FCA cracks down on the ads of high-risk assets, but not crypto
British financial watchdog will tighten the guidelines for promoting high-risk products to individual investors. British Financial Conduct Authority (FCA) demands clearer and more prominent risk warnings from the companies marketing high-risk investments. Certain investment incentives, such as refer a friend bonus, will be banned altogether. In a note published on Aug. 1, the FCA has finalized stronger rules to “help tackle misleading adverts that encourage investing in high-risk products.” The regulator’s attempt to reduce the number of people investing in high-risk products follows a....
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Today we are starting a new feature, The Alt-Cracks. With a near endless stream of altcoins on the market, altcoin related stories are similarly endless. The Alt-Cracks, and yes, we realize the name is a little funny, will be an attempt to pick up all the stories in the altcoin space that either didn't necessitate their own story or for another reason, fell through the cracks. By no means is it intended as a comprehensive list. The altcoin space is endless. We will miss some stories, and we welcome any leads by altcoin devs, community leaders or users. Likewise, stories covered in their....
This week on the altcracks, we have a new feature. Coins newly listed on Bter, Cryptsy, C-Cex and Bittrex will be listed at the end of the article. Next week, depending on your reaction, we may include coins being removed or at risk of being removed from each major market. That information is a little harder to find, so let me know in the comments if you would be interested in it. This week, we have the debut of the NXT powered Nxtty chat and community app, XC members are wondering what is happening with the coin's developer premine, Ripple and Cryptsy are having issues, and Quark gets....
Italy is tightening its grip on the cryptocurrency market with a new draft decree set for approval this week. The move signals a stricter regulatory approach aimed at curbing manipulation and boosting oversight, aligning with the European Union’s broader push for crypto regulation. Related Reading: Bitcoin Miners Feeling The Squeeze: Reserves Dry Up To 14-Year […]
The second week of the Alt-cracks is a little late in coming, but as dozens of developers of dozens of coins tell their communities when features miss their target release date: better late than never. Darkcoin Exploit Discovered. Today, we have problems arising after Darkcoin's Darksend went open source, Charlie Lee dropping big hints about Litecoin, Unobtaium celebrates its birthday and a few releases and NXT is prepping for a big October. Darkcoin has been in the news a lot recently. First there was the price crash, then the price jump as it went open source. Now, we are seeing the....
A strong buying sentiment persisted across the cryptocurrency market as Bitcoin reached another year-to-date high on Monday.