Auto Added by WPeMatico
FTX, a spot and cryptocurrency exchange, announced the launch of an NFT marketplace on its trading platform today. According to the information provided by CEO Sam Bankman-Fried, the marketplace will be available both for customers in the U.S. and in other locations. FTX is likely trying to capitalize on the popularity of these instruments, which […]Powered by WPeMatico
The market capitalization of all 10,722 cryptocurrencies in existence is around $1.42 trillion on Wednesday and during the last 24 hours, all of these crypto-assets combined lost 3.92%. Meanwhile, bitcoin captures 45.73% of the entire $1.42 trillion capitalization and ethereum commands 17.8%. As both of these leading assets have improved this week, seven-day changes against […]Powered by WPeMatico
U.S. consumers have been receiving fake emails that attempt to impersonate a federal regulatory agency which has raised alarms among crypto community members. The U.S. Office of the Comptroller of the Currency (OCC) warned that such bogus messages ask people for their bitcoin wallet keys. Fictitious Message Contains Several Grammar Mistakes and Typos According to […]Powered by WPeMatico
The U.S. Federal Trade Commission (FTC) says reports of cryptocurrency scams have skyrocketed. In particular, people have reported sending more than $2 million in cryptocurrency to Elon Musk impersonators within the past six months. Elon Musk Impersonators and Other Cryptocurrency Scams The FTC published “Consumer Protection Data Spotlight” Monday. FTC analyst Emma Fletcher wrote, “Reports […]Powered by WPeMatico
Scammers are impersonating Elon Musk and other prominent crypto figures to dupe naive investors out of their coins at an accelerated rate.
Powered by WPeMatico
Regulators around the globe are increasingly turning hostile to the social media behemoth.
Powered by WPeMatico
South Korean cryptocurrency exchange Coinrail has unveiled its plan to resume service despite surrounding controversies. The exchange reportedly removed a key part of its terms of service right before it was allegedly hacked, arousing suspicions. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Service Could Resume Around July 15 South Korea’s seventh largest crypto […]
The post Hacked Korean Crypto Exchange Unveils Plan to Restart Service Amid Controversies appeared first on Bitcoin News.
Powered by WPeMatico
Global interest in cryptocurrency has been on the rise for quite some time now. While it is evident that consumers and even financial institutions are quite keen on this new industry, it seems governments are taking notice as well. The US Federal Trade Commission, for example, will organize a full-blown cryptocurrency workshop in June of this year. The FTC Takes Notice of Bitcoin and Altcoins It is good to see government agencies pay some positive attention to cryptocurrency in this day and age. Over the past few years, we have seen most governments oppose Bitcoin and similar currencies due toPowered by WPeMatico
A U.S. federal court has placed a restraining order on and frozen the assets of four alleged promoters of deceptive schemes involving cryptocurrencies at the request of the country’s Federal Trade Commission. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies US Court’s Order The U.S. Federal Trade Commission (FTC) announced on Friday […]
The post US Court Shuts Down Promoters of Three Deceptive Crypto Schemes appeared first on Bitcoin News.
Powered by WPeMatico
The South Korean Fair Trade Commission (KFTC) does not have the authority to close cryptocurrency exchanges. “It is impossible in reality,” said the KFTC chairman. The agency is currently investigating 13 major exchanges operating in the country for alleged violations of the e-commerce law. Also read: South Korean Officials Caught Trading On Insider Knowledge of Crypto […]
The post South Korean Regulator: In Reality Impossible to Close Cryptocurrency Exchanges appeared first on Bitcoin News.
Powered by WPeMatico