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Over the past two years, the cryptocurrency industry has been growing at an accelerated pace. Hundreds of thousands of new investors have joined the market, including those who would never have had the opportunity to access traditional forms of investment.
American rapper, composer and music producer Akon intends to release the Akoin cryptocurrency to help the people of Africa. “I think blockchain and cryptocurrency can help Africa in many ways because it puts power back into the hands of the people, it makes the currency system secure, and it also allows people to develop,” the singer said.
Theft and fraud involving digital assets is nothing new in the world of cryptocurrencies. Hackers almost never miss an opportunity to make easy money. The number of thefts that have occurred only means that hackers are doing serious business and, regardless of where you are, as long as you have cryptocurrency, you should store it more securely.
Iran, following the example of North Korea, which began using Bitcoin during the economic crisis, is planning to do the same, given the difficult economic situation. Bitcoin is now more popular in the country than the national currency, the rial. In this regard, US State Department cybersecurity expert Morgan Wright believes that hackers will intensify Bitcoin extortion in the near future.
The Ukrainian government continues to develop a package of documents for the legalization of cryptocurrency transactions in the country. Now it’s time for mining.
Today the price of altcoins will return to the average price level
The US Securities and Exchange Commission (SEC) is set to review another pair of proposed ETFs from ProShares later this week.
The task force, led by exchanger Gemini, will hold its first meeting in September. At it, its members will discuss the possibility of creating a self-regulatory organization (SRO), whose task will be to monitor the growing US cryptocurrency market.
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