UAE central bank approves licensing system for stablecoins

Compute costs for AI are going up. Incentive-network-driven compute could be the key to saving you and your investors millions of dollars.

In a strange turn of events, a phishing scammer has returned a large portion of funds it stole from a victim last September.

“We want to eliminate the hurdles associated with crypto trading, and streamline the experience for new retail investors,” said Finxflo CEO James Gillingham. 3339 Total views 18 Total shares Cryptocurrency exchange platform and card issuer Crypto.com will be providing liquidity in a new partnership with Singapore-based hybrid liquidity aggregator Finxflo.In an announcement on Tuesday, Crypto.com…

The German Federal Financial Supervisory Authority (BaFin) has issued a cease and desist order to Karatbit Foundation to immediately stop unauthorized business in Germany. BaFin alleges that Karatbit Foundation is issuing the KaratGoldCoin (KBC) without the necessary license, according to a Nov. 11 announcement.Karatbit describes itself as a provider of a blockchain-based payment system that enables…

London-based decentralized communication startup New Vector has raised $8.5 million to drive adoption for Matrix, a major alternative messaging protocol.Slack rival Riot.IMThe Matrix protocol, which enables secure communication via end-to-end encrypted messaging applications such as Riot.IM, an alternative to WhatsApp, Telegram or Slack, will continue scaling and growing its network with the newly raised funds,…

Binance’s Bitcoin balance was reduced by over 3,900 BTC in the past week, of which 3,400 BTC were pulled out in the last 24 hours alone. 816 Total views 5 Total shares Own this piece of history Collect this article as an NFTSoon after the United States Commodity Futures Trading Commission (CFTC) sued crypto exchange…

Mike Novogratz, founder and CEO of crypto investment firm Galaxy Digital Capital Management, said that cryptocurrency prices have hit a bottom in a tweet today, September 13.Novogratz also pointed out that the Bloomberg Galaxy Crypto Index (BGCI), which is designed to measure the performance of the largest cryptocurrencies traded in U.S. dollars, “retouched the highs…

While layer-2 protocols have been focused on "scalability," layer-3 protocols would serve a much different purpose, says Ethereum co-founder Vitalik Buterin. 594 Total views 22 Total shares While Ethereum-based layer-2 solutions have been focused on hyperscaling the network, Ethereum co-founder Vitalik Buterin believes layer 3s will serve a far different purpose — providing “customized functionality.” Buterin…

The mood of fear, uncertainty and doubt, otherwise known as FUD, that has gripped some of the largest cryptocurrency exchanges since October heightened last week — and it had nothing to do with the United States presidential election.“Weird Binance fud Friday and weird huobi arrest fud today,” tweeted MyCrypto CEO Taylor Monahan, referring to an…