Tether CEO warns of new wave crypto airdrop scam emails, CoinGecko potentially affected
Cryptocurrency users should exercise extreme caution to crypto-airdrop-related emails received in the past 24 hours, according to Tether’s CEO.
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Perth Mint, InfiGold Launch Gold-Backed Token on Public Blockchain
Australia’s largest precious metal refinery, the Perth Mint, and InfiGold, a fintech startup focused on precious metals digitization, have jointly launched a gold-backed digital token.The new ERC-20 token is dubbed Perth Mint Gold Token (PMGT) and pegged 1:1 with GoldPass certificates issued by the Perth Mint, according to a press release shared with Cointelegraph on…
Seed CX Subsidiaries Receive Bitlicenses From New York Regulator
New York state financial regulators have issued virtual currency licenses to two subsidiaries of crypto derivatives firm Seed CX: Seed Digital Commodities Market LLC (SCXM) and Zero Hash LLC.In a press release published on July 15, Financial Services Superintendent Linda A. Lacewell announced that the New York State Department of Financial Services (DFS) has approved…
SHIB price eyes 30% drop with Shiba Inu’s massive triangle breakdown underway
Shiba Inu (SHIB) price dropped by over 10% to $0.00001641 on May 9 amid a broader crypto market decline. This year, SHIB's returns were 50% below zero, one of the worst performances by a top-ranking cryptocurrency in 2022.Last week, luxury fashion brand Gucci named Shiba Inu in the list of tokens it would accept for payments…
The Hard Truth About Trading — Can the Average Joe Succeed?
Crypto trading is a zero-sum game with clear winners and losers.This competitive stage yields countless self-proclaimed profitable traders on Twitter and YouTube. As the players downtown make their livelihood trading for institutions like Galaxy Digital and Pantera Capital, how do their strategies compare to those of retail home-based traders? Do retail methods even work?“Broadly speaking,…
Hong Kong and the US aim for stablecoin regulations by 2024
The U.S. is currently working on stablecoin market regulations, introducing three drafts of the bill by the first week of June. 378 Total views 2 Total shares The Hong Kong Monetary Authority (HKMA) has completed a public consultation on stablecoin regulations and aims to introduce clear regulatory guidelines for the stablecoin market by the end of…
UAE to experiment and launch an in-house digital currency
As a part of the 2023-2026 strategy, CBUAE intends to be among the world's top 10 regulators. 371 Total views 4 Total shares The United Arab Emirates becomes the latest country to join the race for experimenting with an in-house digital currency. According to the three-year plan for 2023-2026 that announces the launch of its…
Community-Led Pan-African Blockchain Standards Org Publishes Draft ICO Guidelines
The African Digital Asset Framework (ADAF) — a project that aims to establish compliance-focused, cross-border blockchain standards for the African continent — published the first version of its guidance for initial coin offerings (ICO) on March 25.ADAF is supported by the African Digital Asset Foundation (which shares the same acronym) — a non-profit organization and…
Three reasons why the price of Elrond (EGLD) is hitting new daily highs
Decentralized finance-focused protocols are seeing a sustained upward move, and the momentum appears to be picking up pace now that the NFT sector has cooled off over the past two weeks. Since the beginning of August, Elrond (EGLD) — a scalable and secure blockchain platform designed for distributed apps and enterprise-level businesses — has been…