Federal agencies are missing the mark on celebrity crypto endorsements
It’s time for a review exploring whether the rules that federal agencies impose on crypto-related speech pass constitutional muster.
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North Korean Hackers to Launch a Global COVID-19 Phishing Campaign
North Korea-backed hackers are reportedly preparing a massive phishing campaign to take advantage of the COVID-19 crisis. 257 Total views 6 Total shares A study by cybersecurity vendor, Cyfirma, warned about a massive phishing campaign that will be launched by the North Korean hacker group, Lazarus, on June 21. The campaign will allegedly target six…

Bitcoin realized price bands form key resistance as bulls lose $24K
Bitcoin (BTC) consolidated lower on Aug. 9 after familiar resistance preserved a multi-month trading range.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin navigates whale price ladderData from Cointelegraph Markets Pro and TradingView showed BTC/USD falling under the $24,000 mark overnight after rejecting near $24,200. The pair had seen swift gains to start the week but momentum faded as…

Indian crypto exchange execs intensify lobbying efforts to prevent ban
Cryptocurrency exchange operators in India are attempting to dissuade the government from banning digital currencies. 1667 Total views 13 Total shares Nischal Shetty, CEO of Indian crypto exchange WazirX, and other stakeholders in the industry are reportedly working toward convincing the government to adopt more nuanced cryptocurrency regulations.According to a report by The Economic Times,…

Euroclear launches digital securities issuance service, settles World Bank bond
The settlement service is far from the first to issue digitalized securities, but it is a significant step because of its size. 107 Total views 17 Total shares Euroclear has launched a digital securities issuance service and settled a 100-million-euro ($106 million) digital World Bank bond. This is the first step in the Brussels-based settlement

Crypto Market Outlook Downgraded to ‘Uncertain’ in New SFOX Volatility Report
The current outlook for the cryptocurrency market has been downgraded from mildly bullish to uncertain, SFOX’s latest volatility report concluded on June 6.While the report acknowledged that crypto prices recovered substantially last month, the authors described overall sentiment is at a tipping point — and warned it was unclear how much of the growth is due to FOMO…

IBM, Pacific International Lines Complete Blockchain Shipping Trial With Oranges
IBM is continuing its foray into blockchain trade management, completing a new trial which shipped 108,000 mandarin oranges to Singapore, a press release confirmed on Jan. 31.IBM, which is focusing on speeding up efficiency in multiple trade environments, used the technology to reduce paperwork handling and costs for the shipment, which originated in China.Singapore is…

DeFi contagion? Analysts warn of ‘Staked Ether’ de-pegging from Ethereum by 50%
The next big crypto crash could be around the corner due to Lido Staked Ether (stETH), a liquid token from the Lido protocol that is supposed to be 100% pegged by Ethereum's native token, Ether (ETH).Notably, the stETH peg could drop against ETH by 50% in the coming weeks, raising the risk of a "DeFi…

Crypto.com secures UK registration for ‘cryptoasset activities’
As defined by the FCA, "cryptoasset activity" includes anything that involves exchanging one crypto for another or exchanging crypto for fiat and vice versa. 103 Total views 3 Total shares Digital asset exchange Crypto.com has just been given the green-light for “certain cryptoasset activities” in the United Kingdom, after receiving registration confirmation from the Financial…