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US banks warned of “novel, complex” crypto risk: FDIC report.
A new FDIC report has found that crypto assets pose an “evolving, novel and complex” risk to US banks. The report highlights cyber security threats and difficulty of valuing crypto assets as potential pitfalls.
47% of Australian scam funds sent to ‘crypto’ exchanges: AFCX reveals.
DAN: According to the Australian Financial Complaints Authority (AFCA), 47% of scam funds sent to Australian financial institutions in 2020 were sent to cryptocurrency exchanges. This is a significant increase from the previous year, when […]
CEO of World’s Largest Bitcoin ATM Operator Sees Industry Ripe for Consolidation
The CEO of the world’s largest Bitcoin ATM operator, CoinCloud, believes the industry is ripe for consolidation. He says it will make it easier for customers to access their services, allowing them to provide a more comprehensive offering and improving the safety of their customers’ funds.
An ETF will bring a revolution for Bitcoin and other cryptocurrencies
An ETF for Bitcoin is being proposed to regulators, promising to revolutionize the market by allowing a mainstream investment option for cryptocurrencies. If approved, it could bring greater liquidity, stability and confidence to the sector.
4 People Charged for Allgedly Defrauding Investors in Crypto and Precious Metal Scam
Four people were charged with fraud after allegedly defrauding hundreds of investors in a cryptocurrency and precious metals scam. They are accused of stealing millions of dollars in profits.
Yes, Coinbase is disappointed with crypto.
Coinbase, once seen as the face of crypto, has recently downplayed its enthusiasm, leading some to wonder if it has lost faith in digital currencies. Is this the beginning of the end for crypto?
Crypto gaming investments skyrocketed in July as Metaverse NFTs cooled off.
July marked a turbulent month for the crypto game industry as investments surged while Metaverse NFTs fizzled. VC spending hit a record high of $146 million, with seven companies earning over $10 million each. NFTs dropped, with Metaverse tokens falling 11%.
Donald Trump Holds Between $250K and $500K Worth of ETH
Donald Trump’s financial disclosures this year revealed he holds somewhere between $250,000 and $500,000 of Ethereum, the world’s second-largest cryptocurrency.
Coinbase Transfer By Voyager Ignites Sell-Off Alarm Bells Within Crypto Community
Coinbase announced a new transfer feature with Voyager, prompting a sell-off of popular crypto assets as the community questioned its impact. Many feared that Voyager’s access to directly buy and sell crypto could cause price manipulation.