Bitcoin’s rise above $62,000 could pull APT, WIF, FTM, and BGB higher
Bitcoin’s recovery above $62,000 is having a positive impact on altcoins, boosting prospects of a rally in APT, WIF, FTM and BGB.
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Connext, Alchemix launch cross-chain token standard to reduce bridge exploit losses
The two protocols will implement a standard for issuers to control the “canonical” minting of tokens, helping to reduce losses from unofficial bridges. 162 Total views 3 Total shares The Connext cross-chain bridging protocol has announced a new token standard to reduce losses from bridge hacks. According to a July 24 announcement, the new “xERC-20”…
Paxful restarts marketplace operations for the first time since April
Amid the suspended service, Ray Youssef said he had made his "final act" as CEO after helping unfreeze 88% of certain users’ accounts. 181 Total views 15 Total shares Peer-to-peer crypto marketplace Paxful has announced it is back online after suspending operations in April.In an update posted to its website, Paxful said its team had…
Malaysia Launches Work Visa Program for Blockchain Tech Professionals
Malaysia has launched a work visa program targeting tech freelancers that addresses a demand for blockchain capable talens, local news outlet the Star reported on June 18.The Malaysia Digital Economy Corporation (MDEC) — a government-owned organization that oversees the tech sector — blockchain organization Nem Foundation and job marketplace Jobbatical have jointly launched the program.The…
Crypto Taxation Around the Globe — What Do Regulations Look Like?
Upon its inception, Bitcoin was envisioned as a borderless currency that could be used by its owners without being affected by the regulatory impositions of any centralized agency or government body. And while this idea in itself is quite grand, the fact of the matter is that today's crypto owners (across the globe) are subject…
Crypto Exchange Coincheck’s Owner Monex Reveals Plans to Open US Trading Platform
Online broker Monex Group, which bought out hacked Japanese cryptocurrency exchange Coincheck this spring, plans to launch a U.S.-based trading platform, Cointelegraph Japan reported today, July 27. A summary of data from a financial briefing held Friday confirms plans to establish TradeStation Crypto Inc. as a cryptocurrency-focused subsidiary of securities brokerage firm TradeStation, which Monex…
Aave launches its permissioned pool Aave Arc, with 30 institutions set to join
The lending platform added a permissioned liquidity pool to its other decentralized offerings as a way to entice institutional participants to have regulatory compliance in DeFi. 1090 Total views 22 Total shares Decentralized lending platform Aave has launched its permissioned lending and liquidity service Aave Arc to help institutions participate in regulation-compliant decentralized finance.As opposed…
Russian users are welcomed by crypto exchanges in Kazakhstan, but there’s a catch
Some cryptocurrency exchanges continue onboarding Russian nationals despite the latest Western sanctions against Russia, but not without certain restrictions.In late September, Kazakhstan’s President Kassym-Jomart Tokayev witnessed the nation’s first regulated fiat-to-crypto purchase by a local commercial bank, the Eurasian Bank.The transaction involved a local crypto exchange called Intebix, which allows retail clients to buy crypto…
Double jump.tokyo signs up to layer-two scaling solution for NFTs
The alpha release will launch this month for Gods Unchained, opening up to double jump.tokyo and several other developers. 1554 Total views 17 Total shares Double jump.tokyo, the developer of popular blockchain game My Crypto Heroes, announced on March 25 that it will use the Immutable X platform to mint and trade nonfungible tokens, or…