Poloniex’s $120M Heist: Justin Sun Vows Action In Crypto Hack Fallout
Tron (CRYPTO: TRON) founder Justin Sun’s promoted crypto exchange Poloniex has reportedly experienced a security breach in one of its wallets, identified as ‘Poloniex 4’ on Etherscan, leading to a loss of over $120 million. This incident has raised concerns…
Brace yourselves for the Bitcoin FOMO rush
By Darren Parkin There’s a new alpha in town, and it goes by the name of Bitcoin. While much of the financial world, quite rightly, remains preoccupied with the well-known, established narratives, some investors have been quietly riding the wave…
Dollar headed for best week against yen in three months; cryptos leap
By Rae Wee SINGAPORE (Reuters) -The dollar was on track for its best week against the yen in three months on Friday, after Federal Reserve Chair Jerome Powell and a chorus of Fed officials poured cold water on market expectations…
Lloyds tells Big Tech to do more to tackle surge in crypto scams
By Lars Mucklejohn Lloyds Bank has issued an “urgent warning†to customers over a surge in cryptocurrency scams and called on Big Tech companies like Meta to take more responsibility for preventing fraud on social media. Data published by Lloyds…
Crypto Compliance: What’s The Impact of Regulation?
Regulators have been slow to introduce legislation around crypto assets for over a decade due to the cryptocurrencies being built on decentralized technology — but this is changing. Cryptocurrency compliance is an extremely critical part of the sector and many…
Bitcoin almost breaks $38k before settling around $36,600 ahead of weekend trading
Published by City AM By Crypto AM Daily with James Bowater | Crypto Insider Bitcoin posted a yearly high of $37,942 yesterday before settling around $36,600, where it’s still trading this morning. Ethereum has surged 9% overnight and is trading…
Robinhood’s Plunge Of 55% In Crypto Trading Revenue Is No Barrier To Launch Its EU Crypto Trading
Robinhood’s (NASDAQ: HOOD) third-quarter transaction-based revenues on cryptocurrencies indicated a significant plunge (55% year-over-year and 26% quarter-over-quarter) compared to the softer drop of 13% in transaction revenues for equities. Industry titans BlackRock, DTCC, OCC, State Street, Société Générale, Hedera, Citi,…
Cathie Wood’s Ark Invest Purchases $9.5M Worth Of Robinhood Shares, Downsizes Holdings Of Grayscale Bitcoin Investment Trust
On Wednesday, in a significant move, Cathie Wood-led Ark Invest purchased over $9.5 million worth of shares in Robinhood Markets Inc (NASDAQ:HOOD), signaling a bullish stance on the brokerage firm despite its mixed third-quarter earnings report. The Robinhood Trade Ark…
Bitcoin flirting with $37,000 as crypto markets turn green
By Crypto AM Daily with James Bowater | Crypto Insider The cryptocurrency markets have rallied this morning, with Bitcoin up more than 4% over 24 hours, now trading around $36,760. The flagship crypto even briefly kissed $37,000 shortly after 10am,…
US lawmakers propose a ban on Chinese blockchain transactions!
The post US lawmakers propose a ban on Chinese blockchain transactions! appeared first on Coinpedia Fintech News U.S. Representatives Zach Nunn and Abigail Spanberger have introduced the Creating Legal Accountability for Rogue Innovators and Technology (CLARITY) Act, which aims to…