The UK Financial Conduct Authority (FCA) has published final rules prohibiting the sale of cryptocurrency derivatives to retail investors. These products are not suitable for retail investors due to the harm they cause, according to a statement on the UK regulator’s website. FCA believes that these products cannot be judged correctly by retail consumers for the following reasons: Inherent properties of underlying assets that do not allow them to be reliably measured The prevalence of

A Cambridge University report on enterprise blockchains found that 43% of projects in production are carried out in financial companies. The University of Cambridge published the results of the second enterprise blockchain comparative study, which collected data from surveys of more than 200 enterprises, startups, central banks and other public sector institutions in 59 countries from July 2018 to June 2019. One of the sections of the survey was devoted to corporate projects on the

One of the users of the fraudulent project UniCats lost $ 140,000 in UNI tokens invested in it for farming. The UniCats developers have implemented a defect in the smart contract to control tokens even after their withdrawal. This was announced by Alex Manuskin, a researcher from the ZenGo cryptocurrency wallet team. To start using the UniCats platform, the user is required to have permission to spend an unlimited number of tokens. Considering that many

You can buy bitcoin and altcoins through exchangers, on exchanges and from other people, these are the most popular options. We talk about each of them and about the risks that can lead to the loss of all money You can buy cryptocurrency in different ways. Exchanges, exchangers and other services are suitable for these purposes. But the market is changing, new opportunities appear for working with digital assets, and the risky sides of the

Cryptocurrency exchange Coinbase will provide UK tax authorities with data on its customers who have received over £ 5,000 worth of crypto assets over the past year. According to an email from Coinbase, the exchange will transfer its UK customer data to the UK’s Royal Revenue Service (HMRC). In this case, information will be transferred only about those customers who have purchased or deposited cryptoassets worth more than £ 5,000 (about $ 6,474) into their

Ethereum-based SingularityNET AI platform developers are discussing with IOHK the possibility of moving to the Cardano blockchain. SingularityNET allows you to create, host and monetize services using artificial intelligence, while being scalable. In recent months, the load on the Ethereum blockchain has increased dramatically, resulting in higher fees. Therefore, the platform developers are seriously considering moving to the Cardano network. Moreover, according to the creators of SingularityNET, they do not have much confidence in Ethereum

Ripple has created a tool called EW Zero that makes it easier for blockchain projects to use renewable energy sources. The XRP Ledger Foundation will be the first to use it. The EW Zero tool, developed in partnership with the non-profit Energy Web Foundation, will reduce the carbon footprint of any blockchain by purchasing renewable energy from local markets around the world. The XRP Ledger Foundation, the newly formed XRP cryptoasset developer fund, will be

Regulators and banks are skeptical about the idea of ​​self-regulation of the cryptocurrency industry in the fight against money laundering and the financing of illegal activities. The survey results, released on Tuesday by the UK’s Royal United Defense Research Institute (RUSI), showed that banks, governments and cryptocurrency CEOs have conflicting views on the self-regulation of the cryptocurrency industry. RUSI is the UK’s oldest think tank on defense and security issues. According to the survey, 63%

Ocean Protocol suspended an old smart contract on Ethereum and hardforked its blockchain to prevent KuCoin hackers from exchanging stolen OCEANs. On September 28 at 1:00 am ET, Ocean Protocol announced the suspension of the old smart contract and the transition to a new one in order to prevent hackers who hacked KuCoin from exchanging 21 million OCEAN tokens worth about $ 8.6 million. The Ocean Protocol team said: “At 16:00 GMT, a new contract

All Paxful users can now buy and sell USDT, add bank details and send bitcoins to their username. International P2P cryptocurrency platform Paxful today announced the launch of peer-to-peer transactions in Tether (USDT). Now all verified users can protect their funds from Bitcoin price fluctuations and trade the USDT stablecoin with the highest market capitalization. This feature has been successfully tested in Nigeria and several other regions: “To show our respect for one of our