According to the FTC’s 2023 report, Americans lost $1.4 billion in scams where the method of payment were cryptocurrencies- only $400 million less than that lost to traditional bank transfer and payments. Here is how you can keep safe.
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Category: News
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SEC Takes Legal Action Against Coinbase, Leading to Sharp Decline in Stocks
The Securities and Exchange Commission (SEC) has launched a lawsuit against the cryptocurrency trading platform, Coinbase, accusing it of operating without appropriate registration.
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MARGINX, WORLD’S FIRST COMMUNITY-BASED DECENTRALIZED EXCHANGE, LAUNCHES ON FUNCTION X BLOCKCHAIN
MarginX, the world’s first community-based decentralized exchange (DEX), launches on the Function X blockchain today. It runs on a first-of-its-kind multi-chain and on-chain infrastructure that allows investors to trade with close to zero gas fees, ultra-high throughput and liquidity, and full ownership and transparency.
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Tornado Cash ban: Will Crypto Tumblers Disappear?
Tornado Cash ban: Will Crypto Tumblers Disappear? Could the current Tornado Cash ban impact other privacy protocols?
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Bitcoin Winter – Is Bitcoin Still Relevant?
Bitcoin's values are in a decline. Does this mean we should buy more Bitcoin? Is Bitcoin still relevant? Bitcoin Winter and its volatility.
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NYC State Department Calling For Stricter Regulations Regarding Stablecoins
On Wednesday, the New York State Department of Financial Services released new guidelines regarding licensed cryptocurrency firms that issue stablecoins. These rules call for monthly independent audits and reserve requirements. The regulations arrive in the wake of Terra Luna's massive price plunge.
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US President Issues Order to Look Into Crypto
On Wednesday, President Joe Biden signed an executive order regarding cryptocurrencies that directed federal agencies to work together to address the issue.
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Ukraine Is Accepting Crypto Donations to Aid Those Affected by the War
According to Michael Chobanian, founder of the Kyiv-based cryptocurrency exchange Kuna, at least $14 million has already been disbursed from the $26 million in crypto that the Ukrainian government raised during the Russian invasion.
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Circle, the Company Behind USDC, Increased in Value to $9 Billion
Circle’s value increased to $9 billion after a deal with Concord Acquisition Corp. Circle is the company behind one of the main stablecoins in the crypto space, USDC.
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Warren Buffett Has Invested in Crypto-Friendly Bank. Is This an Endorsement From the Sage of Omaha?
Famously, Warren Buffett once referred to all cryptocurrencies as “rat poison“. Don’t take the Sage of Omaha’s words as gospel just yet. Mr. Buffett seems to have had a change of heart. Warren Buffet‘s Berkshire Hathaway purchased $1 billion of stock in a digital banking institution that focuses on cryptocurrency. Berkshire Hathaway announced its crypto...
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