Fake crypto liquidity pools: How to spot and avoid them

Decentralized storage and computing network Aleph.im raised fresh funds to face Amazon Lambda as a decentralized alternative. 252 Total views 3 Total shares The competition among the computing networks is warming up, with decentralized players coming into the stage with backing from the crypto ecosystem.Decentralized storage and computing network Aleph.im completed a $10 million funding…

Sam Bankman-Fried's FTX crypto exchange will offer crypto derivatives products to institutional investors in Dubai with the new license. 90 Total views 2 Total shares Major global cryptocurrency exchange FTX is expanding operations in the United Arab Emirates by receiving a virtual asset license in Dubai.The license is apparently granted under a new cryptocurrency law…

The Bank of Japan is unlikely to raise interest rates again for the rest of the year, but it’ll be a "toss up" whether there will be another before March.

The recent launch of a nonfungible token (NFT) protocol on the Bitcoin mainnet has the crypto community divided over whether it’ll be good for the Bitcoin ecosystem. The protocol, referred to as “Ordinals,” was created by software engineer Casey Rodarmor, who officially launched the program on the Bitcoin mainnet following a Jan. 21 blog post.The protocol…

Mt. Gox founder Jed McCaleb is being sued by two traders who used the doomed exchange, court documents filed on May 19 show.Joseph Jones and Peter Steinmetz have accused the ex-CEO of fraudulently and negligently misrepresenting the exchange.The pair also allege that McCaleb was aware of “serious security risks” back in late 2010 or early…

The “Digital Asset Issuance” legislation will also create a regulatory body, and establish a legal framework for all digital assets. 1000 Total views 11 Total shares Own this piece of history Collect this article as an NFTEl Salvador has passed landmark legislation providing the legal framework for a Bitcoin-backed bond — known as the “Volcano…

The U.S. Treasury secretary emphasized the department’s crypto monitoring efforts at a House Financial Services Committee hearing Wednesday. 181 Total views 2 Total shares United States Treasury Secretary Janet Yellen told the House Financial Services Committee on Wednesday that her department is not seeing significant use of cryptocurrencies to evade sanctions placed on Russian oligarchs…