South African Regulator Warns Crypto Investors to ‘Be Prepared to Lose All’ Following Collapse of Bitcoin Trading Company MTI – Regulation Bitcoin News

The Financial Sector Conduct Authority (FSCA) has issued what it terms crypto health warning after receiving many complaints from South African victims of crypto scams. In the warning, the FSCA reminds prospective investors that crypto-related investments are currently not regulated. Therefore, investors have no recourse against anyone should they get duped. Cryptocurrencies Are High-Risk Assets…

Ethereum Miners Made $3.5 Million in Just One Hour

In brief Ethereum hourly mining revenue just hit an all-time high. That’s because Ethereum’s price also hit a new all-time high. This means, however, that it’s very expensive to do business on the Ethereum blockchain right now. Ethereum miners today earned $3.5 million in a single hour, a new record, according to data from metrics…

Fundamental Investing Is Alive and Well in Crypto

Following the recent moves in GameStop (GME) and AMC (AMC) stocks, and DOGE and XRP tokens, investors across the globe are rightfully questioning fundamental investment analysis. While cryptocurrencies are often heralded as a gambler’s playground, the irony is that digital assets might be one of the few asset classes left for true fundamental investment analysis. …

Cryptocurrency, Biometrics Both Increasing In Approval

Biometrics Becoming Critical to the Payment App Experience With consumers becoming more and more reliant on mobile payment functionality during the ongoing Covid-19 pandemic, fraudsters have been honing their mobile attack strategies, increasing the need for advanced security measures such as biometrics. The demand for biometrics, which includes fingerprint, iris, voice and facial recognition, is about to…

brikCOIN, an Asset-Based Crypto for Smart & Affordable Real Estate

The crypto brikCOIN helps the earth and can make you money! It’s an asset-backed crypto with $1B in sustainable global real estate developments, for luxury hotels, resorts and residential properties. brikCOIN is an asset backed crypto-currency that has over $1 billion in development contracts under negotiation. It is focused on using the token for energy…

Women make up only 15% of bitcoin traders, highlighting the crypto world’s glaring gender imbalance | Currency News | Financial and Business News

Bitcoin. KTS Design/Science Photo Library/Getty Images Only 15% of bitcoin traders are women, highlighting a massive gender imbalance in the world of cryptocurrency, according to new data from eToro. The situation is similar with ethereum, which saw the percentage of female investors slightly rise to 12% from 11% at the beginning of 2020. While the…

The Weird and Wonderful in Crypto This Week

Three stories The big news of today, in context. 1. The crypto-bank connection is strengthening. Seattle-based Protego Trust Bank has received conditional approval for a trust charter from the Office of the Comptroller of the Currency (OCC) to custody digital assets. Protego is the second applicant to receive conditional approval from the OCC following Anchorage….

Women make up only 15% of bitcoin traders, highlighting the crypto world’s glaring gender imbalance | Currency News | Financial and Business News

Bitcoin. KTS Design/Science Photo Library/Getty Images Only 15% of bitcoin traders are women, highlighting a massive gender imbalance in the world of cryptocurrency, according to new data from eToro. The situation is similar with ethereum, which saw the percentage of female investors slightly rise to 12% from 11% at the beginning of 2020. While the…

Central Bank of Nigeria bans banks from servicing crypto exchanges

The Central Bank of Nigeria has placed a ban on all regulated financial institutions from providing services to crypto exchanges in the country. The prohibition was contained in a circular issued by the CBN on Friday. According to the central bank’s notice, the ruling is an extension of earlier warnings from the bank about the…