Miami-based fintech startup Milo is introducing what it claims is the world’s first “crypto mortgage.” The digital bank will allow crypto investors to leverage their digital assets to purchase real es...
Category: Crypto
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Is Crypto a Ponzi? Define 'Ponzi'
If you can believe it, scams and Ponzi schemes have existed and thrived in the cryptocurrency industry well before the recent speculative exuberance around decentralized finance (DeFi), non-fungible t...
U.K: Cryptos now under FCA’s ambit, new rules on crypto adverts introduced
The growing popularity of cryptocurrency asset investments over the past few years, especially from the retail sector, could be considered a byproduct of incessant crypto advertising by emerging compa...
UK to Tighten Rules on Crypto Ads to Ensure They’re Fair, Clear, Not Misleading – Regulation Bitcoin News
The U.K. government has announced plans to impose new rules on cryptocurrency ads to ensure they are fair, clear, and not misleading to consumers. The rules will be enforced by the Financial Conduct A...
UK Regulator Proposes Policy To Curb Misleading Crypto Ads
The government in the UK moves to protect consumers from false cryptocurrency-related advertisements on public platforms and spaces. To achieve this, crypto promotions will fall under the purview of t...
UK to impose strict restrictions on misleading crypto ads
In a bid to restrict misleading ads concerning cryptocurrency, the UK Treasury on Tuesday announced its plans to regulate cryptocurrency advertisements as other financial products and ensure that the ...
Brazil’s Hashdex to Launch DeFi ETF—The Sixth Crypto ETF in Brazilian Market
Crypto asset manager Hashdex today announced that it has received approval to launch what the company is describing as the “world’s first” DeFi ETF. Developed in collaboration with cryptocurrenc...
Mastercard strikes NFT payments deal with Coinbase amid wave of crypto partnerships
A 3D printed Mastercard logo is seen in front of displayed stock graph in this illustration taken September 20, 2021. Dado Ruvic | Reuters Mastercard said Tuesday it inked a deal with Coinbase, the la...
PM Modi Calls For Global Uniformity In Crypto Regulations
India’s PM Narendra Modi has urged global communities to maintain a uniform approach to tackle the challenges posed by cryptocurrencies. Modi Calls For “Similar Mindset” Speaking virtually at the 20...
Is Chainlink the special ingredient behind these altcoin rallies
2021 was the year that decentralized finance (DeFi) truly took the cryptocurrency industry by storm, as several new protocols and trading platforms emerged on Ethereum-like Layer 1s. Another trend tha...
BNB Coin Price Analysis: BNB Price Moving Back to Lower Support, Teasing To Continue this Correction
Last week’s recovery in Binance coin (BNB) price was rejected from a descending trendline. However, a recent news that Binance coin has implemented its first quarterly Auto-Burn favors the BNB investo...
First Mover Asia: Fed Tightening, Economic Woes Continue to Spook Crypto Investors
Good morning. Here’s what’s happening: Market moves: Bitcoin and ether go down and then up; altcoin prices are mixed. Technician’s take: BTC appears oversold into the Asia trading day, but upsid...
U.K. Government to Crack Down on Crypto Advertising
Key Takeaways The U.K. Government published plans today detailing its plans to impose greater restrictions on cryptocurrency advertising. The proposed legislation would subject cryptocurrency promotio...
Wave Park to be Built After Anonymous Crypto Donation
Bitcoin Beach: El Zonte is a surf hotspot in El Salvador. The town will now be the location of the first wave park in all of Central America. With construction about to start, it holds a lot of promis...
Here’s why Binance Coin is 33% down from its all-time high
Binance Coin (BNB) holders enjoyed a 1,760% rally from $37 to $692 between January and May 2021, but as is customary in crypto, this surge was followed by a 69% correction two weeks later. From there...
The House Looks Into Crypto's Energy Impact
A House committee will take a look at crypto and its energy requirements this week. It’s another congressional look at crypto. You’re reading State of Crypto, a CoinDesk newsletter looking at the...
OpenSea Acquires Dharma Labs – Crypto Briefing
Key Takeaways OpenSea has acquired Dharma, an Ethereum wallet project, to help build its team and scale over the next year. Dharma will sunset its wallet product over the next month, and its co-founde...
Roobic Crypto Platform With Friendly Access and Low Fees
Roobic.io is an EU based exchange that is aimed at providing multiple crypto-related activities: Buying/selling crypto vs. fiat in an OTC model for both individuals and businesses Staking Crypto-bas...
Peckshield reports that Crypto.com hack netted $15 million
The hack of Crypto.com in the early hours of Monday was originally passed off as no funds being lost by CEO Kris Marszalek. However, an investigation by PeckShield, the blockchain security firm, has r...
HM Treasury Proposes New Legislation On Misleading Crypto Ads
Her Majesty’s Treasury, the UK government’s economic and finance ministry, announced today that it is studying ways of creating regulatory legislation that would address the challenge of misleading ad...
Solana (SOL) Remains a Favorite Among Institutions As Negative Crypto Sentiment Shows Signs of Cooling: CoinShares
Bearish sentiment among institutional investors in the crypto markets appears to be cooling despite millions of dollars in outflows from digital asset investment products. According to digital asset m...
Bitcoin-Integrated Altcoin Spikes After Earning Surprise Support From Coinbase
One altcoin that seeks to leverage the power of Bitcoin (BTC) is enjoying bullish price action after getting sudden support from Coinbase, the top crypto exchange in the US. In a new announcement, Coi...
Chainalysis: North Korea Stole a Lotta Crypto Last Year
A new report from blockchain analysis firm Chainalysis suggests that in the year 2021, North Korea stole as much as $400 million worth of cryptocurrency. As many as seven separate attacks were launche...
UK FCA to regulate misleading crypto ads
TL;DR Breakdown • Regulators in the UK believe that crypto advertising could be misleading.• Spain and Singapore do not tolerate misleading crypto promotions. The beginning of 2022 has come with more ...
Mike Novogratz Issues Bearish Warning About Crypto
Alex Dovbnya Galaxy Digital CEO Mike Novogratz expects crypto and stocks to remain under pressure In a recent tweet, Galaxy Digital CEO Mike Novogratz issued a bearish warning about cryptocurrencies a...
‘Hive Mind’ Algorithm Shows Crypto Traders Bullish on Polkadot (DOT), Avalanche (AVAX) and Polygon (MATIC)
An autonomous bot that’s been outperforming the cryptocurrency market by using data from weekly surveys of traders indicates that several altcoins are gobbling up market share from crypto titans Bitco...
Kosovo Crypto Miners Considering Selling Gear Following Ban
Some miners in Kosovo are considering selling their equipment, following a government ban on cryptocurrency mining. One crypto exchange co-owner based in Kosovo’s capital Pristina told Bloomberg he kn...
Crypto Gem: This Proof Of Meme (POM) Crypto Coin Is Up Almost 3000% Over Last year
The Constellation (DAG) price is still trapped in a moderate correction phase. The DAG/USD price started a recovery rally as the coin was entering the year 2022. However, a descending trendline is int...
Crypto job searches on LinkedIn gain by 395% in 2021
The crypto market recorded exponential growth in prices. However, this sector’s growth also created more job opportunities, and recent data shows that jobs related to the cryptocurrency sector increas...