It’s official: Binance secures a license to operate in Dubai
It becomes the company’s second license in a Middle East jurisdiction obtained this week. Go to Source Powered by WPeMatico
Month: March 2022
DeFi to reach mass adoption via institutional participation, DEX founder says
The DeFi industry must address scalability, liquidity and gas issues before serving more users, said Eric Chen, CEO and co-founder of Injective Labs. Go to Source Powered by WPeMatico
Kenyans Lost $120 Million to Cryptocurrency Scams in the Past Financial Year — Government Official
Kenyans are believed to have lost as much as $120 million to cryptocurrency scammers in the last financial year, a government official has said. The official, however, suggested the number of Kenyans losing funds this way can be reduced if the media helps by disseminating the right information. Media Told to Offer Guidance A Kenyan … Read more
Web3 will be key to the future of China’s internet, says security regulator
Yao Qian predicted that Web3 will reorganize the organizational form and business model of the Internet economy and offer a level playing field for all. Go to Source Powered by WPeMatico
Exodus crypto wallet starts trading on SEC-registered platform
Exodus reported nearly $96 million in revenues for the fiscal year of 2021, which is a 350% increase year-over-year. Go to Source Powered by WPeMatico
Bitcoin maintains $40K support as Fed confirms rate hike in 4 years
The Ukraine war is high on the Fed’s list of concerns, according to a statement released with the 0.25% rate hike. Go to Source Powered by WPeMatico
Aussie fintech to offer mainstream direct access to DeFi with a fixed rate
Taking the “heavy lifting” out of DeFi — Block Earner has received $6.4 million in seed funding and is ready to offer fixed yields from Aave and Compound to Australian investors. Go to Source Powered by WPeMatico
President Zelenskyy Signs Ukraine’s Law ‘On Virtual Assets’
President Volodymyr Zelenskyy has signed the law “On Virtual Assets” which aims to regulate the crypto market in Ukraine. The approval comes as his country is increasingly relying on cryptocurrency donations to fund its defense and deal with humanitarian problems amid an ongoing Russian invasion. Law Regulating Cryptocurrencies Approved by Ukraine President Zelenskyy Ukrainian President … Read more
Blockchain gamers see playing NFT games as a potential full-time job, says new survey
NFT gaming platform Balthazar’s chief executive said that “many are ready to quit their other jobs to play NFT games instead.” Go to Source Powered by WPeMatico
Bored Ape NFT holders to receive ApeCoin: ‘The Dogecoin of NFTs’
ApeCoin will be distributed among owners of BAYC NFTs and is set to be used as the “primary token” in a new ecosystem of play-to-earn games from Yuga Labs and Animoca Brands. Go to Source Powered by WPeMatico