Bitcoin development firm Blockstream and the infamous Reddit community WallStreetBets have teamed up to build a new DeFi product that facilitates securities trading on the Bitcoin network, announced WSB founder Jaime Rogozinski in an event yesterday. The day WallStreetBets turned to Bitcoin The WallStreetBets decentralized application (WSBDApp) would launch the novel DeFi products onto the …
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Worldcoin, a new startup founded by OpenAI CEO Sam Altman, theoretical physics student Alex Blania and former investment associate at Bridgewater Associates Max Novendstern, uses iris recognition devices called “Orbs” to scan people’s eyes in exchange for free cryptocurrency. The project claims to be committed to giving Worldcoin to everyone on Earth, but, according to …
The Bank Of Spain has finally opened the mandatory registry for Virtual Asset Service Providers (VASPs) in the country. The bank also dispelled doubts that financial institutions had regarding whether they had to apply for the registry given they already comply with AML legislation. All institutions and persons must apply for the registry if they …
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The budget law for the next year, which was recently approved by the Colombian representative’s chamber, includes a controversial article that allows the state to confiscate a bank customer’s funds to be used for budgetary purposes. Under certain circumstances defined by the law, these could funds may be retrieved if the account holders’ prove their …
press release PRESS RELEASE. A crypto platform Crypto Gaming United (CGU), which has joined the crypto exchange TimeX on the 18th of october, made $2.5 million in a record-breaking six seconds since public token trading began. One of the co-founders of the project is a crypto-currency, DeFi and blockchain app entrepreneur Sergei Sergienko born in …
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An emerging crypto strategist and trader is unveiling a huge price target for Bitcoin in the coming months as he believes the crypto asset is mirroring its 2017 bull market. The crypto analyst, TechDev, tells his 107,500 followers that the current price action of Bitcoin (BTC) looks very similar to its 2017 parabolic run when …
The Dubai Financial Services Authority (DFSA) has established a regulatory framework for investment tokens as part of its efforts to stimulate the digital financial and technological environment while also meeting market players’ demands and requirements. The DFSA is an independent regulatory body in Dubai that is in charge of monitoring and regulating financial services companies …
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British cryptocurrency services provider Crypterium is the latest crypto firm to secure registration from the United Kingdom’s Financial Conduct Authority (FCA). Crypterium officially announced on Oct. 25 that it has recently been registered by the FCA to provide cryptocurrency services to local citizens and companies, becoming one of few companies to have passed the registration process. …
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Bitcoin (BTC) investment vehicle the Grayscale Bitcoin Trust (GBTC) outperformed the newly-launched exchange-traded funds (ETFs) last week, data shows. Figures shared by Grayscale executives among others confirm that GBTC quietly delivered better investor returns since Oct. 19. Grayscale “discount” hits one-month lows While talk continues to revolve around Bitcoin futures ETFs and their market impact, …
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Valour, a Zurich-based exchange-traded products (ETP) issuer, announced the launch of a fully-backed investment product to increase exposure to Uniswap decentralized exchange’s native token, UNI. The UNI token serves as the underlying asset within the Valour Uniswap ETP offering available as a fully-backed passive investment product. The Uniswap ETP was launched on a European stock …
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HodlX Guest Post Submit Your Post The University of Southern California is laying out a blueprint to maintain relevance in a topsy-turvy world that dictates that students be able to think critically and respond to external stimuli. I think we can all agree that it isn’t fair. Students engaging in the college experience during this …
Dapper Labs, the firm behind NBA Top Shot, said that pro sports leagues are no longer resistant to exploring nonfungible tokens (NFTs) now that the sector is hot. Speaking at Yahoo Finance’s All Markets Summit on Oct. 25, Dapper Labs’ head of partnerships, Caty Tedman, said that the stance of professional sporting organisations suddenly shifted …
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The Stellar Development Foundation (SDF) has announced that it will facilitate a new remittance channel between Europe and Africa using the USD Coin (USDC) stablecoin. On Oct. 25, the SDF announced that global payments technology company Flutterwave will use the USD Coin (USDC) stablecoin on the Stellar network to simplify remittances between Africa and Europe. …
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Cryptocurrency exchange Okcoin has reported the number of and trading volume of institutions surged significantly in the last year, driven largely by stablecoins and tokens in decentralized finance. In a report released on Oct. 26, Okcoin said it had seen a 450% increase in the number of institutional customers on its platform between September 2020 …
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The share price of the Intercontinental Exchange-backed crypto services company Bakkt ($BKKT) has surged as it unveiled two partnerships with major global payments firms. On Monday 25 Oct., Mastercard announced it would be working with digital asset platform Bakkt to allow its customers based in the United States to buy, sell and hold digital assets …
Continue reading “Bakkt shares skyrocket after partnering with Mastercard and Fiserv”
