Day: May 19, 2022

BITCOIN NEWS E PREVISIONI SETTIMANA da ricordare! CRO e CRYPTO.COM la nave affonda?

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Unilever Pursues Supply Chain Sustainability with Blockchain

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Read more: Are your products ethically sourced? How do you know? In this video, TechTarget’s Nicole Laskowski and Jim O’Donnell discuss GreenToken By SAP, a blockchain application that Unilever uses to improve the visibility of its supply chain. Subscribe to Eye on Tech: Stay up to date on the latest SAP news: Follow us on Twitter: Like us on LinkedIn: Like us on Facebook: #SupplyChain #GreenToken #Blockchain ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

CFTC Charges 2 Men With Running a $44M Crypto Ponzi Scheme

Officials with the Commodity Futures Trading Commission (CFTC) allege Sam Ikkurty (also known as Sreenivas I Rao), of Portland, Ore., and Ravishankar Avadhanam of Aurora, Ill., as well as several corporate entities controlled by the defendants, worked together to convince their victims to invest in a “so-called income fund invested in digital assets.” Source

Coinbase Outlines Cost-Cutting Measures, Employee Grants Amid Weak Results and Crypto Rout: Report

In its first-quarter earnings report, Coinbase reported lower-than-expected revenues, and a quarterly net loss of $430 million, compared with a profit of $840 million in the fourth quarter of 2021. The company said it expected about $1.7 billion of stock-based compensation expenses, up from $1.5 billion previously, citing “hiring trends and year-to-date acquisitions.” Source

G7 financial officials call on Financial Stability Board to step up crypto regulation—report

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The top financial officials from the Group of Seven (G7) largest advanced industrial economies has called on the Financial Stability Board to speed up crypto-asset regulation, Reuters reported Thursday, citing a copy of a communique it had obtained. The officials from Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States were meeting in Koenigswinter, Germany, following a G7 foreign ministers’ meeting earlier in the week. “In light of the recent turmoil in the crypto-asset market, the G7 urges the FSB (Financial Stability Board)…to advance the swift development…

Panama President Mulls Crypto Bill Approval Due to Money Laundering Concerns – Regulation Bitcoin News

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The president of Panama, Laurentino Cortizo, has declared he will not sign the recently approved cryptocurrency bill passed by the National Assembly of the country in its current form. Cortizo stated that one of his main concerns about the bill is the stance it takes regarding money laundering activities and crypto. Cortizo may approve some parts of the bill while vetoing others. Panama’s President Considers Crypto Bill Veto Laurentino Cortizo, the president of Panama, has announced his opinion regarding the recently approved cryptocurrency bill, and how it might…

Contrarian Bitcoin investors identify buy zones even as extreme fear grips the market

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Bitcoin (BTC) support at the $30,000 level has proven to be quite resilient amidst the turmoil of the past two weeks with many tokens in the top 100 now showing signs of consolidation after prices bounced off their recent lows. Fear & Greed Index. Source: Alternative.me During high volatility and sell-offs, it’s difficult to take a contrarian view and traders might consider putting some distance from all the noise and negative news-flow to focus on their core convictions and reason for originally investing in Bitcoin. Several data points suggest that…

Biden’s pick for Fed vice chair for supervision calls for congressional action on stablecoins

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Michael Barr, a law professor and former advisory board member of Ripple Labs who is United States President Joe Biden’s pick for vice chair for supervision at the Federal Reserve, called for U.S. lawmakers to regulate stablecoins in an effort to address “financial stability risks.” In a confirmation hearing before the Senate Banking Committee on Thursday, Barr said innovative technologies including cryptocurrencies had “some potential for upside in terms of economic benefit” but also “some significant risks,” citing the need for a regulatory framework on stablecoins to prevent the risk…