Stepping up efforts to minimize the inherent risks of trading cryptocurrency, major crypto exchange Binance has announced it would restrict access to derivatives products to Hong Kong users. The official announcement reads: “Users from Hong Kong will have a 90 days’ grace period to close their open positions. During the grace period, no new positions may …
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Asia-Pacific crypto-fiat trading platform Zipmex has forged a strategic partnership with Visa in a bid to improve the convenience of its payment programs and products. The platform’s payment network ZipSend, designed to enable users to spend their crypto, will be integrated into Visa’s worldwide network of 70 million merchants. Following the partnership, Zipmex aims to …
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Developers behind decentralized oracle network Chainlink introduced the new Cross-Chain Interoperability Protocol (CCIP) in a post yesterday, one that targets multichain data communication and transfer of messages. We’re excited to introduce the Cross-Chain Interoperability Protocol (CCIP), an open-source standard for how smart contracts will interoperate across blockchains, for both messages/commands and tokens, allowing the creation …
Over 4,000 ETH burned hours after EIP-1559 upgrade | CryptoSlate Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Edge › Ethereum › ETH 2.0 The Ethereum network underwent one of its most crucial upgrades last night. And things are going as planned so far. Shaurya Malwa …
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The crypto financial services company Huobi and the firm’s stablecoin issuer Stable Universal have published monthly HUSD attestation reports. The audits indicate the funds that back Huobi’s stablecoin are kept in cash in U.S. money market accounts in order to ensure the 1:1 ratio with USD. HUSD Monthly Attestations On Thursday, more than $117 billion …
The crypto analytics and market intelligence company Messari revealed on Thursday the firm has raised $21 million in a Series A financing round. The funds will be used to expand Messari’s product suites and it aims to “triple the size of its engineering and research teams.” Crypto Market Intelligence Firm Messari Secures $21 Million Digital …
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A new draft law introduced to the Senate in Uruguay could regulate cryptocurrency transactions, and also legalize cryptocurrency as an accepted payment method in the country. If approved, the draft proposed by Senator Juan Sartori would also introduce licenses for Virtual Asset Service Providers (VASPs) that would be issued by the government, classifying them into …
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press release PRESS RELEASE. The fast-paced nature of the blockchain industry means that new crypto projects face the problems of a highly competitive market. This makes marketing a major aspect for projects to have a chance to gain traction within the crypto community. However, existing marketing services are highly centralized, expensive, and skewed towards large …
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Institutional investors continue to move their money away from Bitcoin and Ethereum despite the recent boost in the crypto markets, according to the digital asset manager CoinShares. However, institutions are buying multi-asset investment products. While digital asset investment products saw $19.5 million in overall outflows last week, multi-asset investment products had $7.5 million in inflows, CoinShares …
The United States tax bill which could hurt Bitcoin (BTC) and crypto holders will “continue the plunder of future generations,” Cameron Winklevoss argues. According to new estimates, the proposed Infrastructure Bill currently under discussion in Washington would pile on an extra quarter of a trillion dollars in debt. Bill may add $256 billion in debt …
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Chinese electronics manufacturer Xiaomi is the latest global company to get involved in the cryptocurrency industry as its official Portuguese shop now accepts Bitcoin (BTC) payments. Mi Store Portugal, the official Xiaomi retailer, announced Wednesday on Facebook that it now allows customers to purchase devices using five cryptocurrencies, including BTC, Ether (ETH), Tether (USDT), Dash …
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A 2022 trial date has been set for former NFL team owner and alleged “shadow banker” Reggie Fowler. Fowler is the accused operator of the shadow bank to the crypto sector, Crypto Capital which was at the center of controversy in the court case against IFinex Inc — the parent company of crypto exchange Bitfinex …
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HodlX Guest Post Submit Your Post In The Rise of Autonomous Smart Cities, Zaheer Allam underscores the transformation of urban concepts: “moving from the initial concept of Global city, to Sustainable City, the Resilient City, to the Creative City and to, most recently, Smart Cities.” The author mentions the city of Santander, Spain, where 20,000 …
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Ethereum has achieved another milestone this week apart from the London hard fork, with a 90-year-old New York Stock Exchange (NYSE) listed company changing its ticker to avoid confusion with Ethereum. Home decor and furniture chain Ethan Allen — which has more than 300 stores across the US — announced on Aug. 4 that it …
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Ethereum co-founder Vitalik Buterin has hailed the London hard fork a success adding that it has given him more confidence over the upcoming merge to the Eth 2.0 chain. Speaking to Bloomberg News from Singapore, Buterin said that EIP-1559 is “definitely the most important part of London.” The upgrade, which went live around 15 hours …
