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Tag: finance

Posted on 05/06/2022

Crypto has crashed – can it bounce back?

Plummeting prices and lost life savings confirmed for many that the blockchain dream was too good to be true – and it may now struggle to hit past highs ... ( read original story ...)

Posted on 05/06/2022

Americans Have Lost $1 Billion to Crypto Scams Since Last Year, Feds Say

The uptick in scammery is so bad that about one in four dollars stolen via fraud is now being reported stolen using crypto, according to the FTC. ( read original story ...)

Posted on 05/06/2022

Americans Have Lost Over $1 Billion to Crypto Scams. This Week’s Top Bitcoin and Crypto News

Consumers have lost over $1 billion to cryptocurrency scams since 2021 began, FTC says. Since the start of 2021, more than 46,000 Americans have collectively lost over $1 billion ... ( read original story ...)

Posted on 05/06/2022

Lawmaker who wrote New York crypto mining bill explains: ‘It’s not a ban’

Assemblymember Anna Kelles speaks to CNBC about her New York mining moratorium bill. "It's important to understand that it's not a ban," she said. But critics say it singles out a particular use of ... ( read original story ...)

Posted on 05/06/2022

Search Continues for Source of TerraUSD Crypto Bank Run

In decentralized finance, it isn’t easy to understand who provides money for loans, where the money flows or how easy it is to trigger currency meltdowns. ( read original story ...)

Posted on 04/06/2022

More than 46,000 people have lost more than $1 billion to crypto scams since 2021, says FTC

More than 46,000 people say they lost over $1 billion in crypto to scams since the start of 2021, according to a report released by the Federal Trade Commission on Friday. Losses last year were nearly ... ( read original story ...)

Posted on 04/06/2022

Crypto Giant Begins Rescinding Offers Amid Hiring Freeze as Market Continues to Tumble

Popular crypto exchange platform Coinbase has not been immune to this, announcing two weeks ago that the company would begin slowing down its hiring process due to volatile conditions in the market. ( read original story ...)

Posted on 04/06/2022

FTC says victims of crypto scams have lost more than $1 billion since 2021

The world of crypto continues to draw scam artists and fraud. People have reported losing a combined total of over $1 billion due to crypto scams since the beginning of 2021, according to an FTC ... ( read original story ...)

Posted on 04/06/2022

Univest Securities, LLC Announces Closing of $25 Million IPO for its Client Zhong Yang Financial Group Limited (Nasdaq: TOP)

Univest Securities, LLC (“Univest”), a member of FINRA and SIPC, and a full-service investment bank and securities broker-dealer firm based in New York, today announced the closing of the initial ... ( read original story ...)

Posted on 04/06/2022

Regulating crypto assets would protect ‘the rest of us’: Fed’s Waller

Better regulation of the fast-growing world of crypto assets is needed not to keep rich people from losing money but for the sake of everyone else, Federal Reserve Governor Christopher Waller said on ... ( read original story ...)

Posted on 04/06/2022

Crypto scams are on the rise, draining more than $1 billion in last year

Americans have lost more than $1 billion to cryptocurrency scams since the start of last year, as criminals exploit rising popular interest in scoring quick digital riches, according to a new analysis ... ( read original story ...)

Posted on 04/06/2022

The Lummis-Gillibrand bill draft promises crypto tax wins

An early version of the bipartisan crypto regulation bill revealed that the senators appear to be listening to the industry’s main tax complaints. ( read original story ...)

Posted on 04/06/2022

A Moratorium on Crypto Mining in New York Could Lead To Environmental Wins Nationwide

On June 3, the New York Senate passed the U.S.’s first statewide moratorium on cryptocurrency mining, aimed at energy-intensive operations that use fossil fuels for power. The measure, which still ... ( read original story ...)

Posted on 04/06/2022

As the downturn hits crypto, a key startup investment source may slow

While the 2021 venture cycle was still booming, every startup sector felt hot. Every geography set records. Founders ruled supreme, venture capitalists lined up to pay steep prices for startup shares, ... ( read original story ...)

Posted on 04/06/2022

Crypto Investors Are Dumping Ethereum For Bitcoin As Risk Aversion Deepens

The ether-bitcoin ratio has breached the 1.5-year bullish trendline, indicating continued risk aversion in the crypto market. ( read original story ...)

Posted on 04/06/2022

Japan’s New Law Says Stablecoins Can Only Be Issued By Registered Financiers

It comes as holders of failed stablecoin ventures are still picking up the pieces from the most recent crypto crash. ( read original story ...)

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