The Shark Tank star said all unregulated exchanges are seeing “massive outflows” right now, and rightly so. Unregulated crypto exchanges will continue to fall like dominoes post-FTX, with plenty more “meltdowns” to come, warns Shark Tank star and investor Kevin O’Leary. O’Leary, a former spokesperson and proponent for the now-bankrupt FTX exchange, told Kitco anchor David Lin…
Right now, Bitcoin is a day away from matching a nearly 10-year-old record and Ethereum could hit a significant milestone by Q2. The world’s first cryptocurrency Bitcoin is one day away from matching its historic 15-day win streak if its positive price movement keeps up. In November 2013 Bitcoin posted a 15-day consistent positive price movement,…
IBC is going to allow assets to move between blockchains without the high level of risk inherent to bridging. When I entered crypto, I succumbed to the contest between blockchain ecosystems, believing one had to be “better” than others. I have since realized the future of cryptocurrency is bringing with it a variety of platforms…
Mamoru Yanase said crypto needs the same safeguards as financial institutions and banks. Financial regulators in Japan have urged global regulators to treat crypto the same way as they do banking, calling for tougher rules for the sector. According to the deputy director-general of the Financial Services Agency’s Strategy Development and Management Bureau, Mamoru Yanase,…
The Bloomberg analyst said Bitcoin is forming a bottom similar to how it looked prior to the 2019 bull run but with one major difference in the markets. Mike McGlone, Bloomberg’s senior commodity strategist believes Bitcoin could be developing a “bottom” in the same way it did prior to 2019’s bull run but said there is…
From “pig butchering” to phishing, there are myriad ways that scammers try to take advantage of crypto users. Despite the belief of many crypto enthusiasts that centralized exchanges (CEXs) are safer, history has often shown them to be rather vulnerable to attacks. Because these exchanges centralize the storage of users’ assets, they can be attractive targets…