SILVER SPRING, Md. (AP) — The chairman of the Securities and Exchange Commission said that investors need more protection in the cryptocurrency market, which he said is “rife with fraud, scams and abuse."
“One of our institutional traders indicated to us that they had a bug in their trading algorithm, which appears to have caused the sell-off,” Binance.US said in the statement. “We are continuing to look into the event, but understand from the trader that they have now fixed their bug and that the issue appears to have been resolved.”
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But that doesn’t mean it’s completely secure in the same way most people consider the U.S. dollar or other established currencies to be secure. Since cryptocurrency isn’t backed by any governmental authority, it doesn’t have the same protections as many standard currencies throughout the world.
Former Reserve Bank of India (RBI) deputy governor R Gandhi on Tuesday made a case for treating and regulating crypto as a separate asset class with a view to enabling governments around the world to effectively deal with illegal activities associated with virtual currencies.
There's already a meme coin named after Elon Musk's new Twitter handle - and it jumped 825% in its 1st day of trading
Mining. The process of applying high amounts of computing power to solve complex equations that verify transactions in a virtual currency. Miners who solve the equations are awarded new units of the virtual currency.
Ricardo Salinas Pliego, a magnate with large operations in retail, banking and television who has been seen as President Andrés Manuel López Obrador’s closest business ally, wrote in his social media accounts Sunday that Bitcoin is a good investment.
Hermes scam text: how to spot a fake parcel 'redelivery' message - and what to do if you receive one
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We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.
Blockchain is a decentralised technology spread across computers that manages and records transactions. Find out more about cryptocurrencies below.. What is Bitcoin and will BTC's price rise? What is Ethereum and will ETH reach $10,000? What is Cardano and will ADA reach $10? What is Litecoin? Why is Bitcoin bad for the environment? Who is Bitcoin creator Satoshi Nakamoto and what's his net worth? Best crypto wallets to use for Bitcoin: From Coinbase to Exodus Where to buy cryptocurrency? What is Dogecoin and will DOGE reach $1? Will Polygon (MATIC) reach $10?
India’s Parliamentary Standing Committee on Finance has listed a meeting with the leading crypto players in India on its age...
Bitcoin is widely regarded as the first modern cryptocurrency — the first publicly used means of exchange to combine decentralized control, user anonymity, record-keeping via a blockchain, and built-in scarcity.
Fun StuffThe 'very British' note has been branded hilariously "passive aggressive" by web users.
Bitcoin’s new all-time high at $69,000 and Ether’s slow climb toward $5,000 are clear signals that bulls are in control and a hint that altcoins intend to follow.