Baanx BXX Token: 100% Increase on Its Debut

press release PRESS RELEASE. BXX listed on the MEXC Global exchange, and jumped from $0.15 at listing, to $0.50, before settling down to the mid. $0.30s- a more then 100% increase over the course of its first few hours of trading. Pools are also now available on Uniswap 2.0 in both USDT and ETH. Imagine …

Brazil Approves First Latam Based Ethereum ETF

Regulators from the CVM, the securities watchdog of Brazil, have approved the first Ethereum-based ETF in Latin America (Latam). The product, presented by blockchain investment company QR Asset, aims to simplify the task of getting Ether exposure for retail and institutional investors. It will be traded with the QETH11 ticker on the B3 stock exchange. …

DeFi darling ThorChain (RUNE) suffers multi-million dollar exploit

ThorChain, a decentralized finance (DeFi) token swap protocol based on the Cosmos blockchain, lost roughly $4.8 million worth of Ethereum (ETH) from its liquidity pools to a hacker attack today. “During a live attack, the network has been halted. Approximately 4,000 ETH of value was extracted from the protocol. While the treasury has the funds …

Doge, XRP, ADA take price hit while Bitcoin technicals show lack of buyer interest

Doge, XRP, ADA take price hit while Bitcoin technicals show lack of buyer interest Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Edge › Bitcoin · Ethereum › Technical Analysis Bitcoin continues to range in a narrow price band while several large-cap altcoins fell by high …

NGO Announces Plan to Use NFTs for Famine Victims of Ethiopia Tigray War

A non-governmental organization (NGO), Save Tigray, has announced it will be using the proceeds from the sale of non-fungible tokens (NFTs) to support its goal of averting famine in Ethiopia’s war-torn Tigray region. According to Save Tigray, the NFTs, which are “based on interpreted photos of the tragedy,” will be sold on the charity organization’s …

Hong Kong Busts Money Laundering Ring Using Tether to Wash Millions

Authorities in Hong Kong have arrested four people suspected of money laundering a total of $155 million through cryptocurrency wallets and bank accounts. The city’s customs agency said this was its first case in which virtual money had been used to launder dirty cash. Money Laundering Syndicate Recycles $155 Million in Crypto and Fiat Transactions …

Shapeshift to Dissolve Corporate Model, Platform Airdrops FOX Tokens to Community of Users

Founded on July 1, 2014, Shapeshift has been offering global trading of a variety of digital assets for seven years. Following the company’s recent anniversary, it announced Shapeshift is evolving into a community-owned decentralized platform. Shapeshift founder Erik Voorhees explained in a blog post that the firm airdropped FOX tokens to over a million customers …

Dogecoin Co-Founder Criticizes Crypto World, States It Is Managed by Powerful Cartels

In a recent twitterstorm, Dogecoin founder co-founder Jordan Palmer stated he wouldn’t return to the cryptocurrency world. Palmer unleashed harsh criticisms of the cryptocurrency industry, calling it “hyper capitalistic,” and managed by “powerful cartels” of wealthy figures. Palmer created Dogecoin along with Billy Markus back in 2013 as a joke, making fun of the crypto …

Here are the details of Paraguay’s “Bitcoin Law” proposal

Congressman Carlos Rejala and Senator Fernando Silva Facetti presented their final version of the long announced and anticipated crypto regulation initiative before the National Congress of Paraguay. In line with the national legislator’s earlier statement, the proposal doesn’t attempt to win another legal tender status for Bitcoin (BTC) but provides a legal framework for cryptocurrency …

Uniswap-backed fund defends recent UNI token sale

Earlier this week, CryptoSlate reported on concerning feedback as $10 million in Uniswap (UNI) tokens got sold shortly after the team behind the Decentralized Finance (DeFi) Education Fund (DEF), supported by the leading decentralized exchange (DEX), earned approval for a $20 million grant. The organization defended its position in the recent surprise sale of 500,000 …

Swiss State Secretariat Helps Blockchain Incubator Firm Set Up Base in South Africa

Switzerland’s State Secretariat for Economic Affairs (SECO) is reportedly helping Crypto Valley Venture Capital (CVVC), a blockchain business incubator, set up an office in South Africa. According to SECO, this move fits with Switzerland’s policy of supporting private firms that seek to help African blockchain start-ups. Funding for Successful Applicants According to a Swissinfo report, …

Former US Treasury Secretary Mnuchin Says His View on Bitcoin ‘Has Evolved’

Former U.S. Treasury Secretary Steven Mnuchin says his viewpoint on bitcoin “has evolved a little bit.” While he personally does not want to have bitcoin in his portfolio, he says if people want to buy the cryptocurrency, “that’s perfectly fine.” Mnuchin Says It’s ‘Perfectly Fine’ if People Want To Buy Bitcoin Former Treasury Secretary Steven …

Spike Lee Directs ‘Old Money Is Out, New Money Is In’ Commercial for Cryptocurrency ATMs

Award-winning director Spike Lee has teamed up with bitcoin ATM operator Coin Cloud on a multimillion-dollar crypto campaign. “Digital currency is viable for not just people of color, but anybody who has been historically excluded from traditional financial systems,” said the famed director. Spike Lee Directs Short Film for Bitcoin Company Coin Cloud, a digital …

Paypal Raises Weekly Cryptocurrency Purchase Limit to $100K, Removes Annual Limit

Payments giant Paypal has increased its weekly purchase limit for cryptocurrencies and has removed the annual limit altogether. The company said, “These changes will enable our customers to have more choice and flexibility in purchasing cryptocurrency on our platform.” Paypal Increases Buy Limit for Cryptocurrencies Paypal Inc. announced Thursday that it has increased purchase limits …

The FBI issues warning to cryptocurrency users over growing threat of cybercrime

Several mainstream outlets are pushing the narrative that cryptocurrency is facing a new wave of cybercrime. According to Forbes, this is happening due to the rising valuation of cryptocurrencies. However, with environmental and mining FUD fresh on people’s minds, is this something that deserves special consideration? FBI warns cryptocurrency users of cyber threat The Federal …

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