Category: Cryptocurrency

cTrader Web & Desktop 4.1 now allows users to make crypto deposits
August 11, 2021 BY Steffy Bogdanova

cTrader Web & Desktop 4.1 now allows users to make crypto deposits

cTrader also improves the addition of indicative USD currency in TradeWatch which enables users to view their balance, equity, margin and P&L in the indicative currency of USD in a single switch via TradeWatch options. With the Advanced balance bar settings, users can configure and customize the balance bar in TradeWatch for their personal comfort…

Read more
August 04, 2021 BY Steffy Bogdanova

A day before the Ethereum London Hard Fork: 4 things you should know

2. EIP-3238: Difficulty Bomb Delay EIP-3238 is being introduced to smooth the path for the Ethereum 2.0 upgrade. An important feature of Ethereum, the difficulty bomb makes Ethereum mining more challenging. When the difficulty bomb is triggered, block times will become so long that mining will no longer be profitable. This contributes to a phenomenon…

Read more
July 19, 2021 BY Alan Sayer

Malaysian police go viral as they crush Bitcoin mining rigs

Mining for Bitcoin is not illegal in Malaysia, which is partly why Malaysia is one of the most popular countries for Bitcoin miners. It currently comes into the top 10 mining locations, accounting for over 3% of the total Bitcoin mining in the world. However, bitcoin mining does attract criminals, with most opting to steal…

Read more
SEC fraud
July 15, 2021 BY Steffy Bogdanova

SEC brings charges against an ICO listing website

According to SEC, many ICOs listed on Coinschedule.com appear in its DAO Report published in 2017, warning that: “coins sold in ICOs may be securities and that those who offer and sell securities in the U.S. must comply with federal securities laws.” SEC revealed that Blotics has agreed to cease and desist from future violations…

Read more
Twitter becomes a contender for buying TikTok
July 14, 2021 BY Steffy Bogdanova

Tiktok bans financial investments and crypto trading ads

The ban follows warnings and concerns that financial information from TikTok could be misleading. The FCA has also expressed its concerns over young individuals being at risk in investing, taking their information from social media. The growing pressure has driven Google and other internet companies to take measures against scam ads showing on their platforms…

Read more
July 06, 2021 BY Alan Sayer

Barclays places block on transfers to Binance for UK customers

Barclays' decision is expected to cause other banks to decide on how they will handle Binance. Both Natwest and Santander have made comments related to crypto exchanges recently, with Natwest taking the decision to decrease the daily limit that customers could make to crypto exchanges. This news from Barclays, as well as the decision by…

Read more
Crypto firms in the UK are abandoning their FCA registration
June 30, 2021 BY Steffy Bogdanova

Crypto firms in the UK are dropping out from FCA registration

Since January, crypto asset firms have had to register with the FCA, a measure designed to prevent money laundering and terrorist financing. Regulators across the world have strengthen their oversight on cryotocurrency. They have expressed concerns with crypto assets such as Bitcoin because of its volatility and risk to consumers and potential for money laundering…

Read more
BaFin warns about the paradigm shift following Brexit
June 29, 2021 BY Steffy Bogdanova

Coinbase receives crypto license from German regulator BaFin

Coinbase also discussed in its press release the already thriving scene surrounding blockchain and noted that Germany is, in fact, the second-ranking country after the US when measuring the amount of Bitcoin nodes being processed. The announcement revealed that Coinbase Germany GmbH is due to be launched in the next few weeks, intending to serve…

Read more
June 28, 2021 BY Steffy Bogdanova

FCA bans Binance in the UK following Japanese warning

This huge blow to the crypto exchange giant comes as a reaction to a warning placed by the Japanese regulator, the FSA, which on Friday stated that Binance had been offering its crypto exchange services to customers in the country without ever having officially registered with the Financial Services Agency. The latest warning is the…

Read more