RUNE rally: A closer look at THORChain’s new synthetic assets
A THORChain synth is unique: Backed by 50% of the underlying asset and 50% of RUNE instead of 100% of the actual asset. Go to Source Powered by WPeMatico
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Binance tells regulators it will cease operations in Ontario… for real this time
The crypto exchange admitted to operating in the province without registration after saying it would stop. Go to Source Powered by WPeMatico
Fact or fiction? Did ApeCoin (APE) really drop by 80% since launch?
Data shows vast APE price discrepancies ranging from $8 to $214 at centralized exchanges, but how likely is it that holders successfully traded the top half of that range right after the airdrop? Go to Source Powered by WPeMatico
Ukraine’s largest savings bank halts Bitcoin buys with hryvnia: Report
Despite Ukraine progressing with crypto regulation, locals are reportedly unable to buy Bitcoin using their bank accounts at PrivatBank. Go to Source Powered by WPeMatico
US Justice Department Returns Stolen Bitcoin to Victim of Government Imposter Scam
The U.S. Justice Department has seized bitcoin stolen from an elderly man in a government imposter scam and will be returning the cryptocurrency to him. “The fraudsters deceived the victim into believing his personal information had been used to facilitate a drug trafficking and money laundering scheme,” detailed the DOJ. DOJ Returns Bitcoin Stolen From … Read more
Altcoin Roundup: DeFi token prices are down, but utility is on the rise
DeFi token prices leave a lot to be desired, but the sector’s real benefit is the lending and liquid staking options, not the price of useless governance tokens. Go to Source Powered by WPeMatico
Binance unveils plans for world domination by buying up companies in every sector
In the wake of increasing regulatory scrutiny, Binance has sought to diversify its revenue streams and increase crypto adoption further by acquiring traditional companies in “each economic sector”. Go to Source Powered by WPeMatico
Thailand reportedly exempts 7% crypto tax for traders on authorized exchanges
The revised tax policy exempts crypto traders from the mandatory 7% VAT on authorized exchanges while offering tax exemptions of up to 10 years for crypto startup investors. Go to Source Powered by WPeMatico
Swiss crypto bank Sygnum secures in-principal approval in Singapore
Prior to the latest approval, Sygnum Singapore was only allowed to offer asset management activities with its CMS license. Go to Source Powered by WPeMatico
Fundraising Platform Says It Raised and Distributed 2 Million USDT to Ukrainians
A new fundraising platform whose objective is to help to raise funds for Ukrainians and the Ukraine military recently claimed to have raised 2 million of the stablecoin tether. Some of the donated crypto assets have been sent to the Ukrainian army and to a humanitarian fund that finances volunteers. Ukraine’s Crypto Donations Whitepay, a … Read more