US Regulators Issue Joint Warnings to Banks Over Crypto Risks
The Board of Governors of the Federal Reserve System and two other United States federal agencies have issued their first-ever collective warning to banks over...
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World Economic Forum (WEF) Says Crypto and Blockchain Are “Inevitable”
The World Economic Forum (WEF) believes blockchain technology, which powers cryptocurrencies and digital assets, will remain an “integral” component of the modern economy, according to...
Luxury Car Manufacturer BMW Is Embracing Crypto
BMW, a German manufacturer of luxury automobiles, intends to use blockchain technology in its day-to-day business operations and develop a blockchain-based customer loyalty program for...
These 17 Crypto Sites Might Be Engaging in Fraud, California Agency Says
The California Department of Financial Protection and Innovation (DFPI) has issued a warning against 17 crypto-related websites suspected of being managed by scammers in the...
Another Crypto Platform Shuts Down as the FTX Crisis Worsens
Midas Investments is the latest cryptocurrency platform to suspend deposits, swaps, and overall operations as a result of the severe financial losses caused by Celsius’...
HSBC Bank To Launch Crypto and Metaverse Products
Another colossal player in the financial services industry is getting into the cryptocurrency and blockchain space....
Crypto Winter Forces 40% Staff Layoffs at Another Crypto Firm
The crypto winter has forced many successful cryptocurrency firms to reduce their workforce in order to survive and continue expanding while we wait for the...
Fidelity to Launch NFT Marketplace and Crypto Trading in the Metaverse
One of the world’s largest investment management firm, Fidelity Investments, has submitted trademark applications in the United States for a variety of Web3 goods and...
Multichain Crypto Wallet BitKeep Has Been Hacked
Some BitKeep customers claimed on December 26 that their funds had been emptied and moved when they were not using their wallets, just as the...
SEC Urges Users to Be Wary of Crypto Proof-of-Reserves Audits
According to a recent Wall Street Journal report, the Securities and Exchange Commission (SEC) is increasing its scrutiny of proof-of-reserves audit firms’ work for cryptocurrency...