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Crypto influencer warns Ethereum fees will drive users away

Prominent crypto influencer Lark Davis, or “The Crypto Lark,” has warned that Ethereum’s competitors will continue to syphon away users should Eth2 fail to launch soon amid ever-increasing gas fees.Despite predicting five-figure Ether prices in 2021, Davis’ Feb. 19 video, Davis asserts Ethereum’s skyrocketing fees has meant that only “rich

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New Zealand’s Financial Watchdog Warns on Crypto Investment Risks

New Zealand’s financial watchdog has sounded a warning whistle to cryptocurrency investors after bitcoin’s latest price drop.According to a report on Tuesday by the NZ Herald, the Financial Markets Authority (FMA) said New Zealanders who were considering purchasing cryptocurrencies needed to be aware they are “high risk and highly volatile”

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Jack Dorsey warns that FinCEN regulations will drive crypto users offshore

Major U.S crypto firms are rallying against FinCEN’s proposed regulations that would force businesses operating with crypto to gather information on the identities of non-customer counterparties.A Jan. 4 letter from Jack Dorsey, CEO of financial services firm Square takes aim at the proposal for seeking to impose reporting obligations that

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