Bybit bags provisional crypto license from Dubai regulator
The Virtual Asset Regulatory Authority (VARA) has granted Bybit a non-operational license to serve retail and institutional crypto investors in Dubai.
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REVV motorsports ecosystem shifts to Polygon due to Ethereum gas fees
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Coinbase Has Tested Clearview Facial Recognition Software
Coinbase, the U.S. cryptocurrency exchange boasting over 20 million views per month and over 30 million total accounts, has tested Clearview AI facial recognition technology according to a BuzzFeed News report. However, Coinbase has denied that the test involved customer data.The controversial software has been the subject of intense scrutiny since a New York Times…
One Third of Institutions Have Invested in Crypto Says Fidelity
A survey published by Fidelity has found that more than one-third of institutional investors globally are exposed to crypto assets. 903 Total views 42 Total shares A Fidelity survey of 774 institutional investors found that more than one-third of firms worldwide have invested in digital assets or derivatives.While 36% of institutions own crypto globally, multinational…
Qtum Confirms Google Cloud Features Rollout to Improve User Accessibility
Decentralized blockchain platform Qtum is working with Google Cloud as a software partner to increase the ease of launching native products for users, the company confirmed in a blog post on May 2.Qtum, which like the Ethereum (ETH) platform focuses on smart contracts and decentralized applications (DApps), has already released a suite of developer tools…
EU Central Bank Won’t Add Bitcoin to Reserves — Says It’s Not a Currency
The European Central Bank (ECB) doubled down on its dismissive stance on bitcoin (BTC) July 9, refusing to recognize it as currency in a Q&A session.Responding to a private query as part of its regular interactive Twitter program, which it administers under the hashtag ‘#AskECB,’ the bank said it had no plans to add bitcoin…
Grayscale’s diversified crypto fund files to become SEC reporting company
Grayscale Investments has filed to make its $630 million diversified large-cap crypto fund an SEC reporting company. 1106 Total views 12 Total shares Grayscale has filed its third Form 10 with the United States Securities and Exchange Commission to convert one of its investment funds into an SEC-reporting company.Tweeting on Thursday, Grayscale announced that the…
Line shuts down crypto exchange to focus on blockchain and LN token
The Japanese messaging giant will still continue to support its Line blockchain ecosystem and the Link token despite the ongoing industry challenges. 977 Total views 14 Total shares The Japanese messaging giant Line has decided to shut down its cryptocurrency exchange business amid the ongoing crypto winter.Line-owned crypto exchange Bitfront officially announced on Nov. 27…