International body Financial Action Task Fork (FATF) has issued new guidance for decentralized applications (DApps). Its implications could directly affect the DeFi sector and could have consequences for DApp “operators” such as Uniswap, Sushiswap, and others. If you’re a shareholder of Uniswap (or MakerDAO), then you’re likely a VASP. And VASPs (i.e. Virtual Asset Service Providers) are responsible for setting up anti-money laundering controls. This comes courtesy of yesterday’s FATF draft guidance: https://t.co/1Zg6frzH77 pic.twitter.com/xJEIetNAZt — John Paul Koning (@jp_koning) March 20, 2021 According to the agency’s definition and its standards,…
Day: March 20, 2021
Bitcoin’s next move, Elon Musk’s promotion, the toilet paper NFT
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Bullishness for Bitcoin continues despite its struggle to reclaim $60,000 Bitcoin dazzled us all last Saturday with a dramatic surge to new all-time highs at $61,683.86. But the market spent little time in record territory, with a sharp pullback taking prices to lows of $53,555.03…
💎 Pencilmate Mines Diamonds! 💎| Animated Cartoons Characters | Animated Short Films | Pencilmation
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Pencilmate starts his life on the virtual farm! Subscribe: Pencilmation Merchandise: 🔔 Watch the NEWEST videos: Follow us on: Facebook: Twitter: Instagram: For sharing fan art and episodes discussions, join our Facebook group here: Watch more Pencilmation: Popular Uploads: Compilations: Cartoons: 2:40 – CLICK FLICK Pencilmate takes a hold of Mini Mate’s computer or rather, Mini Mate’s computer takes a hold of Pencilmate… 6:01 – NO PAIN, NO GAME Pencilmate plays too much video games! 7:43 – WHOLE LOTTO LOVE Pencilmate must…
BITCOIN ROMPE U$ 50 MIL E SEGUE TENDENCIA DA ALTA | CAFÉ DO BITCÃO #71
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin romper os U$ 50 mil e se mantem firme acima do valor depois que a Microstrategy lança anúncio de U$600 milhões . Ethereum seguirá pelo mesmo caminho? e as Altcoins? sobre isso que vamos falar hoje neste video. ● CURSO MESTRES DO BITCOIN 2.0 (CUPOM DE 40%: BITCAO2021) ● CORRETORA QUE UTILIZO? Binance: ● GRUPO TELEGRAM STAKE CARDANO ADA: ● GRUPO GRATUITO do Telegram Mestres do Bitcoin ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ No Café Bitcão Hoje: 0:00 Bom DIA ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ ME SIGA NAS REDES SOCIAIS:…
Following $6.5 million CFTC fine, Coinbase delays direct stock listing
After settling charges of improper reporting of exchange volume and “self-trading” with the CFTC yesterday, reports have emerged that cryptocurrency exchange giant Coinbase is set to push back its stock listing to next month. The company had previously been expected to go public some time in March. Yesterday, March 19 the Commodity Futures Trading Commission announced a settlement with Coinbase over charges that the company inaccurately reported trading data on Bitcoin, and that an employee “self-traded” to create the illusion of volume and demand for Litecoin. “Reporting false, misleading, or…
Uniswap are friends but they fear 1inch, says DEX aggregator co-founder
It really doesn’t seem like the decentralized finance sector is planning to slow down its development in 2020. Interest in the sector is still growing despite high Ethereum transaction fees, and the total value locked in the space continues to break all-time highs, recently reaching $51 billion. 1inch is a decentralized exchange, or DEX, aggregator that came onto the DeFi scene in the later part of 2020. The platform’s algorithm searches for the cheapest exchange rates among the DEXes that are integrated into its ecosystem. 1inch also runs the Mooniswap…
SUNCONTRACT.ORG! A BLOCKCHAIN-BASED ENERGY MARKETPLACE!
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Ahead of IPO, Coinbase Pays CFTC $6.5 Million to Settle False Reporting, Wash Trading Charges – Regulation Bitcoin News
The Commodity Futures Trading Commission (CFTC) has fined cryptocurrency exchange Coinbase $6.5 million “for reckless false, misleading, or inaccurate reporting as well as wash trading.” This enforcement action came as Coinbase is getting ready for its initial public offering (IPO) on Nasdaq. CFTC Takes Action Against Coinbase The CFTC announced Friday that it has issued an order settling charges against cryptocurrency exchange operator Coinbase Inc. “for reckless false, misleading, or inaccurate reporting as well as wash trading.” The regulator wrote: The order requires Coinbase to pay a civil monetary penalty…
Decentralized technology can help protect democracy around the globe
Recent political developments in the United States demonstrate the critical challenges that centralized technology platforms pose to democracy — in stark contrast to the powerful role social media played in pro-democracy movements in the Middle East and Hong Kong. U.S. election misinformation and disinformation, as well as white nationalism, spread throughout online groups, and prominent political and social leaders found means to amplify falsehoods through technology platforms. Within both the public eye and darker corners of the internet, organizers, including members of the Proud Boys, planned the storming of the…
What Makes DeFi More Disruptive than Bitcoin
The blockchain industry has managed to disrupt financial markets the world over with its transparent operation and ease of understanding. Users can send and/or receive money in the form of cryptocurrency through the system with a distributed network of ledgers that keeps all transactions, contracts and accounts public, leaving no room for mediation or third-party involvement, such as governments or centralized banks. There are over 8000 currencies in circulation presently. Although Bitcoin happens to be the most talked-about one, it is Ethereum that offers more features, including relatively greater flexibility in its…