Author: Davit Babayan

Indonesia Watchdog Blocks Cryptocurrency Lending Platform | NewsBTC

Indonesia’s Financial Services Authority, known as OJK, has identified and blocked almost 300 illegal peer-to-peer lending platforms, which includes one cryptocurrency firm.According to Nikkei, OJK’s investment alert unit joined hands with the IT ministry and local police to launch a Read More

Analyst: Stellar (XLM) Decreasing Supply Could Increase Chances of Exchange Delisting | NewsBTC

The Stellar Development Foundation’s (SDF) unanimous decision to burn XLM’s supply by half could spell troubles for the project, believes noted bitcoin maximalist WhalePanda.The anonymous trader on Tuesday said the cryptocurrency exchanges could start treating XLM as security, explaining that Read More

This Crypto Related Stock Surged 67% after Xi Jinping’s Blockchain Push

Hong Kong investors increased their exposure in a blockchain firm after China’s premier Xi Jinping endorsed the technology in his Friday speech.The stock value of Pantronics Holdings Limited (1611:HK), a Hong Kong-based electronic product manufacturing firm, climbed by up to Read More

Regulators can Shut Down Bitcoin Anytime: Bloomberg Editor | NewsBTC

Law enforcement authorities can shut down bitcoin anytime, according to Bloomberg Digital’s executive editor Joe Weisenthal.The media talent warned institutions against creating bitcoin-based investment products, stating that they could become a tool to take capital from fiat markets. Citing Bitcoin Read More

Bitcoin is Riskier for Retail Investors: Fidelity VP | NewsBTC

The bitcoin market is 90 percent retail-based. And that makes Fidelity Investments nervous about its very-own digital currency offerings, says the company’s Personal Investing President, Kathleen Murphy.The business executive said in an interview with CNBC Squawk Box that bitcoin is Read More

UK Consumers Lost $33.29M to Bitcoin Scams: FCA | NewsBTC

Consumers in the United Kingdom lost at least £27 million (~$33.29 million) to scams involving cryptocurrencies like bitcoin, reveals the country’s watchdog.The Financial Conduct Authority (FCA) said the amount of crypto- and foreign-exchange related crimes have increased by 74 percent Read More