News

Most Retail Crypto Investors Lost Money Over the Last 7 Years, According to BIS Analysis

Coins Legend February 21, 2023 0

According to data from the Bank for International Settlements (BIS), published in the latest BIS Bulletin No. 69, researchers assessed that, on average, most users lost money on their investments over the past seven years. Onchain data, metrics from exchanges, and cryptocurrency application

Regulation

SEC Warns Crypto Investors of Scammers Exploiting Their Fear of Missing Out on Social Media

Coins Legend August 31, 2022 0

The U.S. Securities and Exchange Commission (SEC) has warned about scammers exploiting investors’ fear of missing out (FOMO) on social media. “If a crypto investment ‘opportunity’ sounds too good to be true, it probably is,” the SEC cautioned. SEC Says Scammers Often Use Social Media to Defraud Investors The U.S. Securities and Exchange Commission (SEC) […]

Exchanges

Binance Launches New Platform for VIP and Institutional Crypto Investors

Coins Legend June 26, 2022 0

Crypto exchange Binance has launched a new platform for VIP and institutional investors. The VIP program allows Binance users to “get rewarded with more discounts and VIP privileges” as their trading volume climbs up VIP tiers. ‘Binance Institutional’ Launched Global cryptocurrency exchange Binance announced Thursday the launch of “Binance Institutional,” a new platform

Regulation

Swiss Regulator Urges Financial Watchdogs to Protect Crypto Investors

Coins Legend June 24, 2022 0

Crypto trading is increasingly similar to the U.S. stock market of the late 1920s, the head of the Swiss financial watchdog has remarked. The high-ranking official believes that regulatory agencies around the world should do more to ensure investor protection. Swiss Financial Watchdog Executive Calls for More Regulations for ‘Abusive’ Crypto Market Governments are still

Market updates

New Philippines Central Bank Governor: Crypto Investors Are Adherents of the Greater Fool Theory

Coins Legend June 22, 2022 0

The incoming governor of the Philippine central bank, Felipe Medalla, has suggested that people that invest in cryptocurrencies like bitcoin are adherents of the Greater Fool Theory. He also argued that people investing in cryptocurrencies are doing so because they want to “hide their money from the government.” A ‘Very Scary’ Investment Strategy The new […]