Attorney Kevin Thompson thinks that the event will make regulators frustrated, leading to the creation of reporting requirements for Shopify. Following the announced integration of the payment app Strike with e-commerce platform Shopify to accept Bitcoin (BTC) through the Lightning Network, the crypto community raised concerns over the legal implications of the move. Crypto researcher Matt Ahlborg believes that the event is a very significant development for BTC as it allows the offloading of BTC without the need to go through the know-your-customer (KYC) process. What Jack Mallers is really…
Day: April 8, 2022
South Korean Intelligence Service Informs Crypto Exchanges About Cyberthreats – Exchanges Bitcoin News
The South Korean state intelligence agency is now providing crypto trading platforms with information about attempts to breach their cybersecurity. The help for the country’s digital asset exchanges comes amid growing threats, local media reported. Intelligence Service Offers Cybersecurity Assistance to Major South Korean Crypto Exchanges South Korea’s National Intelligence Service (NIS) has started to alert the country’s major cryptocurrency exchanges about hacking attempts as threats of this nature are on the rise, the Yonhap news agency reported, quoting an announcement on Thursday. Upbit, Bithumb, Korbit and Coinone, the four…
Cosmos-Based Gravity DEX Rebrands and Moves Chains
The re-launch as “Crescent” comes after Gravity DEX struggled to establish itself as a larger player within the broader Cosmos ecosystem. Source
Kraken shuts down global headquarters as ‘San Francisco is not safe’
The Golden City is losing its shine as one of the largest United States-based cryptocurrency exchanges closes its San Francisco-based headquarters. Kraken CEO, Jesse Powell retweeted that Kraken will close its global headquarters on 548 Market Street, in the center of San Francisco. In the retweet shared by a San Francisco-based political commentator, Richie Greenberg, the decision cites that: “We shut down Kraken’s global headquarters on Market Street in San Francisco after numerous employees were attacked, harassed and robbed on their way to and from the office.” Cointelegraph reached out…
Industry Associations, Regulator Give Some Clarity on Singapore's Crypto Ad Rules: Report
Advertising to retail investors will be disallowed, as Singapore limits crypto trading to professional investors. Source
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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In this, we have discussed that how to invest in crypto and how to buy bitcoin. Here we have also given some tips for the Best crypto currencies to invest. Because the Investment for beginners and Bitcoin Investment is always a challenge. With a detailed fundamental analysis one can avoid these trading mistakes. How to analyze Cryptocurrency? | Cryptocurrency ka fundamental analysis Kaise Kare |Bitcoin analysis =========================================== Power of compounding in the stock market: How to invest in bonds: what is Forex…
EU Bans Providing High-Value Crypto Services to Russia
The move follows warnings that crypto is being used to circumvent sanctions imposed in response to the invasion of Ukraine. Source
Honduran Special Economic Zone Adopts Bitcoin as Legal Tender
The Honduran Special Economic Zone has adopted bitcoin and other cryptocurrencies as legal tender for the Honduras Prospera. The Honduras Prospera is an economic zone established in 2020 as a means to encourage investment. Honduras Prospera has autonomy on fiscal, budgetary, and administrative issues for the economic zones. This autonomy gives it the ability to approve the use of cryptocurrencies by residents, governments, and businesses. Local, municipal, and international firms will also be allowed to issue bitcoin bonds in their areas of jurisdiction. “Prospera’s flexible regulatory framework enables crypto-innovation and…
Russians collectively hold $130B in crypto, prime minister says
The Russian prime minister declared that the cryptocurrency holdings of Russians are worth billions of dollars but the government is yet to adopt a regulatory framework for the industry. Russians collectively hold more than 10 trillion rubles ($130 billion) in cryptocurrencies like Bitcoin (BTC), Russian prime minister Mikhail Mishustin claimed at the annual report presentation of the Russian government on Thursday. The prime minister did not mention the source for this figure, noting that the amount is based on “various estimates,” stating: “We are well aware that we have more…
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