Digital asset companies can now operate legally within Cuba thanks to a new directive The country’s central bank will issue one-year business licenses to eligible virtual asset service providers Licenses are now mandatory Crypto companies cannot cease doing business after obtaining a license without permission from the apex bank The policy will come into effect …
Continue reading “Cuba’s Top Bank Readies Licensing Framework For VASPs”
The gold-bitcoin ETP will be listed on the Swiss SIX exchange under the ticker BOLD. At launch, the weightage will be 18.5% bitcoin and 81.5% gold. The fund will be rebalanced monthly based on 360-day historical volatility. Digital asset management firm ByteTree Asset Management has launched a gold-bitcoin exchange-traded product on the Swiss SIX stock …
Continue reading “Swiss Exchange SIX Lists World’s First Bitcoin-Gold ETP”
Bitcoin is on the verge of gaining adoption in Brazil The country’s senate has approved a bill geared towards legalizing cryptocurrencies Also, the proposal aims to create regulatory infrastructure for the digital asset industry Brazil’s Chamber of Deputies will not on the policy The law could receive full approval before 2022 runs out Brazilian lawmakers …
Continue reading “Brazil’s Senate Votes Yes To Bitcoin And Crypto Regulations”
Elon Musk’s Twitter acquisition brings forth speculation on what new changes may be introduced by Musk for Twitter’s betterment. Musk had already announced his war against Twitter spambots which will be the first chance that he may initiate sometime soon. Crypto enthusiasts have unearthed an old tweet of Musk that expresses his jaded outlook towards …
Continue reading “Will Elon Musk Remove Profile Pic NFTs Upon Twitter Acquisition?”
Vertex protocol recently closed a seed funding round The decentralized finance solution reportedly raised $8.5 million from major investors like Hack VC and Dexterity Capital The multi-million dollar raise comes before the launch of the protocol’s hybrid forex exchange on Terra later this year According to a Medium blog post published on Tuesday (April 26, …
Continue reading “Vertex Protocol Secured $8.5 Million To Deploy DeFi Forex Trading on Terra”
Summary: Fireblocks has seen its institutional clients rush to access DeFi on Terra (LUNA) Institutional investors have poured in $500 million in one week due to Fireblocks opening access to DeFi on Terra $250 million was deployed in the first 72 hours of Fireblocks opening access to DeFi on Terra Fireblocks has over 1,000 institutional …
Continue reading “Fireblocks’ Institutional Clients Pour $0.5B into DeFi on Terra in One Week”
Fidelity Investments will allow U.S. citizens to add bitcoin to 401k retirement accounts later this year. The change brings much more exposure to bitcoin and could spur a new wave of adoption. ETFs are also helping bitcoin make more progress with getting into the mainstream. Fidelity Investments is now allowing its clients to add bitcoin …
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A survey at the Game Developers Conference shows that very few developers are interested in NFTs. An independent group of Minecraft Developer Mojang Studios’ executives created a pledge to encourage the safe utilization of NFTs. NFTs remain a contentious topic within the space, though some companies are pouring resources into related initiatives. Bloomberg reported on …
Continue reading “NFT Interest Has Surged Massively in Gaming Companies According To Survey”
Elon Musk Twitter deal confirmation has catapulted the prices of Dogecoin past 25 %. At press time, the Shiba Inu-inspired crypto is up by 29.16% and is currently trading at $0.1619 Cryptocurrency Dogecoin (DOGE) surged nearly 30% on Tuesday after the news of Elon Musk acquiring Twitter for $44 billion went viral on multiple social media …
Continue reading “Elon Musk’s Twitter Buyout Sends Dogecoin Price Soaring Past 25%”
Binance deployed fresh support for Ukrainian refugees The latest package from the exchange giant comes as a crypto debit card Contis, Visa, and NGOs are partners in the effort to aid displaced citizens Users will receive the equivalent of $75 for three months after receiving their card Also, the card is eligible for payments across …
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Summary: Sam Bankman-Fried and the team at FTX had a groundbreaking ceremony for their new headquarters in the Bahamas The event was also attended by the Prime Minister of Bahamas, Philip Brave Davis SBF and the FTX exchange will be moving their headquarters from Hong Kong to the Bahamas The Bahamas is committed to becoming …
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Summary: Tyler Winklevoss has thanked Elon Musk for his successful bid on Twitter According to Reuters, Twitter is set to accept Musk’s $43 billion offer Cameron Winklevoss hails the purchase of Twitter as a new beginning for free speech as it will end censorship on the platform The co-founder of the Gemini Crypto exchange and …
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NFT data aggregator Gem has agreed to an acquisition deal with marketplace leader OpenSea Financial terms from the agreement were not disclosed as of press time Both companies said Gem will operate as a separate product despite the announcement Gem received a mixed reception from users and followers Leading non fungible marketplace OpenSea has acquired …
Continue reading “OpenSea Acquires NFT Service Gem To Expand Pro User Experience”
Summary: The team at Bored Ape Yacht Club has cautioned the community against minting anything after the BAYC Instagram got hacked Some community members might have already lost their Bored Ape Yacht Club NFTs due to the hack The BAYC OtherSide Metaverse will launch on the 30th of April, and the hack might have been …
dYdX is facing criticisms of centralization and censorship from the crypto community over recent blockings. A few users have been sent messages saying that they have been permanently blocked for jurisdictional reasons. Executives from Starkware, associated with dYdX, are looking into the matter, saying that it was weird and unexpected. Decentralized exchange dYdX is facing …
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