The financial market regulator of Luxembourg warned the public about the activities of a clone website impersonating crypto payments provider BitPay. Luxembourg’s financial regulator, the Commission de Surveillance du Secteur Financier (CSSF), has red-flagged the activities of a fraudulent clone website that is impersonating cryptocurrency payment services provider BitPay. On Sept. 18, the CSSF issued a […]
Continue Reading
Altcoins are on fire. Can this rally continue and is this a good time to buy? Let’s analyze the charts. The Chicago Board Options Exchange has withdrawn its application for the VanEck/SolidX Bitcoin (BTC) exchange-traded fund (ETF). However, VanEck’s director of digital asset strategies Gabor Gurbacs stated that they will continue to work with regulators […]
Continue Reading
Cryptocurrencies are not a competitor to gold, according to North America COO of Barrick Gold, Catherine Raw. Catherine Raw, the North America COO of the largest gold mining firm in the world, Barrick Gold, said that she does not think cryptocurrencies are competitive with gold, Fortune reported on Sept. 18. Raw made her remarks yesterday […]
Continue Reading
It was Bitcoin’s turn for inertia this week as altcoin investors delighted in a long-awaited market upturn. Bitcoin (BTC) was still staying close to $10,200 on Sept. 18 as the largest cryptocurrency left it to altcoins to produce investor gains. Market visualization. Source: Coin360 Another day, another Bitcoin pump delay Data from Coin360 showed BTC/USD […]
Continue Reading
New York financial watchdog approves three stablecoin offerings including BUSD, backed by Paxos and Binance. A sign of things to come? Over the course of the past few weeks, the global cryptocurrency community bore witness to two major announcements related to stablecoins — with the first being the launch of Paxos’s gold-backed Ethereum token, PAX […]
Continue Reading
Keith Mali Chung — co-founder and president of African blockchain firm Loopblock Network — has returned almost $80,000 worth of Bitcoin mistakenly sent to his wallet. Keith Mali Chung — the co-founder and president of African blockchain firm Loopblock Network — has returned almost $80,000 worth of Bitcoin (BTC) mistakenly sent to his wallet. Chung […]
Continue Reading
Cryptocurrencies can be spent in most stores, most Europeans falsely believe, according to a new ING Bank survey. Most Europeans believe cryptocurrencies can be spent in most stores, according to the results of a survey conducted by ING Bank and published on Sept. 18. Crypto can be spent in most stores? The survey, which has […]
Continue Reading
BTCC veteran Bobby Lee claims the Chinese have always thought of Bitcoin as an investment rather than a payment system. Bobby Lee — co-founder and former CEO of China’s first crypto exchange BTCC — says the Chinese have always thought of Bitcoin as an investment rather than a payment system. Lee made his remarks during […]
Continue Reading
Following FSA approval, Line launches its crypto exchange Bitmax, offering trading of 5 major cryptocurrencies. Japanese messaging giant Line launched its new crypto trading platform Bitmax on Sept. 17, Cointelegraph Japan reports. FSA approval received Following regulatory approval to operate a crypto exchange in early September, Line’s blockchain arm LVC Corporation officially introduced its newly […]
Continue Reading
German Finance Minister says that policymakers cannot accept “parallel currencies” like Facebook’s proposed Libra and must reject them clearly. German Finance Minister Olaf Scholz stated that policymakers cannot accept parallel currencies such as Facebook’s proposed Libra stablecoin. Prevent stablecoins from becoming alternative currencies As reported by Reuters, on Sept. 17, German Vice Chancellor and Finance […]
Continue Reading