Deciding which security is worth to invest is always complicated because this process requires time for research and some knowledge of how various markets work. The level of difficulty is especially high in the crypto sector, where unexpected overnight changes can rock the entire industry and devalue all your previous decisions. Nevertheless, it doesn’t mean …
Cryptocurrency
The South African Reserve Bank (SARB) is keen on launching its own digital currency, but the central bank remains cautious, preferring to learn from others’ experiences first before fully embracing it. South Africa’s Reserve Bank is interested in launching its own digital currency, opting to be a ‘fast follower’ in the crypto market, learning from …
With Bitcoin, Ethereum, BNB, XRP, Cardano, Dogecoin, Litecoin, Solana, Tron, and Polygon prices booming, the crypto market could be poised for a $30 trillion injection if the U.S. Securities and Exchange Commission (SEC) approves the flurry of Bitcoin exchange-traded fund (ETF) filings. Bitcoin, Ethereum, and other top cryptocurrencies could see a $30 trillion influx of …
Alex Mashinsky, founder of now-bankrupt crypto firm Celsius, is arrested and charged with defrauding customers and lying about the firm’s business model. Alex Mashinsky, the former CEO and founder of the now-bankrupt crypto firm Celsius, has been arrested on fraud charges, including wire fraud, commodities fraud, and manipulation of securities prices. Celsius, founded in 2018, …
Ripple scores a partial win over SEC; institutional sales of XRP deemed a no-no, but programmatic sales get a green light. The court ruled that Ripple’s institutional sales of XRP tokens violated federal securities laws, but their programmatic sales did not. This brought some much-needed clarity to crypto regulations, even as the question of what …
A 25-year-old Moroccan man is accused of spoofing the OpenSea marketplace, stealing $450,000 in NFTs and cryptocurrencies. The Department of Justice has charged Soufiane Oulahyane with creating a spoof of OpenSea and defrauding victims of approximately $450,000 in digital assets. He faces multiple charges and potential decades incry prison. Soufiane Oulahyane is under lock and …
The marketing strategies behind crypto and AI highlight their differences, with celebrity endorsement in crypto and academic/inventor promotion in AI. Crypto relies on celebrity endorsement to attract mainstream investors, whereas AI is championed by intellectuals and focuses on enterprise adoption. AI’s goal is to automate routine tasks and provide dynamic personalization in business settings, despite …
Crypto.com now supports on-chain staking, enabling clients to tap into rewards offered by certain proof-of-stake networks. Singapore-based Crypto.com now supports on-chain staking of cryptocurrencies including Ethereum, Solana, and Polkadot. Users can earn dividends for validating transactions, with no mandatory lockup period. The exchange also recently discontinued its institutional service in the U.S., citing decreased demand. …
As noted by Coinbase`s analysts, the collapse of FTX has expanded the share of stablecoin’s dominance of the cryptocurrency market. The coins, pegged to the US dollar at a 1:1 ratio, inspire confidence with their stable exchange rate and ability to back up assets in crisis situations. Unsurprisingly, stablecoins have strengthened their influence several times …
Leverage trading is a popular investment strategy. It can help you maximize your profits and losses, but it’s not without risks. In this guide, we’ll show you how leverage trading works, what it means for your assets, and how to manage the risks involved with this strategy. What is Leverage Trading? Leverage trading is a …
Are you tired of feeling lost in the world of crypto? Well, we know everything there is to know and we’re here to share our expertise with you! Read this article and learn from the pros. With our insider knowledge and expert tips, you’ll be making profitable investments in no time. What will you find …
Crypto is generally perceived as a risky investment, and while there is some truth to that, no one can ignore the utility of digital assets. Bitcoin and other similar cryptocurrencies were created with a purpose in mind; thus, they have different real-world applications. If you’re wondering what you can do with digital currencies, this article …
Updated on 2022-12-29 The DoJ filed criminal charges against a hacker for stealing approximately $110 million in a fraud scheme targeting Mango Markets cryptocurrency exchange. Read more: U.S. charges fraud in Mango crypto manipulation case Updated on 2022-12-28: “Highly profitable trading strategy” hacker detained The US has charged and detained cryptocurrency trader Avraham Eisenberg, an …
Question Are there any viable options for cryptocurrency mining available in the present day? Ethereum has discontinued mining afte switched to proof-of-stake model, and Bitcoin requires a substantial amount of data processing power. Are there any other cryptocurrencies that can be mined? Answer 1 It is not economically feasible for individuals to mine profitably. This …
Updated on 2022-12-22 The FBI warned against threat actors using search engine ads to promote websites propagating ransomware or exfiltrating login credentials from crypto exchanges and financial institutions. Read more: Cyber Criminals Impersonating Brands Using Search Engine Advertisement Services to Defraud Users Overview: FBI recommends ad blockers In a PSA this week, the FBI recommended …