Category Archives: Cryptocurrency News

BitMEX CEO Gregory Dwyer’s trial postponed until October 2022

The trial of Gregory Dwyer, head of business development at the BitMEX derivatives exchange, has been postponed until October 2022 due to his extradition from Bermuda to the United States. In October 2020, the New York Federal Attorney’s Office accused Gregory Dwyer, BitMEX CEO Arthur Hayes, exchange CTO Samuel Reed and co-founder Benjamin Delo of violating the Banking Law. confidentiality, illegal business conduct in the United States and non-compliance with KYC and AML procedures. In…

Ontario regulator warns about lack of license from Binance exchange

The Ontario Securities Commission has warned the public that cryptocurrency exchange Binance is not registered with the regulator and cannot provide services in the province. According to a statement from the Ontario Securities Commission (OSC), none of the legal entities in the Binance group of companies are incorporated under Ontario securities laws. This means that the exchange is not authorized to offer trading in financial derivatives or securities to individuals or organizations located in the…

Robinhood Will Launch A Beta Cryptocurrency Wallet In January 2022

The Robinhood trading platform announced the imminent launch of the beta version of its own cryptocurrency wallet – users will be able to start testing as early as January 2022. An article in the company’s blog reports that tens of thousands of users are now on the “waiting list” for testing a cryptocurrency wallet. Already in the middle of next month, they will have access to the beta version of the application. In total, the…

S&P Global: Block.one, MicroStrategy and Tesla own 84% of corporate Bitcoin investments

The S&P Global analytical group believes that in 2022 other institutional investors will join these companies, so far only showing an interest in the cryptocurrency industry. S&P Global analysts have released a report called “Global Credit Outlook 2022″, in which they state that trends in the development of cryptocurrencies and DeFi will gain momentum in 2022. The authors of the study acknowledge that existing problems may hinder global adoption of cryptocurrencies in 2022. Despite this,…

Anthony Pompliano: Bitcoin volatility cannot be measured in dollars

Cryptocurrency enthusiast Anthony Pompliano believes that it is a mistake to use the US dollar to assess the volatility of Bitcoin, since it is also “overly volatile.” Anthony Pompliano said this in an interview during the Squawk Box program on CNBC. Program host Joe Kernen asked Pompliano if bitcoin’s volatility could prevent it from becoming a reliable vehicle for payments and settlements. Pompliano responded that many people have a misconception about the volatility of the…

RBI: “digital currencies of central banks can become an alternative to fiat currencies”

The Reserve Bank of India published a report on the country’s banking industry trends, in which it raised the issue of launching its own digital currency. Depending on the use cases, central bank digital currencies can become a complex financial instrument, as stated in a document submitted by the Reserve Bank of India (RBI). Government stablecoins can be used to efficiently conduct international payments, so in the future they can become a safe, reliable and…

The Overview of Forex Trading, Scam, and Recovering Lost Funds

Forex trading, also known as foreign exchange (FX) trading or currency trading, is a futures and options contract based on the price difference between two currencies. It involves the buying and selling of one currency for another. This can be done with other agreements such as stocks, bonds, commodities, ETFs, etc., but most people trade forex because of its high liquidity and low counterparty risk. How does Forex Trading work? Forex traders use computers called…

Venezuelan oil company retirees for Christmas will receive a bonus in cryptocurrency

The Venezuelan government has decided to support the distinguished former employees of the state oil company PDVSA and pay them a bonus in the national cryptocurrency Petro. According to local newspaper Banca y Negocios, since December 23, a group of retirees of the Venezuelan oil company PDVSA for special services to the enterprise began to receive a Christmas bonus of 2 PTR, which is 516.56 Venezuelan bolivars (more than $ 112). Seniors will receive this…

Sheila Warren: in 2022, the US will become a key regulator in the cryptocurrency market

Sheila Warren, deputy head of the Center for the Fourth Industrial Revolution of the World Economic Forum (WEF), believes that the US authorities are now devoting a lot of time to the law on the regulation of cryptocurrencies. Sheila Warren, host of the popular Money Reimagined podcast series, said the US will have the biggest impact on the crypto industry in 2022. “If last year I predicted that China will influence the cryptocurrency market more…

Santa Floki Token grew by 6,000% after tweet by Elon Musk

A post from Tesla CEO Elon Musk on Twitter drew attention to the previously almost unknown Santa Floki token – its rate rose 6,000%. Santa Floki (HOHOHO) is the next dog token on the Binance Smart Chain, but it does have some quirks. According to the project’s White Paper, token holders receive 4% of HOHOHO transaction fees. At the moment, the total amount distributed among token holders is 304,800 BUSD. Elon Musk did not describe…