News stories tagged Crypto
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Decentralized Finance To Be Examined at Inaugural CFTC Tech Advisory Meeting
The United States commodities regulator is set to take a close look at the decentralized finance space at an upcoming meeting of its tech committee, where it has also invited crypto industry executives to present.
Fed Governor Michelle W. Bowman’s Speech on the Economy and Bank Supervision
Governor Bowman presented identical remarks to the Florida Bankers Association Leadership Luncheon Events, Tampa, Florida, on January 11, 2023. Thank you, Bill, and I’d also like to thank Alex Sanchez...
The Biggest Concerns within the US Financial Sector in 2022
October 13, 2022 — The value of digital payment transactions is growing as the world’s payment environment moves more and more away from cash. Over the past few years, BFSI...
FBI Report: More Than $1.26B Stolen from Crypto Sector in Q1 2022
Cyber Criminals Increasingly Exploit Vulnerabilities in Decentralized Finance Platforms to Obtain Cryptocurrency, Causing Investors to Lose Money SUMMARY The FBI is warning investors cybercriminals are increasingly exploiting vulnerabilities in decentralized...
Former Coinbase Employee Charged in First-Ever Crypto Insider-Trading Case
Cryptocurrency insider-trading case could have broad ramifications for industry. Federal authorities brought the first-ever cryptocurrency insider-trading case Thursday, accusing a former Coinbase Global Inc. COIN 5.43%▲ manager of tipping off his brother and a friend...
US Expansion for Huobi a Step Closer After It Secures a FinCEN License
It says users in the United States can expect digital asset services to come in the future. A subsidiary of the Huobi cryptocurrency exchange called HBIT Inc has received its...
Would You Accept an NFT as Loan Collateral? Some Lenders Already Have.
Can non-fungible tokens (NFTs) disrupt the lending market? And should credit unions, which are showing heightened interest in cryptocurrency, be entering this space as well? Article courtesy of Ray Birch,...
Crypto Scammers Pose as Journalists, NFT Projects on Twitter
Thieves rely on profiles that appear legitimate to dupe users Americans reported $1.6 billion in stolen crypto last year Internet scammers are using hijacked accounts on Twitter Inc. to promote dubious cryptocurrency...
Senators Demand Answers from Fidelity Over Plan to Allow Bitcoin As Part of 401(k) Accounts
Two senators are raising concerns following an announcement by Fidelity that it will allow customers to allocate bitcoin to their 401(k) retirement accounts. Sen. Elizabeth Warren (D-MA) and Sen. Tina...
Crypto: a SWOT Analysis for Credit Unions
Late last month, the Filene Research Institute published a report on “The Path Forward for Crypto: What Credit Unions Need to Know“. Cryptocurrencies offer innovative possibilities but also pose many...