Bybit bags provisional crypto license from Dubai regulator

Gate.HK plans a major overhaul to comply with regulations and aims to relaunch services after obtaining the necessary licenses.

All cryptocurrencies other than Bitcoin (BTC) were first described as altcoins for a single reason: There was a rise of projects that copied and pasted Bitcoin’s source code. The cryptocurrencies in the early stages weren’t unique enough to have a distinctive term, so “altcoin” (alternative coins) best fit their description. The community, at that point,…

The rise of the Metaverse has resulted in an entirely new digital economy, one defined by virtual experiences and interactions. In turn, metaverse ecosystems consisting of avatars are also emerging, allowing individuals to express themselves through digital customizable 3D characters. This idea was recently broadcasted to the mainstream when Facebook’s parent company, Meta, introduced a series…

Delaware-based asset manager Kryptoin Investment Advisors applied with the United States Securities and Exchange Commission (SEC) to launch a Bitcoin (BTC) Exchange Traded Fund (ETF) on Oct. 15.A Bitcoin ETF on the New York Stock ExchangeAccording to the filing document published by the SEC, the Kryptoin Bitcoin ETF Trust is meant to be traded on…

At the Tangle in Taipei on July 3, American economist and crypto sceptic Nouriel Roubini (aka “Dr. Doom”) and BitMEX CEO and co-founder Arthur Hayes didn’t agree on anything except that “Facebook’s Libra is not cryptocurrency.” One of the reasons on that is, while Roubini took for granted that the success of Bitcoin should be…

Yield farming has experienced a Cambrian explosion of sorts over the last few months, thanks in part to the emergence of various decentralized finance protocols. In its most basic sense, yield farming can be thought of as a process where users provide liquidity to DeFi protocols and are rewarded with a yield/return, usually in the…

The United States Department of Defense (DoD) is pursuing blockchain solutions for cybersecurity as part of its digital modernization strategy.The DoD released plans for blockchain tech in its four-year roadmap on July 12, entitled “DoD Digital Modernization Strategy: DoD Information Resource Management Strategic Plan FY19–23.”According to the report, the DoD’s research branch, the Defense Advanced…

The first Kusama parachain auction could happen by mid-June if the council votes in favor of a recently released tentative schedule. 4571 Total views 3 Total shares Polkadot and Kusama creator Gavin Wood has published a tentative schedule for the much-anticipated Kusama parachain slot auctions.  According to a blog post posted on Tuesday, the first…

Two thieves have destroyed the front wall of a deli in Canada after a failed attempt to steal a Bitcoin ATM. 1123 Total views 18 Total shares A delicatessen in the Canadian town of Kelowna, British Colombia has been severely damaged after two bumbling crooks attempted to steal a Bitcoin ATM installed in a store…