Hong Kong eyes DeFi, DAO spent $37M to help free Julian Assange: Finance Redefined
The Hong Kong government aims to expand its fintech dominance in DeFi and the metaverse despite challenges in the current landscape.
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Coinbase appeals SEC rulemaking petition denial as promised
Coinbase filed an appeal the same day its petition for a rulemaking on crypto used as a security was denied. 62 Total views 2 Total shares Coinbase is continuing its efforts to ensure adequate legislation on cryptocurrency used as securities. After the United States Securities and Exchange Commission (SEC) denied Coinbase’s petition for rulemaking on
The SEC Does Not Want Crypto ETFs — What Will It Take to Get Approval?
October has been a busy month in the race to register the first crypto exchange-traded fund compliant with the requirements of United States regulators. Following the Chicago Board Options Exchange withdrawing its proposal for VanEck/SolidX Bitcoin ETF earlier in September, the ETF filing from Bitwise Asset Management and NYSE Arca was turned down by the Securities and…
Bitcoin awaits Fed Powell speech as sellers cement $23.5K resistance
Bitcoin (BTC) preserved its active trading range into the Feb. 1 Wall Street open as markets looked to the day’s key macroeconomic data.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$23,500 becomes the level to beat for Bitcoin bullsData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it continued to move in a narrow corridor around…
Paxos Says It Has Issued $50 Mln of Recently-Launched Dollar-Backed Stablecoin
Blockchain Trust company Paxos has issued around $50 million worth of its recently launched U.S. dollar-backed stablecoin, according to a Tweet from a senior employee October 15.As previously reported, the Ethereum (ETH) blockchain-based stablecoin, dubbed Paxos Standard Token (PAX), sealed regulatory approval from the New York State Department of Financial Services (NYDFS) in early September.Data…
China’s ‘point running’ crypto scams, pig butchers kidnap kids: Asia Express
Chinese crypto noobs are being tricked into laundering funds for ‘rewards’ — and pig butchering scammers are kidnapping kids: Asia Express.
Research: Coinbase U.S. Dollar Volume Hits One-Year Low in Third Quarter of 2018
In the third quarter of 2018, San Francisco-based cryptocurrency exchange Coinbase’s U.S. dollar volumes hit a 1-year low, according to a recent analysis of Diar published October 8.According to the diagram below, in the third quarter of 2018 the U.S. dollar volumes on Coinbase dropped to the lowest level during the past year. Compared to…
Could XRP price lose another 70% by Q3?
A descending triangle breakdown coupled with XRP's correlation with Bitcoin can put downward pressure on price. 1542 Total views 5 Total shares Ripple (XRP) continued its correction trend on April 25, falling by 5.5% to reach $0.64, its lowest level since Feb. 28.More XRP price downside ahead?The plunge increased the possibility of triggering a bearish reversal…
CoolBitX Partnering with Elliptic to Address FATF’s Travel Rule
CEO Michael Ou says Elliptic’s wallet screening tools with CoolBitX’s Sygna Bridge could help firms comply with the FATF travel rule. 1092 Total views 11 Total shares FinTech company CoolBitX may have a solution for countries that have not yet complied with the Financial Action Task Force’s “travel rule”. According to a statement from CoolBitX shared…