Norwegian FSA sees urgent need for crypto investor protection

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[ad_1] Amid Bitcoin’s (BTC) drop to six-month lows below $30,000 on Tuesday, a Norwegian financial regulator warned investors that the cryptocurrency industry is largely unregulated in the country. The Financial Supervisory Authority of Norway, or Finanstilsynet, published June 22 a statement on consumer protection of crypto investors, emphasizing that the authority currently does not supervise … Read more

A16z taps Deutsche Telekom subsidiary as Celo validator

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[ad_1] The United States-based venture capital fund Andreessen Horowitz (a16z) has picked T-Systems MMS validator group, a subsidiary of Deutsche Telekom, to delegate its native Celo (CELO) assets. According to a notice on Deutsche Telekom’s website on Tuesday, T-Systems MMS is running the validator nodes via the company’s Open Telekom Cloud which reportedly delivers robust security … Read more

‘Say something, Elon Musk!’ Dogecoin sheds $70B in market cap since SNL

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[ad_1] Dogecoin (DOGE), Elon Musk’s pet favorite cryptocurrency, has shed tens of billions of dollars in value since he publicly plugged it on mainstream TV. As sources noted this week, the meme-based altcoin’s market cap is now $69 billion down versus where it was when the Tesla and SpaceX CEO hosted Saturday Night Live. Dogecoin: 6 weeks, … Read more

Why Do Some Tokens Grow by More Than 1000%?

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[ad_1] Introduction The world is a changed place when compared to how it was decades ago. The changes can be seen in infrastructure, technology, commerce, monetary systems, and much more. The rate at which development is catching up with the world is dynamic and of the latest inventions that are changing the way we live, … Read more