Source Powered by WPeMatico
Spanish Regulator Issues Guidelines for Fund Managers Planning to Invest in Cryptocurrencies
The Spanish financial regulator is easing the entity’s tough stance towards cryptocurrencies by announcing an unprecedented measure that green lights institutional investors to enter into such business decisions. The National Securities Market Commission (CNMV) unveiled guidelines that approve institutional crypto investment under certain conditions. Fund Managers Should Specify ‘High Risks’ of Cryptos in Marketing Resources … Read more
EY invests $100 million to expand blockchain product suite, launches DeFi contract simulator
Ernst & Young is investing $100 million into targeting enterprise DeFi with its latest suite of Blockchain Analyzer products. Go to Source Powered by WPeMatico