Month: October 2022

Binance CEO Changpeng Zhao Believes Decentralization Is Part of a ‘Gradient Scale’

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Changpeng Zhao, founder and CEO of Binance, the biggest cryptocurrency exchange by volumes traded, pondered the importance of decentralization and the relation it has with security and freedom. Zhao stated that there are several aspects of decentralization and that this is part of a gradient scale, explaining the different ways in which even Bitcoin can … Read more

The Dacxi Chain Unveiled as the World’s First Global Equity Crowdfunding Network

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PRESS RELEASE. The world’s first blockchain-based global equity crowdfunding network – the Dacxi Chain – has been unveiled. The Dacxi Chain is a unique global ecosystem that creates digital tokenized versions of company shares, which can then be quickly and easily bought and sold all over the world. Connecting investors, entrepreneurs and deal makers from … Read more

Russian Companies Are Using Crypto in Trade Despite Lack of Regulation, Officials Admit

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With limited access to global finances, Russian businesses have begun settling in cryptocurrency with their partners abroad. Although these are still small-scale payments, government officials have noted their increase, which comes even before authorities have decided how to regulate these transactions. Cross-Border Crypto Settlements on the Rise in Russia as US Dollar and Euro Payments … Read more

Dapper Labs Suspends NFT Operations for Russian Users Amid New EU Sanctions

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Canadian company Dapper Labs has blocked operations with non-fungible tokens (NFTs) for Russian accounts. The move follows a new round of sanctions recently imposed by the EU which prohibit the provision of crypto-related services to Russian residents and entities. NFT Platform Dapper Labs Conforms to Latest EU Restrictions Against Russian Federation Dapper Labs, the creators … Read more

Report: Hong Kong-Based Asset Management Firm Acquires Controlling Stake in Asian Crypto Exchange Huobi

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Li Lin’s controlling stake in Huobi, one of Asia’s largest cryptocurrency exchanges, was recently acquired by About Capital Management for an undisclosed sum. Huobi’s acquisition by the Hong Kong-based asset management firm came shortly after the crypto exchange had exited the Chinese market. Lin’s Arrest in 2020 a Key Event for the Huobi Founder The … Read more