TL;DR Breakdown • MicroStrategy lost 28% of its crypto stocks in May.• JPMorgan is confident of the cryptocurrencies rise, especially Bitcoin. This has not been the best month for crypto stocks. According to Saxo Bank, the most popular cryptocurrencies like Bitcoin and Ethereum have had the worst market performance in May. The Danish bank’s blockchain […]
TL;DR Breakdown United Kingdom’s most prominent bank lifts ban on payments. These payments were all related to crypto exchanges. According to the bank, the ban was for security purposes, as they suspected criminal activity. Starling Bank had won the prize for the most prominent and best bank in the entire United Kingdom for the year […]
TL;DR Breakdown • In 14 months, online scams have increased by 69%.• The most frequent online scams are Phishing, BEC, and cryptocurrency investments. The FBI reported that it recently received a new record in reports related to online scams and fraud in crypto investors. The federal office’s internet crime complaint center took over seven years […]
TL;DR Breakdown • HDFC Bank alerts on cryptocurrency restrictions by email.• SBI Cards and Payment services join the restrictions in the decentralized market. HDFC Bank has been warning its clients about cryptocurrency restrictions. In emails, HDFC Bank asks its customers about crypto transactions, and they advise against using them. HDFC Bank cites a circular created […]
TL;DR Breakdown • Lee Reiners calls for a ban on cryptocurrencies.• Colonial Pipeline ransomware left southwest Texas without gas for six days. The director of the Center for Global Financial Markets, Lee Reiners, says that removing the payment method preferred by hackers will prevent attacks. He said that cryptocurrencies should be banned to prevent ransomware […]
TL;DR Breakdown • The cryptocurrency risk does not involve central banks, according to Carney.• Central banks are creating their digital currencies. Mark Carney, former Governor of the Bank of England, said that there is limited cryptocurrency risk, so most investments are reasonably reliable. From a financial viewpoint, according to Carney, cryptocurrencies are not dangerous. However, […]
TL;DR Breakdown • Argentine government talks about cryptocurrencies’ risks amid hyperinflation.• Citizens of Argentina seek investment alternatives. Argentina, a country going through significant economic turmoil, is the latest to warn about cryptocurrencies risks. Due to the increased volatility and speculation of the cryptocurrency market, the Argentine government has chosen to speak about them. The warnings […]
There are many articles from concerned environmentalists about the dark side of NFTs, and their impact on the environment. All these views are primarily dependent on pushing what agenda and paying for the articles to be written.  We’ve recently seen Elon Musk’s standpoint on Bitcoin and Tesla. It’s similar to the argument of plastic straws vs […]
TL;DR Breakdown Crypto scammer may have more in BTC than ever known How Ruja Igntova came about so much BTC Onecoin crypto scam ring leader Ruja Ignatova, behind one of the largest crypto scams the industry has ever seen and still at large, is said to have 230,000 Bitcoin. Ruja Ignatova, also called crypto queen, […]
TL:DR Breakdown Bitcoin regulation will be debated in the coming weeks, according to Sheila Warren.  Hester Peirce recommends a strategy for crypto startups.  Coinbase’s listing spikes the bullish run of crypto assets.  Recently, the crypto world has seen a lot of incredible milestones and massive adoption. However, the stock market and other traditional financial startups […]