NASDAQ has high hopes it can use its market surveillance tech to stamp out manipulation in cryptocurrency markets. The world’s second-largest stock exchange NASDAQ says its market surveillance technology can “stamp out manipulation” in cryptocurrency markets, Bloomberg reported Nov. 1. The publication referenced an unpublished paper from NASDAQ released Thursday, in which it explains it […]
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sponsored An AI-driven platform is trading the stock market for the cryptocurrency sector – and says its technology is on par with the machines used by billionaires. What if the volatility of cryptocurrencies could be eliminated, making crypto more of a feasible, mainstream investment? An established fintech company is working to achieve just that. Rise, […]
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sponsored Data services pave the way for AI-enabled trading decision making. Call it counterintuitive, but blockchain could be considered less transparent now than the stock market. How so? Blockchains are apparently open, and anyone can see which token went where, after all. Well, yes and no. Blockchain is a forest, and a forest is the […]
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Russian crypto exchange YoBit tweeted that it will pump the price of 10 random coins. Cryptocurrency exchange YoBit is going to perform a pump scheme on random coins, according to an Oct. 10 tweet. A pump and dump scheme is a form of fraud that attempts to artificially boost the price of an asset through […]
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The U.S. SEC has filed a subpoena enforcement action against the perpetrators of an alleged “pump-and-dump” scheme involving claims of a $100 million ICO. The U.S. securities agency has filed a subpoena enforcement action against the perpetrators of an alleged “pump-and-dump” scheme involving claims of a $100 million Initial Coin Offering (ICO), according to an […]
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The crypto industry has been repeatedly rocked by hacks and theft, undermining trust in the ecosystem. These episodes typically occur without warning, leaving investors to count their losses only after the hack occurs. In a bizarre turn, a 51% attack on Einsteinium (EMC2) has been announced in advance. The hack is scheduled for Saturday, Oct […]
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The manipulation of cryptocurrencies is getting attention from regulators who have been warning that these digital tokens, and the exchanges they are traded on, could be vulnerable to price manipulation. The Wall Street Journal, citing the New York Attorney General Barbara D. Underwood, reported in September that the AG issued a report warning about the […]
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At the heels of the Commodity Futures Trading Commission’s (CFTC) Technology Advisory Committee meeting this past Wednesday, the CFTC has issued a warning against pump-and-dump schemes, specifically related to digital currencies. The Customer Advisory on virtual currency pump-and-dumps warns people against “thinly traded or new ‘alternative’ virtual currencies and digital coins or tokens.” This would […]
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