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Day: December 6, 2023

  1. Home
  2. 2023
  3. December
  4. 06
  5. Page 2
  • bob
  • 2023-12-06
  • Cryptocurrency Exchanges
  • Cryptocurrency Market Analysis
  • Europe
  • Financial Scams and Security

Binance to Compensate Users for AEUR Price Surge

Cryptocurrency exchange Binance has announced that it will compensate users who were impacted by a recent price deviation in the Anchored Coins EUR (AEUR) stablecoin. The value of AEUR surged nearly 200% after it was listed on the platform, prompting Binance to suspend trading for the asset’s four trading pairs. Binance attributed the price deviation […]

Read More
  • bob
  • 2023-12-06
  • Cryptocurrency Exchanges
  • Cryptocurrency Market Analysis
  • Europe
  • Financial Scams and Security

Binance to Compensate Users for AEUR Price Surge

Cryptocurrency exchange Binance has announced that it will compensate users who were impacted by a recent price deviation in the Anchored Coins EUR (AEUR) stablecoin. The value of AEUR surged nearly 200% after it was listed on the platform, prompting Binance to suspend trading for the asset’s four trading pairs. Binance attributed the price deviation […]

Read More
  • bob
  • 2023-12-06
  • Asia
  • Cryptocurrency Market Analysis
  • Cryptocurrency Regulations
  • Financial Scams and Security

Hong Kong Regulator Bans Two Crypto Websites for Scamming Investors

Hong Kong’s Securities and Futures Commission (SFC) has banned two cryptocurrency websites, HongKongDAO and BitCuped, for allegedly scamming investors. The SFC took action after receiving information that the platforms were misleading users. HongKongDAO was found to have deceived users into purchasing a token called “HKD” and falsely claimed to have applied for licenses from the […]

Read More
  • bob
  • 2023-12-06
  • Asia
  • Cryptocurrency Market Analysis
  • Cryptocurrency Regulations
  • Financial Scams and Security

Hong Kong Regulator Bans Two Crypto Websites for Scamming Investors

Hong Kong’s Securities and Futures Commission (SFC) has banned two cryptocurrency websites, HongKongDAO and BitCuped, for allegedly scamming investors. The SFC took action after receiving information that the platforms were misleading users. HongKongDAO was found to have deceived users into purchasing a token called “HKD” and falsely claimed to have applied for licenses from the […]

Read More
  • bob
  • 2023-12-06
  • Company News
  • Cryptocurrency Innovations
  • Europe
  • Financial Scams and Security

French Bank Societe Generale Launches Euro Stablecoin on Ethereum Blockchain

Societe Generale FORGE, a subsidiary of the French banking group Societe Generale, has announced the launch of EUR CoinVertible (EURCV), a stablecoin tied to the Euro and issued on the Ethereum blockchain. EURCV is an ERC20 token designed to provide a low volatility cryptocurrency that maintains a stable value equivalent to the Euro. The stablecoin […]

Read More
  • bob
  • 2023-12-06
  • Company News
  • Cryptocurrency Innovations
  • Europe
  • Financial Scams and Security

French Bank Societe Generale Launches Euro Stablecoin on Ethereum Blockchain

Societe Generale FORGE, a subsidiary of the French banking group Societe Generale, has announced the launch of EUR CoinVertible (EURCV), a stablecoin tied to the Euro and issued on the Ethereum blockchain. EURCV is an ERC20 token designed to provide a low volatility cryptocurrency that maintains a stable value equivalent to the Euro. The stablecoin […]

Read More
  • bob
  • 2023-12-06
  • Asia
  • Cryptocurrency Regulations
  • Financial Scams and Security
  • Regulatory Developments

Hong Kong Regulator Warns of Suspected Crypto Fraud Involving BitCuped and HongKongDAO

The Securities and Futures Commission (SFC) of Hong Kong has issued a warning regarding suspected fraud involving two crypto entities, Hong Kong Digital Research Institute and BitCuped. The SFC stated that the Hong Kong Police Force has blocked access to the websites of these entities, as users could be deceived into making illegitimate investments. Cease […]

Read More
  • bob
  • 2023-12-06
  • Asia
  • Cryptocurrency Regulations
  • Financial Scams and Security
  • Regulatory Developments

Hong Kong Regulator Warns of Suspected Crypto Fraud Involving BitCuped and HongKongDAO

The Securities and Futures Commission (SFC) of Hong Kong has issued a warning regarding suspected fraud involving two crypto entities, Hong Kong Digital Research Institute and BitCuped. The SFC stated that the Hong Kong Police Force has blocked access to the websites of these entities, as users could be deceived into making illegitimate investments. Cease […]

Read More
  • bob
  • 2023-12-06
  • Cryptocurrency Market Analysis
  • Cryptocurrency Regulations
  • Government Policies and Cryptocurrency Adoption
  • World

Bitcoin’s Security Classification Sparks Debate in Crypto Community

The debate over whether Bitcoin should be classified as a security has resurfaced as the deadline for the approval of a Bitcoin exchange-traded fund (ETF) approaches. While regulatory bodies have categorized Bitcoin as a commodity, comments from Securities and Exchange Commission (SEC) Chair Gary Gensler have reignited discussions on its classification.Gensler’s recent remarks suggesting that […]

Read More
  • bob
  • 2023-12-06
  • Cryptocurrency Market Analysis
  • Cryptocurrency Regulations
  • Government Policies and Cryptocurrency Adoption
  • World

Bitcoin’s Security Classification Sparks Debate in Crypto Community

The debate over whether Bitcoin should be classified as a security has resurfaced as the deadline for the approval of a Bitcoin exchange-traded fund (ETF) approaches. While regulatory bodies have categorized Bitcoin as a commodity, comments from Securities and Exchange Commission (SEC) Chair Gary Gensler have reignited discussions on its classification.Gensler’s recent remarks suggesting that […]

Read More
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