Dubai’s crypto regulator cracks down on unlicensed firms
Dubai’s Virtual Assets Regulatory Authority issued fines ranging from $13,600 to $27,200 to seven entities operating without licenses or breaching marketing regulations.
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Joint Coinbase-Circle Stablecoin Project USDC Listed on Competitor Kraken
Crypto exchange Kraken has added stablecoin USD Coin (USDC) to its list of trading pairs. Touted as “the world’s fastest-growing stablecoin,” USDC saw listing today on crypto exchange Kraken, per a press release provided to Cointelegraph on Jan. 8. USDC developed by Circle and CoinbasePayment company Circle, alongside crypto exchange powerhouse Coinbase, founded an endeavor called the…
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After Sudden Slump Last Week, Bitcoin Breaks $10,000 Again
The price of Bitcoin (BTC) has rallied over the past few days and has again crossed the $10,000 threshold.Bitcoin 7-day chart. Source: Coin360On Aug. 28, Bitcoin dropped $600 in the course of a half-hour — sinking below the $10,000 mark before slumping to a weekly low of $9,362 on Aug. 29. The price has slowly recovered…
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Future of finance: US banks partner with crypto custodians
Grayscale Investments’ latest report “Reimagining the Future of Finance” defines the digital economy as “the intersection of technology and finance that’s increasingly defined by digital spaces, experiences, and transactions.” With this in mind, it shouldn’t come as a surprise that many financial institutions have begun to offer services that allow clients access to Bitcoin (BTC) and…
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Hong Kong court orders financial disclosures in Mantra Chain dispute
The court said the DAO’s financial details should be known to both sides as they hash out ownership and control issues.
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FIFA launches NFT collection amid 2023 World Cup
FIFA NFTs, powered on Algorand, have totaled only $2.4 million in trading volume since their inception last September. Fédération Internationale de Football Association (FIFA), the international body governing international competitions of soccer, will launch its own nonfungible tokens (NFT) collection ahead of the 2023 Club World Cup in Saudi Arabia.According to the December 11 announcement
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ApeCoin surges 1,950% on South Korean crypto exchange Upbit
The APE/BTC trading pair reached an all-time high of around $90 apiece on the exchange. 478 Total views 4 Total shares Own this piece of history Collect this article as an NFTOn April 12, Yuga Labs' ERC-20 token ApeCoin (APE) briefly surged to $90.00 from around $4.20 apiece on the South Korean cryptocurrency exchange Upbit…
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Tottenham Hotspur taps Chiliz blockchain for Web3 fan token
Tottenham Hotspur will become the latest Premier League team to tap into blockchain technology to issue and manage its own Web3 fan token to drive supporter engagement and rewards.Spurs will issue the fan token through Socios.com, the fan engagement platform built on the Chiliz blockchain that has attracted over 80 major sporting teams from different
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Former CCP official apologies for ‘grave losses’ as a result of supporting crypto miner: Report
Former Chinese Communist Party member Xiao Yi seemed to speak with a very subdued voice from what appeared to be prison, apologizing for supporting a Fuzhou crypto mining firm. 236 Total views 17 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTXiao Yi, the former Chinese Communist Party secretary of Fuzhou, has…