Day: July 19, 2022

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Dubai Regulator Grants Crypto Trading App OKX License to Extend Services in the UAE – Regulation Bitcoin News

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The Seychelles-based crypto trading app, OKX, recently became the latest virtual assets service provider to be granted a provisional licence to provide its services in the United Arab Emirates (UAE). The provisional licence allows OKX to extend certain exchange products and services to pre-qualified investors and financial service providers. OKX Allowed to Extend Certain Exchange Products The Dubai digital asset regulator, the Virtual Assets Regulatory Authority (VARA), recently granted the Seychelles-based crypto trading platform OKX a “provisional virtual assets license to provide services to qualified investors in the UAE.” According…

Catheon Gaming Named Top Blockchain Firm in APAC Region

Catheon Gaming, an Australian-based blockchain gaming and entertainment company, has been named as one of the leading emerging giants in the Asia-Pacific (APAC) region, according to the latest joint first report by KPMG and HSBC. On Monday, July 18, KPMG & HSBC published their joint report entitled ‘Emerging Giants in Asia Pacific,’ which took a look into a comprehensive analysis of new economy businesses (such as fintech, biotech, software as a service (SAAS), etc.,) across the region, which they consider are making a lasting impact on the global business landscape…

How Blockchain is Revolutionizing Business-Communication Networks

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The traditional model of communication networks is based on a centralized infrastructure where a single entity controls the entire network. This approach has several disadvantages, including vulnerabilities to attacks and information censorship. From a business standpoint, most enterprises rely on external entities for their communication infrastructure because of high construction and maintenance costs. However, this results in siloed communication networks lacking interoperability and having inefficiencies. Moreover, with the increasing use of email scraping tools, employees spend around two hours daily weeding out spam from essential emails. Considering such bombardment of…

Yuga Labs warns of ‘persistent threat group’ targeting NFT holders

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Bored Ape Yacht Club (BAYC) creator Yuga Labs has warned there may soon be a “coordinated attack” targeting multiple non-fungible token (NFT) communities. The NFT company told its Twitter followers on July 19 that its security team has been tracking a “persistent threat group” targeting the NFT community through compromised social media accounts, urging followers to be on the lookout. Our security team has been tracking a persistent threat group that targets the NFT community. We believe that they may soon be launching a coordinated attack targeting multiple communities via…

10 things to know before you start mining

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io in these video i am going to talk about 10 common questions asked in mining buy 700 watt power supply 12 gpu tb 250 btc motherboard wifi adapter ram 8gb hyperx fury 120 gb ssd risers 6 pack hdmi to vga converter gtx 1060 6gb mini Happy Life by FREDJI Music promoted by Audio Library how much internet is required in mining ethereum mining how much hashrate in ethereum mining how much investment in mining rig how many cards required in mining…

Ethereum staking service Lido announces layer-two expansion

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Crypto staking service provider Lido Finance has announced plans to expand staked Ether (stETH) support across the ecosystem of Ethereum Layer two (L2) networks. In a July 18 blog post, the Lido team noted that it would initially begin by supporting Ether staking via bridges to L2s using wrapped stETH (wstETH). Moving forward, it will eventually enable users to stake directly on the L2s “without the need to bridge their assets back” to the Ethereum mainnet. In terms of partnered L2s, the team stated that before the announcement, it had…

Marathon inks new arrangements to achieve 2023 hash rate target

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Bitcoin miner Marathon Digital Holdings has secured a deal that it says provides electricity to generate enough power to contribute 23.3 exahashes per second (EH/s) to the Bitcoin network. Marathon revealed in a July 18 announcement that data center operator Applied Blockchain would host 254 megawatts of power, with an option to add 70 megawatts from various other providers, including Compute North. Marathon expects this hosting deal will help it achieve its goal of 23.3 EH/s in computer power by 2023. Exahashes per second (EH/s) refers to the amount of…

Leading Auction House Christie’s Launches Web3 and Fintech Venture Arm – Bitcoin News

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On Monday, Christie’s, the leading British auction house founded 256 years ago in 1766, announced the launch of a new venture fund called Christie’s Ventures. According to the announcement, the company’s venture arm plans to focus on “[Web3] innovation, art-related financial products and solutions, and technologies that enable seamless consumption of art.” Christie’s Ventures to Foster ‘Web3 Innovation, Art-Related Financial Products’ The British auction house Christie’s has revealed a new venture fund that aims to support “emerging technology and fintech companies.” The firm said that it plans to work in…