Category: Cryptocurrency

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Sunacrip and Venezuelan Intelligence Police Issue Warning on Cryptocurrency Scams

September 6, 2021

Sunacrip, the Venezuelan cryptocurrency watchdog, and the Intelligence Police (CICPC) issued a warning for the general population about cryptocurrency scams. The institutions gave a series of recommendations to avoid being scammed by cryptocurrency Ponzi schemes involving the national cryptocurrency, petro (PTR), advising users to always keep their accounts’ passwords secure. This is the government’s answer…
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Scammers Offer Free Bitcoin on Hacked Government Site in Russia as Crypto Fraud Surges

September 5, 2021

Unknown scammers have organized a fake bitcoin giveaway through a Russian government website they hacked. The news of the attack comes after a recent report revealed that damages from crypto-related fraud in Russia have reached $30 million in value in the first half of this year. Regional Government Website in Russia Hacked by Scammers The…
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NFL Bars Teams From Participating in Certain Cryptocurrency and NFT Ventures: Report

September 5, 2021

According to a recent report, the National Football League (NFL) advised teams that they could not, at least for now, sell non-fungible tokens (NFTs) and sponsorships to digital currency companies. Advertisements for specific crypto assets were mentioned alongside initial coin offerings (ICOs), according to various club sources who remained anonymous. Anonymous Club Sources Disclose the…
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JPMorgan sounds alarm over ‘frothy’ crypto markets after August boom

September 4, 2021

Altcoins have made big gains on the total market share of the cryptocurrency markets, but JPMorgan analysts have concerns. JPMorgan analysts have warned clients that cryptocurrency markets are looking frothy after the August trading boom saw spot market trading volumes once again top $1 trillion.  In a note to clients reported by Markets Insider, the JPMorgan…
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Shop.com now accepts Bitcoin payments after partnership with BitPay

September 4, 2021

The e-commerce portal offers the option to pay with Bitcoin, Ether and Dogecoin as well as several major dollar-pegged stablecoins. United States-based e-commerce platform Shop.com is the latest site to adopt cryptocurrency payments.  The company, which is owned by Market America, announced its partnership with crypto payment service provider BitPay, which will allow it to…
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Solana extends rally with another new high — Why is SOL price up by 70% in one week?

September 4, 2021

The SOL price rally also appeared in the wake of “Ignition,” a global hackathon to build new platforms on the Solana blockchain. Solana (SOL) started Friday at a new record high as investors continued to bet positively on its success in the decentralized finance (DeFi) and nonfungible tokens (NFT) sector. The SOL/USD exchange rate reached…
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Law Project Establishes Period to Decide Cryptocurrency Regulations in Brazil

September 4, 2021

A law project introduced in June in the National Congress of Brazil has jumped into the spotlight recently because it establishes a fixed period for the executive to start regulating cryptocurrency transactions. If approved, the proposal will establish the payment of taxes for cryptocurrency-based transactions. The project is being reviewed by the Chamber of Deputies…
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Central Bank of Brazil Researches Creation of Digital Real

September 3, 2021

Fabio Araujo, a representative of the Central Bank of Brazil, talked about the possible development of a Digital Real at a public hearing before the Committee on Science, Technology, Innovation, Communication and Information Technology of the Brazilian Senate. Araujo clarified that the Digital Real is still at the debate stage, and they are determining the…
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