BDO exec on Treasury clampdown on crypto advertising: ‘We all knew this day was coming’ January 19, 2022 The Treasury outlined plans yesterday to legislate to address misleading cryptoasset promotions. Adverts will be brought into line with other financial advertising, ensuring they are fair and clear, with the new rules designed to increase consumer protection. “This is the day promoters of cryptoassets have known was coming for a long time, commented Adam Soilleux, [...]
Could Bitcoin be powered by volcanoes? January 18, 2022 | City Talk One topic at the forefront of crypto conversions in 2021 has been energy consumption. Due to record blockchain growth, coupled with the copious amounts of electricity needed to mine bitcoin and other assets, the quest for more renewable energy sources has become a top priority for an industry looking to lower its carbon footprint. For [...]
No Britcoin crypto: House of Lords says no to digital pound but Bank of England undeterred despite run on cash warning January 13, 2022 A bank run during economic downturns is a realistic scenario if an official British digital currency were to be created, a committee of peers has warned. The Lords Economic Affairs Committee said that the introduction of a central bank digital currency (CBDC) could pose “significant risks” in the UK. Bank of England officials are currently [...]
Google searches for ‘Sell Ethereum’ up 972 per cent following crypto plunge January 7, 2022 Analysis of Google search data reveals that online searches for “Sell Ethereum” exploded 972 per cent in the UK yesterday, the same day that the cryptocurrency dropped by over £300.
Want to buy an NFT with eToro? Here’s how December 29, 2021 | City Talk Although thousands of non-fungible tokens (NFTs) are sold every day, buying your first one can be confusing. In this quick guide, we break down how to buy an NFT using eToro, MetaMask, and OpenSea in five simple steps. Overview Buy Ethereum on eToro Download MetaMask Send Ethereum to MetaMask Connect to an NFT marketplace Buy [...]
Crypto pioneer Justin Sun plans $28m space flight with Blue Origin December 22, 2021 Justin Sun, the founder of crypto project Tron, has revealed he bagged a spot to fly into space with Bezos-owned Blue Origin at an auction.
Citi to hire 100 new staff in digital asset push November 23, 2021 International investment bank Citi plans to hire 100 new staff to bring digital asset expertise to the institutional side of the business.
Binance amps up global compliance efforts, deepens ties with Ireland November 23, 2021 Embattled crypto exchange Binance has said it will deepen its international ties as it seeks to buttress support for the platform.
New cryptocurrency named ‘JRR Token’ blocked by lawyers for Lord of the Rings creator Tolkien November 23, 2021 Lawyers representing the estate of Lord of the Rings creator JRR Tolkien have taken action against the developer of a cryptocurrency named “JRR Token”. Representatives of the Tolkien estate said the product, which was launched in August 2021, infringed the trademark of the world-famous author. The domain name “jrrtoken.com” was successfully recovered without opposition by [...]
The US’ largest grantmaker receives $274m in crypto donations November 16, 2021 As the world’s top digital assets flirt with new all time highs charities are receiving multi million dollar donations in crypto. Fidelity Charitable, the US’ largest grantmaker, has received more than $274m (£203m) in cryptocurrency contributions so far this year — nearly quadruple its prior record of $69m in 2017 according to a company spokesperson. [...]