Binance-backed Magic Square IDO platform to democratize retail investor access
IDO launchpads are becoming a popular way to raise funds for projects, with some IDOs reaching nearly half a billion dollars.
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BaFin Orders Gold-Backed Token Issuer and Alleged Ponzi Scheme to Cease-and-Desist
The German Federal Financial Supervisory Authority (BaFin) has issued a cease and desist order to Karatbit Foundation to immediately stop unauthorized business in Germany. BaFin alleges that Karatbit Foundation is issuing the KaratGoldCoin (KBC) without the necessary license, according to a Nov. 11 announcement.Karatbit describes itself as a provider of a blockchain-based payment system that enables…

Bitcoin-friendly El Salvador can become the ‘Singapore of the Americas’: VanEck advisor
VanEck strategy advisor Gabor Gurbacs expects a wave of new investment capital and immigration will push El Salvador’s economic growth in the coming years. 114 Total views 1 Total shares El Salvador can follow Singapore’s lead and become a financial center in the Americas, according to Gabor Gurbacs, strategy advisor of investment management firm VanEck.“I

Fading power? Weak DOGE spike after Elon Musk makes McDonald’s offer
Erratic billionaire and Tesla CEO Elon Musk has offered to eat a kids meal from McDonald’s live on television if the fast food giant adds Dogecoin (DOGE) as an official payment method.“I will eat a Happy Meal on TV if McDonald’s accepts Dogecoin” said the SpaceX CEO in a tweet on Tuesday morning. In the…

Lightning to strike Shopify merchants with addition of BTC payments
Jack Mallers announced the new integration today at the Bitcoin 2022 conference and hopes to give more people access to what he sees as a better monetary system. 445 Total views 5 Total shares Chicago-based payment app Strike has integrated with global e-commerce giant Shopify so merchants can accept Bitcoin payments via the Bitcoin Lightning…

Wild Weekend for Bitcoin Price? US Lockdown Loosens on Memorial Day
Since dropping below the ascending channel trendline to $8,815 on May 21, Bitcoin (BTC) price has recovered 4.78%. BTC/USD continues to meet resistance at the 20-day moving average, obstructing traders’ desire to push the price above $9,300. Crypto market weekly price chart. Source: Coin360In the United States, this weekend includes the Memorial Day holiday, meaning traditional…

Bybit debuts AI-powered ‘TradeGPT’ for market analysis and data driven Q&A
Cryptocurrency exchange Bybit has released a free AI-powered trading assistant delivering insights from the platform’s market data. 269 Total views 1 Total shares Dubai-based cryptocurrency exchange Bybit has developed a language based trading tool that uses AI to generate trading insights and answer technical questions from its market data.TradeGPT is being touted as an AI-powered

NFTb launches NFT marketplace focused on environmental sustainability
The new marketplace is said to provide a more affordable option for artists launching digital artwork and other rare collectibles. It also lets them donate a portion of their proceeds to charities. 1965 Total views 22 Total shares NFTb, a nonfungible token platform built on the Binance Smart Chain, is launching a new version of…

Trump family may build ‘giant businesses’ on Ethereum — Lubin
While the new president has made no announcement, Consensys founder Joe Lubin pointed out some tell-tale signs, including World Liberty Financial’s recent Ether purchases.