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The Commodity Futures Trading Commission chief has declared unlicensed decentralized finance (DeFi) platforms illegal after searching for the term on Google. The post CFTC Commissioner Calls for Crackdown on ‘Illegal’ DeFi appeared first on BeInCrypto. origin »
Financiers from New York and London are said to be leading the private investment round, according to reports.
origin »Bitcoin has been struck by the bears for its third consecutive week. At the time of writing, BTC has lost two critical support zones at $35,000 and $32,000. The first cryptocurrency by market cap trades at $31,987 with a 10. origin »
Investors' appetite for gold increased as they assessed higher inflation and a major price crash in the Bitcoin market.
origin »MDEX is the world’s leading DEX exchange. MDEX uses P2P network to connect buyers and sellers together directly, and guarantees the best price for orders with 0 transaction fee, the lowest slippage on market and fastest transaction time. origin »
Cryptocurrency lending firm BlockFi is raising another funding from new and existing investors at a valuation of about $5 billion. The latest financing is not closed yet, and the valuation could grow. origin »
Mexico is following in the footsteps of its neighboring countries by embracing crypto. The country’s legislators are increasingly warming up to the nascent asset class. Reportedly, one lawmaker has gone as far as promising to submit a proposal to push for the adoption of cryptocurrencies. origin »
Kraken cryptocurrency exchange has announced its support for the Parachain Auctions, which is taking place on the Kusama “canary network” for Polkadot (DOT/USD). Following the launch, the exchange’s clients are now able to Parachain Auctions, slated to hold in the next few days. origin »
Bitcoin (BTC/USD) price bounced back on Wednesday after the El Salvador parliament voted to make the cryptocurrency a legal tender. The coin rose to $34,300, which was about 11% above its lowest level on Tuesday. origin »
Tim Wu, who is President Biden’s adviser on technology and competition policy, reportedly has most of his wealth on Bitcoin. According to the report, his recently filed financial disclosure revealed that he has over $1 million in cryptocurrency. origin »
Let’s not kid ourselves, a person like Steve Hanke has enormous incentives to defend the status quo. He’s benefited tremendously from it. It could be argued that his livelihood depends on Bitcoin failing. origin »
The investment bank appears to have done a U-turn on crypto with its backing… The post Blockdaemon’s $28M Funding Round Backed by Goldman Sachs appeared first on Coin Journal. origin »
The International Monetary Fund (IMF), a global intergovernmental organization that supports economic structures and finance in the world, is set to hold talks with El Salvador after it passed a Bitcoin bill today. origin »
The crypto trading platform Coinseed is shutting down operations according to a written statement from the company’s CEO Delgerdalai Davaasambuu. A court order secured by New York Attorney General Letitia James told Coinseed to halt all of its operations. origin »
Chinese Xinjiang with large amounts of fossil resources requires Bitcoin miners to shut down their operations origin »
Today, automatic trade dominates financial markets. People use special software, robots, and bots to optimize the trading process and maximize profits. The cryptocurrency market has not been left aside: all the techniques presented are also used here. origin »
The bill to make bitcoin legal tender in El Salvador has been approved by a supermajority in the Salvadoran Congress. “The purpose of this law is to regulate bitcoin as unrestricted legal tender with liberating power, unlimited in any transaction, and to any title that public or private natural or legal persons require carrying out,” […] origin »
El Salvador’s President Nayib Bukele has submitted a draft of the bill that would recognize bitcoin as legal tender in the country. The post El Salvador Adopts Bitcoin as Legal Tender in Monumental Ruling appeared first on BeInCrypto. origin »
A leading advisor to President Biden on technology and antitrust policy keeps a large portion of his wealth in the bitcoin and other cryptocurrency assets according to reports. The post White House Tech Advisor Holds Up to $5M in Bitcoin appeared first on BeInCrypto. origin »
The properties inherent to Bitcoin are deterministic, not probabilistic, and rely on the natural laws which make up our world. origin »
“We are going to lead the shift to crypto and fintech in Mexico,” said one senator.
origin »The mechanisms which create the conditions of freedom that bitcoin enables also create self-empowerment within HODLers. origin »
Crypto and blockchain industries need to play by the rules to realize their full potential, Concordium CEO says.
origin »"Most crypto, virtual currencies are designed to stay off the radar screen," said Charles Rettig.
origin »"The probability as more and more people keep using Bitcoin, it’s going to keep moving up," said Marc Lasry.
origin »Meme-based cryptocurrency, Dogecoin (DOGE/USD), has enjoyed a lot of hype in recent months. This has impacted heavily on the price of the token, gaining impressively in the market. Several early investors of the token have been made millionaires. origin »
The Parliament of the Republic adopted a law providing for the creation of infrastructure for accepting cryptocurrency payments in the country on an official basis. In the near future, the document of the law will be signed by the President of El Salvador Nayib Bukele. origin »
Various sources report that all search engine platforms in China have blocked results for major crypto exchanges origin »
First-ever cryptocurrency exchange joins Cardano (ADA) staking ecosystem with one million tokens origin »
Ripple's lawyers have objected to the SEC's attempt to extend the deadline for discovery in the Ripple case origin »
Cryptocurrencies have become such an issue with police in the UK that they are asking for more power to freeze digital assets in criminal investigations. The post UK Authorities Seeking Expanded Power to Freeze Crypto Assets appeared first on BeInCrypto. origin »
Employees of Payward, which operates US cryptocurrency exchange Kraken, work under a rigorous security regime, to preempt potential cyber attacks. The post Kraken Employees Work Under Rigorous Security Regime appeared first on BeInCrypto. origin »
MicroStrategy has raised its latest note offering, meant to fund additional bitcoin purchases, after receiving major interest. origin »
Kine Protocol, a decentralized derivatives trading platform, announced that it will soon launch on Binance Smart Chain (BSC). Kine is moving towards a multi-chain ecosystem to further expand its scope. origin »
New York Attorney General Letitia James secured a court order halting the operation of crypto trading platform Coinseed. The post Crypto Trading Platform Coinseed Forced to Shut Down appeared first on BeInCrypto. origin »
Donald Trump, the former US President, became the first president in US history to directly address cryptocurrencies during his time in office. Unfortunately, he revealed that he was not a fan. Now, even after leaving the office, it appears that the former President is still not done slamming Bitcoin (BTC/USD). origin »
Breaking $19,000 will be "very hard" for bears, say analysts at Whalemap, with this still allowing Bitcoin to dive below the $20,000 highs from 2017. origin »
Global policy, business, and academic think tank the World Economic Forum (WEF) released its decentralized finance (DeFi) policy toolkit today, as per a release this morning. The post WEF issues DeFi policy ‘toolkit’—and Colombia’s already planning to use it appeared first on CryptoSlate. origin »
The ETH/BTC exchange rate has surged by around 40% after bottoming out at 0.055 BTC. But the pair appears to be heading into a bull trap. origin »
The WEF’s policy toolkit for decentralized finance seeks to promote, fair, efficient, enforceable regulations for the emerging digital-asset marketplace. origin »
The U. S Internal Revenue Service (IRS) is bent on taking steps to crack down on cryptocurrency markets and transactions as it called out lawmakers to address tax evasion. IRS Wants $32M in Funding To Pursue Tax Evasion The IRS also requires funding to the tune of $32 million to pursue cryptocurrency tax evasion. origin »
Blockchain technology is being hailed as the solution to promoting global financial inclusion. As such, the global children’s charity UNICEF is contributing to these efforts through a venture fund that will give up to $100,000 to blockchain start-ups working on blockchain-based solutions. origin »
Since their inception, Stablecoins have changed the way we interact with and invest in cryptocurrency assets. Recently, due to favorable market conditions and an influx of new money, Stablecoins are now being minted at a record pace and are enabling spaces in Crypto such as DeFi, trading, and investment to flourish. However, many stablecoins onRead More origin »
Decentralized finance protocol Flare raised $11.3 million in another funding round supported by heavyweights in the crypto industry. Launched at the tail end of 2020, Flare, a Turing complete Federated Byzantine Agreement-based (FBA) network, announced Hong Kong-based firm Kenetic Capital led the round, including top venture capital firms such as Digital Currency Group (DCG) and […] The post Flare Network Raises Million in Funding to Bring Smart Contracts to All Blockchains first appeared on BitcoinExchangeGuide. origin »
Crypto regulation seems to be gaining traction across the globe. The latest is the Middle East nation Iran whose president has called for close monitoring of the burgeoning industry. Crypto Regulation Needed As Soon As Possible Iranian President Dr. origin »
Blockdaemon has been acquiring many institutional clients who are starting to allow their customers to buy Bitcoin and Ether before branching out to protocols that pay interest on tokens. The post Goldman Sachs Joins Blockchain Infrastructure Company’s Million Funding Round first appeared on BitcoinExchangeGuide. origin »
Cryptocurrency exchange Gemini has acquired cryptocurrency custody specialist Shard X. Per an official blog post, Gemini disclosed that it would use Shard X's multi-party computation (MPC) technology to speed up its efficiency. origin »
Ubitquity, a software platform geared towards the blockchain real estate sector, signed a letter of intent with Real Items to leverage its NFT technology. Real Items operates as an anti-counterfeit company running on blockchain technology. origin »
NASDAQ-listed Victory Capital Holdings plans to delve into crypto, a press release on June 9 states. Victory Capital Strikes an Exclusive Agreement with Hashdex Victory Capital is a global asset management firm that’s diversified, managing over $157 billion, according to the latest financial statements in late April 2021. origin »
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