The CEO of a Canada-headquartered gold mining company, Mark Bristow, has insisted that gold currently has little downside risk. He also highlighted the precious nature of the metal and how it is a bet...
Tag: Crypto
Singapore crypto ATMs shut down after central bank crackdown
The Monetary Authority of Singapore has reportedly decided to shut down cryptocurrency automatic teller machines in the city-state. According to Bloomberg, to comply with new regulations issued by the...
Cardano’s ADA Token Leads Crypto Majors Lower, Bitcoin Nears $41K as Bond Yields Rise
At press time, ADA was trading near $1.36, a 10.6% fall in the last 24-hour. Scaling solution Polygon’s MATIC token fell 6% even as the network implemented Ethereum’s fee-burning mechanism...
Where to buy COTI token: the crypto enabling organizations to create payment solutions
Analysts are expecting the COTI token price to ride on the growing fame of its parent blockchain, the COTI, which is gaining popularity among organizations for empowering them to create their own bloc...
UK FCA issues draft rules to tighten crypto promotions
The UK’s Financial Conduct Authority (FCA) is set to strengthen its rules on how high-risk financial products, including crypto, are marketed. The regulator has issued draft rules this morning, ...
Crypto Miner Convicted in Russia for Allegedly Stealing Power to Mint Digital Coins – Mining Bitcoin News
A regional court has sentenced a man accused of illegally connecting his crypto farm to the grid to two years in prison. The decision comes as authorities in Moscow prepare to address the lack of prop...
Crypto Miner Argo Diversifies Into Non-Mining Blockchain Business
Argo Labs will mainly focus on network participation and strategic diversification through the efficient deployment of the company’s crypto treasury assets. The network participation will consist of p...
UK Regulators Go After ‘Misleading’ Crypto Advertising
The writing is on the wall for crypto advertisers in the U.K. as the government and Financial Conduct Authority (FCA) are stepping in to ‘protect consumers.‘ The finance ministry in the U.K., headed u...
OpenSea Acquires Crypto Wallet Dharma Labs for Undisclosed Amount
OpenSea, a leading marketplace for non-fungible tokens (NFTs), announced that it had acquired cryptocurrencies digital wallet Dharma Labs for an undisclosed amount. Along with the purchase, the compan...
Opera announces beta of its new Web3 focused ‘Crypto Browser’
Opera, the Norway-based company behind the popular internet browser, has released the beta version of its new Crypto Browser Project. This crypto browser aims to facilitate the user experience of brow...
Russia Takes Down REvil Crypto Ransomware Group
The Federal Security Service (FSB)—Russia’s domestic intelligence service—has said it has dismantled the REvil ransomware group at the request of the United States. The FSB reportedly conducted an ope...
Financial Market Committee Chair Aksakov Joins Calls for Identification of Russian Crypto Owners – Regulation Bitcoin News
Anatoly Aksakov, head of the Financial Market Committee at the Russian parliament, has reiterated a warning for cryptocurrency investors and insisted that Russians owning coins should declare their di...
Intel Reportedly Entering Crypto Mining Market with New ‘Bonanza Mine’ Chip
Microchip giant Intel could be about to enter the crypto and Bitcoin mining hardware market in a big way as it readies a presentation on a new revolutionary mining chip. The multinational technology g...
Blockchain Fest 2022: Crypto Community’s Yearly Event Returns
Blockchain Fest 2022 is becoming a good tradition with Finexpo bringing it to Cyprus for the second year in a row. Once again Parklane Hotel opens its doors for the whole industry with its leading fig...
OpenSea Acquires Dharma Labs – Crypto Daily™
NFT platform and marketplace OpenSea has announced its acquisition of Dharma Labs, a decentralized finance startup, in a bid to expand its core offerings. The acquisition has been rumored beforehand, ...
BNY Mellon Sees Meaningful Revenue In Crypto by 2023 Post Clear Regulations
Bank of New York Mellon is optimistic about a meaningful revenue ticking from its crypto services. On Tuesday, January 18, the bank’s chief financial officer Emily Portney said that the bank is collab...
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...
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...
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...