Echoes of the terrible 1970s in Britain today

1970 Britain saw blackouts, three-day workweek Similarities in the origins of the current crisis and in 1973 Differences with the background of leadership, position with Europe LONDON, Aug 17 (Reuters) – Plans for a high-wage, high-growth economy are in shambles as Britain’s Conservative prime minister struggles to respond to a cost-of-living crisis compounded by growing … Read more

Crypto Derivatives Volumes Rise to $3.12 Trillion in July – CryptoCompare

Representations of cryptocurrencies are seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration Sign up now for FREE unlimited access to Reuters.com Record LONDON, Aug 11 (Reuters) – Cryptocurrency derivatives trading on centralized exchanges rose to $3.12 trillion in July, a 13% monthly increase, researcher CryptoCompare said on Thursday, as cryptocurrency prices show signs of … Read more

Australian Crypto Property Ensures Consumer Protection, Says Regulator

Representations of cryptocurrencies in this illustration taken on January 24, 2022. REUTERS/Dado Ruvic/Illustration/ Sign up now for FREE unlimited access to Reuters.com Record SYDNEY, Aug 11 (Reuters) – Almost half of Australian retail investors held cryptocurrencies at the end of 2021 and more got their information from YouTube videos than financial advisers, the securities regulator … Read more

Cryptoverse: Blockchain Bridges Fall in Troubled Waters

Representations of the cryptocurrencies Bitcoin, Ethereum and Dash are submerged in water in this illustration taken on May 23, 2022. REUTERS/Dado Ruvic/Illustration Sign up now for FREE unlimited access to Reuters.com Record Aug 9 (Reuters) – Another day, another hack and another blockchain bridge burned. When thieves stole an estimated $190 million from US crypto … Read more

Block Shares Fall After Crypto Winter Clouds Quarterly Results

Twitter CEO Jack Dorsey testifies during a remote video hearing conducted by the US House Committee on Energy and Commerce subcommittees on “The Role of Social Media in Promoting Extremism and disinformation” in Washington, USA, on March 25, 2021. US House of Representatives Energy and Commerce Committee/Handout via Reuters Sign up now for FREE unlimited … Read more

US Consumer Watchdog To Scrutinize Crypto Payments, Big Tech Moves Into Finance: Director

WASHINGTON, July 27 (Reuters) – The top U.S. consumer watchdog plans to examine the use of cryptocurrencies for real-time payments and increase oversight of big tech companies as they expand into the traditional financial sector, its director told Reuters. The Consumer Financial Protection Bureau (CFPB) will also publish a report this fall on BNPL or … Read more

Central African Republic digital currency finds few buyers

A general view shows a part of the capital Bangui, Central African Republic, February 16, 2016. REUTERS/Siegfried Modola/File photo Sign up now for FREE unlimited access to Reuters.com Record LONDON, July 26 (Reuters) – The sale of the Central African Republic’s first digital currency got off to a slow start, with just over 5% of … Read more

Analysis: Clients of Crypto Lender Celsius Face Long Wait for Their Funds

WASHINGTON/LONDON, July 15 (Reuters) – Clients of crypto lender Celsius face a long and anxious wait to find out how, when and even if they will get their money back after the company filed for bankruptcy, becoming one of the greatest victims of the crisis. crash in crypto markets this year. Citing extreme market conditions, … Read more

Factbox: Crypto lenders run into difficulties

The Celsius Network logo and depictions of cryptocurrencies are seen in this illustration taken June 13, 2022. REUTERS/Dado Ruvic/Illustration Sign up now for FREE unlimited access to Reuters.com Record July 6 (Reuters) – Crypto lenders, who flourished during the COVID-19 pandemic, have struggled recently due to a slump triggered by the crash of a major … Read more

Crypto Lender Voyager Digital Files for Bankruptcy

Stephen Ehrlich, CEO and co-founder of Voyager Digital Ltd., speaks during the Piper Sandler Global Exchange and FinTech Conference in New York City, U.S., June 8, 2022. REUTERS/Brendan McDermid Sign up now for FREE unlimited access to Reuters.com Record July 6 (Reuters) – Voyager Digital (VOYG.TO) said on Wednesday it has filed for bankruptcy, a … Read more