The website leads to a phishing page that could drain user funds, but the actual protocol remains unaffected. Source
Compound Finance Site Compromised in Phishing Attack
Tag: finance
Nigeria’s Finance Minister Urges SEC to Tackle Challenges in Regulating Cryptocurrency
The Nigerian Finance Minister, Wale Edun, has urged the newly inaugurated board of the country’s Securities and Exchange Commission (SEC) to address the complexities of regulating cryptocurrencies. He emphasized the need for stringent oversight to maintain market integrity in the capital market. Edun also highlighted the importance of staying informed and adaptable, especially in fast-evolving […] Source
Standard Chartered-Backed Zodia Custody Partners with Crypto Lending Firm Maple Finance
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…
Cryptocurrency and Blockchain – The Duo Transforming Finance
HodlX Guest Post Submit Your Post For the last few years, terms such as ‘cryptocurrency’ and ‘blockchain’ have become popular in the sphere of finance and IT (information technology). But what are these two, and how are they connected? Here we will explain these ideas further and establish how they are connected. Understanding cryptocurrency Cryptocurrency can be defined as a digital or virtual currency that has attributes of money and makes use of cryptography to secure the transactions. Cryptocurrencies are different from the government-backed currencies – known as fiat currencies…
How Memes and Gamification Are Changing Finance As We Know It
All that is happening — both in traditional and crypto finance — speaks to something emergent and powerful. After decades of obscure, obfuscated, straight-laced, ivory tower financial services, people are moving in an opposite direction. Discovering collective financial power and then applying that power to markets goes hand in hand with technologies that connect people on a daily, global basis (e.g. Reddit) and that democratize financial autonomy (crypto). All of this is wrapped up in humorous, meme-based communities and financial gamification that is, at the end of the day, simply…
Finance CEO Raoul Pal Says Crypto Will Reach $100 Trillion Market Cap
Raoul Pal, the co-founder and Chief Executive Officer (CEO) of Real Vision Group, has predicted that the global crypto market will reach a market capitalization of $100 trillion. The financial expert has maintained a strong bullish position for the future of the industry, outlining several reasons why he believes the market will jump 44X from its current market capitalization. Related Reading Crypto Market To Hit $100 Trillion Market Cap In a recent YouTube interview on the Blockworks Macro channel, Pal predicted that the total market capitalization of the crypto industry…
Is Solana A Good Buy? Finance CEO Predicts ‘Magnificent’ Autumn Rally
Raoul Pal, the co-founder and Chief Executive Officer (CEO) of Real Vision, a financial media platform, has indicated that Solana is on the brink of reversing its bearish trends. The financial expert has predicted a “magnificent autumn rally” for the cryptocurrency in this market cycle. Solana To Witness Major Autumn Rally Solana’s recent downward trend could potentially signal a great buying opportunity for investors who remain optimistic about the cryptocurrency’s future outlook. Being a popular supporter and long-term investor of Solana, Pal has expressed confidence in the cryptocurrency’s ability to…
Finance Titan Bernstein Predicts Bitcoin At $1 Million, Here’s When
In an analysis released Thursday, leading global investment firm AllianceBernstein with assets under management worth $725 billion significantly elevated its price target for Bitcoin, predicting the premier cryptocurrency will reach $1 million by 2033. This bullish outlook is underscored by a new wave of adoption via US spot Bitcoin exchange-traded funds (ETFs) managed by heavyweight asset managers including BlackRock, Fidelity, and Franklin Templeton. Bitcoin’s Path To $1 Million In 2033 Analysts Gautam Chhugani and Mahika Sapra from Bernstein outline a detailed scenario where they expect the assets under management in…
Thai Finance Minister Revokes Crypto Exchange Zipmex’s Licenses
The Securities and Exchange Commission (SEC) of Thailand announced Monday that the Thai Minister of Finance has revoked Zipmex’s digital asset exchange and broker licenses effective May 28, 2024. This decision, which followed the Thai SEC Board’s recommendation, was based on concerns over the crypto trading platform’s financial stability, inadequate management structure, and insufficient personnel, […] Source BitcoincryptoexchangeExchanges CryptoX Portal
Finance Guru Bill Miller IV
In his latest blog post titled “Why I’m Still Betting on Bitcoin,” financial expert and seasoned investor Bill Miller IV, CFA, CMT, Chairman and CIO of Miller Value Partners, reiterated his bullish stance on Bitcoin. According to Miller, who is the Chairman, CIO of Miller Value Partners and son of legendary investor Bill Miller III, Bitcoin remains in the early stages of a secular transition in global capital and governance perspectives. Bitcoin: It’s Still Early Miller’s analysis begins with a reflection on a thesis he first introduced in 2015 in…