Bitcoin price recovery driven by growing US financial concerns 

Cyber criminals have been sending scam emails claiming to be from the United Kingdom Financial Conduct Authority (FCA) and promoting crypto assets investments, financial market-focused platform FT Adviser reported on July 22.The letter impersonating the FCA is entitled "Guaranteed chance to earn" and features the watchdog’s logo and branding. After reading that "Bitcoin is still…

The explosiveness and high dollar value of nonfungible tokens (NFTs) seem to either distract investors from upping their operational security to avoid exploits, or hackers are simply following the money and using very complex strategies to exploit collectors’ wallets.At least, this was the case for me way back when after I fell for a classic…

According to Nigeria's securities regulator, Binance is neither registered nor regulated in the country, making its operations illegal. 483 Total views 14 Total shares It has been a tough week for cryptocurrency exchange Binance. On June 9, Nigeria's securities authority reportedly deemed the exchange illegal, just days after Binance was sued by the U.S. Securities…

While DBS did not say the exact date, the banks said that the newly-announced crypto offerings will begin some time on the fourth quarter of 2024. 

Bitcoin's production cost is dropping, and price action often rebounds to new highs if it dips below it, data shows. 1472 Total views 3 Total shares China's crackdown on Bitcoin (BTC) mining may have unintended benefits for BTC price action, one analyst suggests.In a tweet on June 18, Charles Edwards, CEO of investment firm Capriole,…

All revolutions have their dogmas, and the cryptocurrency/blockchain insurgency is no different. It’s an article of faith among crypto adherents that decentralization will solve many of society’s ills, including the problem of governance. Vili Lehdonvirta — an Oxford University social scientist, book author, and former software developer — disagrees.“The underlying technology will change and it’s already…

“The return comes from hashrate, not from pixie dust, ponzi schemes, or rehypothecation,” a Luxor Technology executive stressed. 326 Total views 2 Total shares An upcoming Bitcoin (BTC) hashrate-backed product that could offer 10% to 13% returns shouldn’t be compared to failed products by BlockFi or Celsius as its returns come from proof-of-work, not “ponzi

According to Interpol, there are currently 7,151 individuals publicly named on the agency’s Red Notice list out of 69,270. 584 Total views 10 Total shares South Korean prosecutors have reportedly requested Interpol intervene in their case against Terra co-founder Do Kwon by issuing a "Red Notice" — suggesting global law enforcement agencies may attempt to…

Since dropping to $24.05 during the strong marketwide correction that occurred on March 12, Monero (XMR) has rallied 99.5% and currently trades at $49. The recent recovery occurred on consistently strong purchasing volume and the altcoin has spent the last 10 days trading in an ascending channel. XMR USDT 4-hour chart. Source: TradingViewAt the time of writing…