Cryptocurrency Analysis and News Portal
The Hong Kong Monetary Authority (HKMA) is taking a decisive stance against cryptocurrency-related companies that falsely present themselves as banks. Hong Kong cracks down on crypto businesses The HKMA has issued a stern warning to cryptocurrency-related firms that are misrepresenting themselves as banks or describing their products as deposits. According to HKMA,
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The Hong Kong Monetary Authority (HKMA), the special administrative region’s central bank, has issued a warning to users that crypto businesses presenting themselves as banks and using banking terminology could be violating the region’s banking laws. In a press release, the HKMA said that the use of certain banking terms may
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The Hong Kong Monetary Authority has cautioned the public against crypto firms that describe themselves as banks or offer products termed as deposits. On Sept. 15, the Hong Kong Monetary Authority (HKMA) issued a public statement expressing concern over crypto companies labeling themselves as “banks” and offering what they describe as
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Bitcoin price keeps falling, now pushing down against support at $25,000 per coin. The recent sweep of lows has resulted in a
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Palo Alto Networks CEO Nikesh Arora has urged companies to modernize their cybersecurity systems, cautioning that bad actors have become much faster at breaching company defenses than ever before. Speaking to Jim Cramer on CNBC’s “Mad Money” on Aug. 21, the cybersecurity firm CEO said that companies with outdated security systems
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Bitcoin seems on the verge of seeing downside volatility during today’s trading session if bears can break current support. However, price action
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The Securities and Futures Commission (SFC) of Hong Kong issued a notice about unlicensed virtual asset trading platforms “engaging in improper practices,” warning of potential criminal charges.In an Aug. 7 notice, the SFC said certain trading firms had falsely claimed to have submitted applications for licenses in Hong Kong. The
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Federal Bureau of Investigation (FBI) recently issued a warning to potential NFT buyers to beware of bogus websites that use “drainer smart contracts” to steal from crypto wallets. The advisory informs the public about a new
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The Federal Bureau of Investigation has warned of criminal actors that are hijacking social media accounts and posing as legitimate people in the nonfungible token and crypto space. It also raised concerns over spoof websites that dupe victims into thinking they are using legitimate platforms in an effort to steal
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Binance CEO Changpeng 'CZ' Zhao warned his followers on X about a tricky and increasingly popular scam targeting the crypto community, in which fake wallet addresses are used to defraud users during transactions.The scheme generates addresses with the same starting and ending characters as the user's original address. Once the
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