Month: March 2022

Ombudsman Receives Complaints About Crypto Investments in Spain – Bitcoin News

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The Spanish ombudsman has been receiving complaints about cryptocurrency and how some Spanish citizens investing in these vehicles have lost everything. In his annual report, Angel Gabilondo recognized the rise of cryptocurrencies as a new problem due to the little or no regulation crypto sees in the country. In the same way, the EU has also warned about these assets recently. Spanish Ombudsman Gives His Take on Crypto Angel Gabilondo, the Spanish ombudsman, has given his take regarding cryptocurrencies and the effects they have on citizens investing in…

Abu Dhabi rolls out draft recommendations for NFT trading

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Abu Dhabi Global Market (ADGM), the emirate’s free zone, published a consultation paper on Monday titled “Proposals for enhancements to capital markets and virtual assets in ADGM.” The document contains draft guidelines that, among other asset classes, cover nonfungible token (NFT) trading. The paper proposes that companies with a license from the free zone’s financial regulator be allowed to facilitate NFT trading. Along with sections dedicated to traditional financial instruments, the document contains a little more than a page on virtual assets and NFTs. In this section, the free zone’s…

Tour of my (almost) 2000 Mhs GPU mining farm! (2 GH/s on Ethereum+Ravencoin)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In this video I give you a full tour of my 50 GPU mining farm. I currently mine both Ethereum and Ravencoin on my graphics cards for a total hashrate of around 1450 mhs on ETH and 225 mhs on RVN (remember Ravencoin hashrate is half of what it could have been on ETH so if I were to mine just Ethereum on all GPUs the theoretical max hashrate would be just below 2000mhs). I walk you through my 5 different mining…

Crypto Exchange Coincheck to Go Public with a $1.25B SPAC Deal

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Japanese crypto exchange, Coincheck, which is owned by the Monex Group, announced on Tuesday that it will go public through a merger with the blank-check company, Thunder Bridge Capital Partners IV. Q4 2021 volumes have gone up or down and how much? Both the companies have entered into a definitive agreement for the deal that is valued at around $1.25 billion. The  merger  Merger A merger is defined as the absorption of the interest of another. It can include an estate, or contract. There are no specific rules or formats…

Paradigm Invests $8.8M in DeFi’s Ribbon Finance

“[Ribbon] is a simple way for users to earn high yield on bitcoin, ether and USDC,” co-founder and CEO Julian Koh told CoinDesk in an interview. “We help users create exposure to expert, complicated financial strategies under the hood, but we make that experience really easy for users.” Source

Trading Platform Pipe Launches Alternative Financing Solution for Bitcoin Miners

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A company signs contracts with its customers for a recurring payment schedule, and then puts those contracts into Pipe’s platform for trading, where investors will buy the contracts. In turn, the transaction becomes an instant source of funding for the company, which it can use to fund its growth without diluting the shareholders by offering equity or locking in an expensive debt facility. Original

Micro-Investing App Acorns Adds Bitcoin Exposure Option

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“We’ve always been open-minded and flexible to the idea that as other asset classes mature and become something that we can deliver to customers, we would love to include that in the appropriate way,” Acorns Chief Investment Officer Seth Wunder told CoinDesk in an interview. “Cryptocurrency, specifically bitcoin, in our opinion has gotten to that place where it’s an acceptable piece of people’s portfolios.” Original