‘We need to learn what regulation works and what holds us back’ — hedge fund exec
Jaime Baeza said that the fast-paced environment and regulatory uncertainty are some of the challenges institutions face in Web3. Go to Source Powered by WPeMatico
Month: August 2022
Organizations bring Africa, Costa Rica and Ukraine to the Metaverse to raise awareness
Web3 users will soon be able to experience Africa, Costa Rica and Ukraine in the Metaverse, as organizations recreate virtual environments with a purpose. Go to Source Powered by WPeMatico
Russian PM takes cue from Iran’s crypto payment permit for imports
The adoption of digital assets provides a good opportunity to ensure uninterrupted payments for imports and exports, Russia’s prime minister said. Go to Source Powered by WPeMatico
DEX accidentally hits ‘kill-switch’ on mainnet, locking 660,000 USDC inside
The deployment of a program upgrade went terribly wrong as a fateful “Solana program close” command stopped OptiFi’s platform indefinitely. Go to Source Powered by WPeMatico
Bitcoin and Ethereum Prices Continue to Recover After Weekend’s Correction, BTC at $20.3K, ETH Trading Above $1,550
After trading at the $21k and $1,600 levels last week and crashing to the $19k and $1,400 range over the weekend, Bitcoin and Ethereum prices are recovering once again. This Tuesday, Bitcoin’s price is up 3%, trading back above $20k, while Ethereum is up 9%, trading at $1,584. With a significant rise in the 24-hour … Read more
Bitcoin, Ethereum Technical Analysis: BTC Back Above $20,000 as Markets Rebound
Bitcoin was back above $20,000 on Tuesday, as bulls seemingly moved in to buy following the recent dip in price. The token dropped to a multi-week low over the weekend, however prices have now risen in back-to-back sessions. Ethereum was also in the green, as prices briefly recaptured $1,600. Bitcoin Bitcoin (BTC) was trading higher … Read more
Indonesian e-commerce giant buys local crypto exchange for $8 million
By acquiring PT Kripto Maksima Koin, the tech giant pursues a goal to become “a diverse money management hub.” Go to Source Powered by WPeMatico
More Than a Third of Africa’s 53 Million Crypto Owners Are From Nigeria, Study Shows
With an estimated 53 million cryptocurrency owners, the African continent now accounts for 16.5% of the global total, a study has found. The study findings suggest that Nigeria, which has more than 22 million crypto owners, currently accounts for more than a third of the continent’s total number of holders. Nigeria Accounts for Over a … Read more
Singapore state investor leads $100M round for crypto firm Animoca: Report
Both parties participated in a $200 million funding round for the Australian NFT Immutable in March 2022. Go to Source Powered by WPeMatico
Wanted Turkish crypto exchange founder detained in Albania
Albanian authorities have Faruk Fatih Özer in custody, waiting for questioning and cooperation with the Turkish government. Go to Source Powered by WPeMatico
