Crypto losses from hacks and scams soared by 113% in Q2 2024 to reach $572M

A new study from Hong Kong regulators is expected to present initial thoughts and findings on CBDCs during the summer of 2022. 345 Total views 20 Total shares The Hong Kong Monetary Authority (HKMA) has today released an official whitepaper exploring the potential of a retail-focused central bank digital currency (CBDC), the digital Hong Kong…

The second-largest cryptocurrency by market capitalization peaked north of $2,350 on Sunday, its highest reading since June 18. Bitcoin price stability and anticipation of major protocol upgrades are fueling investors’ appetite for ETH. 255 Total views 1 Total shares Ether’s (ETH) $230 million options expiry on Friday appears to have shifted market sentiment in favor…

As the crypto winter rages on, new data from BlockFi reveals that women investors are still bullish on crypto, with 22% intending to buy in the next 12 months. 180 Total views 20 Total shares The crypto market downturn is proving a difficult storm to weather for both investors and businesses alike in the industry.…

The issuance became the second major operations of the bank with the new class of assets. 652 Total views 16 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as NFTRussia’s largest bank Sber — formerly known as Sberbank — reported the first issue of gold-backed digital financial assets (DFAs). The bank considers DFAs to…

Mike Novogratz claims that many people bought Bitcoin after the last round of federal stimulus checks, and thinks they're likely to again. 2935 Total views 15 Total shares Amid a long battle over whether or not United States citizens will get their $2,000 stimulus checks to help them to weather the economic repercussions of the…

Binance is taking more measures to comply with China’s cryptocurrency crackdown with new restrictions in the mainland. 490 Total views 29 Total shares Binance crypto exchange officially announced on Wednesday that the company will delist the Chinese yuan (CNY) from its peer-to-peer trading platform on Dec. 31.Alongside terminating yuan trading pairs, Binance will continue further…

Bitcoin (BTC) and several altcoins have bounced off their immediate support levels after buyers attempted to arrest the current decline. Bloomberg Senior Commodity Strategist Mike McGlone highlighted in a recent Tweet that Bitcoin was trading roughly 20% below its 50-week moving average and such discounted levels have “often resulted in good price support.”The bearish price…