YouTube channels hacked and rebranded for live-streaming crypto scams

YouTube channels hacked and rebranded for live-streaming crypto scams

A new report shared by Google’s Threat Analysis Group (TAG) highlights an ongoing phishing campaign against YouTube creators, typically resulting in the compromise and sale of channels for broadcasting cryptocurrency scams.The TAG attributes the attacks to a group of hackers recruited in a Russian-speaking forum, who hack the creator’s channel by offering fake collaboration opportunities. … Read more

Stablecoin Adoption Will Mark The Success of the Crypto Industry

Stablecoin Adoption Will Mark The Success of the Crypto Industry

What is the best thing the cryptocurrency ecosystem could do to ensure its global success? Boost the dominance of stablecoins. Anyone who disagrees is free to debate with Emin Gün Sirer, CEO of Ava Labs, the company behind the succesful Avalanche protocol, who explained to Business Insider that stability must reign in the world of … Read more

BNY Mellon calls for Irish crypto rules

BNY Mellon calls for Irish crypto rules

BNY Mellon urged the Department of Finance to introduce regulations for crypto assets while new EU rules are being developed. he American bank recently set up a base for digital asset custodian services in Dublin for institutional clients investing into crypto assets. BNY Mellon met Minister of State Seán Fleming in May to make the case … Read more

Thai Prime Minister Cautions Investors Getting Into Crypto as Interest in Digital Assets Soars – Regulation Bitcoin News

Thai Prime Minister Cautions Investors Getting Into Crypto as Interest in Digital Assets Soars

The prime minister of Thailand has cautioned investors getting into cryptocurrencies, noting that they are volatile and highly speculative. Recently, interest in cryptocurrencies has soared as young investors in the country discovered that they could make money quickly by investing in cryptocurrencies. Thai Prime Minister Warns About Crypto Investing Ratchada Thanadirek, deputy spokeswoman for the … Read more

Over Half of Americans Aged 60 and Up ‘Don’t Know Anything’ About Crypto

Over Half of Americans Aged 60 and Up 'Don't Know Anything' About Crypto

The technology surrounding cryptocurrencies can be downright overwhelming — so much so that people don’t know where to start their crypto journeys. Lack of knowledge is one of the top two reasons people pass on purchasing digital dollars. In fact, research shows that the cognitive cloudiness for crypto increases with age.Bakkt — an asset platform … Read more

Nithin Kamath explains why Zerodha doesn’t offer crypto, digital gold, US stocks

Nithin Kamath, founder and chief executive officer of Zerodha Group

Online broking firm Zerodha’s co-founder Nithin Kamath on Saturday explained why his platform does not offer cryptocurrencies, US stocks, digital gold or unlisted private companies.  Taking to Twitter, Kamath said that unregulated items in stock market are not the best way to buy. “When you are regulated, everything is normally black & white. People keep … Read more

How a single-strategy crypto algorithm turned $100 into $36,205 in 10 months

How a single-strategy crypto algorithm turned $100 into $36,205 in 10 months

Before we get into the nitty gritty of how one simple rule created the kind of insane return on investment noted in the headline, let’s be clear on one thing.You can’t copy this.Actually, no human can. Even a trading bot couldn’t replicate this particular strategy in real life, because it’s a thought experiment, a proof … Read more

Beginner’s Guide: How to Hedge Your Crypto Portfolio

Beginner's Guide: How to Hedge Your Crypto Portfolio

Key Takeaways Cryptocurrencies are volatile, which presents risks when investing. Employing hedging strategies can minimize the risk of investing in crypto. Earning yield, allocating to larger projects, and storing assets safely can reduce the risks associated with crypto investing. Share this article Crypto investors can employ a number of strategies to minimize the risks associated … Read more

The founder of DeFi network avalanche says success for crypto will be bitcoin losing its crown to a stablecoin | Currency News | Financial and Business News

Bitcoin crushed by US dollar

Bitcoin crushed by US dollar urfinguss “We are not anywhere near done until the number one coin is a stablecoin,” Emin Gün Sirer, CEO of Ava Labs, told Insider. Stablecoins have an advantage because they can be tied to assets like the dollar, which makes them less volatile. But stablecoins face questions from regulators about … Read more

Should you buy a bitcoin-futures ETF versus actual bitcoin or crypto stocks? Experts weigh in on the advantages of each. | Currency News | Financial and Business News

A gold Bitcoin seen on display with a stock market graph in the background

Bitcoin has pushed to an all-time high above $66,000. Rafael Henrique/SOPA Images/LightRocket via Getty Images Bitcoin futures ETFs burst onto the scene this week, marking a new milestone for the crypto market. Insider talked to market experts about how the new ETFs compare to owning actual bitcoin. ProShares and Valkyrie launched their ETFs this week, … Read more

Solana Moves Into 6th Largest Crypto Market Cap Position — SOL Valuation Targets Cardano’s Rank – Bitcoin News

Solana Moves Into 6th Largest Crypto Market Cap Position — SOL Valuation Targets Cardano's Rank

The crypto asset solana has managed to capture more than 12% in gains during the last 24 hours and has recently positioned itself as the sixth-largest cryptocurrency market capitalization. The crypto asset’s overall market cap is around $62.2 billion, only 11% away from surpassing cardano’s market valuation at $69 million. Solana Takes the 6th Spot, … Read more

Pakistan Government Not Against Crypto Investments, High Court Calls for Regulations – Regulation Bitcoin News

Pakistan Government Not Against Crypto Investments, High Court Calls for Regulations

The executive power will not oppose cryptocurrency investments, a high-ranking government official has told lawmakers in Pakistan. The statement comes as a regional high court has urged the federal government to regulate cryptocurrencies and formed a committee to look into the matter in the coming months. Minister Says Pakistan Government Has No Objection to Investments … Read more

ING says blockchain, crypto presents Blockbuster moment for banks – Ledger Insights

ing

During a panel of incumbent financial institutions at Digital Assets Week, the moderator asked whether they see the biggest cryptocurrency exchange Binance as a threat. Hervé Francois, Digital Assets lead at ING, responded, “It reminds me of when we asked a similar question to the CEO of Blockbuster regarding Netflix. At that time, he said they’re … Read more

Five Altcoins Set To Surge As Crypto Markets Heat Up, According to Popular Crypto Trader

Five Altcoins Set To Surge As Crypto Markets Heat Up, According to Popular Crypto Trader

A widely followed crypto analyst is bullish on five altcoins following Bitcoin’s (BTC) big push to fresh all-time highs. The pseudonymous trader known as Credible Crypto tells his 251,200 Twitter followers that whales appear to be accumulating Convex Finance, whose CVX token powers the Curve Finance decentralized exchange (DEX).   “Another million-dollar purchase of CVX … Read more

Trump regulator gave quiet legal blessing to crypto trading by banks

Trump regulator gave quiet legal blessing to crypto trading by banks

A formal move to green-light crypto trading by banks would probably be met with resistance by advocates of tough financial rules. The value of cryptoassets can shift dramatically — Bitcoin is up about 400 percent from last year — making it potentially risky for both banks and depositors to trade in them. Michael Hsu, the … Read more

US crypto framework begins to evolve: A Special Report update

US crypto framework begins to evolve: A Special Report update

The company and law firm names shown above are generated automatically based on the text of the article. We are improving this feature as we continue to test and develop in beta. We welcome feedback, which you can provide using the feedback tab on the right of the page.In June, the Thomson Reuters Institute and … Read more

Mark Cuban compares the crypto boom to the dot-com bubble, defends Robinhood, and calls for stablecoin regulation in a new interview. Here are the 10 best quotes. | Currency News | Financial and Business News

mark cuban

Mark Cuban. Steve Jennings/Getty Images Mark Cuban praised cryptocurrencies and Robinhood for encouraging young people to invest. The “Shark Tank” star compared bitcoin to gold, and called for stablecoins to be regulated. The billionaire advised parents to join TikTok and YouTube to understand how children learn today. Mark Cuban praised cryptocurrencies for enticing young people … Read more

A Startup Paid a Facebook Designer $50,000 to Start a Crypto Company

A Startup Paid a Facebook Designer $50,000 to Start a Crypto Company

Party Round has announced a Facebook product designer as the winner of its BigTech Fellowship. Lauren Connolly is a single mom who has worked in Big Tech for over a decade. Her idea is to build a crypto-focused financial literacy platform. Lauren Connolly just won $50,000, so she quit her job at Facebook.For the past … Read more

America is the big winner of China’s crypto crackdown

America is the big winner of China’s crypto crackdown

Oct 22nd 2021CHINA WAS once king of the crypto mines. In September 2019 it accounted for three-quarters of the world’s bitcoin mining activity. Rural provinces were dotted with bitcoin mines that specialised in solving cryptographic puzzles in order to validate transactions made with the cryptocurrency. But in May 2021 the Chinese government, sensing a threat … Read more

Crypto Use Is Taking Root in Emerging Markets

Crypto Use Is Taking Root in Emerging Markets

A cellphone accessories shop that accepts Bitcoin in San Salvador, El Salvador. Camilo Freedman/Bloomberg Text size A Chinese family pays U.S. private school tuition in Bitcoin. A Kenyan working in Germany sends a remittance home, avoiding a fat commission. Cambodian villagers buy market supplies via QR code instead of stacks of cash. While U.S. investors … Read more

Crypto scammers target iPhone users via dating apps, report says

Crypto scammers target iPhone users via dating apps, report says

The attackers post fake profiles on legitimate dating sites. They connect with their targets through these sites and convince them to continue the conversation on a messaging platform. An international cryptocurrency trading scam is targeting iPhone users through popular dating apps, such as Bumble and Tinder, cybersecurity firm Sophos said.(Sign up to our Technology newsletter, … Read more

Regulatory Approach Good for Crypto Industry

Regulatory Approach Good for Crypto Industry

Cryptocurrencies face an uncertain and perhaps even tenuous evolution in commercial transactions. Crypto payments, done in the service of B2B, will have a clearer path toward their full potential only when and if corporates and FinTechs give voice to what they want to see from regulators, rather than just waiting for regulators to tell them … Read more

CrossTower offers Indian users ₹5,000 credit for learning crypto trading

CrossTower is offering free credit of ₹5,000 to each Indian user

NEW DELHI: Crypto-asset investment and trading CrossTower is offering free credit of ₹5,000 to each Indian user’s wallet for trading in cryptocurrency on its platform. CrossTower has launched this feature to allow Indian users to learn crypto trading without investing their own. Users will be able to claim the ₹5,000 credit after completing the Know … Read more

NBA Enters Into Multi-Year Deal With American Crypto Exchange Platform Coinbase

NBA Enters Into Multi-Year Deal With American Crypto Exchange Platform Coinbase

The US National Basketball Association (NBA) has signed a multi-year deal with American crypto exchange Coinbase. The deal comes as the NBA is gearing up to host its 75th anniversary season. The exchange will also mark its presence in the WNBA Commissioner’s Cup, NBA G League Ignite as well as the USA Basketball men’s and … Read more

How Vietnam Is Fueling The Crypto Game Boom

How Vietnam Is Fueling The Crypto Game Boom

Vietnam is the home to Axie Infinity, the biggest crypto game that has gained massive popularity across Southeast Asia. As a result of its explosive growth, the demand for blockchain games in Vietnam, the Philippines, and Thailand is rapidly increasing. Cityscape of Ho Chin Minh Skyline. Ho Chi Minh City (Saigon). Vietnam. (Photo by: Godong/Universal … Read more

crypto exchanges: Indians hike crypto holdings as market soars

crypto exchanges: Indians hike crypto holdings as market soars

Top Indian Bitcoin exchanges are recording an over 100% increase in trading volumes in the last few days even as the value of the digital currency continued to soar with a single Bitcoin trading over the $66,000 mark on Thursday, buoyed by US regulatory permission for an investment vehicle allowing trade in Bitcoin futures granted … Read more

Is Social Trading the Key to Faster Crypto Adoption?

Is Social Trading the Key to Faster Crypto Adoption?

Why is Crypto Social Trading Important? Unfortunately, most newbie traders often lose money due to a lack of basic technical analytics skills and a tendency to fall for market speculation. Social trading helps these inexperienced investors reduce the risks inherent in the capricious crypto market by offering them access to expert traders’ winning tactics. Crypto … Read more

Robinhood CEO Vlad Tenev says crypto wallet waitlist tops 1 million customers

Robinhood CEO Vlad Tenev says crypto wallet waitlist tops 1 million customers

The waitlist for Robinhood’s recently announced crypto wallet now has more than one million customers, the company’s CEO said Thursday, demonstrating cryptocurrencies’ increasing importance to the trading app.”We’re very proud of our cryptocurrency platform and giving people more utility with the coins they have,” Robinhood CEO Vlad Tenev said during CNBC’s Disruptor 50 summit on … Read more

We need smart regulation to unlock the true potential of crypto assets

REUTERS

Regulation of crypto assets such as bitcoin and ethereum is a hot topic globally. Countries are in various stages of banning, un-banning, re-banning and regulating crypto assets. We may take some cues from other countries, but what we need is smart regulation that’s made in India. To understand why, let’s take one oft touted benefit … Read more

A New HyperDeflationary Token Ready To Revolutionize The Crypto Industry With Its Unique Token Burn Rules

A New HyperDeflationary Token Ready To Revolutionize The Crypto Industry With Its Unique Token Burn Rules

Kingston upon Thames, United Kingdom–(Newsfile Corp. – October 21, 2021) – Burn-X is the latest in a long series of innovative HyperDeflationary tokens intended to excite investors with their unique characteristics. Burn-X is the next revolutionary HyperDeflationary token in the crypto market. Thanks to its lucrative smart contracts and high liquidity, it is presently the … Read more

Sam Altman’s Worldcoin wants to scan eyeballs in exchange for crypto – TechCrunch

Sam Altman’s Worldcoin wants to scan eyeballs in exchange for crypto – TechCrunch

As investors race to capitalize on surging interest in cryptocurrencies, startups are getting creative in how they onboard a generation of crypto users to their first wallets. Worldcoin is perhaps one of the most audacious efforts to bribe the world to embrace their currency. The startup, founded by OpenAI CEO Sam Altman and Alex Blania, … Read more

Bitcoin briefly crashed 87% to about $8,000 on Binance’s US crypto trading platform | Currency News | Financial and Business News

Bitcoin

Bitcoin. Nurphoto Bitcoin plummeted to $8,200 on Binance’s US platform, Coin Telegraph first reported. The brief decline in the cryptocurrency was an 87% fall from $65,815. Binance’s CEO tweeted “expect very high volatility in #crypto over the next few months.” Bitcoin briefly plummeted to about $8,000 on Thursday – but only on the Binance US … Read more

Mobius warns ‘crypto could really blow up’: central banks should pay attention

Mobius warns ‘crypto could really blow up’: central banks should pay attention

Mark Mobius, the veteran emerging markets investor, warned of a potential cryptocurrency collapse that would be felt across global stock markets. “Cryptocurrency is something that could really blow up. If bitcoin crashes, it will probably affect stock markets across the world, although temporarily,” Mobius, one of the world’s most renowned investors, told Financial News. The price of bitcoin … Read more

Alpha Impact launches platform to connect beginners with top crypto traders

Alpha Impact launches platform to connect beginners with top crypto traders

New Delhi: Social trading platform Alpha Impact today launched its copy trading platform which allows cryptocurrency investors to copy bets made by top performing traders. Apart from copying the trades of seasoned investors, newbie investors can also access latest news from crypto experts and learn the art of crypto investing through masterclasses and guides. In … Read more

Real Estate Platform Pacaso Accepts Crypto Assets for Payments, CEO Says ‘Mass Crypto Adoption Well Underway’ – Bitcoin News

Real Estate Platform Pacaso Accepts Crypto Assets for Payments, CEO Says 'Mass Crypto Adoption Well Underway'

On October 20, the day bitcoin smashed a new all-time price high, the real estate platform Pacaso announced it will be accepting cryptocurrencies via Bitpay. The CEO of the real estate firm that helps people buy and co-own a second home, Austin Allison, says the firm has seen increased crypto adoption “across the real estate … Read more

Crypto Beginners And Ace Crypto-Traders Can Now Connect On Alpha Impact Platform

Crypto Beginners And Ace Crypto-Traders Can Now Connect On Alpha Impact Platform

In a bid to mitigate risks associated with trading the volatile cryptocurrencies market, AlphaImpact on Thursday launched its copy-trading platform, which allows community members to connect with top-performing traders to copy their trades. Apart from copying the trades of seasoned traders, community members, especially beginners, can also access the latest news from crypto experts, and learn … Read more

Crypto glossary | Financial Times

Crypto glossary | Financial Times

Alt or alternative coins: Any cryptocurrency other than the original cryptocurrency, Bitcoin, is known as an alt-coin. Alt-coins range from relatively well-established and popular coins like Ether through to joke currencies like dogecoin. The term is also sometimes applied to stablecoins or to tokens that represent a stake of ownership, such as a security token.Automated … Read more

Crypto Venture Firm A&T Aims to Raise $100 Million This Year

Crypto Venture Firm A&T Aims to Raise $100 Million This Year

(Bloomberg) — A&T Capital has closed the first round of fundraising at $70 million from investors including fintech companies and partners of traditional venture capital firms, the crypto-focused venture fund said in a statement, without disclosing the names of its backers.Since its founding this April, A&T has deployed over $11 million in 15 projects, including … Read more

Formula E’s Move To Crypto Is The Antithesis Of The Series

Formula E's Move To Crypto Is The Antithesis Of The Series

Image: Andretti AutosportOn Oct. 20, Andretti Autosport announced its next sponsor for the upcoming Formula E season: Avalanche, a cryptocurrency blockchain platform designed to capitalize on the latest fad in digital currency. And it goes against every eco-friendly ethos that Formula E has claimed to be built upon.If you’re not familiar with crypto — or … Read more

Republican SEC Commissioner Criticizes Agency’s Approach to Crypto

Republican SEC Commissioner Criticizes Agency’s Approach to Crypto

WASHINGTON—A Republican member of the Securities and Exchange Commission criticized the agency’s approach to regulating the cryptocurrency industry, which Chairman Gary Gensler, a Democrat, has likened to the Wild West. Hester Peirce, one of two Republicans on the five-member commission, said Wednesday that the agency should be making more of an effort to work with … Read more

Tax ‘nudge’ letters to be sent to crypto investors

Tax ‘nudge’ letters to be sent to crypto investors

HM Revenue & Customs plans to send crypto investors nudge letters warning them to check they have the paid the right tax.News of the letters, which have yet to be issued, was released by CryptoUK, a trade association, on Wednesday, accountants reported.HMRC told CryptoUK it was taking an “educational approach” in issuing the letters. It … Read more

What techno-anarchists of the crypto world got totally wrong

Photo: AFP

The techno-anarchist pioneers of cryptocurrencies believed they were creating a new form of unregulated, decentralized money. They couldn’t have been more wrong. While Bitcoin and Ethereum did succeed in spawning a highly speculative alternative asset class that has come to enjoy wider use and popularity, the innovation that is really set to challenge fiat cash … Read more

Crypto Miner Stronghold Digital Soars in Trading Debut

Crypto Miner Stronghold Digital Soars in Trading Debut

Stronghold Digital, the bitcoin mining company that converts coal waste into power for its operations, surged in its first day of trading on Wednesday after raising $127 million in its IPO.The Pennsylvania-based miner’s IPO was upsized to $19 per share, after previously pricing its IPO at the range of $16 to $18 each. The shares … Read more

VCs like Galaxy Digital nearly doubled their bets on crypto gaming this month

VCs like Galaxy Digital nearly doubled their bets on crypto gaming this month

A visitor takes a photo in front of digital work “Untitled (Self-Portrait)” by Andy Warhol and digital artist Mike Winkelmann, known as Beeple, at the Digital Art Fair, in Hong Kong, China September 30, 2021. REUTERS/Tyrone SiuSince NBA Top Shots and artist Beeple’s digital collage that sold from Christie’s for $69 million this year, the … Read more