Key Takeaways The Financial Stability Board has issued a report warning that crypto poses a risk to global financial stability. It warned of the risks of using unbacked assets and stablecoins. In 2018...
Tag: Warns
SEC Warns Against Interest-Bearing Crypto Accounts — Says They’re Riskier Than Bank Deposits – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) has warned investors about the “risks with accounts that pay interest on crypto-asset deposits.” The warning coincides with the first enforcement acti...
No Developed Nation Bans Cryptocurrencies, Telegram Founder Pavel Durov Warns Russia – Coinotizia
Pavel Durov, founder of the messaging app Telegram, has criticized Bank of Russia’s proposal to impose a blanket ban on a range of crypto-related activities. Such move would stifle high-tech developme...
Spanish Securities Regulator Warns of Impersonators Selling Bitcoin on Its Behalf – Bitcoin News
The CNMV, the Spanish securities regulator, has issued a warning about the existence of an unknown party asking for information and offering to sell bitcoin on its behalf. The fraudsters are said to p...
UK Crypto Firm Chief Warns Country Could ‘Fall Behind’ EU in Innovation and Licensure
The head of the UK’s biggest crypto company has accused the country’s finance watchdog of stifling innovation, suggesting Britain will fall behind its EU rivals as a consequence. Peter Smith, CEO of B...
Crypto Strategist Warns Altcoins Face Significant Drawdowns, Says Market Getting Rid of ‘Dead Weight’
A closely followed crypto strategist and trader is warning digital asset traders that altcoins are likely to get hit hard as capital rotates to less risky assets. Pseudonymous analyst Pentoshi tells h...
RBI Governor Das Warns Crypto Is ‘Not Even a Tulip.’
In a press conference on Thursday, Reserve Bank of India Governor Shaktikanta Das delivered a stern warning against investing in cryptocurrencies. He stated that investors must remember that crypto...
FTC Warns of Romance Scams Luring People Into Bogus Cryptocurrency Investments – Regulation Bitcoin News
The U.S. Federal Trade Commission (FTC) has warned about romance scams using cryptocurrency. Scammers use romance as a hook to lure people into bogus investments, especially crypto, the federal agency...
Trudeau Warns Truckers Government Will ‘Respond With Whatever It Takes,’ 2 Freedom Convoy Crypto Fundraisers Reach Goals – Bitcoin News
The truckers Freedom Convoy in Canada continues even after Canadian Prime Minister Justin Trudeau has warned the truckers the government is ready to “respond with whatever it takes.” Furthermore, an O...
Top China Chipmaker Warns of Growing Shortfall as U.S. Decouples
(Bloomberg) — Manufacturers in China are increasingly looking to source chips locally because they fear the U.S. and other governments may prioritize domestic users of the semiconductors vital t...
FBI Warns of Increased Crypto Romance Scams Leading up to Valentine’s Day
The Federal Bureau of Investigation (FBI) has sent out a warning to gullible singles looking for love, to be on the lookout for romance scams making use of cryptocurrencies. In a recent press release,...
Valentine’s Heartbreak: FBI Warns Of Crypto Romance Scams Ahead Of Hearts’ Day
Valentine’s Day is a significant day for many people worldwide. In the run-up to “heart’s day,” many will take on the role of Mr. Cupid – the chubby winged angel – except his arrows of love will not o...
FBI warns against rising crypto romance scams during Valentine’s week
The United States Federal Bureau of Investigation (FBI) has issued a warning against the rise in romance scams in the San Francisco Bay Area, with the latest trend involving cryptocurrencies. Just a ...
What a Russian invasion of Ukraine would mean for markets as White House warns attack could come ‘any day now’
Investors on Friday got a taste of the sort of market shock that could come if Russia invades Ukraine. The spark came as Jake Sullivan, the White House national security adviser, warned Friday afterno...
NFTs for Illicit activities: Warns U.S. Treasury through studies
The U.S. Treasury recently released a study signifying the potential risks NFTs can pose. Traditional industry participants like the art auction houses might have a lack of technical understanding for...
‘If you’re a wage earner you’re going to fall behind’: Ex-Fed insider warns of ‘difficult few years’ due to inflation
Former Federal Reserve insider Thomas Hoenig thinks the U.S. faces a painful reckoning because of high inflation. Hoenig was a lone dissenter eight times in 2010, when the Fed voted to pursue a then-n...
‘Massive Phishing Scam’ Targets Binance Customers As CEO CZ Warns Users To Be Cautious ⋆ ZyCrypto
Advertisement     CZ exposes a new SMS phishing scam. The executive warns users not to click links from SMS. Over $100 million has already been lost this year to crypt...
Macro Strategist Lyn Alden Warns of Potential Bitcoin Capitulation, Says 2022 Not Bullish for BTC
Macro strategist Lyn Alden says that she is not particularly bullish on Bitcoin in 2022, and warns that BTC is still susceptible to a capitulation event. In a new interview with Stansberry Research,...
Binance Warns Crypto Investors of ‘Massive Phishing Scam via SMS’ – Featured Bitcoin News
Cryptocurrency exchange Binance has warned investors of a “massive phishing scam via SMS.” The scammers sent SMS messages to crypto users informing them of a withdrawal request from an unknown IP addr...
US Treasury Warns NFTs May Present New Illicit Finance Risks – Bitcoin News
The U.S. treasury department has warned that non-fungible tokens (NFTs) may present new illicit finance risks. According to industry estimates, the NFT market could reach $35 billion in 2022 and more ...
Binance Phishing Attack Is Underway, CEO ‘CZ’ Warns
A phishing attack has been recently launched against Binance. Some customers received an sms urging them to cancel a withdrawal from an ‘unknown ip address.’ Clicking on the link in the sm...
Failure To Stay Carbon Neutral Will Cost Bitcoin Miners Dearly, Kevin O’Leary Warns
ABC’s Shark Tank star, Kevin O’Leary, has sounded a warning that environmental, social, and governance (ESG) reporting is going to shake up the Bitcoin mining industry. While many key players are curr...
Binance CEO Changpeng Zhao Warns Users Of SMS Phishing Scam
CEO of Binance, Changpeng Zao has alerted users about a massive SMS phishing scam that is targeted towards Binance users. The scam of the world’s largest cryptocurrency exchange platform is redirectin...
Treasury Department warns NFTs may be used money laundering
advertisement The United States Department of Treasury released a report describing how the non-fungible tokens (NFT) art market fits into money laundering schemes. The Treasury writes that while NFT...
CZ Warns of a Massive Phishing Scam Targeting Binance Users
The CEO of the world’s leading cryptocurrency exchange has warned of a ‘massive’ SMS phishing scam that targets Binance users. Tweeting on Friday, Changpeng Zhao, the CEO of the world’s leading crypto...
Indian Central Bank Warns against Unregulated FX Trading Platforms
The Indian central bank has issued a warning on Thursday against locally unregulated forex trading Forex Trading Forex trading is the buying and selling of foreign currencies with the aim of gener...
FCSA Warns Traders About FTX and ByBit Exchange
Governments and financial institutions are formulating regulatory frameworks to regulate the crypto industry. The trend was witnessed most recently in South Africa, where financial regulators warned c...
South Africa’s FSCA warns investors against using FTX and ByBit
South Africa’s top financial regulator, the Financial Sector Conduct Authority (FSCA), has cautioned citizens against using cryptocurrency exchanges FTX and ByBit. FSCA issued two notices on February ...
SEC Commissioner Warns Proposal May Threaten DeFi
A proposal by the SEC could give authorities sweeping powers over crypto exchanges, warns one Commissioner. A recent proposal by the U.S. Securities and Exchange Commission adding oversight to systems...
Crypto mom warns that proposed SEC rule threatens DeFi
Hester Pierce, popularly known as the crypto mom by the crypto community, has warned about a recent rule proposed by the US Securities and Exchange Commission (SEC). Pierce is a commissioner of the SE...