Current regulations do not prohibit the swapping of digital currencies, according to the Iranian Vice Presidency for Legal Affairs. The department has stated its position in correspondence with an ICT industry association which wanted to know what rules apply to cryptocurrency exchange, local media reported. Converting a Cryptocurrency Into Another Is Not Against Iranian Law …
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A senator in the Uruguayan parliament, Senator Juan Satori has joined the league of politicians supporting Bitcoin as he recently introduced a draft bill that proposes the regulation and enablement of the adoption of crypto payments by businesses. Crypto for business in Uruguay Per Satori’s bill, “crypto assets will be recognized and accepted by the law …
Love him or loathe him, one thing that can’t be denied is Richard Heart’s willingness to defend Hex from accusations of being a scam token. December 2021 will mark two years since Hex’s launch. To this day, it continues to divide opinion with media outlets generally holding a negative view. Heart is an active participant …
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In what is seen as a boost for Mirror Trading International (MTI) investors, United States investigators are said to have joined the probe into the collapsed bitcoin scheme. According to a report, the U.S. investigators’ goal for joining this probe is to help “recover the assets of out-of-pocket investors.” FBI Interest Confirmation of the U.S. …
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While opponents of cryptocurrencies continue to peddle the environmental damage or the terrorism funding narrative, users from countries where the majority is financially excluded see these as a breakthrough innovation. Crypto Utility Inspires Volatility Solutions For instance, to undocumented migrants, cryptocurrencies offer a faster and cheaper way of sending money to their loved ones. For …
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Attendees of the upcoming NBA Summer League games in Las Vegas at the Thomas & Mack Center will be able to purchase NBA Top Shot non-fungible token (NFT) collectibles in person. For the first time ever, NBA Top Shot fans will be able to buy an NFT moment from a game they saw in person. …
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On Wednesday, the non-fungible token (NFT) market platform Makersplace secured $30 million in a Series A financing round. The team behind the NFT marketplace says it plans to leverage the funds to “acquire additional talent and scale the business.” While the Series A was co-led by Pantera Capital and Bessemer Venture Partners, the world-famous hip …
Both the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have claimed jurisdiction over the crypto industry. A CFTC commissioner clarified that pure commodities, including crypto assets, or their trading venues are not regulated by the SEC. Regulation of Crypto Assets by SEC and CFTC A commissioner with the U.S. …
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has outlined how the SEC plans to regulate the crypto industry. Focusing on investor protection, Gensler discussed concerns the SEC has about crypto trading, exchanges, lending, defi platforms, and exchange-traded funds (ETFs). Gary Gensler Outlines SEC’s Crypto Priorities SEC Chairman Gary Gensler outlined …
Ripple’s lawsuit with the US Securities and Exchange Commission (SEC) involved one of the largest crypto exchanges in the case discovery as Brad Garlinghouse’s motion to obtain Binance documents from the Cayman Islands has been granted by the court. Garlinghouse’s motion came as a part of the ongoing court case filed by the SEC, alleging that …
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Layer-2 scaling protocol Polygon announced today that Meme.com, a marketplace for meme-based NFTs and tokens, has launched on Polygon following their successful IDO and will collaborate with Polygon Studios to leverage the team’s extensive NFT expertise to help grow the meme token marketplace. Meme.com has developed a new meme-centric mode of investing, allowing users to …
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It’s not every day that a seasoned cybersecurity player turns their back on a lucrative career spanning multiple organizations and projects, but Jorge Sebastio is exactly that. Sebastio, the former CTO of EcoSystem at Huawei Technologies, is an experienced cybersecurity executive with experience in AI, Blockchain, Cloud Computing, Cyber Security, Disaster Recovery, Big Data, and …
Continue reading “Talking DeFi farming and ‘luxury’ NFTs with crypto thought leader Jorge Sebastio”
Multichain yield platform Popsicle Finance ($ICE) suffered a significant exploit today, resulting in a loss of $21 million. Initial reports claim attackers took advantage of a flaw in the fee accounting mechanism, draining several tokens in the process. etherscan.io What’s more, the protocol in question, Sorbetto Fragola, was audited by Peckshield. Arguably giving investors a …
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China’s cryptocurrency transactions related to criminal activities have decreased significantly over the past couple of years, a new report suggests. At the same time, its special administrative region of Hong Kong is seeing a spike in crypto-related crime this year, with authorities attributing the rise to the popularity of crypto investments. Chinese Crime-Related Crypto Transactions …
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press release PRESS RELEASE. Since May 30, the BTC mining difficulty has lowered for 4 times in a row. The mining rig migration is continuing, leading to a surge of incomes in mining farms outside China. With early layout of mining farms outside China, BitFuFu takes the lead to restart running plan and restock new …
