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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NFT communities greenlight Web3 films: A decentralized future for fans and Hollywood
The traditional film industry is one of the most centralized and traditional of them all. Just a handful of movie studios and streaming conglomerates control the lion’s share of the global film market. But nonfungible tokens (NFTs) and a growing crypto-centric community of enthusiastic filmmakers might just disrupt the industry. Some independent projects offer a glimpse into…
Paxos ‘categorically disagrees’ with the SEC that BUSD is a security
Paxos said it will engage with the US securities regulator on the matter and is prepared to "vigorously litigate if necessary." 272 Total views 28 Total shares Own this piece of history Collect this article as an NFTPaxos Trust Company has released a statement noting that it "categorically disagrees" with the United States securities regulator…
Revolut launches business offering in Australia, seeks banking license
The crypto-friendly digital bank said the license would hold them to a higher “regulatory standard” that could give consumers confidence. 128 Total views 1 Total shares Crypto-friendly fintech firm Revolut has launched international payments-focused business accounts for clients in Australia, as it reportedly works to secure a banking license down under.The London-based firm offers a…
Freedom of speech isn’t a ‘trump card’ for Tornado Cash developers
Does code as freedom of speech mean that developers aren’t responsible for how their creations are used?
DEX volumes continue to surge even as Bitcoin and altcoins correct
Decentralized exchange volumes are on the rise as the pullback in the price of Bitcoin motivates some traders to book profits and rotate into altcoins. 301 Total views 9 Total shares Decentralized finance (DeFi) started 2021 by taking the cryptocurrency sector by storm and helping to kick the bull market cycle into high gear as…
Whale continues $154M dumping spree with 5K ETH deposit to OKX
Lookonchain wrote that the whale bought 1 million tokens during the Ethereum initial coin offering.
Roman Catholic Archdiocese of Washington, DC will accept crypto donations
Crypto donations platform Engiven’s page for the archdiocese includes the option to send funds anonymously using many tokens, from Ether to 0x. 249 Total views 20 Total shares The archdiocese of Washington, D.C. of the Roman Catholic Church will begin accepting donations in cryptocurrency as part of an effort to grow its ministries.In a Tuesday…
Price analysis 1/4: BTC, ETH, XRP, LTC, DOT, BCH, ADA, BNB, LINK, BSV
Bitcoin (BTC) price plunged by about $3,400 in an hour, warning traders that corrections during a parabolic move are likely to be sharp. Data from Glassnode shows that the fall resulted in the liquidation of Bitcoin futures long positions worth about $190 million on Binance within an hour, the largest to date.In a strong uptrend,…