Cryptocurrency Analysis and News Portal
The Securities and Exchange Board of India (SEBI) has reportedly asked mutual fund companies not to get involved or invest in any type of crypto asset-based investments until the Indian government has come up with cryptocurrency legislation. SEBI Asks Mutual Fund Companies to Wait for Crypto Legislation The chairman of the Securities
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After opening a link that referred her to a WhatsApp chat, the scammer asked her to deposit money in her Chivo wallet to recover the funds. Vieytez put in $100, and was asked for more. She put in another $100 and, again, was asked for more. When the account had
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The Chairman of the Securities and Exchange Board of India (SEBI) Ajay Tyagi urged mutual funds to avoid investing in crypto-related assets as the government considers new cryptocurrency rules. Speaking at a press conference on Tuesday, Tyagi advised firms to refrain from investing in funds linked to crypto assets until
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Some of the money from El Salvador’s state-issued Chivo wallets is reportedly missing, according to many Salvadorans posting on social media.In a Dec. 16 Twitter thread started by user “the commissioner,” at least 50 Salvadorans have reported December losses totaling more than $96,000, following the setup of the Bitcoin (BTC)
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Investors in Africrypt, the now-defunct South African crypto platform, were recently reimbursed a portion of their invested funds. The payments were made by Pennython Project Management LLC as part of a settlement offer that potentially ends claims against Africrypt’s runaway directors. White Knight Investor Identity Revealed Investors in Africrypt, a collapsed South
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Bitcoin (BTC) lost momentum at $51,500 on Dec. 24 as traders weighed the odds of a "Santa rally" coming true for Christmas. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC sees potent long-term retestData from Cointelegraph Markets Pro and TradingView saw BTC/USD preserve its gains from Dec. 23, these totaling 6% with resistance
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Staking and farming platform Bent Finance joins the list to become the sixth crypto establishment to get hacked in December. The acknowledgment of the attack was followed by requesting investors to withdraw their pool funds and disabling the reward claims on the compromised platform. Bent Finance first realized the exploit on
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Following a 17-week run of inflows, outflows from cryptocurrency funds totaled $142 million during the seven days through Dec. 17, according to CoinShares, a digital-asset manager that compiles the industry data. The largest previous outflow on record was in early June, when net redemptions surged to $97 million. Original Source
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Russia’s central bank intends to prohibit mutual funds from acquiring crypto assets or related financial instruments. The proposal, which is in line with its hard line stance on decentralized digital money, comes after the regulator urged stock exchanges to avoid trading securities tied to cryptocurrencies. Central Bank of Russia Issues
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The Bank of Russia, the country’s chief financial regulator, issued new rules for the country’s mutual funds in a directive published Monday.Such funds cannot invest in digital currencies or in “financial instruments, the value of which depends on the prices of digital currencies.”In July, the regulator banned Russia’s stock exchanges
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