Binance pushes back against warning from South Africa regulator

Binance pushes back against warning from South Africa regulator

In response to a warning from South Africa’s Financial Sector Conduct Authority, major cryptocurrency exchange Binance has said it is in compliance with local regulators and is not offering financial advice or intermediary services to residents. In a Friday statement from Binance, the crypto exchange implied the warning from the…

Binance P2P Tutorial - How To Add Funds, Trade & Withdraw

Is the Bitcoin Bottom In? Top Crypto Analyst Outlines Potential Path Ahead, Issues Weekly Close Warning

It’s crunch time for Bitcoin and the crypto markets, according to a popular analyst. The pseudonymous trader known as Capo tells his 140,000 Twitter followers that Bitcoin may still be in a Wyckoff accumulation pattern, with BTC setting itself for a big move to the upside when the pattern completes.…

In throwback to Coinbase boss warning, the EU now looking to ban anonymous crypto wallets

In throwback to Coinbase boss warning, the EU now looking to ban anonymous crypto wallets

The EU is looking at stricter crypto controls under the guise of preventing money laundering and terrorist financing. Last year, Coinbase CEO Brian Armstrong raised concerns over rumors the U.S Treasury was moving to ban “anonymous non-custodial wallets.” This he deemed a step too far and would result in stifling…

ASX sounds crypto exchange custody warning, calls for better regulations

ASX sounds crypto exchange custody warning, calls for better regulations

The Australia Securities Exchange (ASX) has weighed in on the issue of crypto custody amid the ongoing discussions within the country’s Senate Select Committee on Financial Regulatory Technology. In a submission to the committee on July 16, ASX highlighted crypto custody on centralized exchanges as a significant risk factor for…

Over 1,000 Bitcoin miners crushed by police in warning to electricity thieves

Over 1,000 Bitcoin miners crushed by police in warning to electricity thieves

Authorities in Miri, Malaysia, seized and destroyed 1,069 Bitcoin mining rigs by steamroller after cracking a mining operation that was using stolen electricity. Recently, U.K police followed up a rewiring tip-off, expecting to bust a cannabis farm, only to discover an illegal Bitcoin mining operation. Globally, cryptocurrency is generally permissible…

Hong Kong SFC Issues Warning, Binance Halts Stock Token Trading

Hong Kong SFC Issues Warning, Binance Halts Stock Token Trading

Hong Kong’s market regulatory body, the Securities and Futures Commission (SFC), has issued an official statement on Binance, the world’s largest crypto exchange. According to the SFC, Binance is not licensed to sell ‘stock tokens’ in its jurisdiction. The SFC’s announcement comes after Binance announced that it will no longer…

The FBI issues warning to cryptocurrency users over growing threat of cybercrime

The FBI issues warning to cryptocurrency users over growing threat of cybercrime

Several mainstream outlets are pushing the narrative that cryptocurrency is facing a new wave of cybercrime. According to Forbes, this is happening due to the rising valuation of cryptocurrencies. However, with environmental and mining FUD fresh on people’s minds, is this something that deserves special consideration? FBI warns cryptocurrency users…

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