Crypto scams involving Bitcoin ATMs explode by 1,000% since 2020 — FTC
As Bitcoin ATM scams surge, particularly targeting older adults, the FTC and industry leaders stress the importance of caution and preventive measures.
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Bitcoin prices should ‘logically’ correct in Jan, but crypto’s a ‘wild card’
The price of Bitcoin (BTC) should “logically” undergo a correction once spot Bitcoin exchange-traded funds (ETFs) are approved, though commentators also concede that crypto is also a “wild card."Bitcoin has been gaining momentum over the last 11 months, with a jump in March amid banking uncertainty, another spike in June when BlackRock filed for a spot
US Food Retailer Albertsons Uses IBM Food Trust Blockchain to Track Lettuce
United States food and drug chain Albertsons Companies has become the latest client retailer of IBM’s Food Trust blockchain platform, the company confirmed in a press release on April 11.Albertsons, which operates a network of 2,300 stores across the U.S., will use the platform initially to track the supply chain for romaine lettuce, but aims…
European Central Bank Exec Calls for Fast Regulatory Action Regarding Libra
European Central Bank executive board member Benoit Coeure said that financial regulators must act fast to prepare for Facebook’s Libra stablecoin, Bloomberg reports on July 7.Per Bloomberg, Coeure argued on Sunday in Aix-en-Provence in southern France that allowing for the development of new financial services and asset classes in a regulatory void is irresponsible. He…
Bank of Cambodia: We’ll Allow More Control with Blockchain Payments
Assistant Governor at the National Bank of Cambodia Serey Chea said that blockchain payments will enable greater financial control and remittance efficiency in an interview with CNBC published on Oct. 22.Chea said that the National Bank of Cambodia has experimented with domestic blockchain payments for retail, but the main interest is testing them for cross-border…
Philippines’ central bank isn’t ready to pull the trigger on a CBDC
The central bank wants to learn from private-sector digital currencies — but still believes they are inferior to central bank money. 793 Total views 5 Total shares Philippine central bank governor Benjamin Diokno has announced that the institution's "exploratory" study of central bank digital currency study suggests that much more work is needed to make…
Coinbase Launches First ERC-20 Token on Platform
Leading U.S. cryptocurrency exchange Coinbase has started listing 0x (ZRX) token, according to an announcement published Oct. 11. The move marks the first time Coinbase has added support for an ERC-20 token.ERC-20 tokens are tokens developed and used solely on the Ethereum (ETH) platform, where ERC stands for Ethereum Request for Comment, and 20 is…
Crypto and commodities poised for massive rally, says market analyst
According to Michael van de Poppe, an upcoming surge in global liquidity, fueled by debt refinancing, could trigger the next Bitcoin bull run.
Bank of Russia asks stock exchanges to not list crypto-related firms
The Bank of Russia’s new stock exchange recommendations do not apply to central bank digital currencies and authorized digital assets issued in Russia. 787 Total views 6 Total shares As global cryptocurrency companies increasingly consider going public, the Russian central bank has officially recommended local exchanges to avoid crypto-related listings.The Bank of Russia issued an…