In the latest warning, EU financial regulators have again warned that crypto investors can lose all the money they have invested in this sector as there are currently no measures to protect consumers.
ConsenSys raises $450 million is its latest funding round that has brought the company value to a staggering $7 billion. The amount raised will be used to upgrade company flagship product Metamask, hiring new employees, and bunch of other product upgrades.
Global investors are acquiring stakes in crypto firms and funds as the Russia Ukraine crisis threatens to further disturb the global financial landscape.
Despite facing criticism from all corners, El Salvador president Nayib Bukele has announced new proposals to makes his country a crypto heaven for foreign investors.
A special report by Wells Fargo’s Investment Insititute, titled “Cryptocurrencies—Too early or Too Late,” says that cryptocurrencies are viable investments but it is still early to get into it.
NEAR Protocol raises $150M in the latest funding round led by Three-Arrows Capital to accelerate the adoption of Web 3.0 technologies around the globe.
Twitter CFO Ned Segal believes that making corporate investments in cryptocurrencies is not a good option in current situations citing the volatility and the absence of accounting rules.
The UK Financial Conduct Authority (FCA) has warned consumers about advertisements on crypto assets investment promising high returns. The authority said that if investors are investing in these products without any research and understanding, they should be “prepared to lose all their money.”
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