Investment fraud soars to nearly £1bn as criminals increasingly exploit social media October 17, 2022 Almost £900m has been lost to investment fraud in the past year, as police warn about the rise in the use of social media for bogus schemes. The lure of so-called ‘get rich quick’ initiatives have become “rife” during the cost of living crisis, as millions look for fix to their finanical woes. In a [...]
Blockchain.com lays off a quarter of staff as fallout from crypto crash worsens July 21, 2022 Blockchain.com cut 25 per cent of its workforce, about 150 people, as the impact of the “crypto winter” and the Three Arrows Capital collapse worsens. The crypto exchange blamed the sharp crash in the crypto market and high financial losses for the decision, according to CoinDesk. Blockchain.com will lose $270m from a loan to bankrupt [...]
Crypto AM Friday with Jason Deane August 13, 2021 Crypto at a Glance with Jason Deane While lawmakers in the US continue to wrangle over details of the Infrastructure Bill containing the crypto legislation, China kicks out the last of the Bitcoin miners and almost all nations continue to print money at an unprecedented rate, Bitcoin just keeps quietly building and expanding in the [...]
Crypto crash: Sharp falls will increase calls for regulation, say analysts May 15, 2022 BITCOIN remained some 30 per cent down on the year last night as the crypto crash which saw a host of ‘coins’ drop significantly in value at the back end of the week showed no signs of an immediate halt. The ethereum coin was trading around $2,000 over the weekend, having hit as high as [...]
Crypto markets reach highest level since May as US tax legislation looms August 9, 2021 Crypto at a Glance The cryptocurrency market yesterday rallied to its highest level since 19 May, hitting a total market cap of more than $1.85 trillion as both Bitcoin and Ethereum made gains. Sentiment has also flipped to greedy for the first time since May, according to the Fear & Greed Index, while the Twitter [...]
Bank of India’s deputy governor is acting like King Canute February 17, 2022 Standing on the sidelines on the issue of cryptocurrencies is an unsettling approach for a senior central banker to take, says Nigel Green.
It’s time to think global on regulating crypto June 18, 2023 For crypto regulation to be taken seriously, we can’t just transplant the rules of the old system onto a new one, says Temple Melville.
Bitcoin Retests $10,000 Mark as Trading Volumes Keep Rising June 9, 2020 This week the price of Bitcoin (BTC) once again moved up to test a rally above the $10,000 mark, hitting a high close to $10,200 before dropping back to $9,500. The cryptocurrency has since been trading within this range, as trading volumes keep growing. Ether (ETH), the second-largest cryptocurrency by market capitalization, saw a similar [...]
South African police investigate missing brothers’ crypto platform January 11, 2022 South African police are investigating investors' claims to have been scammed by Africrypt, a crypto platform run by two missing brothers.
The climate dilemma haunting crypto: Securing a sustainable future for decentralised finance August 19, 2022 David E Rutter - founder and Chief Executive of R3 - urges the crypto industry to get its climate house in order.