Wednesday, September 30, 2020

FinCEN director warns banks about cryptocurrency risk exposure

The U.S. Financial Crimes Enforcement Network (FinCEN) director Kenneth Blanco has warned banks to think seriously about their cryptocurrency risk exposure.During the virtual 2020...

Bulls target $11.5K, bears desire drop to $9.8K

Bitcoin (BTC) price appears to be gearing up for another shot at the $11K mark but traders shouldn’t get overly excited as resistance in...

Court tosses out short-sellers’ lawsuit targeting Overstock’s ‘digital dividend’

A Utah federal judge has tossed out a lawsuit that accused Overstock ($OSTK) of market manipulation by distributing a ‘digital dividend’ of security tokens...

‘DeFo’ staking enabled for Waves’ Neutrino stablecoins

U.S.-based cryptocurrency exchange Waves.Exchange, which supports the price-stable multi-asset Neutrino protocol, is introducing a way for crypto traders to earn passive income through stablecoin...

‘No coiner’ TikTok star launches finance podcast with Bitcoin bull Pomp

A 21-year-old social media star famous for his TikTok videos is entering the crypto space, guided by Bitcoin bull Anthony ‘Pomp’ Pompliano.Bryce Hall has...

Malaysian billionaire steps down to pursue ‘horse currency’ offering

The founder of Malaysian investment giant Country Heights Holdings is stepping down from his position to focus on issuing a cryptocurrency.According to a Sept....

Congress weighs crypto payments and fintech lending in hearing today

In a hearing on Tuesday, the Congressional Fintech Task Force heard arguments on new rules that would potentially expand banking regulations to accommodate more...

Afraid of DeFi? Here’s how to earn 41% APY on Bitcoin without wrapping it

The number of investors interested in yield farming has grown immensely over the past 6-months as decentralized finance (DeFi) applications became better known and...

Blockchain legislation passes the House, heads for Senate

The updated Consumer Safety Technology Act, which now includes the Digital Taxonomy Act and the Blockchain Innovation Act, has passed in the House of...

DeFi is too ‘noisy,’ MyEtherWallet CEO says

The crypto space's decentralized finance niche has reached frenzied status within the crypto industry, signaled by exuberant price highs and rampant speculation."DeFi is the...