Marvel Weighs Legal Move Against Crypto Startup’s ‘Wacoinda’ Plans

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The European Securities and Markets Authority published an opinion report for firms dealing with overseas firms to prevent them breaking the Markets in Crypto Assets rules (MiCA). ESMA wants to prevent unauthorized companies from finding loopholes to proactively reach out to EU clients. The European Securities and Markets Authority published some clarity on Wednesday for

news Nobody in the cryptocurrency space is thinking big enough. That was the message from bitcoin developer and former Kurdish YPG militia member Amir Taaki at Devcon 5, the annual ethereum developer conference hosted this year in Osaka, Japan. “I hear people talking about decentralized derivatives and mortgages,” Taaki said to an enraptured audience of hundreds on…

Dec 1, 2020 at 3:57 p.m. UTCUpdated Dec 1, 2020 at 3:58 p.m. UTCBanks Need to Adopt Crypto, NowThis year, crypto adoption in mainstream fintech has accelerated sharply. PayPal (PYPL), Revolut and Square (SQ) made much discussed moves. Recently, AllianceBernstein, a highly respected independent research house, published a report stating it has “changed their mind…

MIAMI BEACH, Florida – TBD, a division of Jack Dorsey’s financial-technology company Block (SQ), has launched a new open-source toolkit for its Web5 project, designed to make it easier for developers to create decentralized Internet applications.The collection of technologies includes tamper-proof, self-owned identifiers similar to email addresses or usernames called decentralized identifiers (DIDs); secure digital…

news Huobi Japan has received almost 500 million yen ($4.6 million) in investment from a Tokyo-listed company involved in leasing, real estate, insurance brokerage and mergers and acquisitions. According to releases from the company and the investor, Financial Products Group (FPG) purchased 499,968,000 yen worth of shares from the Japanese subsidiary of Singapore-incorporated Huobi Asset Investments…

Ledger, the Paris-based hardware wallet maker, has had a terrible week. And in large part, it seems they have themselves to blame.Things started out badly enough. Ledger’s May 16 introduction of the “Ledger Recover” seed phrase recovery service was greeted with skepticism from the crypto community, who worried about new security risks being introduced to…

Nexo co-founder Antoni Trenchev speaks at Consensus 2019. (Credit: CoinDesk archives)Crypto Lender Nexo Enters Prime Broker Race, Enlists Chainlink for AuditsCrypto lender Nexo is preparing to enter the prime brokerage space with Chainlink-powered audits that bring more transparency to its operations. The Swiss lender announced an integration with the oracle provider on Wednesday. Chainlink will…

Former users of the bankrupt Canadian crypto exchange Quadriga CX will soon get a check for 13% of their claim, according to a notice to creditors published late Friday by accounting giant EY.Documents from EY shows Quadriga’s estate owes CAD $303.1 million ($222.3 million) across 17,648 claims from creditors, including Canada Post and the country’s…