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UK banks hit by 10,000 crypto transfer complaints

UK banks hit by 10,000 crypto transfer complaints

1 week ago by Crypto InsightsCrypto

“Bank transfers represent a crucial on-ramp to add money to their account on our platform,” said Harries. “We are an FCA-registered crypto asset business, but are subject to the same blanket restrictions as the wider crypto asset sector.” Lloyds Banking Group, which includes Halifax and… Read More

Traders will soon have U.S. binary options on whether COIN, HOOD, MARA can hit their targets: Crypto Daily

Traders will soon have U.S. binary options on whether COIN, HOOD, MARA can hit their targets: Crypto Daily

3 weeks ago by Crypto InsightsCrypto

While traders spent this week watching bitcoin BTC$81,952.67 gyrate above $80,000 amid key U.S. inflation data, a decision from the U.S. Securities and Exchange Commission got far less attention. The (SEC) approved the listing of binary options tied to key performance indicators (KPIs) of 23… Read More

Ondo Finance hit by corporate control fight as founder’s mother seeks to oust CEO

Ondo Finance hit by corporate control fight as founder’s mother seeks to oust CEO

3 months ago by Crypto InsightsCrypto

According to the complaint, Allman appointed herself to the board, adopted an interim policy allowing ordinary business operations to continue, reaffirmed De Bode as president and requested basic corporate information, including a shareholder list, while expressing a desire to work collaboratively. The estate said those… Read More

AI models escaped OpenAI’s sandbox and hit Hugging Face. Crypto is where that gets dangerous

AI models escaped OpenAI’s sandbox and hit Hugging Face. Crypto is where that gets dangerous

3 months ago by Crypto InsightsCrypto

OpenAI caught the anomaly internally, while Hugging Face’s team detected and contained it. It called the incident “unprecedented,” and said extensive security steps will be put in place to prevent untoward incidents that may impact public systems or services. “We are implementing strict controls in… Read More

Digital credit market hit by record selloff as Strive CEO blames leverage liquidations

Digital credit market hit by record selloff as Strive CEO blames leverage liquidations

4 months ago by Crypto InsightsCrypto

The digital credit market suffered one of its sharpest selloffs to date on Thursday, with Strive Asset Management CEO Matt Cole describing the move as a leverage-driven liquidation rather than a sign of weakening credit fundamentals. Cole said it was “the most difficult day in… Read More

Bitcoin hit bottom at $59,000 marking end to the crypto winter, says Standard Chartered analyst

Bitcoin hit bottom at $59,000 marking end to the crypto winter, says Standard Chartered analyst

5 months ago by Crypto InsightsCrypto

The cryptocurrency market reached its definitive bottom for the currency cycle, Standard Chartered Analyst Geoffrey Kendrick said in a note on Friday. The cycle low is now locked in at $59,000 for bitcoin, a 53% drop from its Oct. 6 all-time high of $126,000, according… Read More

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