The fact sheet, which is the first report published as a result of U.S. President Joe Biden’s executive order on crypto, said the framework “is intended to ensure that … America’s core democratic values are respected,” pointing to consumer, investor and business protection, the safety of the global financial system and interoperability. Source
Day: July 7, 2022
Latin American Exchange Bitso Brings Crypto Remittance Service to Colombia
“These transactions are not affected by volatility at all,” said Emilio Pardo, country manager of Bitso in Colombia. “The price of the stablecoins that we use depends on the international currency market, with parity with the dollar, a great benefit to beat inflation.” Source
Coinbase Shows Crypto Market Performing Similar To Other Traditional Markets
Crypto coins exhibited exponential growth through the years, raising attention to the crypto space. There was no correlation between crypto performance and the conventional stocks of different commodities. However, all that seems to be fading into thin air from the recent activities and trends of digital assets. The chief economist of Coinbase, a crypto exchange, has reported a change in the risk profile of crypto assets. According to the analysis from Cesare Fracassi, crypto performance is similar to those of stock commodities. This means that prices of crypto assets now…
How will NFTs bridge traditional gaming with blockchain? Enjin’s CTO Witek Radomski explains
When it comes to nonfungible tokens, or NFTs, the subject is often a hit or miss for traditional gamers. While some players welcome the idea of being able to trade in-game digital collectibles for real money, others lament that NFTs could potentially take away the inherent entertainment built within games. So can NFTs contribute any additional value to traditional games, other than turning them into play-to-earn “moneymakers?” To answer this, Cointelegraph Markets Pro spoke to Enjin’s chief technology officer and co-founder Witek Radomski via an ask-me-anything session. Enjin offers a…
Tin nóng: ĐẠI PHẪU iPhone 14. Smartphone Blockchain khiến fan đổ rần rần
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Nội dung video 0:00 Mở đầu 0:18 Honor và Huawei cùng thành công khi tách rời 1:17 Nhu cầu đối với dòng iPhone 14 dự kiến … ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Argo Blockchain reports selling 637 BTC to pay debts
Argo Blockchain has joined crypto mining firms including Bitfarms, Core Scientific and Riot Blockchain in selling part of its Bitcoin holdings. In a Thursday blog post, Argo said it sold 637 Bitcoin (BTC) in June for an average price of $24,500 — roughly $15.6 million. The company planned to use the funds to reduce its debt to Galaxy Digital, from which Argo secured separate $20 million and $25 million BTC-backed loan agreements in 2021. The mining company reported that as of June 30, it had an outstanding balance of $22…
Mt. Gox Effect On Bitcoin Resurface, Victims to Receive 150K BTC?
Victims from crypto exchange Mt. Gox hacked could finally see compensation for their lost Bitcoin. Almost a decade after an attack forced the platform to shut down, users began a long litigation process which could be which could bear fruit in the next coming months. Related Reading | Bitcoin Funding Rates Are Climbing As Price Continues To Struggle In the crypto space, people have been following the case due to its potential implications for the Bitcoin market. In 2014, a bad actor managed to steal over 850,000 BTC, Mt. Gox managed…
World’s largest bitcoin fund sues SEC over crypto ETF rejection
Digital currency asset manager Grayscale is suing the U.S. Securities and Exchange Commission in response to its latest rejection of the company’s prospective spot bitcoin exchange-traded fund. Last Wednesday, the SEC denied Grayscale’s application to convert its bitcoin trust to a spot ETF. The company filed a lawsuit the same day. Grayscale Bitcoin Trust, under the ticker GBTC, is the world’s biggest publicly traded bitcoin fund. “We were simply asking the SEC to hold this product to a higher standard, to give it greater investor protection and give greater risk…
TPS Capital Says It’s ‘Independent’ From Three Arrows Capital
Now, TPS, named after the Tai Ping Shan mountain on the island of Hong Kong, says Three Arrows Capital was merely a TPS client and the two entities’ cooperation was more within a “referral capacity,” with TPS serving as an “agent” or “intermediary” in financial transactions. Source
Exchange español Bit2Me planea duplicar su equipo en 12 meses y realizar tres adquisiciones
La financiación para las nuevas contrataciones y adquisiciones vendrá de dinero de la compañía, incluyendo parte de los €20 millones que levantó a través de un ICO en 2021, dijo Ferreira, quien no descartó la suma de capital por parte de algún socio estratégico. “No es algo que necesitamos o queremos cerrar de inmediato”, dijo, y agregó: “Estamos abiertos a la entrada de un socio estratégico. No nos obsesiona”. Source