Ripple chairman Chris Larsen cautioned investors on the risks of investing in Dogecoin. He likened it to gambling, adding that most people who gamble end up losing.Since blowing up off the back of the WallStreetBets movement earlier this year, a number of prominent figures in the crypto space, including Charles Hoskinson and Barry Silbert, have issued similar warnings.But … [Read more...] about Ripple chairman Chris Larsen has a warning for Dogecoin (DOGE) holders
Warning
Italian finance regulator issues warning on Binance crypto exchange
Italy’s securities market regulator, the Italian Companies and Exchange Commission (CONSOB), has issued a statement, in which it said that Binance Group and affiliated companies are unauthorized to provide investment services and operate in Italy.The regulator specified that the warning refers to Binance.com, the main website of the global crypto exchange. CONSOB went on to … [Read more...] about Italian finance regulator issues warning on Binance crypto exchange
The FBI issues warning to cryptocurrency users over growing threat of cybercrime
Several mainstream outlets are pushing the narrative that cryptocurrency is facing a new wave of cybercrime. According to Forbes, this is happening due to the rising valuation of cryptocurrencies.However, with environmental and mining FUD fresh on people’s minds, is this something that deserves special consideration?FBI warns cryptocurrency users of cyber threatThe Federal … [Read more...] about The FBI issues warning to cryptocurrency users over growing threat of cybercrime
UN commission serves new warning against BTC adoption in El Salvador
The Economic Commission for Latin America and the Caribbean, or ECLAC, a United Nations’ regional commission to encourage economic cooperation, is the latest regulator to raise concerns about El Salvador’s decision to accept Bitcoin (BTC) as legal tender.ECLAC executive secretary Alicia Bárcena has warned that El Salvador’s Bitcoin move poses a number of systemic risks as well … [Read more...] about UN commission serves new warning against BTC adoption in El Salvador
Poland financial regulator issues public warning about Binance
As Binance faces scrutiny from regulators around the globe, Poland’s finance watchdog has issued a consumer warning about the cryptocurrency exchange.On Wednesday, the Polish Financial Supervision Authority (PFSA) published a statement on Binance’s growing regulatory issues around the world, stressing that the company’s operations are unregulated in Central European … [Read more...] about Poland financial regulator issues public warning about Binance