Cryptocurrency Analysis and News Portal
Following the record 7.5% high for January, the U.S. Labor Department’s Consumer Price Index (CPI) data shows February’s CPI metrics rose to 7.9%. The CPI data published on Thursday is a new 40-year high and month over month, inflation jumped by 0.8%. President Joe Biden is blaming the inflation spike
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Binance, the world’s largest cryptocurrency exchange by trading volumes, is making a strategic investment in the 104-year old magazine Forbes to improve consumer understanding of cryptocurrencies and blockchain.Forbes and Magnum Opus Acquisition Limited, a publicly-traded special purpose acquisition company (SPAC), officially announced Thursday securing a $200 million strategic investment from
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The U.K. government said it plans to strengthen the rules governing crypto ads to bring them in line with other financial assets.The rules will increase consumer protection at the same time as they encourage innovation, the Treasury said in a statement Tuesday.The Treasury published a consultation response, saying that proposed
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2021 was an exciting year for crypto, with several well-known — some unexpected — brands entering the crypto sector. Here’s looking at you, Charmin, and your toilet paper nonfungible tokens (NFTs). The year saw its fair share of moments that had crypto enthusiasts on the edge of their seats.While many
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Blockchain, metaverse and NFT technology are set to make a splash at the Consumer Electronics Show (CES) event in Las Vegas this week. The CES is an annual event that features exhibitions of the latest tech advancements and keynote speeches from giants such as LG, Samsung, Amazon, Nvidia and Sony.Innovation
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India’s central bank, the Reserve Bank of India (RBI), has warned about multiple risks cryptocurrency poses to the country’s financial stability. “They are also prone to frauds and to extreme price volatility,” the apex bank claims, stressing that “cryptocurrencies pose immediate risks to customer protection and anti-money laundering (AML) /
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The chairman of Australia’s Securities and Investments Commission (ASIC) says crypto is “being driven by extraordinary consumer and investor demand,” noting that “The implications for consumers are potentially huge.” The securities regulator is currently working with lawmakers to develop rules for cryptocurrencies. Regulator Sees ‘Extraordinary Consumer and Investor Demand’ for Crypto Australian
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The number of Litecoin (LTC) transactions has rebounded to over 140,000 in recent days after falling close to the 100,000 mark in early October. Three days prior, the Litecoin Foundation tweeted about the launch of its LTC Visa Debit card, powered by fintech firm Unbanked. According to the card's homepage, potential
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The Consumer Financial Protection Bureau has requested information about the payments products, plans and practices of Google, Amazon, Apple, Facebook, Square and PayPal.Oct 21, 2021 at 3:56 p.m. UTCUpdated Oct 21, 2021 at 3:56 p.m. UTCFacebook (Shutterstock) Original Source
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PayPal has announced the release of a new app billed to be a one-stop-shop for all of the digital payment needs of the company’s customers.As previously reported by Cryptox, PayPal CEO Dan Schulman stated back in July that the company’s super app was ready for a rollout in the United
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