- Spark Newswire

2 minute read

Retail Investors Lost Half Of Bitcoin Investment: Why The Globe Should Coordinate Regulation

Today, 8:58 AM

Major cryptocurrency debacles of 2022 caused a surge in retail crypto trading. However, large investors sold their assets at the expense of smaller investors who were attempting to diversify their assets during moments of crisis, according to new data from the Bank for International Settlements (BIS).

$BNB

2 minute read

Scammers Cash In On ChatGPT’s Popularity: Fake Binance, Ethereum Tokens Flooding Market

By Murtuza Merchant

Today, 8:58 AM

The rise of the ChatGPT artificial intelligence chatbot has created a buzz in the tech world, and scammers are trying to exploit this trend by issuing fake tokens that are branded with the ChatGPT name. These tokens have no official association with the actual tool, and the scammers are taking advantage of the hype to make a quick profit.

$BNB

2 minute read

Hong Kong’s Securities Watchdog Proposes Allowing Retail Investors To Trade Big-Cap Cryptocurrencies

By Murtuza Merchant

Today, 8:58 AM

Hong Kong's securities watchdog, the Securities and Futures Commission (SFC), has proposed a policy that will allow retail investors to trade in large-cap cryptocurrency tokens, such as Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO:

$FTT

1 minute read

Dog Fight: Floki And Baby Doge Coin Compete For Meme Coin Crown As 1 Surges 396% In 30 Days

By Murtuza Merchant

Today, 8:58 AM

Meme coins, such as Baby Doge Coin (CRYPTO: BABYDOGE) and Floki (CRYPTO: FLOKI), are having a neck-and-neck battle in 2023.

$FLOKI

3 minute read

As Bitcoin Hits $25,000 Ceiling, Experts Say Investors Turning To Crypto As A Safe Haven

By Murtuza Merchant

Today, 8:58 AM

The world’s largest digital currency Bitcoin (CRYPTO: BTC) broke the $25,000 mark last week, reaching a new high for 2023, a stark contrast to November when the cryptocurrency saw a significant drop to a 2022 low of $15,742 following the FTX (CRYPTO:

$FTT

2 minute read

Former FTX Engineer Nishad Singh In Talks To Plead Guilty To US Criminal Charges

By Murtuza Merchant

Today, 8:58 AM

Nishad Singh, a former member of the inner circle of crypto exchange FTX (CRYPTO: FTT) co-founder Sam Bankman-Fried, is reportedly in talks to plead guilty

$FTT

1 minute read

USDC Unaffected By Recent Regulatory Action Against Stablecoins, Says Bernstein

By Murtuza Merchant

Today, 8:58 AM

A research report by Bernstein suggested the recent regulatory action taken against the Binance USD (CRYPTO: BUSD) stablecoin and its issuer Paxos is specific to BUSD and cannot be

$BUSD

2 minute read

Terraform Labs Founder Do Kwon Transfers 10,000 Bitcoin To Swiss Bank Amid Allegations Of Fraud

By Murtuza Merchant

Today, 8:58 AM

Terraform Labs founder Do Kwon is once again at the center of a high-profile cryptocurrency scandal, with the U.S. Securities and Exchange Commission filing a lawsuit against him and his company, alleging that they engaged in fraudulent activities that led to losses of at least $40 billion.

BTC

2 minute read

Berkshire Hathaway’s Charlie Munger Calls Cryptocurrency ‘Worthless,’ ‘Antisocial’

By Murtuza Merchant

Today, 8:58 AM

Continuing his disdain for cryptocurrency and its advocates, Berkshire Hathaway Inc (NYSE: BRK-A) (NYSE: BRK-B) Vice Chairman Charlie Munger said this week there is no rational argument for the digital assets and des

BRK-A

2 minute read

Taurus SA Raises $65M In Series B Funding Round Led By Credit Suisse, Deutsche Bank

By Murtuza Merchant

Today, 8:58 AM

Digital asset infrastructure provider Taurus SA on Thursday announced a $65 million Series B capital raise from strategic investors, including banking giants Credit Suisse Group AG (NYSE: CS) and Deutsche Bank AG (NYSE: