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Cyberthreats related to cryptocurrencies have increased with rising demand for the digital assets, a study has concluded. Russia, Thailand and Peru are the most affected countries by malicious attacks designed to exploit the heightened interest in decentralized money, the authors point out. Booming Crypto Markets Bring Out Cybercriminals Despite the ongoing Covid pandemic still leading … Read more
Avanti Financial CEO says Bitcoin shouldn’t be leveraged, while regulations for stablecoins are underway Go to Source Powered by WPeMatico
After being critical of cryptocurrencies, the Wall Street investment bank officially embraced Bitcoin earlier this year. It’s now expanding its offerings to include Ether. Go to Source Powered by WPeMatico
DeFi gets a bad rap for being complex, technology makes it simple enough to cut out middlemen in non-finance industries ranging from energy to e-commerce. Go to Source Powered by WPeMatico
Despite recording weekly outflows, Ether funds have generated $994 million in inflows this year. Total assets held in ETH funds are nearly $11.1 billion. Go to Source Powered by WPeMatico
A further tightening of cryptocurrency regulation in South Korea is underway, with new rules for banks and crypto exchange operators. Go to Source Powered by WPeMatico
Strong retail interest in crypto has driven South African regulators to rethink how they classify cryptocurrencies. Go to Source Powered by WPeMatico
After announcing shutdown of San Francisco headquarters last month, Coinbase is reportedly quietly setting up its first office in New York. Go to Source Powered by WPeMatico
Dutch finance minister Wopke Hoekstra is confident that supervision is more effective than banning crypto outright. Go to Source Powered by WPeMatico
Authorities in Yunnan are launching an investigation to identify and shut down miners that are illegally using electrical power to mint bitcoin, Chinese media reports. Inspections will also focus on potential safety hazards and will be carried out by various government departments. The mining industry cleanup is expected to continue till the end of June. … Read more