CONSOB blocks another eight websites that offer financial and investment services. One of the services is, for instance, trading in cryptographic assets, currencies and CFD contracts. The regulator claims that the operation of the companies was illegal in Italy and that it has blocked nearly 150 websites of this kind over the past few months.
Blockchain-based games are gaining more and more popularity recently. CryptoKitties, for instance, turned out to be quite a sensation. Below is the list of other titles which might be interesting to you!
As a result of a growing number of cryptocurrency-based frauds and financial pyramids, the Ugandan Ministry of Finance warns against investing in crypto assets and pyramids. The government also plans to update its criminal code in order to prohibit such type of frauds.
IBM, a technology giant, has developed a unique tool that is supposed to automatize the process of concluding contracts for part-time jobs which will be beneficial for both employers and employees. And all that thanks to blockchain!
An investment platform, CurioInvest, together with the MERJ Exchange Ltd. is to provide a complete novelty to the market. The companies established a cooperation in order to issue tokens secured with collectible cars.
According to Deutsche Bank Research, the digital yuan designed in China could seriously challenge the hegemony of the US dollar. Researchers are also of the opinion that digital payments could ultimately be the reason of the plastic card's death.
A security flaw may be found even in hardware wallets. This time, Trezor was thoroughly scanned. There is no need to panic, though. See what a security flaw is and how to ensure the security of your own funds!
Bitcoin's price (BTC) is heading towards $10,000, noting at the beginning of 2020 a growth of over 30%. Simultaneously, another virtual coin, Tesla, achieved even better results when its shares reached the highest level in its history. Since the beginning of the year, the shares of Elon Muska's company have already increased by 51%.
While Ripple takes into consideration an IPO (Initial Public Offering), the cryptocurrency community is trying to figure out what effect it would have on the price of the Ripple's token, XRP. Some experts believe that the fact of Ripple's listing may actually devaluate the company's cryptocurrency.
The authorities of Dubai have announced that a cryptographic valley in the national Tax-Free Zone (no personal and legal income tax) will be launched. Thanks to the help of Swiss crypto-valley partners, Dubai will be offering different services, including startup incubators, blockchain trainings and coworking facilities.
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