GameFi developer Gala Games to launch Web3 poker platform with PokerGO
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Switzerland to Require ID for Crypto Exchange Transactions Over $1K
The Swiss Financial Market Supervisory Authority (FINMA) passed an anti-money laundering provision on Feb. 7. Citing additional risk, the threshold for unidentified crypto exchange transactions is lowered from 5,000 CHF to 1,000 CHF (approximately $1,020 USD).The provision comes following the enactment of the new Financial Services Act and Financial Institutions Act, which came into force…
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Walmart Canada Rolls Out Blockchain-Based Freight and Payment System
Walmart Canada — the retail giant’s Canadian branch — has rolled out an automated blockchain-based network for freight tracking and payments management, according to a Nov. 14 press release.The new system, which was developed in collaboration with blockchain company DLT Labs, is designed to improve freight and payment processing, enabling users to automatically trace deliveries,…
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Top Crypto Traders Explain Where Bitcoin Price Will Go After $9,400 Rally
The price of Bitcoin (BTC) increased from $7,700 to $9,500 in merely 48 hours from Wednesday to Thursday, rising by more than 22%. The market has cooled down since, with the dominant cryptocurrency dropping back below $9,000.All key data points — such as spot market data, futures volume and institutional demand — suggest that the…
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Bitcoin rewards app Fold to go public on Nasdaq via SPAC deal
The Bitcoin-based cashback app will go public on the Nasdaq after a SPAC deal that’s expected to wrap up by the end of this year.
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Breaking: Binance Connect shutting down on August 16
A spokesperson said the move came in response to 'changing market and user needs.' 663 Total views 3 Total shares Binance Connect, the regulated buy-and-sell crypto arm of Binance exchange, will shut down on August 16. Cointelegraph confirmed on August 15 via an email with a Binance spokesperson. The same day, BNB Chain decentralized exchange Biswap…
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Declining DEX volumes reflect DeFi investors shift to Bitcoin — Data shows
All eyes are set on Bitcoin (BTC) as the digital asset continues to trek to a new 2020 high. Meanwhile, the hype around decentralized finance projects continues to die down, especially as token prices plummet. Data shows that trading volume for decentralized exchanges (DEXs) is dropping rapidly, further signaling the decline of the DeFi sector.The…
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‘Payments Four Times Faster Than Visa’: Network Fights Low Speeds and Threat of Lost Funds
Fraud, inefficient and expensive systems, a lack of transparency and slow transactions at busy times are a reality for many business networks around the world – inconveniencing merchants, their customers, and even the middlemen tasked with processing their transactions.Volume limitations have also frustrated retailers who may have considered turning to crypto, while a lack of…
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BTC bull Michael Saylor: Ethereum is ‘obviously’ a security
The MicroStrategy CEO argued that ETH is a security as it was issued via an ICO and its network has had many fundamental changes over the years. 680 Total views 27 Total shares MicroStrategy CEO and Bitcoin (BTC) bull Michael Saylor said that Ethereum (ETH) is ‘obviously’ a security as he doubled down on labeling…