FTX crypto exchange wins license in Dubai to open local headquarters
Sam Bankman-Fried’s FTX crypto exchange will offer crypto derivatives products to institutional investors in Dubai with the new license. Go to Source Powered by WPeMatico
Month: March 2022
Gaming industry to have a ‘blockchain-connected’ future, studio execs say
“We believe strongly that there will be some element of play-to-earn or play-and-earn in most games within the next few years,” said WAX executive Michael Rubinelli. Go to Source Powered by WPeMatico
Bitcoin sees ‘mother of all consolidations’ as $40K BTC price squeeze fails
BTC price action is stubbornly sticking to a zone which has seen more on-chain volume than any other in Bitcoin’s history. Go to Source Powered by WPeMatico
Japan Asks Crypto Exchanges to Comply With Sanctions Restrictions — Penalty Includes 3 Years in Prison
Japan’s top financial regulator has asked cryptocurrency exchanges in the country not to process transactions subject to asset-freeze sanctions. The penalty for unauthorized payments to sanctioned persons includes three years in prison. Japan’s Financial Regulator and Ministry of Finance Ask Crypto Exchanges to Comply With Sanctions Restrictions Japan’s top financial regulator, the Financial Services Agency … Read more
Short term Bitcoin buyers transition to long term holders: Glassnode
Although long-term coin selling saw a marked increase last week, HODLing is still the preferred strategy as more of the short-term supply is becoming long-term supply. Go to Source Powered by WPeMatico
Argentinians Criticize IMF Requirement to Slow Down Crypto Adoption in the Country
Argentinian citizens involved in the cryptocurrency industry are criticizing a perceived anti-crypto requirement that the recent deal made with the IMF has introduced. The deal, which restructures and gives more facilities to the country to pay the $45 billion owed to the fund, also hints at a series of measures directed at stifling the growth … Read more
Inflation Hedging Coin Has Announced an International Video Production Contest
PRESS RELEASE. IHC token team just announced a contest of video content creation with a prize pool of 100 million IHC tokens among Youtubers. All Youtube content creators with above 5k subscribers can compete by posting a full explanatory video on “Inflation Hedging Coin” between March 15 and April 15. The preliminary qualification will be … Read more
Blockchain forensics firm finds millions in sanctioned crypto wallet
Elliptic has discovered a dubious crypto wallet with “significant crypto-asset holdings” in the millions of dollars. Go to Source Powered by WPeMatico
Binance awarded Bahrain crypto service provider license
The world’s largest crypto exchange will now provide various regulated crypto services to Bahraini citizens. Go to Source Powered by WPeMatico
Stablecoin Economy Nears $200B, UST Supply Jumps Higher, USDN Spikes 43% in 30 Days
During the last 12 months the stablecoin economy has grown massive and the current valuation today is only $13 billion away from tapping the $200 billion mark. This month, the two biggest gainers in terms of 30-day issuance include Terra’s UST jumping 29.9% and Neutrino Protocol’s USDN spiking 43.8%. Stablecoin Market Capitalization Continues to Swell, … Read more