Tag: Investors

MetaWeek in Dubai to bring together artists, NFT creators, investors, and blockchain Masterminds

A week-long event, set for March 7-10, 2022, will cover how paradigm-shifting technologies revolutionize and scale in industries like finance, art, cybersecurity, media and investment. Organized by NexChange Group, MetaWeek will run from 7th to 10th of March, 2022. The week’s central event, MetaWeek Summit, is scheduled March 8th and 9th and will take place at the Le Meridien Dubai Hotel & Conference Centre. Over the course of two days, the conference will cover the most discussed digital topics of the year: Metaverse prospects, NFTs creation and marketing, blockchain applications…

Fake alert! New projects pose as prominent brands to lure crypto investors

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Creating a new crypto project is dangerously easy: One needs to generate a token, pick a ticker, market it to the crypto community through coin information websites such as CoinMarketCap or CoinGecko, and then get it listed on decentralized exchanges or the thousands of new centralized crypto exchanges that will do almost anything for money. Malicious entities can simply think of a catchy brand name or, better yet, grab a prominent brand, and sauce it with additional keywords that could make crypto beginners think it’s related to its legitimate counterpart.…

Southeast Asia’s Largest Bank DBS to Launch Crypto Trading for Retail Investors – Exchanges Bitcoin News

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DBS, the largest bank in Southeast Asia, is planning to launch crypto trading for retail investors this year, the bank’s CEO has revealed. He added that in the first half of this year, DBS will focus on making “access to digital assets a lot more convenient.” DBS Bank to Offer Crypto Trading to Retail Customers DBS, the largest bank in Southeast Asia by assets, is planning to launch cryptocurrency trading services for retail clients this year. During the bank’s fourth-quarter earnings call Monday, CEO Piyush Gupta was asked whether DBS…

Crypto investors hedging out risks ahead of March rate hike

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On-chain data analysis from Glassnode shows that Bitcoin investors are hedging out risks in order to stay protected against Federal Reserve interest rate hikes in March. Glassnode’s The Week On-Chain newsletter from Feb. 14 indicates that the most significant trend in Bitcoin (BTC) right now is the flat futures term structure through March. This is strongly attributed to “investor uncertainty regarding the wider economic impact of a tighter US dollar.” The rate hike is already priced in to spot markets, according to Cointelegraph contributor Michaël van de Poppe, but the…

Why Investors Have Been Slow to Trust Security Tokens

The security token industry is moving fast to educate stakeholders about the benefits of investing in deals listed on the blockchain. But adoption has been slower than expected due to regulatory hurdles and low quality security issuance. Scaling fast is critical to uphold the promise of greater liquidity in the trading of security tokens. Source

Investors underestimate Bitcoin’s “huge upside potential”, Fidelity researcher says

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Chris Kuiper, Head of Research at Fidelity Digital Assets, is convinced that Bitcoin (BTC) should be treated separately from other digital assets and believes it plays an exclusive role in investors’ portfolios.  Fidelity Digital Assets’ latest report, titled Bitcoin First, targets two main concerns that Fidelity’s clients have raised towards BTC — eventually being replaced by some other cryptocurrencies and lower upside potential left compared to other coins. According to Kuiper, BTC offers a unique value proposition as the most decentralized and censorship-resistant monetary network. That, according to him, is a…

Former Attorney Pleads Guilty to Bitcoin Fraud That Bilked Investors Out of $5M

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According to the charges, Reichenthal and Levine engaged in two fraudulent schemes. In the first one, in 2018, Levine induced a man to wire over $3 million to Reichenthal from an over-the-counter crypto broker to fund the purchase of bitcoin, which was never made. In the second, in 2019, Levine persuaded a Florida man to send over $2 million to Reichenthal for buying bitcoin, which he also never purchased. Original

Bitcoin Whales Exploited January Weakness As Ethereum’s Large Investors Took Profit: Crypto Exchange Kraken

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Crypto exchange Kraken says crypto whales took diverging paths regarding their holdings of Bitcoin (BTC) and Ethereum (ETH) during the month of January. In a new report, Kraken first defines whale wallets as holding more than 1,000 BTC or 10,000 ETH, then dives into the data to reveal that while the number of Bitcoin whales fell, those who held also added more to their bags. “While the number of BTC whales trended lower in January 2022, the amount of BTC held by whale addresses rose from 7.916M to 8.013M by…