Iran is set to redenominate its fiat currency, removing four zeros to create a new fiat called toman as demand for crypto is surging. Ravaged by crippling hyperinflation, Iran’s Parliament has sanctioned the redenomination of its fiat — the rial — by replacing it with a new currency called the toman. According to the plan, […]
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The director of a business research center in Mexico has warned citizens against hasty investments in crypto during the current crisis. On May 4, Alberto Aldape Barrios, director of the Center for Business Research and Development (CIDE), called on the residents of the city of Aguascalientes to be cautious with any investment opportunity in cryptocurrencies. […]
Continue ReadingCan blockchain-based social media platforms solve the current issues faced by mainstream platforms? It’s hard for most people to imagine their lives without the use of social media, and crypto enthusiasts are no different. Since the beginning, the crypto industry has thrived on social media platforms, as they allow people to connect and share ideas. […]
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A Florida resident has been charged by the CFTC for raising $1.6 million through a fraudulent cryptocurrency and forex trading scam. The United States Commodity Futures Trade Commission (CFTC) has filed a complaint against Florida resident Alan Friedland for fraudulently raising $1.6 million through a cryptocurrency tied to a forex trading scheme. The April 16 […]
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SBI Holdings will start implementing R3 blockchain-consortium technology in their Foreign Exchange services. Japan-based SBI Holdings announced on April 16 that it will begin using R3 blockchain-consortium technology for Forex Trading. This will be the first practical application of the Corda blockchain in the country. According to the announcement published in Nikkei Japan, the technology […]
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The next step for crypto’s mass adoption might lie in an alliance between decentralized crypto assets and centralized custodians. Mass adoption. It’s a mantra touted often in this space and what every crypto company is working toward. While tremendous progress has been made in the past 10 years on driving crypto awareness and improving user […]
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Following a set of simple trading rules can be the difference between a growing portfolio and a liquidated account. Here’s 10 rules to consider. Dennis Gartman began his trading career in the 1970s and over the years he amassed a ton of experience trading Forex, treasuries, stocks, commodities, and derivatives. Those familiar with Gartman will […]
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Santori joins to the Kraken’s legal team with broad experience in working on legal frameworks for the crypto industry, including SAFT. The U.S. based crypto exchange Kraken has appointed Marco Santori as the company’s new chief legal officer (CLO), according to an announcement shared with Cointelegraph on April 6th. Santori’s background in crypto law Santori […]
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While crypto spending has fallen in some areas, Coingate reported an increase in the number of adult entertainment transactions. While many crypto holders around the world are practicing self-quarantine and other measures to limit social contact, some are turning to the adult industry for comfort. Speaking to Cointelegraph, cryptocurrency payment processor CoinGate reported an increase […]
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The U.S. CFTC joins the list of global authorities warning the public against crypto scammers trying to capitalize on the widespread coronavirus fears. United States derivatives markets regulator, the Commodity Futures Trading Commission (CFTC), has joined the list of global authorities warning the public against cryptocurrency scammers trying to capitalize on the widespread coronavirus fears. […]
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