Gen Z Investors Favor Crypto, but Experts Warn Against Relying Solely on It
According to a joint report by the CFA Institute and FINRA, Gen Z investors prefer to invest in crypto due to their exposure to technology, social media, and easy investment access. However, experts warn that relying solely on crypto in an investment portfolio is risky due to its volatility.
SEC Chair Gary Gensler says crypto is all "hucksters, fraudsters, scam artists."
SEC Chair Gary Gensler says crypto is all "hucksters, fraudsters, scam artists."
Hong Kong's Greenlight for Digital Asset Trading Not a Sign of China's Crypto Reversal, Says Expert
Hong Kong has approved digital asset trading for retail investors, but this does not necessarily mean that China is opening up to crypto. Despite being a special administrative region of China, the world's second largest economy is not yet ready to embrace crypto.
X Ventures' Proof of Talk Summit to Set Roadmap for Future of Web3 Ecosystem
X Ventures, a German impact investment fund, is hosting a two-day conference called Proof of Talk in Paris on June 14th and 15th. The summit will bring together more than 85 influential figures from the Web3 ecosystem, including thought leaders, CEOs, founders, investors, and regulatory authorities.
BitDATA Exchange Launches Payment Option with GrabPay, Offering the Lowest Fee in Town.
BitDATA Exchange Launches Payment Option with GrabPay, Offering the Lowest Fee in Town.
UK Lawmakers Call for Immediate Crypto Regulations and Dedicated Official
The Crypto and Digital Assets All Parliamentary Group (APPG) in the UK has urged the government to introduce regulations for crypto financial services as soon as possible and to appoint a dedicated official to oversee the process.
EarnBIT Introduces Live Streaming for Real-Time Crypto Trading Education
EarnBIT is revolutionizing the way people learn about trading in the crypto market by offering live streaming directly within its trading environment. This 2-in-1 solution is particularly attractive to millennials and Gen Z, who are the most engaged in the crypto market. Users can join live streams from the trading UI, interact with peers via chat, and support their mentors through donations. EarnBIT Streaming also offers content creators a monetization channel and exposure to a growing target audience. The company's mission is to make the process of immersion in crypto as easy as possible, and its utility token EBT provides holders with discounted trading fees and other benefits.
Digital Currency Group and CEO Barry Silbert Request Consolidation of Class Action Lawsuits Over Alleged Crypto Winter Losses
Digital Currency Group (DCG) and its CEO Barry Silbert have requested the consolidation of two class action lawsuits over alleged losses during the crypto winter. The defendants argue that both cases have the same facts, legal issues, and class definitions, and consolidating them would promote judicial efficiency. They have also asked for the case to be transferred from New York to Connecticut. However, the plaintiffs in Connecticut have contested the move, arguing that it's premature to decide before the case in New York gets approved for transfer.
The Crusade of Molly White in Unmasking the Dark Side of Crypto
Molly White is a software engineer turned crypto pundit who advocates for transparency and caution in the volatile world of cryptocurrencies. Her blog, Web3 Is Going Just Great, sheds light on the dark underbelly of the industry by chronicling thefts, debunking marketing hype, and highlighting risks.
CFTC Proposes Rule Changes to Address Crypto Volatility and Digital Asset Risks
The U.S. Commodity Futures Trading Commission (CFTC) is proposing changes to its risk management rules, which will require firms to prepare for the volatility of cryptocurrencies and the risks associated with holding customers' digital assets.