Cryptocurrency meltdown is wake-up call for many, including Congress
Cryptocurrency meltdown is wake-up call for many, including Congress Meltdowns in the cryptocurrency space are common, but the latest one really touched some nerves. Novice investors took to online forums to share tales of decimated fortunes and even suicidal despair. Experienced crypto supporters, including one…
Cryptocurrency- scams increasingly targeting Lower Mainland seniors
Cryptocurrency- scams increasingly targeting Lower Mainland seniors From online messages to texts and phone calls, scammers have used the popularity of cryptocurrency to their advantage, recently setting their sights on seniors. Older adults often fall victim to cash-grab scams if they are not “computer savvy”…
Niagara reacts to proposed cryptocurrency moratorium
Niagara reacts to proposed cryptocurrency moratorium Jun. 8—On Monday, lawmakers passed a bill to establish a two-year moratorium on new and renewed air permits for fossil fuel power plants being used for cryptocurrency mining. This has provoked responses across the state from environmentalists and advocates…
Why Bitcoin Mining Is Taking Off In The Lone Star State
Cryptocurrency In Texas: Why Bitcoin Mining Is Taking Off In The Lone Star State Find out why Texas is rapidly becoming the “Bitcoin mining capital” of the U.S. By nature, Bitcoin mining is energy-intensive and relies on cheap energy to turn a profit. Bitcoin miners…
Will she or won’t she sign NY’s cryptocurrency moratorium?
Will she or won’t she sign NY’s cryptocurrency moratorium? Gov. Kathy Hochul isn’t saying whether or not she will sign legislation being pushed by environmental advocates dealing with cryptocurrency mining. The process of creating bitcoin relies on large amounts of energy, and plans to revive…
Scams on the rise amid growing popularity of cryptocurrency
Scams on the rise amid growing popularity of cryptocurrency The Attorney General’s Office is investigating dozens of cryptocurrency scams in Indiana. INDIANAPOLIS — By now, you’ve surely heard of cryptocurrencies, like bitcoin, ethereum and dogecoin, which are becoming household names. As more and more people…
Kazakhstan’s Central Bank Will Not Ignore the Cryptocurrency Market
Kazakhstan’s Central Bank Will Not Ignore the Cryptocurrency Market Galymzhan Pirmatov – Chairman of the National Bank of Kazakhstan – said the financial institution is intrigued by the cryptocurrency industry. As such, it has no plans to ignore it but rather study its potential, he…
What Does Cryptocurrency Volatility Mean For Asian HNWI Investors?
What Does Cryptocurrency Volatility Mean For Asian HNWI Investors? According to Altiant, around 45 percent of global affluent/HNWIs have historically invested in cryptocurrencies, with around 30 percent doing so with a long-term view. Within Asia, these numbers have trended slightly higher than the global average,…
U.S. senators unveil bill to regulate cryptocurrency
U.S. senators unveil bill to regulate cryptocurrency WASHINGTON, June 7 (Reuters) – A bipartisan pair of U.S. senators unveiled a bill on Tuesday that would establish new rules for cryptocurrency, and hand the bulk of their oversight to the Commodity Futures Trading Commission (CFTC). The…