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University of Sussex Researchers Say Blatant Market Manipulation is a Disaster to Traditional Safe Havens

University of Sussex Researchers Say Blatant Market Manipulation is a Disaster to Traditional Safe Havens

The University of Sussex Business School recently published an analysis indicating that widespread market manipulation is a serious problem that regulators should deal with so that to confront false prices and avoid distorting the minds of investors. According to the analysis report, the COVID-19 pandemic has created huge volatility in global financial markets. But as one might expect, prices of safe-haven assets like Bitcoin and gold are not surging, a problem that is caused by large-scale and intense manipulation.

What is Ethereum Founder Vitalik Buterin’s Net Worth?

What is Ethereum Founder Vitalik Buterin’s Net Worth?

Ethereum founder Vitalik Buterin’s net worth must be growing as the eth price continues to surge gaining more than 7% in the last 24 hours.

India’s Apex Court Postpones Cryptocurrencies Ban Hearing to November

India’s Apex Court Postpones Cryptocurrencies Ban Hearing to November

Back in April 2018, the Reserve Bank of India released a press release prohibiting banks from providing financial services to individuals and corporate bodies dealing in cryptocurrencies. This move by the Reserve Bank of India has received many criticisms from several individuals and the High Court of Delhi as the ban clearly violates the constitution.

HKSFC Guidance on Virtual Asset Fund Managers: The 4 Key Takeaways

HKSFC Guidance on Virtual Asset Fund Managers: The 4 Key Takeaways

The Hong Kong Securities and Futures Commission (HKSFC) released the latest guideline “Proforma Terms and Conditions for Licensed Corporations which Manage Portfolios that Invest in Virtual Assets”, providing further guidance on fund dealing and virtual asset fund management.

How Triffic is Gamifying Advertising for Local Businesses

How Triffic is Gamifying Advertising for Local Businesses

Entering the world of cryptocurrency can be a daunting prospect for newcomers, with several practical and psychological barriers to overcome. Most people who’ve heard of Bitcoin are aware of its notorious volatility, and in some cases, of negative headlines associated with cryptocurrencies, such as the risk of hacks and losing private keys.

The Faces Behind the Billion Dollar Bitcoin Futures Market

The Faces Behind the Billion Dollar Bitcoin Futures Market

The BTC futures market has exploded like no one could have expected over recent years and it continues to grow. With new players on the scene from Binance to Bakkt and records being smashed left and right, here we take a look at some of the people making it happen.

HSBC Chief Legal Officer Stuart Levey Gets Appointed as Libra’s New CEO, Expert in Dealing with Regulatory Backlash

HSBC Chief Legal Officer Stuart Levey Gets Appointed as Libra’s New CEO, Expert in Dealing with Regulatory Backlash

The Libra Association appointed its first CEO, Stuart Levey, the Chief Legal Officer at HSBC Holdings. Levey will be overseeing the Libra digital currency and payments system and holds a strong compliance track record and is expected to join Libra in the coming months. However, HSBC has not shown the same upright compliance record. Levey is also expected to “combine technology innovation with robust compliance and regulatory framework.” The Facebook-led project has invited scrutiny from global regulators, with concerns over its threat to national sovereignty with its potential launch. Many of Libra’s original members, including Vodafone, PayPal, and Visa have also chosen to leave the association.

Woman Arrested for Bitcoin Murder-for-Hire Deal with Dark Web

Woman Arrested for Bitcoin Murder-for-Hire Deal with Dark Web

A Nevada woman has been charged with a murder attempt in which she paid a hitman Bitcoin in exchange for killing off her ex-husband.

Zimbabwe’s Central Bank Finally Takes a Big U-Turn to Regulate Cryptocurrencies

Zimbabwe’s Central Bank Finally Takes a Big U-Turn to Regulate Cryptocurrencies

Reserve Bank of Zimbabwe, the country’s central bank, revealed that it would develop a regulatory framework to check operations of companies dealing with cryptocurrencies. The Chronicle, the local newspaper, reported that the Reserve Bank of Zimbabwe (RBZ) has already begun drafting a policy framework to guide business activities of cryptocurrency firms.

French-Austrian Collaboration on Blockchain Forensics Instrument to Enhance Cryptocurrency AML

French-Austrian Collaboration on Blockchain Forensics Instrument to Enhance Cryptocurrency AML

The French cybersecurity firm Nigma Conseil and the Austrian Institute of Technology (AIT) have announced a partnership aimed to create a new blockchain forensics instrument.

Russian Man Charged For Offering $1 Million in Bitcoin to United States Employee to Install Malware in Company’s Network

Russian Man Charged For Offering $1 Million in Bitcoin to United States Employee to Install Malware in Company’s Network

Russian citizen arrested and charged for trying to recruit an employee to plant malware on a company’s computer network in Nevada, US.

JP Morgan Chase Approves Major Crypto Exchange Clients Coinbase and Gemini

JP Morgan Chase Approves Major Crypto Exchange Clients Coinbase and Gemini

JPMorgan Chase, the largest bank in the United States, has set the ball rolling by accepting crypto exchanges Gemini and Coinbase as banking customers. This is a sign that Bitcoin and other cryptocurrencies are being embraced in the American financial landscape and Wall Street. The bank gave Coinbase and Gemini accounts the green light in April, and transactions are just kick-starting. Reportedly, JPMorgan Chase is offering cash-management services to the exchanges, as well as dealing with dollar-based transactions for their US-based clients.

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