Crypto scammers are always trying to devise new means of defrauding unsuspecting members of the public. The Federal Trade Commission (FTC) earlier today published a new scam alert involving the use of crypto ATMs. Scammers devise crypto atm scam method This scheme, according to the FTC, usually involves a QR code, a crypto ATM, and …
Continue reading “Beware! US FTC releases new crypto scam alert”
In a bid to further bolster its popularity and boost crypto adoption in Africa, Binance, the largest crypto exchange by trading volume, will be one of the sponsors of the TotalEnergies African Cup of Nations tournament being held in Cameroon. Binance sponsors AFCON 2021 The crypto exchange made this announcement yesterday, where it revealed that …
After years in the making, Litecoin’s MimbleWimble (MW) feature could be rolled out this month. Last week, Robbie Coleman, the Creative Director at the Litecoin Foundation, said MW is “now in the final code review.” Similarly, in December 2021, David Burkett, the Lead Developer on the project, gave his estimate for a January 2022 rollout. …
Continue reading “Can the upcoming MimbleWimble upgrade revive Litecoin’s fortunes?”
In 2021, dozens of promising projects in DeFi, NFT, and GameFi brought more tokens to the market than any one person can follow. Whereas most tracked the price of BTC and ETH, we saw some new tokens buck this trend for the first time, and while many tokens saw astronomical gains, other projects got hacked …
U.S. state securities regulators have revealed that cryptocurrency investments are their top investor threat this year. “Before you jump into the crypto craze, be mindful that cryptocurrencies and related financial products may be nothing more than public facing fronts for Ponzi schemes and other frauds,” one regulator warned. Crypto Is the Top Threat for US …
Continue reading “Crypto Tops Investor Threats for US Securities Regulators”
press release PRESS RELEASE. In the world of cryptocurrencies, it is important for any crypto exchange to offer plenty of different options when it comes to making money. This is precisely why Bitrue, a leading cryptocurrency exchange, has recently announced the launch of a new yield farming hub, available to all of its users from …
Continue reading “Bitrue Is Launching a New Yield Farming Hub”
On January 10, 2022, the Associated Press (AP), the American non-profit news cooperative founded in 1846, has announced the news agency is launching a non-fungible token (NFT) marketplace. The AP NFT market was built by the distributed ledger technology provider Xooa and on top of the Polygon blockchain network. AP Announces NFT Marketplace Launch The …
Authorities in Iran are preparing to allow the employment of cryptocurrencies for international settlements. According to local media, central bank and government officials have given the green light to adopt a mechanism using digital coins in the field of foreign trade. Businesses in Iran to Be Able to Pay Foreign Partners With Crypto Iranian companies …
Widely-followed crypto analyst Nicholas Merten says Bitcoin (BTC) will drop further, but smart money will end up catching it at lower prices and sending it on a huge rally. In a new YouTube update, the DataDash channel host tells his 491,000 subscribers that the Bitcoin market is going through a “unique cycle.” “We’re just going through our …
An enterprise-grade altcoin that’s focused on security and regulatory compliance is looking to go airborne after securing a major infrastructure partnership. In a new blog post, Hedera Hashgraph (HBAR) announces that aviation technology firm Neuron has harnessed the power of its network to successfully test new methods of air traffic control in the United Kingdom. …
A widely followed crypto analyst says that Bitcoin (BTC) is not yet in a bear market despite its recent pullback that saw the biggest digital asset tumble to prices not seen since last September. The pseudonymous analyst known as TechDev tells his 334,000 Twitter followers that BTC is still in a long corrective phase. However, …
Continue reading “Top Crypto Analyst Says Bitcoin (BTC) Not in a Bear Market Yet – Here’s Why”
Institutional investors are remaining bearish on the crypto markets, resulting in digital asset investment products seeing record outflows to start the new year. According to digital asset manager CoinShares, crypto investment products reached a new weekly record outflow of $207,000,000 last week. “Digital asset investment products saw outflows totaling a weekly record of US$207m. This …
Brokerage firm eToro introduced MetaverseLife, a new smart portfolio covering stocks and crypto-assets from within the growing metaverse industry, on Tuesday. The company stated that its goal is to offer a diverse range of investments made for long-term exposure. Currently included in the portfolio are Meta Platforms, the new parent company behind Facebook, Roblox and …
Continue reading “eToro rolls out smart portfolios for new metaverse investors”
Bitcoin (BTC) price made a quick pop above $43,100 in the U.S. trading session but uncertainty is still the dominant sentiment among traders on Jan. 11 and bulls and bears are split on whether this week’s drop to $39,650 was BTC’s bottom. Data from Cointelegraph Markets Pro and TradingView shows that the price of Bitcoin has traded tightly …
Continue reading “Was $39,650 the bottom? Bitcoin bulls and bears debate the future of BTC price”
On Tuesday, crypto-fiat gateway payments platform Ramp announced that its U.S. subsidiary Ramp Swaps LLC had received its registration as a Money Service Business with the Department of Treasury’s Financial Crimes Enforcement Network. The regulatory greenlight enables Ramp to do business in 38 states across the United States. Besides the development, Ramp also has regulatory …
Continue reading “Ramp expands presence in US with FinCEN regulation”
