Category Archives: Cryptocurrency News

SEC warned investors about the risks of bitcoin derivatives

The US stock market regulator warns investors about the risks of buying bitcoin futures and funds. The SEC has called Bitcoin “an extremely high risk asset.” The agency has issued a warning to users trading bitcoin futures. The SEC called the first cryptocurrency a “highly speculative asset” and also urged users to carefully analyze the financial risks inherent in bitcoin futures contracts with settlements in fiat currency. Investors are encouraged to define a risk profile…

UBS Bank will provide clients with access to cryptocurrencies

The Swiss financial giant UBS Group plans to present tools for investing in cryptocurrencies, and also expressed its readiness to introduce blockchain into its business processes. Investment bank UBS began exploring options for providing its wealthy clients with the opportunity to invest in digital assets. The Bank is also considering the use of third party investment vehicles. Given the growing interest of investors in cryptoassets, UBS sees it necessary to respond to the situation in…

DFINITY project token entered the top ten leaders in terms of capitalization immediately after listing

The DFINITY project launched “Internet Computer” on May 8, a decentralized computing network. Immediately after listing on exchanges on May 10, ICP entered the top ten by market capitalization. The DFINITY developers wrote that the Internet Computer core uses a blockchain with unlimited bandwidth. Cryptographic protocols called “Chain Key Technology” solve the “blockchain trilemma” – that is, strike a balance between decentralization, security and scalability. The network is controlled by the Network Nervous System (NNS)…

Mike Novogratz urged exchanges to place satoshi instead of bitcoin for trading

Galaxy Digital CEO Michael Novogratz has suggested that cryptocurrency exchanges list satoshi instead of BTC to make this crypto asset more accessible. Novogratz tweeted this, mentioning the leaders of the marketplaces Binance, Coinbase, FTX and Gemini. He encouraged them to move on to listing satoshi, the smallest unit of bitcoin. Unlike pounds or dollars, which are 100 pennies or 100 cents, one bitcoin contains 100 million satoshi. At the current bitcoin price, the satoshi value…

FBI prevented contract assassination using information from the Coinbase exchange

The FBI has figured out the culprit who paid the killer for the failed murder of his wife in bitcoins. The data, including a photo of the suspect, was provided by cryptocurrency exchange Coinbase. Tennessee resident Nelson Replogle paid a hitman in BTC to kill his wife Anne. According to FBI Special Agent Clay Anderson, Replogle sent the would-be killer BTC along with a description of his wife’s car and the time she was supposed…

Central Bank of Iran banned the trading of cryptocurrencies mined in other countries

According to local media reports, the Central Bank of Iran has banned the trading of cryptocurrencies mined outside the country to prevent capital outflows. In fact, cryptocurrency trading in Iran is considered illegal. But in 2019, the Iranian government legalized the mining of cryptoassets, recognizing it as one of the industrial sectors. Last fall, Iran allowed the use of digital assets, but only to pay for goods imported from other countries. The Iranian authorities believed…

Ether is above $ 3600, Bitcoin dominance fell to the level of the summer of 2018

Altcoins rushed to new highs led by Ether, which rose above $ 3,600. Bitcoin’s dominance index has dropped to 44%, the lowest since the summer of 2018. Today, after a three-day consolidation, ether has overcome the level of $ 3,600 and continues to grow – now it has every chance of getting to $ 4,000. Over the past 30 days, the price of ETH has increased by almost 70% and continues to grow. And just…

CedarFX – Trade with the First Eco-Conscious Broker

It’s not every day that you come across a broker with a vision to make a positive impact beyond the world of finance. CedarFX, however, is changing that perception. The leading online broker has recently launched a revolutionary Eco Account option to its traders, making it the first-ever Eco-conscious broker to exist! Through their various account options, CedarFX is dedicated to helping traders reach higher by offering ultra-high leverage and low spreads. Traders can get…

Central Bank of Georgia began to study the possibility of issuing digital lari

The National Bank of Georgia is exploring the possibility of issuing a state cryptocurrency to improve the efficiency of the internal payment system and the availability of financial services. According to the statement of the Central Bank of Georgia, the country plans to join the growing number of states preparing the release of the state cryptocurrency. The regulator encourages technology companies, the fintech industry and interested financial institutions to cooperate with the Central Bank to…

Central Bank of Kazakhstan opened a public discussion on the issue of digital tenge

The National Bank of the Republic of Kazakhstan began a public discussion of the benefits and possible risks of switching to the digital Kazakhstani tenge. According to information from the Bank of Kazakhstan, digital tenge will be backed by the state currency in cash and non-cash form in a 1: 1 ratio. It will have a two-tier structure: financial institutions will be able to provide services to the population and businesses using this asset, and…