Month: February 2022

KB Bank to launch South Korea’s first crypto investment fund

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Kookmin Bank is preparing to become the first bank in South Korea to offer crypto investment products to retail investors.  KB announced on Feb. 21 that it had formed a Digital Asset Management Preparatory Committee to determine product and strategy capabilities regarding digital assets and artificial intelligence investment funds. The bank expects to launch crypto exchange-traded funds (ETFs) and futures products. The committee will also assess risk and compliance issues for the investment funds. The plans were confirmed by KB’s Head of Index Quant Management Honggun Kim in the official release…

Ethereum Starts Recovery, Why The Bears Remain In Control

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Ethereum extended decline below the $2,800 support against the US Dollar. ETH price is correcting losses, but upsides might be limited above $2,800. Ethereum started a major decline below the $2,880 support level. The price is now trading below $2,800 and the 100 hourly simple moving average. There was a break above a major bearish trend line with resistance near $2,650 on the hourly chart of ETH/USD (data feed via Kraken). The pair could recover, but the bears might remain active near $2,800 and $2,880. Ethereum Price Extends Decline Ethereum…

Crypto Lender Nexo Terminates Interest Payments on New Deposits From US Clients – Bitcoin News

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Following the U.S. Securities and Exchange Commission (SEC) charging the crypto lending platform Blockfi with failing to register its retail crypto lending product and fining the firm $100 million, the crypto lender Nexo has announced it will no longer allow U.S. citizens to earn interest on new savings wallet top-ups. However, Nexo customers from the U.S. will continue to earn interest on their current savings wallet balances held prior to the announcement. Nexo ‘Reveals Big Savings News for US Customers’ Last week, the SEC cracked down on the crypto lending…

Bitcoin Investment Scam: Paano mo maiwasan? (AVOID THIS SIGNS)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Na Scam ka na ba? and paulit ulit na lang na naloloko sa mga investment na pinapasukan mo? Panahon na para malaman mo mga signs na scam na pala yan.. Watch it till the end para magkaroon kayo ng idea kung paano eto maiwasan. Ways kung paano makaiwas sa mga ibat-ibang investment scam, Bitcoin scam at iba pa, and sana hindi na ito maulit ito. Eto ung fake Jp Mercado Fb Account(Please Report) Scammer Account1: www.facebook.com/100018090415558 Scammer Account 2: www.facebook.com/100060786560520 Sali kana…

Former Cisco employee launches DAO to buy Denver Broncos

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A new decentralized autonomous organization (DAO) has been formed to raise money in an effort to purchase the Denver Broncos U.S. National Football League team for around $4 billion. BuyTheBroncos DAO aims to give fans a chance to own a piece of the team no matter their level of wealth. One of the organizers of the DAO, former Cisco employee Sean O’Brien, told CNBC on Feb. 19 that: “The purpose essentially is to establish an infrastructure so that fans from all walks of life can be owners of the Denver…

I'm earning over $10 a day with a CHEAP & QUIET Crypto Mining Rig?!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io I’m earning over $10 a day with a CHEAP & QUIET crypto mining rig, seriously the best form of passive income in the world is mining cryptocurrencies. Let’s review the iPollo mini Grin miner! Subscribe to VoskCoin – Learn more about buying a crypto miner – Learn more about Spectrocoin! Cook.Finance and their COOK token! Compass the Bitcoin mining marketplace – The most exciting thing about GRIN has been mining Grincoins since GRIN launched a few years ago, sure there’s the mimblewimble…

Credit Suisse data leak reveals decades of shady clients and activity

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Leaked data shows that until recently, Swiss bank Credit Suisse held accounts valued at more than $100 billion for sanctioned individuals and heads of state reportedly accused of money laundering. The New York Times reported on Feb. 20 that the data leak included more than 18,000 bank accounts. The data goes back to accounts that were open from the 1940s until into the 2010s, but not current operations. Among the account holders holding “millions of dollars in Credit Suisse” were King Abdullah II of Jordan and Venezuela’s former vice-minister of energy,…

JPMorgan Opens a Lounge in the Metaverse After Stating the $1 Trillion Market ‘Will Likely Infiltrate Every Sector’ – Metaverse Bitcoin News

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Global Investment bank JPMorgan says, “The metaverse will likely infiltrate every sector in some way in the coming years, with the market opportunity estimated at over $1 trillion in yearly revenues.” The firm has set up a lounge in Decentraland. JPMorgan on the Metaverse Global Investment bank JPMorgan recently published a report titled “Opportunities in the metaverse.” The report is authored by Christine Moy and Adit Gadgil. Moy is the global head of Liink, Crypto & the Metaverse at Onyx by J.P. Morgan. Gadgil is the head of e-commerce solutions…

Bitcoin Breaks $40K, Why Recovery Could Face Hurdles

Bitcoin extended decline below the $40,000 support against the US Dollar. BTC is correcting losses, but it might face resistance near the $39,500 zone. Bitcoin extended decline below the $40,000 and $39,500 support levels. The price is trading below $40,000 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $39,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could correct higher, but upsides might be limited above $40,000. Bitcoin Price Remains In Downtrend Bitcoin price…