FCA bans sale of cryptocurrency derivatives to retail investors

City watchdog bans sale of risky cryptocurrency-linked products to protect retail investors against shock losses FCA bans sale of derivatives and tracking cryptocurrencies from 6 January It said these financial products are ‘ill-suited’ for retail investors  They can put small investors at risk of ‘sudden and unexpected’ losses By Camilla Canocchi for Thisismoney.co.uk Published: 16:18 BST, … Read more

Millions of Britons now hold cryptocurrency like bitcoin

Not so long ago, sandwiched somewhere in between the EU referendum and the coronavirus pandemic, bitcoin and cryptocurrencies briefly became the hottest global topic. With prices soaring, many blindly took a punt, worried they would miss out on a chance for a quick and large profit – the only way was up and all that … Read more

Is the price of bitcoin set to surge after the cryptocurrency halved last month?

Be patient for big returns, bitcoin investors told… but its post-halving performance has dwarfed previous events in 2016 and 2012 Bitcoin has just been through its third halving – which cuts the reward for mining This has previously caused the price to reach all-time highs Between 11 May when the halving happened and June it … Read more

Hackers disrupt COVID-19 research by remotely hijacking supercomputers for cryptocurrency mining

Hackers disrupt COVID-19 research by remotely hijacking supercomputers across Europe to steal computing power for cryptocurrency mining Hackers infiltrated supercomputers across Europe to mine cryptocurrency The breaches were discovered over the course of the last week Many of those computers were being used to research COVID-19 vaccines  By James Pero For Dailymail.com Published: 20:09 BST, 18 … Read more

Malaria cure for coronavirus promoter is cryptocurrency hustler with fake Stanford University claim

The unproven claim that an antimalarial drug can cure coronavirus – called a ‘game-changer’ and a ‘gift from God’ by Donald Trump – has been promoted by a crypto-currency lawyer who has made a string of bogus claims, DailyMail.com can reveal. Gregory Rigano made a series of Fox News and conservative and Christian radio appearances … Read more