CoinDCX’s Okto wallet secures operational license in UAE free zone
Self-custodial wallet Okto received its license under RAK DAO, an economic free zone dedicated to virtual assets.
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Live Streaming Startup YouNow Files SEC Filing for Compliant Token Earning for App Users
Live streaming startup YouNow, which created the decentralized digital video ecosystemProps in 2017 and is backed by Union Square Ventures, has filed a public offering with the United States Securities and Exchange Commission (SEC) for its Props token. The development was revealed in a press release shared with Cointelegraph on June 19.The YouNow app —…
Bitcoin derivatives favor further BTC price rally toward $30K
Despite regulatory pressure and worsening macroeconomic conditions, Bitcoin (BTC) demonstrated bullishness holding near $28,000 for the past week. Furthermore, professional traders have maintained leveraged long positions on margin and in futures markets, indicating strength.On the regulatory front, on April 4, the Texas Senate Committee on Business and Commerce agreed to move forward and remove incentives…
MakerDAO: Proposal to Lower DAI Stability Fee by 2% Executed
The decision to lower the so-called stability fee for MakerDAO’s Ethereum blockchain-based decentralized stablecoin DAI by 2% has been executed on May 28.The original vote for Maker (MKR) token holders was announced on the organization’s blog on May 17, with a proposal to decrease the stability fee by 2% to 17.5% per year. According to the announcement, the…
Coinbase junk bonds tank amid market rout and creditors’ fears
“Nothing about Coinbase changed this week, we are the same company we were yesterday, or a year ago. If anything, we are in an even stronger position given our balance sheet,” assured Coinbase CEO Brian Armstrong.
Is “The Howey Test” outdated? Modernizing regulations for the digital age
The rate and reach of cryptocurrency adoption in recent years signals the dire need for modern regulations that simultaneously safeguards investors and enables innovation to flourish. As it stands, most crypto tokens fall within a regulatory gray area as they don’t fit within the confines of the traditional financial system — so why should they…
Bitcoin price loses $60K support to hit 2-month lows
Bitcoin traders feel the sting of $160 million liquidations as BTC price returns to levels not seen since February.
Shiba Inu price drops 10% — SHIB sell-off risk soars amid WazirX $235M hack
SHIB is the biggest crypto by the US dollar value drained from WazirX’s wallet in the hacking incident that includes Pepe, Ether, and other cryptocurrencies.
Challenges Web3 developers encounter when using chatbots like ChatGPT
Chatbots have become all the rage for businesses of all sizes and industries as they offer a cost-effective and efficient way to improve customer experience and streamline operations. Did you know the chatbot market was worth around $435.2 million in 2018? Experts predict that the chatbot market will reach $2.3 billion by 2025. That’s a compound…