UK Finance has confirmed four new appointments to the UK Finance Board – which are all effective as of July 1, 2021. Matt Hammerstein,...

COMP, the governance token of a decentralized lending protocol, has increased by 21% in the past 24 hours.

Spam calling is rampant in the United States. American citizens are inundated with over 175 million robocalls every day. It’s gotten so annoying that 90% of people refuse to pick up for unknown callers. The problem is more than annoyance: phone scams cost Americans $10 billion in 2020 alone.    The problems at the receiving end of spam calls are well known. Less talked about are the issues spam callers cause legitimate businesses. When a scammer spoofs the number of a real business, it destroys their number’s integrity. Since spoofing is currently so difficult to trace, cases are near impossible

The organization denies that it participated in the alleged pump-and-dump scheme, but has dropped and suspended players that promoted the coin in question.

FaZe Clan has removed Kay from the organization, and has suspended Jarvis, Teeqo, and Nikan “until further notice” following an alleged scam that...

By Tom Wilson and Huw Jones LONDON (Reuters) - Britain's financial watchdog has barred major cryptocurrency exchange Binance from carrying out regulated activities,...

The South African Financial Services Conduct Authority is seeking to categorize digital currencies as a financial product after the massive $3.8 billion scam scare. FSCA categorizing digital currencies as the financial product would give it jurisdiction over the industry and allow it to protect investors who are becoming increasingly vulnerable to such scams. South Africa […]

Preventing fraud-related incidents, the British government began to crack down on the encryption industry. National Westminster Bank (NatWest) has tightened restrictions on cryptocurrency-related activities...

TL;DR Breakdown The regulatory pressure on digital assets has been increasing in the country of Britain. The NatWest Groups put a lid on the amount of fiat an investor can send to crypto exchanges. Various other banking firms have also done the same owing to several cases of scams and frauds. Along with crypto adoption […]

The buzzing world of Decentralized Finance (DeFi) has racked up its fair share of brickbats and bouquets ever since rising to popularity in 2020.

The post 5 ways to lessen personal and financial risks from DeFi exploits appeared first on CryptoSlate.

NatWest and other U.K. high street banks have ramped crypto curbs amid recent regulatory pressure on the sector.