Australian Banks Are Ordered to Report on Crypto
Following the catastrophic collapse of Silicon Valley Bank, Australian banking regulators have advised financial institutions to exercise caution when engaging in cryptocurrency transactions (SVB). The Australian Prudential Regulatory Authority (APRA), according to sources, has further asked banks to provide detailed records of every transaction involving cryptocurrencies. This development emerged after a detailed study on the cost of living after COVID-19 …
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Ethereum’s Price is Susceptible to a Breakdown Due to Underperformance
The second-largest cryptocurrency in the world, Ethereum, is witnessing challenges when compared to the US dollar. The digital currency is susceptible to a breakdown due to underperformance. To learn more let us delve deeper into the matter. Possibility of a Break Below $1,796.72 Due to Ethereum’s incapability to overcome the $1,840 resistance level, there are concerns that the price may …
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Elon Musk Takes a Dig at those Who Call Crypto a Scam as the Two Leading Banks Collapsed
The world of cryptocurrency is full of uncertainties. However, this week the traditional banking industry witnessed some high-profile losses with the crash of two major banks, leading critics to question the stability of the traditional financial system. One of the major criticisms was made by Tesla CEO Elon Musk, following the crash he couldn’t hesitate a little trolling those high-profile …
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The Recent Cyber Attack Shook the Employees of the World’s Largest Crypto Exchange CoinBase
The popularity of cryptocurrencies are expanding rapidly, but it appears that this popularity is turning into a curse for the exchanges as one of them seems to be under attack every other day. A new name has recently been added to this long list as a cybersecurity attack shook the employees of the popular cryptocurrency exchange Coinbase. Let’s explore the …
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