Forbes Identifies XRP, ADA, BCH, LTC, Among 20 Crypto Zombies
Forbes lists 20 cryptocurrencies “zombie blockchains” in detail. Despite high market valuations, XRP and Ethereum Classic fail to provide real-world utility. Prominent business publication Forbes, known for its insightful analysis of financial markets, has recently disclosed an all-encompassing report that illuminates the mysterious realm of cryptocurrencies. Forbes has identified a subset of cryptocurrencies in this […]
DTCC Says Bitcoin-Linked ETFs Offer Zero Loan Collateral Value
DTCC’s update on collateral values for some securities, particularly ETFs with Bitcoin or other cryptocurrencies as assets, stirs concerns in the financial industry. The financial services firm DTCC has made it clear that it will assign zero collateral to exchange-traded funds (ETFs) with exposure to Bitcoin or cryptocurrencies and will grant no loans against them. DTCC Dealing Bitcoin […]
Hong Kong Regulator Advises Crypto Industry to Self-regulate
The Hong Kong Securities & Futures Professionals Association (HKSFPA) has advised the city’s crypto industry to establish a self-regulatory committee. “In an April 22 recommendation letter, the HKSFPA stated, “The Hong Kong financial market industry is overly focused on supervision, but there is no organization to maintain the industry’s overall development.” The administrative body then […]
Shiba Inu Holders Advised of BONE Airdrop Phishing
Shiba Inu holders are advised to be wary of phishing attempts targeting BONE airdrops. ShibArmy Scam Alerts issues warnings. The Shiba Inu community is currently experiencing an increase in phishing attacks. These fraudulent emails assure unsuspecting SHIB holders of fake BONE airdrops. These emails are designed to appear real and closely resemble the official logo and […]
Arkansas House Advances Bill to Restrict Crypto Mining
Arkansas State House passed two bills aimed at limiting crypto mining in the state. While not yet law, they could be potential regulations. Two bills have been enacted by the Arkansas State House that may impose limitations on mining cryptocurrencies within the state. While these proposals have yet to undergo comprehensive legislative processes, they establish […]