Investors have continued to report scams as criminals have continued to front their malicious platforms using the image of Martin Lewis. According to several reports, the scam ads, mainly from Faceboo...
Tag: report
Stocks are tanking but investors are eyeing CPI report for some stock market relief
Hitting rock bottom usually isn’t something people look forward to. But for investors hungry for relief from the latest market selloff, rock bottom couldn’t come soon enough. On Tuesday, the Dow Jones...
April’s consumer price index report expected to show inflation has already peaked
Shoppers inside a grocery store in San Francisco, California, U.S., on Monday, May 2, 2022. David Paul Morris | Bloomberg | Getty Images April’s consumer price index report is expected to show ...
Federal Reserve Says Private Stablecoins Vulnerable to Runs in New Report
The U.S. Federal Reserve is voicing concerns about the viability of cryptocurrency stablecoins and is suggesting the utility of government-backed alternatives. In a wide-ranging report discussing fina...
SoFi stock falls, trading halted after fintech firm accidentally releases Q1 report
Shares of SoFi fell sharply on Tuesday and were halted for nearly three hours after the company accidentally released its first-quarter results early. The company said the report, which was scheduled ...
Federal Reserve says stablecoins are ‘prone to runs’ in new financial stability report
The US Federal Reserve has spotlit the risk of market runs on stablecoins in a newly issued report. In a May 9 report on financial stability, the Fed emphasized stablecoins alongside certain money mar...
New Financial Stability Report of Federal Reserves
The Federal Reserve research stablecoins reported that dollar-pegged stablecoins exhibit “safe asset qualities” in comparison to other crypto assets. The price rises above its peak during market distr...
Nigeria’s Central Bank to Allow Bill Payments in eNaira (Report)
The Central Bank of Nigeria (CBN) will reportedly enable locals to pay their bills, TV subscriptions, and flight tickets using the eNaira. The move is part of a campaign that aims to popularize the fi...
Near Foundation Establishes Blockchain Hub in Kenya: Report
Near Foundation – the Swiss non-profit that oversees the development of Near Protocol – reportedly teamed up with the Kenyan blockchain community Sankore to launch a regional hub in the African countr...
Crypto muggers in London target digital investors by taking phones: report
Thieves are targeting digital currency investors in a wave of “crypto muggings,” UK police said, with victims reporting big sums stolen after their mobile phones were seized, the Guardian reported tod...
Fed Warns of Worsening Market Liquidity in Stability Report
(Bloomberg) — The Federal Reserve warned of deteriorating liquidity conditions across key financial markets amid rising risks from the war in Ukraine, monetary tightening and high inflation in a...
Over 20 investment funds hold Dash, and 40 more plan to add it: Report
Cointelegraph Research conducted a first-of-its-kind survey querying over 2,000 global crypto funds and certificates to gain an insight into their investment allocations during 2021. The survey was co...
Instagram to support NFTs from Ethereum, Polygon, Solana, Flow: report
Instagram, the social media platform owned by Meta, will support non-fungible tokens (NFTs) for crypto art from several major blockchain networks, with the announcement of a pilot coming as soon as Mo...
Deribit and OKX attract significant traffic from China despite a blanket ban: Report
Data from website traffic metric provider Similarweb shows that Deribit and OKX continue to attract significant traffic sources from China despite a blanket ban on crypto transactions and foreign exch...
Binance disables derivatives services in Spain, seeks regulatory approval: report
Binance, one of the world’s biggest crypto exchanges, disabled its derivatives services in Spain while seeking regulatory approval from Comisión Nacional del Mercado de Valores (CNMV), the Crypto Time...
Rivian Slumps Amid Report Ford Is Selling Shares at a Discount
(Bloomberg) — Rivian Automotive Inc. fell as much as 9.6% in U.S. premarket trading after a media report that Ford Motor Co. is selling 8 million of its shares in the electric-pickup maker at a ...
Report Shows 90% of Central Banks Are Considering CBDCs
Over 90% of central banks are working on some form of digital currency, a survey has revealed. The Bank for International Settlements (BIS) surveyed 81 central banks and responses showed that 60% are ...
Coinbase Warns Some Russian Users Their Accounts May Be Blocked, Report Reveals – Exchanges Bitcoin News
Leading U.S. crypto exchange Coinbase has reportedly notified certain Russian customers that their accounts may be blocked at the end of this month. According to Russian media, the trading platform ha...
South Korean president-elect’s crypto plans disappoint fintech groups: report
The Korea Society of Fintech & Blockchain (KSFB) and the Korea Digital Asset Service Provider Association (KDA) said President-elect Yoon Suk-yeol’s cryptocurrency policy proposals were disappoint...
Over 100,000 Cubans Are Now Using Cryptocurrency (Report)
Many Cubans are now using cryptocurrencies as an alternative means of exchange due to limitations imposed by US sanctions on the country’s traditional payment rails. Over 100,000 Cubans are reportedly...
Bitcoin mining stock report: Friday, May 6
Bitcoin mining companies were down in the stock market on Friday afternoon, notably with Riot dropping 6.87% and Marathon 5.97% on the NASDAQ stock exchange. Contrary to other miners, Argo’s st...
Cardano Adoption Surges As Number of ADA Wallets Breaks New All-Time High: CryptoCompare Report
New data shows that Ethereum challenger Cardano (ADA) is seeing a surge in adoption with the number of ADA wallets hitting a new all-time high despite a shaky April for the smart contract platform. A ...
SW DAO Showcasing New UI/UX Improvements in Q1 Report
SW DAO is evolving to improve its user experience. Transparency reporting gives users and the general public access to critical information about how a company operates. Being a provider of DeFi inves...
The NFT Market Will Be Worth More Than $13 Billion By 2027 — Report
In recent years, non-fungible tokens (NFT) has emerged from obscurity to become a vital part of the broader cryptocurrency industry. Analysts and market participants have forecast a prosperous future ...
Bitcoin mining stock report: Thursday, May 5
All the major publicly traded bitcoin miners ended Thursday on a decline, a perhaps unsurprising development given the turbulence in US equities. Still, some fared better than others. Marathon’...
Bitcoin Collapse Over Past Two Days Explained by This Report
Yuri Molchan Recent analytics data from CryptoQuant offers one of explanations of the recent fall of Bitcoin price Disclaimer: The opinion expressed here is not investment advice – it is provided for ...
Cynics dominate comments section of BBC Bitcoin crash report
The BBC published an article titled, ‘Bitcoin value drops by 50% since November peak,’ on May 10. It gave a balanced account of the current state of affairs. The key takeaway was a strong positive cor...