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Aggrieved Coinbase Customers Locked Out of their Accounts Drag Exchange To Court

Leading crypto exchange platform Coinbase has been sued in a proposed class action accusing the company of locking six users out of their accounts. Coinbase Users File Complaint, Seek $5Million According to a complaint filed in San Francisco federal court complaint, the Coinbase users allege that the company prevented them from accessing their accounts. дальше »

2021-6-9 17:29


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Deutsche Bank Warns: Ignoring Rising US Inflation Akin to ‘Sitting on a Time Bomb’

Deutsche Bank published a report Monday noting that the United States is facing “the very real specter of consumer-driven inflation. ” The bank’s chief economist David Folkerts-Landau and others notably highlight the Federal Reserve’s monetary easing policy and recent tolerance toward higher inflation. дальше »

2021-6-8 18:00


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FBI Agent Recovers Private Key to $2.3M in Bitcoin Paid to Colonial Pipeline Hackers

U.S. law enforcement officials from the Justice Department on Monday announced the seizure of $2.3 million dollars worth of crypto assets that were paid to the Colonial Pipeline hackers. Deputy Attorney General Lisa Monaco explained during a news conference that federal agents “recaptured the majority of the ransom Colonial paid to the Darkside network.” FBI […] дальше »

2021-6-8 02:13


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Federal Reserve Bank President Says Most Cryptocurrencies Are Worthless

The president of the Federal Reserve Bank of St. Louis, James Bullard, says that most cryptocurrencies are “worthless. ” He noted that if “cryptocurrency can facilitate transactions that are difficult to make in conventional currencies, then they will have a purpose and might circulate alongside the nation-backed currencies. дальше »

2021-5-27 02:00


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US Regulators Urgently Working on Joint Cryptocurrency Regulation: Fed’s Quarles Says It’s ‘High Priority’

U.S. government agencies are urgently working together on a joint regulatory framework for cryptocurrencies, Federal Reserve Vice Chair of Supervision Randal Quarles has confirmed. “We along with the OCC and the FDIC are engaged right now in what we are calling a sprint in seeking to pull together views on” crypto regulation. US Agencies Collaborating […] дальше »

2021-5-26 17:00


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Fed Begins to Taper QE- US Central Bank Removes $351 Billion in Liquidity via Reverse Repos

After pumping extreme amounts of liquidity into markets, the U.S. Federal Reserve seems to be tapering back monetary easing policy via reverse repos (RRP). Following this week’s published minutes report from the Fed’s April monetary policy meeting, it seemed as though members of the central bank were prepared to discuss rolling back large-scale Treasury and […] дальше »

2021-5-23 23:00


Federal Reserve Is Moving Forward with its Digital Dollar Plan; Starting with Publishing a Paper on CBDC

Talking about stablecoins' potential to enhance the payments system, Chairman Jerome Powell said they also “carry potential risks” to its users and the broader financial system. The post Federal Reserve Is Moving Forward with its Digital Dollar Plan; Starting with Publishing a Paper on CBDC first appeared on BitcoinExchangeGuide. дальше »

2021-5-21 16:00


FTC Data Reveals Big Jump In Crypto Investment Scams, Losses Totaling $80M

A new consumer protection data spotlight from the U.S Federal Trade Commission (FTC) revealed that consumers lost more than $80 million to cryptocurrency investment scams since October 2020. Millennials Lost More Money to Scams Data compiled from the last quarter of 2020 and the first quarter of 2021 showed that almost 7,000 investors were swindled […] The post FTC Data Reveals Big Jump In Crypto Investment Scams, Losses Totaling M first appeared on BitcoinExchangeGuide. дальше »

2021-5-19 21:01