Kraken launches licensed crypto derivatives in Australia
Kraken expands into Australia’s crypto derivatives market with a regulated broker service for wholesale investors.
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UK government establishes central bank digital currency task force
The United Kingdom is the latest country to begin exploring the possibility of creating a central bank digital currency. 372 Total views 2 Total shares Her Majesty’s Treasury and the Bank of England have begun preliminary central bank digital currency studies that could result in the creation of a national digital currency.In a document published…
Malaysia’s Watchdog Orders Immediate Stop to Beauty Guru Lavidacoin Promotion
The Securities Commission (SC) of Malaysia has ordered an immediate halt to all promotional activities for the recently-launched Lavidacoin (LVC) pending further review, according to a September 5 notice on the SC’s website.According to local news outlet The Star, Lavidacoin was created by Malaysian cosmetics mogul and beauty guru Datuk Seri Hasmiza Othman, aka Dato’…
How to earn passive crypto income with Ethereum?
The cryptocurrency market is incredibly volatile, which can be both good and bad for investors and traders. Volatility creates opportunities for making profits, but it can also lead to losses. Passive income strategies, however, could be handy in offsetting these losses. Passive income strategies offer investors and traders opportunities to earn profits, even during challenging market…
Bancor DAO hit with class-action suit over impermanent loss protection promises
The pioneering DAO allegedly offered “risk-free” products that cost American retail investors tens of millions of dollars in losses. 122 Total views 1 Total shares A group of investors has filed a class-action suit against the Bancor decentralized autonomous organization (DAO); its operator, BProtocol Foundation; and its founders in the United States District Court for…
Amazon Presents Its Quasi-Blockchain Solution, Platform for Ethereum and Hyperledger Fabric
On Nov. 28, e-commerce giant Amazon announced two blockchain-related products: Amazon Quantum Ledger Database (QLDB) and Amazon Managed Blockchain. The company hence marked its further expansion into the field of blockchain technology, which started with blockchain-related patents and collaborations that Amazon has seemingly chose over working with cryptocurrencies, per se.So what are those new projects…
Binance Jersey shuts operations less than two years after launch
All accounts on Binance Jersey will be inaccessible as of Nov. 30. 1544 Total views 20 Total shares Binance, the world's largest cryptocurrency exchange, announced that it will soon close down its Jersey-based subsidiary, Binance Jersey.Binance launched its platform in Jersey as part of its expansion drive to tap into the European markets. On Jan.…
DYdX to launch decentralized order book exchange on Cosmos: KBW 2023
DYdX Foundation CEO Charles d’Haussy said that the exchange is taking a “new step forward” by decentralizing the order book. 272 Total views 2 Total shares Decentralized exchange (DEX) platform dYdX plans to offer a “purely decentralized” order book exchange as it migrates its ecosystem from the Ethereum network to the interchain network Cosmos.At the
Bitcoin’s ‘Bubble’ Cycle More Bullish Than Amazon’s Dot-Com Era Days
Bitcoin (BTC) recovered more swiftly from its bear cycles than Amazon did during the boom and bust of the dot com era, data from crypto analytics firm Messari reveals.Bitcoin’s 2019 breakout ‘extremely bullish’ by comparisonFellow industry analytics firm Ceteris Paribus shared Messari’s findings in a tweet on July 17:“The latest $BTC cycle mirrors $AMZN during the dot-com…