Crypto-news

From 68,110 to 92,855 of lost Bitcoin, or up to $4.8 billion worth of crypto, could be recovered and returned to their owners, according to an analysis by Chris and Charlie Brooks, a father and son who run Crypto Asset Recovery. Chris and Charlie Brooks operate in New Hampshire, US, in the firm, specializing in…

Senator Elizabeth Warren, one of the most vocal cryptocurrency skeptics in the US government, has called the cryptocurrency industry the “new shadow bank” and said that it’s “worth considering” banning US banks from holding the reserves to back private stablecoins. On Sunday, Warren told the New York Times that the cryptocurrency industry offers “many of…

Charles Randell, chair of the FCA and Payments Systems Regulator, warned in a new piece written for the Cambridge International Symposium on Economic Crime that over-extending the reach of regulators could backfire in the case of some cryptocurrency tokens. The chair of the United Kingdom’s Financial Conduct Authority (FCA) said that there is currently a…

Several years ago, Belarus made noise worldwide as the first country to introduce all the basic concepts related to blockchain and cryptocurrencies into legislation. It also gave nearly free rein to the cryptocurrency business. However, in time, all the positive initiatives were completely destroyed by bureaucracy. In recent news: Belarusian Railway (BCh) has issued $…

Breaking crypto news from the last week (28 Aug. – 3 Sept. 2021): 28 Aug.: Deloitte, one of the Big Four, surveyed financial leaders as part of its 2021 Global Blockchain Survey, with the results suggesting a transition to digital assets is inevitable. Cybersecurity, regulation, and privacy are seen as the biggest obstacles to the…

Bloomberg’s senior commodity strategist Mike McGlone argues that Bitcoin is gradually becoming a global reserve asset that complements the US dollar. According to a Bloomberg report, digital assets like Bitcoin and Ethereum are on the way to new highs. The September edition of Bloomberg’s Crypto Outlook called $100,000 BTC and $5,000 Ether (ETH) the “path…