The central bank of New Zealand has lined up among monetary authorities exploring the question of issuing their own digital currencies. The financial regulator is now seeking feedback from the public about the need for a digital form of the national fiat while also promising to preserve cash. New Zealand Central Bank Considers Risks and …
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Bitbay has become a fully licensed cryptocurrency exchange in Estonia which introduced stricter rules for the industry last year. The European trading platform has recently passed an independent audit that confirmed its “solvency, security and fiscal responsibility.” Audit Examines AML and KYC Procedures at Bitbay Bitbay, a leading crypto trading platform in Europe, is now …
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Dydx, a decentralized exchange, has seen its trading volumes explode in the last few days, surpassing other recognized decentralized exchanges like Uniswap and Pancakeswap. Some analysts have suggested this might be the result of the latest Chinese cryptocurrency ban causing China-based users to move their trading activities to these platforms. Dydx Bursts With Activity Dydx, …
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The price of Cardano-backed altcoin project Coti (COTI) is surging. Data from Coingecko shows that COTI rose from a 14-day low of $0.289679 to a high of $0.643572, representing a rally of 75.8% over the past two weeks. The coin, which currently holds a market cap of $526,540,060 is worth $0.606045 at time of writing. …
ADVERTISEMENT HodlX Guest Post Submit Your Post To be a successful e-commerce entrepreneur, you need to think differently. The core question you must ask yourself is, “What e-commerce investments do I need to make?” How is your organization spending on technologies? In the era of social distancing and lockdown, it all comes down to …
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Bitcoin (BTC) looks to reclaim $45,000 on Oct. 1 as the U.S dollar retreated lower after hitting its one-year high. Bitcoin’s tight inverse correlation with the greenback over the past month suggests that a weakening dollar could push BTC price even higher in the coming sessions. Bitcoin-dollar correlation on hourly chart. Source: TradingView.com Dollar drops …
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Bitcoin (BTC) was keen to retain $44,000 on Oct. 1 as the monthly close sparked a late show of strength. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC monthly close matches PlanB prediction Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it first returned to the $44,000 mark Thursday, then test lower levels before …
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Singapore’s principal financial regulator, the Monetary Authority of Singapore (MAS), has officially approved two companies to offer cryptocurrency services in the country. MAS issued Oct. 1 licenses to Australian crypto exchange Independent Reserve and DBS Bank’s brokerage arm, DBS Vickers (DBSV), allowing them to provide digital payment token services under the Payment Services Act (PS …
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Cardano’s daggy dad turns DJ Cardano founder Charles Hoskinson has teamed up with legendary electronic dance music (EDM) DJ Paul Oakenfold to launch a tokenized album on Cardano. Oakenfold is a three-time Grammy Award nominee and his career in the music industry spans back to the early 1980s. His upcoming album dubbed “Zombie Lobster” was …
Liberal Senator Andrew Bragg has told a local industry event that Australia’s digital asset plan to create cryptocurrency-related legislation is “coming” soon and could be enacted in 2022. He also backed plans to run the sector on renewable energy as part of the government’s yet-to- be-established goal of achieving ‘net zero’ carbon emissions. Speaking at …
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Lawmakers in South Korea settled a long political battle on Sept. 30th and headed off moves by the ruling party to delay the implementation of the controversial crypto tax legislation. In a meeting on the 26th but only reported yesterday, Finance Minister Hong Nam-ki and key Democratic lawmakers from the National Assembly, South Korea’s legislature, …
In between the doom and gloom, there are indicators pointing to this new regulatory reality as a potential setup for digital asset laws down the line. Regulatory Clarity Incoming On Sunday, September 26th, U.S. House of Representatives Speaker Nancy Pelosi stated with some degree of confidence that the $1 trillion infrastructure bill will finally pass …
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Compound Finance rolled out Proposal #62 on Wednesday to implement “Dynamic COMP reward distribution,” and patch a number of minor bugs. However, soon after executing the upgrade, Compound Labs reported “unusual activity,” resulting in some users being able to claim more $COMP tokens than allowable. 🚨 Unusual activity has been reported regarding the distribution of …
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sponsored Following the announcement of a few days ago, the decentralized multiverse platform OVR, which unites the physical and virtual worlds through Augmented Reality, has launched “The ARwards” contest open to all creators who are looking for an opportunity to gain wide visibility and possibly win interesting prizes. First of all, The ARwards is completely …
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Billy Markus, the co-founder of Dogecoin, explained on Wednesday that an Ethereum bridge to the Doge network would bolster the dogecoin ecosystem. Markus also said that non-fungible token (NFT) markets “would help Dogecoin” as well. Dogecoin Co-Creator Thinks 2 Ideas Could Help the Doge Network The popular crypto asset dogecoin (DOGE) has gained a whopping …
