Big-Name Insurers Stepping Up Their Crypto Game

Big-Name Insurers Stepping Up Their Crypto GameA growing number of big-name insurers are getting into the crypto space. They are exploring new product options in this area and meeting with cryptocurrency custodians and trading platforms about coverage. However, exclusions can add up fast for crypto businesses and premiums can be more than five times that of a normal business. Also read: Yahoo! […]

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Indian Supreme Court Heard Crypto Petitions Today But RBI Ban Stays

Indian Supreme Court Heard Crypto Petitions Today But RBI Ban StaysIndia’s Supreme Court heard the petitions against the crypto banking ban by the Reserve Bank of India (RBI) today. After hearing some arguments from both sides, the court decided to set another hearing date, allowing some of the regulators involved to respond to the petitions. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Supreme […]

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Fed Chair: Crypto Has No Intrinsic Value, Not a Store of Value, Great for Money Laundering

Fed Chair: Crypto Has No Intrinsic Value, Not a Store of Value, Great for Money LaunderingThe Federal Reserve’s new chairman made his stance on cryptocurrency clear to the US House of Representatives on Wednesday. In his view, cryptocurrencies have no intrinsic value, are not used often as a means of payment, are not a store of value, but are great for money laundering. He also dismisses the idea that cryptocurrencies […]

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Indian Bitcoin Ponzi Schemer Offers to Repay Initial Investments to Victims

Indian Bitcoin Ponzi Schemer Offers to Repay Initial Investments to VictimsThe alleged bitcoin Ponzi kingpin, Amit Bhardwaj, has reportedly offered to pay back the initial investments in Indian rupees to those who lost money through his scheme. However, victims want the current value of their cryptocurrencies, not the initial investments. Zebpay, one of India’s largest crypto exchanges, has also been called in to help with […]

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Robin Hood Movie and Robinhood App Hold $50k Crypto Scavenger Hunt at Comic-Con

Robin Hood Movie and Robinhood App Hold $50k Crypto Scavenger Hunt at Comic-ConLionsgate studio and Robinhood app have teamed up to give away $50,000 in a crypto scavenger hunt at the San Diego Comic-Con this week. This is to promote the studio’s upcoming Robin Hood movie. Attendees will search for coins, redeemable for $50, $500, $1,000, and $5,000, which can then be invested in cryptocurrencies during the […]

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Kodak-Branded Bitcoin Mining Scheme Collapses

Kodak-Branded Bitcoin Mining Scheme CollapsesThe Kodak-branded bitcoin mining rigs unveiled at the CES technology trade show this year will no longer be available to mine for customers. Amid scam accusations, the company behind the Kodak Kashminer crypto mining scheme has reportedly confirmed the plan has collapsed, citing intervention by the U.S. Securities and Exchange Commission. Also read: Yahoo! Japan Confirms […]

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Largest Association of Investment Professionals Adds Crypto to Curriculum

Largest Association of Investment Professionals Adds Crypto to CurriculumCFA Institute, with over 150,000 members, is adding cryptocurrency topics to its curriculum for the first time. The course material will be released in August. A record 227,031 people in 91 countries and territories reportedly registered to take CFA exams this year. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Crypto Added to CFA […]

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G20 Watchdog Unveils Framework to Monitor Crypto

G20 Watchdog Unveils Framework to Monitor CryptoA framework has been developed for the G20 countries to “monitor the financial stability implications of crypto-assets markets.” The Financial Stability Board says cryptocurrencies “do not pose a material risk to global financial stability” but supports their “vigilant monitoring.” Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space G20’s Crypto Monitoring Framework The Financial Stability […]

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Crypto Exchange Coinrail Reopens with Offers to Recover 11 Cryptocurrencies

Crypto Exchange Coinrail Reopens with Offers to Recover 11 CryptocurrenciesSouth Korean exchange Coinrail has resumed service after it was hacked last month. The exchange has offered users some options to recover their cryptocurrencies. Eleven cryptos were stolen, some of which have been fully recovered and are now available for trading and withdrawals. However, some coins were not recovered. Also read: Yahoo! Japan Confirms Entrance Into […]

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Russia Now Has a Registry of Whitelisted Crypto Companies

Russia Now Has a Registry of Whitelisted Crypto CompaniesThe Russian Association of Cryptocurrencies and Blockchain has created a registry of whitelisted companies that offer crypto-related products or services. Meanwhile, the bill to regulate cryptocurrencies in Russia has been delayed. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Whitelist of Crypto Firms The Russian Association of Cryptocurrencies and Blockchain (RACIB) has created a […]

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