Elon Musk Impersonators Making Millions From Crypto Scams
Crypto scammers are now impersonating Elon Musk and other renowned crypto enthusiasts to defraud naïve crypto traders. Beginner crypto traders have lost millions of dollars from such scammers. The Federal Trade Commission of the United States has revealed details about crypto
Argentina Orders Crypto Exchanges To File Monthly Reports
Crypto users in Argentina are now under more scrutiny by authorities regarding crypto holdings. This comes as the country fights to protect its monetary value. Argentina is working towards enhancing its regulatory framework to gain more control of financial processes related
Binance and OKEx List SHIB After 2100% Gains
The Shiba Inu coin, also popularly known as the Dogecoin Killer, has registered a 2100% gain in three days. The crypto’s market cap increased to $13 Billion to become the 17th largest crypto globally. Crypto investors are shifting into SHIB after
Indonesia Planning To Tax Crypto Returns
Indonesia plans on introducing a new crypto law that will start taxing profits realized from crypto trades. However, the law is yet to be implemented. Indonesia is the largest economy in the Southeast Asia region. The country recently announced that plans
Fantom Partners with Tajikistan
Tajikistan’s Ministry of Industry of New Industries has signed an agreement with Fantom Foundation. The government wants to use blockchain based solutions to power its IT infrastructure. In the initial phase of the project Fantom will evaluate the Ministry’s flow
Citigroup Shifts to Crypto Amidst Growing Demand
Investment banks are now pursuing trading, finance and custody services related to cryptocurrency. It comes amidst growing retail and institutional demand for these assets. Citigroup is allegedly considering offering services related to crypto. Its target consumers are mainly asset managers and
Binance Coin Hits $100 Billion in 24 Hour Volume
Binance Coin is the third-largest cryptocurrency. It touched an all-time high market cap of $100 Billion. Binance Coin has been doing quite well in recent weeks. In this period, the token increased by 20% in value, when it reached a record
Tether Holdings Surpass Insured Deposits In Many U.S. Banks
Tether has reported more than $50 Billion in circulation. This is more than the insured deposits in most U.S. banks.Tether is a crypto stablecoin pegged to the U.S. Dollar. This is an excellent record for the token, given that it is
Visa Says Platform Embracing Crypto In ‘Very Big Way’
Ternio Blockcard Visa CEO has stated that one of the leading payment platforms is hugely shifting towards cryptocurrencies. He outlined 5 key areas that Visa can explore to achieve this. Visa, one of the leading payments giants, has embraced cryptocurrencies in
Turkish Regulators Force Crypto Exchanges To KYC
Turkey's crypto industry is facing new regulations expected to begin this month. Crypto exchanges will now have to monitor customer information more. The Turkish government is making new moves to ensure that crypto exchanges in the country step up to enforce