Cryptocurrency frauds and security breaches are becoming more likely as cryptocurrencies continue to acquire acceptance and public attention. Cryptocurrencies’ decentralized and anonymous nature offers both advantages and disadvantages. While they have the potential to foster innovation and financial empowerment, they also draw bad actors who want to take advantage of gullible consumers. This article will […]
Tag: STO
The Surge of DeFi Platforms and Their Impact on the Crypto Market
The advent of decentralized finance (DeFi) platforms in recent years has revolutionized the way financial transactions and services are handled in the cryptocurrency world. Blockchain technology is used by DeFi platforms to give decentralized alternatives to traditional financial intermediaries. This article investigates the rise of DeFi platforms and their significant impact on the crypto industry. […]
News Nuggets | 13 June: BidFX Hires eFX Expert; Orbex’s Prepaid Card
BaFin Fines a Manager for Failing to Publish Financial Reports Germany’s regulator, the Federal Financial Supervisory Authority (BaFin), imposed a fine worth 15,000 euros against a manager of a securities firm based in the country. According to the regulator, the individual works for a company based in Germany that failed to publish its half-financial report […]
Interactive Brokers Expands Offering with New Markets and Fractional Shares in Europe
Interactive Brokers (NASDAQ: IBKR), an automated global electronic broker, is set to enhance the number of offered markets. As part of its latest update, the platform will provide its clients access to shares trading on Nasdaq Copenhagen (CPH) and the Prague Stock Exchange (PSE). As well as that, eligible Nasdaq Copenhagen shares will be available […]
eToro Blocks US Customers’ Purchase of ALGO, MANA, DASH, and MATIC
The stocks and crypto assets trading platform, eToro has halted the purchase of four cryptocurrencies, which were recently labeled as unregistered securities by the Securities and Exchange Commission (SEC), for users in the US, according to an announcement made yesterday (Monday). eToro US said the delisting of the tokens, Algorand (ALGO), Decentraland (MANA), Dash (DASH), […]
Robinhood Reports 8% Decline in Users and 43% Drop in Crypto Trading Volumes in May 2023
Robinhood Markets (Nasdaq: HOOD) witnessed another month of slow demand. The number of funded accounts stayed flat in May, while the active users base fell month over month (MoM) from 11.5 to 10.6 million. However, volumes, excluding digital assets, recorded an increase of nearly 30% on a monthly basis. Robinhood Reports Lower Engagement and Mixed […]
GCEX and Hex Trust Bolster Partnership to Broaden Staking Services
GCEX, a digital prime brokerage, has expanded its partnership with Hex Trust, an institutional custodian for cryptocurrencies. The announcement follows the companies’ initial venture into staking services in April 2023. Now, their relationship includes an expansion in staking services, offering a broader portfolio of assets to brokers, hedge funds, professional traders and fund managers. Hex […]
Sygnum Inches Closure to Get Singapore’s Payment Institution License
The Singapore subsidiary of Sygnum, a digital asset bank, has become the latest to obtain in-principal approval for a Major Payment Institution Licence (MPIL) from the Monetary Authority of Singapore (MAS). Sygnum Gains In-Principal Singapore License The in-principal license was awarded to Sygnum Singapore, thus putting it closer to becoming a regulated crypto brokerage service. […]
Top 10 VPNs for Crypto Trading (June 2023)
Taking cue from the global rise in digital currencies, crypto traders have become a group that heavily relies upon extensive online security measures. While this may be necessary in order to cut down on potential cyber threats and to maintain the privacy of their trading activities, it means that traders have been forced to resort […]
It’s Time for Litecoin (LTC) to Thrive as Altcoin Market Comes Under Regulatory Scrutiny
Detractors calling Litecoin a ‘dead’ project, or a ‘shitcoin’, are simply wrong. Despite the proliferation of altcoins over the past few years, Litecoin remains one of the most widely adopted and utilized networks. Beyond usage, there are a variety of reasons that point to the potential of this project having yet to be fully tapped. […]
