US lawmakers urge top crypto ATM operators to tackle fraud

Malaysia’s finance ministry says both domestic and global adoption rates of cryptocurrencies are low, notwithstanding the significant attention the disruptive sector has garnered.In its Economic Outlook 2020 report released today, the ministry nonetheless noted that several prominent firms in key economic sectors had taken steps toward digital currency adoption, according to a business news report…

Swiss blockchain investment firm CV VC and PwC released a report covering top global firms focused on implementing blockchain in art. 1426 Total views 15 Total shares Big Four auditor PwC and Swiss blockchain investment firm CV VC have released a preview for its new periodical report devoted to the blockchain in various industries.Published on…

The Defrost team will conduct a scan of on-chain data to find out who owned what prior to the attack. 95 Total views 4 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as NFTAfter recovering the funds lost in a recent flash loan exploit, decentralized leverage-trading platform Defrost Finance is planning to return the…

Coinbase, a leading U.S. cryptocurrency exchange, shared its 2Q results on August 3. Despite showing a net loss, some positives emerged, like a 13% cut in operating expenses from the last quarter and a 3% boost in its cash reserves to $5.5 billion. Coinbase key financial metrics, USD million. Source: CoinbaseHowever, the exchange took a hit…

Learning the principles of finance is essential for managing personal and business finances, making informed investment decisions and understanding the economy. Here are five basic principles of finance that you should know.Time value of moneyThis principle suggests that a dollar received today is worth more than a dollar received in the future due to the potential…

The International Monetary Fund (IMF) has warned the Republic of the Marshall Islands (RMI) about the risks of adopting a cryptocurrency as a second legal tender, according to an official press release published on September 10.In the report, the U.S.-based agency backed by the United Nations addresses the government of the Republic of the Marshall…

Telegram bots have been increasingly emerging as a new tool to get exposure to cryptocurrency markets and a number of related services.The cumulative crypto trading volume associated with Telegram bots exceeded $190 million as of early August 2023, according to a new report by Binance’s research arm Binance Research.Crypto activity facilitated through Telegram bots has…

The recent Tether burn seems to have involved a lot of trust between Binance and its counterparties. On August 20, a Tether swap worth $1 billion happened — it involved Binance, Bitfinex, and a major fire dumpster on TRON (TRX) blockchain.  Tether flows. Source: Flipside Crypto.From time to time, the news of Tether burning some…

Peter Brandt didn't mince his words when describing the controversial stablecoin. "Tether is an accident waiting to happen," Brandt tweeted on Aug. 10, in response to a separate post looking at USDT's market cap and the total crypto industry's market cap in line with overall digital asset volume. "Tether is just another fiat currency," he…