Questions Upon Security With the rise of the cryptocurrency industry, taking over the world with it, India has never been such an exemption ever. Statistics reveal that so far Indians have invested about $1 billion in the cryptocurrency industry. Moreover, 15 million people are said to be actively trading in
The whole month has been full of tide waves smashing the cryptocurrency industry of China entirely to the shore rocks. The nationwide ban of certain cryptocurrencies, regulations imposed upon crypto trading and crypto exchanges have traumatized the chinese cryptocurrency industry explicitly. Furthermore, the waves now spread to Sichuan too. Breakdown
Bank Indonesia bans cryptocurrency as a payment method. Cryptocurrency not a legal instrument for payment in Indonesia. The whole cryptocurrency industry is facing many regulatory issues. The governor of the Indonesian Central Bank, Perry Warjiyo declared in the virtual seminar about the ban of cryptocurrency as a payment method or
Wopke Hoekstra, Dutch Finance Minister raised voice against the cryptocurrency ban in the country. Instead he suggested an effective regulation for crypto rather than total ban. Pieter Hasekamp, Netherland’s local officials advocated a total ban on cryptocurrency. The local news agency NU.nl shared the report last Friday. The reason he
Crypto wallet company Ledger has announced that the company has raised $380 million as part of its series C funding round. With this latest round the company is now valued at more than $1.5 billion. The company says the funds will be used to expand their software and hardware wallet
Former Director of the National Economic Council of the United States, Lawrence Summers stated cryptocurrencies will feature as the ‘Digital Gold’ and it will remain of prominent importance for the economy. Summer’s Digital Gold Theory Despite Bitcoin (BTC) selling short, Lawrence Summers commented positively upon the entire crypto industry, stating
Crypto exchange Gemini now holds $30 billion worth of cryptocurrencies. Winklevoss Twins will consider taking Gemini public listing on Nasdaq like Coinbase. Other exchange listings could significantly impact the share of Coinbase price Gemini, the Winklevoss Twins crypto exchange now holds $30 billion worth of cryptocurrencies under custody as competition
Resorts World Las Vegas partnership with the cryptocurrency exchange Gemini. The partnership will make the Resort world crypto-friendly. Resorts World Las Vegas has many features Resorts World Las Vegas has announced its partnering with Gemini, a cryptocurrency exchange and custodian. Moreover, this will allow the customers of the resort to
The Swiss multinational investment bank and financial services company founded and based in Switzerland and also the largest private bank of the world, UBS-Union Bank of Switzerland announces it will soon start cryptocurrency-related services to its prior and top pier customers and clients. UBS is looking profusely into various aspects
Hotbit has undergone a serious cyber attack Hotbit showdowns all its services Users are in fear due to the incident of the Turkish exchange On April 29, 2021, a cyberattack took place on Hotbit, the cryptocurrency exchange. However, the system hacking led to the paralyzation of many basic services of
