FTX Convinced Poor People Their Money Was Safe in Crypto. It … – Jacobin magazine

LoginOur new issue on dealignment and democracy is out now. Subscribe today to get it in print!Many low-income people invested in the now-disgraced crypto exchange FTX. That’s because the exchange allegedly targeted poor and underbanked people and convinced them that FTX was just as safe as a regular bank.FTX did everything in its power to … Read more

Dutch central bank fines cryptocurrency exchange Coinbase 3.3 mln euros – Reuters

AMSTERDAM, Jan 26 (Reuters) – The Dutch central bank (DNB) has fined U.S. cryptocurrency exchange Coinbase (COIN.O) 3.3 million euros ($3.6 million) for failing to obtain the correct registration in the Netherlands before offering services.The fine mirrors one handed to Coinbase rival Binance in July.Coinbase said it disagreed with the DNB's decision, which it said … Read more

Crypto & NFT Today: The Latest News in Blockchain … – Innovation & Tech Today

January 29, 2023CHECK THIS OUTWelcome to another edition of Crypto NFT Today! If you enjoy cryptocurrency, NFTs, and riding emotional rollercoasters, this is the place to be. Are you ready for the crunch? Let’s go!His Majesty’s Treasury is searching via Linkedin for a head of the U.K.’s new central bank digital currency to head the … Read more

Cryptocurrency roundup for January 24: Cardano hit by a glitch, Central African Republic looks to… – Moneycontrol

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Ethereum's Vitalik Buterin Proposes 'Stealth Address' System to … – Cryptonews

Ethereum creator Vitalik Buterin has proposed a new “stealth address” system for Ethereum that would dramatically improve and simplify the workflow for achieving privacy for ordinary users.According to a blog post published by Buterin over the weekend and titled An incomplete guide to stealth addresses, the proposed system would bring the same privacy properties as … Read more

Why You Should Avoid Investing In Cryptocurrency In Retirement – Forbes

Is Crypto a good investment for retirement? (Photo by Chesnot/Getty Images)Many people feel that investing in cryptocurrency is a way to increase their retirement savings, but it is not without risks. Cryptocurrency is a highly volatile asset class with prices that can fluctuate wildly in a short amount of time. This makes it a risky … Read more

How the Feds Could Regulate Cryptocurrency Post-FTX Collapse – Entrepreneur

Signing out of account, Standby… Threats of impending cryptocurrency regulation have dominated headlines in recent months, but all is not lost for crypto investors. Here are a few protections that stand in the way of a federal crypto showdown.Each day seems to carry with it a new, ominous headline propounding the imminent demise of cryptocurrency. … Read more

Crypto firms acted like banks, then collapsed like dominoes – The Associated Press – en Español

NEW YORK (AP) — Over the past few years, a number of companies have attempted to act as the cryptocurrency equivalent of a bank, promising lucrative returns to customers who deposited their bitcoin or other digital assets. In a span of less than 12 months, nearly all of the biggest of those companies have failed … Read more