American multinational investment bank and financial services company Morgan Stanley has been generously investing in the Grayscale Bitcoin Trust (GBTC), a recent filing with the US Securities and Exchange Commission (SEC) shows. To feed its increasing appetite for crypto, the Wall Street giant opted for a “traditional investment vehicle” that enables investors to gain exposure …
Continue reading “Morgan Stanley holds over $36 million worth of Bitcoin (BTC) via Grayscale”
33 face heat in Korea over alleged $1.48 billion in crypto transfers Seoul’s Central Customs has prosecuted, fined, or is currently investigating 33 individuals who were allegedly involved in 1.69 trillion won ($1.48 billion) worth of illegal overseas cryptocurrency transactions in South Korea, The Korea Times reported today. 2 min read → Go to Source
NFTs have had quite the roller coaster year. Spurred by the sale of Beeple’s The First 5000 days for a record $70 million, tokenized digital art was thrust into the mainstream earlier this year. A dramatic dip in sales followed, leading many to believe it was game over for NFTs. However, the past month or …
Cardano Foundation is an independent non-profit that supervises the advancement of Cardano (ADA), while protecting and promoting the protocol’s technology. The Swiss-based foundation recently announced that it has selected a major crypto intelligence and blockchain analytics provider Coinfirm to bolster the security of Cardano, while overseeing the network’s compliance with the Financial Action Task Force’s …
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Many traders would first think of margin trading, with its high risk, high reward approach. However, there’s another high-risk strategy out there: Binary options trading. What Is Binary Options Trading? Among many financial instruments to tackle the securities market, options contracts are the most popular. As of mid-August, 2021, the average options trading volume amounted …
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El Salvador adopting Bitcoin (BTC) as a parallel legal tender to the US dollar in September could substantially lower the costs of remittances that are a vital source of income for millions. According to the region’s development bank, other Central American countries are zealously waiting to see if this happens, because if it does, they …
Chainlink Price Feeds, the most widely used and time-tested decentralized price oracles in DeFi, are now running live on the Solana Devnet at sub-second updates, as per a release shared with CryptoSlate. The Chainlink team plans to ship the mainnet integration before the end of Q4. The integration is the result of many months of …
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Creating digital packs that contain NFTs was once extremely expensive and consultancies would charge thousands of dollars to use their sophisticated software. However, time moves fast in the blockchain world and the founder of NeftyBlocks, Juan Paniagua with his co-founder José Andrade, wanted to create their own solution for a fun Alpacaworlds NFT collection on …
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MATE is a decentralized exchange (DEX) that enables traders to maximize their returns through guaranteed limit orders with zero slippage. It was launched on the Binance Smart Chain in a successful Fair Launch on August 16. And as a fully community-owned DEX, the platform itself will be governed by its eponymous native token. The project …
The host of CNBC’s “Mad Money” show, Jim Cramer, has recommended putting up to 5% of portfolios in cryptocurrency. Stating that he owns ethereum directly, Cramer affirmed that he is a believer in crypto. Jim Cramer’s Crypto Allocation Advice Mad Money host Jim Cramer shared his view on cryptocurrency investing Wednesday during his show’s “lighting …
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A variety of well-known brand names have joined the cryptocurrency space and the budding non-fungible token (NFT) ecosystem. Now the Anheuser-Busch brand Budweiser has jumped into the NFT game by purchasing an NFT on Opensea for 8 ether ($25.7K). Moreover, Budweiser also owns the domain name “beer.eth” after the firm purchased the name for 30 …
Continue reading “Budweiser Purchases Rocket NFT — ‘King of Beers’ Buys Beer.eth ENS Name for $96K”
NFTs are of the biggest developments to come from the emergence of DeFi, and have created a mania not seen in the market since the 2017 cryptocurrency bull run. NFT art has raised some fascinating questions over where value can be identified, but it is in the gaming world that NFTs could prove to be …
The authorities of Spain must prepare a registry of cryptocurrency exchanges and custody providers to comply with legal requirements to address transparency and terrorism financing issues. This registry is specified by the Prevention of Money Laundering and Financing of Terrorism Law, approved last year. The process, which started in April, gives these service providers until …
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A former central bank official, nominated to head South Korea’s financial watchdog, has expressed skepticism about recognizing cryptocurrency as a financial asset. In comments to a parliamentary committee, Koh Seung-beom has confirmed his views on the matter align with those of international institutions. Candidate to Head Korea’s Financial Regulator Says Crypto Is Not Currency Koh …
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Incore Bank, in partnership with Inacta and Crypto Finance Group, has selected Tezos as their preferred blockchain platform to develop regulatory-compliant digital financial products via a newly developed token standard titled DAR-1. Tezos to Enable Smart Contracts for European Banks Business-to-business transaction bank Incore Bank, in collaboration with Inacta and Crypto Finance Group, has picked …
