Sweden’s financial regulator, Finansinspektionen, or FI, has issued a fresh warning to retail traders about the high risks and low consumer protections associated with crypto-related investments. In an announcement published on …
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Tether and Bitfinex Settle NY AG’s Probe, expecting more transparency
Major crypto exchange Bitfinex and Tether, the issuer of the most popular stablecoin, tether (USDT), said they have reached a settlement of legal proceedings with the New York Attorney General’s Office (AOG). However, both companies are banned from …
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Ripple is optimistic about a fast resolution of disputes with MoneyGram
Ripple has stated that they made a multi-year contract in 2019 with MoneyGram, which is still in place and is not limited to their use of ODL. The two partners are leveraging …
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$36,000 Just Paid for One Ethereum (ETH) Transaction
Yesterday, the Ethereum (ETH) network collapsed yet again due to the rapid increase in trading volume. Ethereum (ETH) transaction commissions were so high that it made leading crypto exchange Binance …
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North America’s First Bitcoin ETF Awaits Explosive Debut With $ 564 Million Assets
Less than a week after its debut, the Purpose Bitcoin exchange-traded fund continues to attract large inflows of investor capital, offering further reassurance that institutional interest in digital assets is …
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Elon Musk’s reaction to Tesla losing $ 15 billion after investing in bitcoin
Elon Musk reacted casually to Tesla’s $ 15.2 billion loss yesterday. On Monday, the company’s shares took an 8.6% downslide. The result was a staggering $ 15.2 billion in losses. …
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Charles Hoskinson Reveals Significant Updates for Cardano
The decentralized open-source project running a public blockchain platform for smart contracts, Cardano, plans to implement several significant upgrades in the upcoming few months. During a recent interview, the project’s …
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Federal Reserve is “looking very carefully” into a digital dollar
In his remarks for the Senate Banking Committee, Federal Reserve Chairman Jerome Powell mentioned that a digital dollar was a “high-priority” project. However, at this stage, the central bank is still assessing …
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Chainlink to Advance Randomness on Polygon Blockchain
Polygon, a cross-platform hub for interaction among Layer 2 solutions, has announced the support of Chainlink’s Verifiable Random Function (VRF). Why is this important? According to the latest announcement, today, Feb. 23, …
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India’s Warren Buffet: “Bitcoin hangover will be worse than the party”
The billionaire investor known as India’s Warren Buffet, Rakesh Jhunjhunwala, has voiced his support for India’s impending cryptocurrency ban, warning that the hangover from Bitcoin (BTC) mania will be worse …
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