Iniesta tweeted that he was “learning how to get started with crypto with @binance #BinanceForAll,” to his 25 million followers. The CNMV replied to the tweet, saying that “cryptoassets, being unregulated products, carry some significant risks.” Source
In our current digital age, data is king. Businesses of all sizes are increasingly looking to monetize user data in order to power their products and services. However, the way in which these businesses go about extracting value from data often lacks fairness and transparency. Take Facebook, for example. The social media giant has come under fire in recent years for its business model, which is based on monetizing user data without giving anything back to the users themselves. This was most recently highlighted with the company’s rebranding to “Meta”,…
British crypto enthusiasts were busy consolidating and rebalancing during the last gasp of 2021. Finder.com surveyed 2,013 internet users in the United Kingdom in December 2021 with varying results. Since the last survey conducted in October 2021, U.K. crypto ownership crept up by 1 percentage point from 5.2% to 6.1%, while Ether (ETH) dominance continues to manifest. Coming in at third place, just behind Singapore and Australia, the U.K.’s Ether ownership among crypto holders consolidated at 32.9%, with XRP the third-most widely held crypto, at 17.4%. Curiously, interest across the…
“While the DEX’s smart contracts have been fully audited and the DEX will meet all industry standards for security, the implementation of fully decentralized governance will not be immediately possible due to existing transaction size limits on the Cardano blockchain,” the team explained in the post. Source
Major crypto wallet and platform Crypto.com has temporarily halted withdrawals after “a small number of users reporting suspicious activity on their accounts,” but all funds are reportedly safu at the moment. We have a small number of users reporting suspicious activity on their accounts. We will be pausing withdrawals shortly, as our team is investigating. All funds are safe. — Crypto.com (@cryptocom) January 17, 2022 A few hours ago, Crypto.com halted withdrawals from its platform in response to several “thefts” by customers’ accounts. Dogecoin (DOGE) founder Billy Markus noticed a…
The Monetary Authority of Singapore (MAS) issued a new set of guidelines for digital payment token (DPT) providers, barring them from marketing their services in public areas. The guidelines, which were issued on Jan. 17, also warned the general public of the high risks associated with the crypto market in addition to prohibiting DPT companies from advertising their services in public places such as public transportation, public transportation venues, public websites, social media platforms and broadcast and print media. The new set of guidelines will be applicable for all the registered…
While the bitcoin options market has recently shed its bearish bias, some analysts remain unconvinced about the strength of the move owing to weak institutional demand and the cryptocurrency’s sensitivity to macro factors. “There is no sign of an institutional pullback, which is the key for a rally,” said Laurent Ksiss, a crypto exchange-traded fund (ETF) expert and director of CEC Capital. “A good barometer is always the asset under management and inflows into crypto exchange-traded products and ETFs. So far we have recovered only $1 billion of inflows versus…
On Friday, the Kingdom of Tonga experienced the shockwave of a massive volcanic eruption of the Hunga Tonga-Hunga-Ha’apai volcano. More eruptions ensued after the first, leaving the citizens of Tongatapu, the main island of Tonga, to face down a tsunami. Amid the difficulties, crypto holders expressed their sympathy and intent to donate Bitcoin (BTC) to help with the relief operations. Twitter user Onair Blair urged Bitcoin supporter and former Tongan lawmaker Lord Fusitu’a to set up a wallet address where people can donate Bitcoin for Tonga’s relief funds. With waves of…
Certik, a blockchain security and auditing firm, has reported that the most common attack vector for hacks in decentralized finance (defi) protocols had to do with centralization in 2021. This data is present in Certik’s latest report, where the company also examines the growth of defi in 2021, and how other chains such as Avalanche and BSC rose as alternatives to Ethereum’s high fees. Centralization Costs Defi Protocols $1.3 Billion in 2021 A new report issued by Certik, a blockchain security and auditing firm, has revealed that centralization…
nCore co-founder Vishal Gondal is however optimistic that Web 3 products can make inroads through additional incentives on offer. “Currently when you’re playing a game, the maximum upside for you was to become part of some community. Now while you’re playing the game, you also have the chance to own the value of the game,” he said to Tech Crunch. Source