Tag: Cryptocurrency

The SEC is ‘short staffed’ and it needs more help to tackle everything from crypto to China, Gensler says

U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler testifies before a Senate Banking, Housing, and Urban Affairs Committee oversight hearing on the SEC on Capitol Hill in Washington, U.S., September 14, 2021. Evelyn Hockstein | Reuters Thousands of American institutions are struggling to keep business running smoothly with a limited staff in the Covid-19 […]

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Walmart Says Looking Into Fake Press Release on Litecoin Partnership

Walmart said on Monday it was looking into how a fake press statement announcing a partnership with Litecoin, which briefly led to near 30 percent gains in the cryptocurrency, was issued by news release distributor GlobeNewswire. The fake press release touting the acceptance of Litecoin as online payment by the world’s largest retailer led to a […]

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Bitcoin Doesn’t Make a Great Deal of Sense: Billionaire Lee Cooperman

Cryptocurrency has been growing rapidly over the past year, but many investors are yet not sure about it. One of them is Lee Cooperman. The US billionaire investor and hedge fund manager says he still does not understand Bitcoin. Speaking to CNBC, he stopped just short of criticising Bitcoin, saying only that people his age […]

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Crypto prepares for war with the SEC

U.S. securities regulators’ alleged lack of clarity regarding a Wells notice received by Coinbase has caused an uproar in the crypto world. Read More Source link

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Indians dumping Bitcoin to buy cryptocurrency that jumped 400% this yr

Indians are flocking to Ethereum (ETH), which has seen a surge this year. The past few days have seen a spurt in Indian investors and traders buying the cryptocurrency on local exchanges and those that offer services in the country. Many investors are buying it after partially or fully liquidating their bitcoin portfolio, experts said. […]

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Kim Kardashian’s cryptocurrency Instagram ad sparks criticism from UK financial watchdog

The head of the U.K.’s financial watchdog singled out an Instagram ad posted by Kim Kardashian, that promoted Ethereum Max, in a speech warning of the risks of “speculative” cryptocurrency tokens.  Charles Randell, chair of the U.K.’s Financial Conduct Authority, said in a speech on Monday that Kardashian had asked her more than 250 million […]

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In world first, bitcoin becomes legal tender in El Salvador – Times of India

SAN SALVADOR: El Salvador on Tuesday became the first country in the world to adopt bitcoin as legal tender, a real-world experiment proponents say will lower commission costs for billions of dollars sent home from abroad but which critics warned may fuel money laundering. The plan spearheaded by the young, charismatic and popular President Nayib […]

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Reese Witherspoon, Paris Hilton Jump on to the Crypto Bandwagon

Cryptocurrency has garnered the attention of entrepreneurs and celebrities alike. Oscar-winning actress Reese Witherspoon said recently that she has bought her first Ethereum coin. This was followed by yet another celebrity, the socialite-entrepreneur Paris Hilton, who shared her love for Bitcoin on Twitter. Ethereum and Bitcoin are the two top cryptocurrencies in terms of market […]

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Twitter Working on Bringing Cryptocurrency Support to Tip Jar

Twitter is found to be working on allowing users to add Bitcoin and Ethereum addresses to their profiles to receive tips in cryptocurrencies. The new addition could be aimed to upgrade the Tip Jar feature that the microblogging network introduced earlier this year. Twitter is working on the ability to let users receive tips in […]

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