Reports of ‘bleached’ counterfeit bills crop up across North America
Dodgy dollars are appearing everywhere from Texas to Hawaii to Canada as fiat counterfeiting is seemingly making a comeback.
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Robinhood makes significant strides in crypto business in Q1 despite falling revenue
The popular discount brokerage listed four trending tokens in Q1 2022. 151 Total views 4 Total shares On April 28, discount-brokerage platform Robinhood published its financial results for the first quarter of 2022. Year-over-year, the firm's net revenue declined by 43% to $299 million. Specifically, revenue from cryptocurrency trading fell by 39% to $54 million…
Bitcoin Surges Past $5,700 in Hours: Experts Explain Factors of Overnight Rally
Over several hours on May 3, the price of bitcoin spiked from around $5,300 to over $5,700 in major markets, allowing the crypto market to gain more than $7 billion in a single day.Most crypto assets in the global market have substantially surged in value in the past weekSource: coin360.ioMajor crypto assets such as ether…
Basel Committee finalizes crypto exposure rules for banks
The committee is unveiling the standards later in July, culminating a yearslong process.
Chainalysis breaks down how scammers adapt during the bear market
As crypto traders became wary of making investment decisions amid the Terra collapse in 2022, scammers shifted to free giveaways and romance scams. 173 Total views 10 Total shares Own this piece of history Collect this article as an NFTWhile scammers can also feel the chill of the crypto winter as scam revenue drops by…
ECB Says It’s Ramping Up Crypto Surveillance to Include Off-Chain Data
The European Central Bank (ECB) says the “central banking community” will refine its monitoring of cryptocurrency transactions, both on- and off-chain.In an Aug. 7 report entitled “Understanding the crypto-asset phenomenon, its risks and measurement issues,” the ECB argues that “closing the data gaps associated with crypto-assets” continues to pose a significant challenge for regulators and…
Crypto market turmoil highlights risks of leverage in trading
Leveraged trading of cryptocurrencies — i.e., trading crypto with borrowed funds — comes with significant risks. This is mainly due to the capricious nature of the market.In May, the cryptocurrency market, which had grown significantly over the past couple of years, recoiled violently following a cascade of negative market events, losing over 50% of its…
The Philippines halts virtual asset provider license applications
The Banko Sentral ng Pilipinas said that the closing of VASP applications begins on Sept. 1, 2022, and will last for three years. 69 Total views 6 Total shares While many believe that the Philippines can become a new crypto hub, that dream may be shattered in the meantime as the country’s central bank announced…
Bitcoin Pre-Halving Price Rally Continues to $8K With New Higher High
Bitcoin price just set a higher high at $7,863 as bulls attempt to conquer $8,000 before the block reward halving. 878 Total views 24 Total shares Bitcoin (BTC) price has secured another higher high at $7,863 as traders continue to press for a break of the resistance at $8,000. With just 13 days left before mining…