A trade war misstep? China is vacating crypto battlefield to US banks
Why is China forsaking cryptocurrencies at the same time that legacy U.S. banks, long wary of crypto, appear to be discovering its virtues? Go to Source Powered by WPeMatico
DIGIT
Bank of Russia Exposes Nearly 150 Financial Pyramid Scams, Fraudsters Exploit Crypto Craze
The Central Bank of Russia (CBR) has identified 146 financial pyramid schemes in only six months this year. Fraudsters often lure people with weak financial literacy into investment scams linked to cryptocurrencies or crypto mining operations. Pyramid Schemes Thrive Amid Rising Investment Demand, Bank of Russia Says The number of financial pyramid scams uncovered by … Read more
Bitcoin accumulation accelerates among ‘whales’ and ‘fish’ with BTC rallying to $40K
“This is just on-chain sentiment, though. The big question is, how does that correlate to the price action in general?” Go to Source Powered by WPeMatico
Coinbase Ventures backs Ethereum-based streaming network
Livepeer’s $20 million Series B funding round saw participation from large VCs, including Coinbase Ventures, Coinfund, Northzone, 6th Man Ventures and Animal Ventures. Go to Source Powered by WPeMatico
Polkadot – Vitalik’s Nightmare or a Blockchain Dream Come True?
Although it’s possible to draw comparisons between almost any two blockchain development platforms, comparing Ethereum with Polkadot is almost an inevitability. Not only on the technical level – they use a comparable architecture and proof-of-stake consensus to achieve scalability – but because Vitalik Buterin and Dr. Gavin Wood also have a shared history in Ethereum. … Read more
New bill proposes US Treasury to have full authority over fiat stablecoins
The bill also calls for the Federal Reserve to be vested with the clear authority to issue a digital dollar. Go to Source Powered by WPeMatico
Binance banned in Malaysia, given 14 days notice to shut down operations
The crypto exchange has been served with a notice to stop offering its services in the country. Go to Source Powered by WPeMatico
Bitcoin OTC desks buzz as analyst warns big players ‘want your Bitcoin’
There’s no shortage of demand for Bitcoin at current prices, but volatility to the downside is back on Friday. Go to Source Powered by WPeMatico
Crypto-friendly app Robinhood loses 8% in public Nasdaq debut
Unlike traditional IPOs with a six-month lockup period, Robinhood will allow its employees to sell 15% of its shares immediately after the public debut. Go to Source Powered by WPeMatico
Binance to shut down crypto derivatives trading in Europe
Binance moves to suspend derivatives trading in Europe, starting with Germany, Italy and Netherlands. Go to Source Powered by WPeMatico
