Day: August 29, 2022

Formula One trademark filing paves the way for F1 NFTs

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Formula One could introduce nonfungible tokens (NFTs), digital collectibles and cryptocurrency payment support ahead of the inaugural Las Vegas Grand Prix in 2023. F1’s trademark department registered two new trademark filings with the United States Patent and Trademark Office on August 23. The filings outline the trademark and logo for the Las Vegas Strip Circuit and a wide-ranging list of goods and services that the event intends to offer during next year’s race. Of particular interest were specific mentions of NFT and cryptocurrency-related offerings as well as blockchain-powered transactional services.…

Ilies Larbi’s Crypto Exchange Ouinex Seeks €1M in Pre-ICO Round

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Ouinex, the cryptocurrency exchange launched by FX industry veteran Ilies Larbi, informed Finance Magnates that it is aiming to secure €1 million in its pre-initial coin officer (pre-ICO) funding round Funding Round Startups look to raise capital can participate in a funding round. These refers to the various rounds of funding that occur upon proof of concept, customer base growth, and the probability of success. While they are various types of funding rounds, the most commonly seen in startups include the following funding rounds: Seed, Series A Fundraising, Series B…

Budget Cryptocurrency Mining Rig Build in 2021 ( Complete step by step procedure in Hindi)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 🛠Budget Cryptocurrency mining Rig build🛠 Blog about mining rig build with detail information with your questions and answers in Hindi & English Version www.miningrigbuild.blogspot.com 💡🤔Missing points in the video:-🤔💡 * Internet speed dosen’t matter for mining, infact 2G speed it’s ok. * Do not turn on your computer other then mining rig when Bootable flash drive is inserted, first remove it and then turn on your computer, because your computer will start mining when bootable flash drive is inserted. Hive OS mining…

MAS doesn’t trust retail crypto investments, mulling more regulations

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The managing director of the Monetary Authority of Singapore (MAS), Ravi Menon, addressed the agency’s mixed signals on crypto in the public sphere at a seminar on Aug. 29. The public claimed that local regulators were spreading crypto-positive sentiments while simultaneously threatening more regulations. According to the new statement from Menon, the observation is not entirely wrong. He says the agency needs to do “a better job explaining” the situation. Overall, MAS is pro-digital assets, as directly stated by Menon, “yes to digital asset innovation, no to cryptocurrency speculation.” Regulators…

Ripple CEO comments on Crypto Leaks, denies funding law firm to target others

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Ripple CEO Brad Garlinghouse took to Twitter to deny recent explosive claims made by Crypto Leaks, an online publication focusing on corruption and fraud-related news in the crypto ecosystem. Crypto Leaks published a report on Friday containing a series of short videos from an unknown source. The report claimed that Ava Labs formed a secret pact with the law firm to use the American legal system “gangster style” to “attack and harm crypto organizations.” The same report also alleged that Ripple CEO Brad Garlinghouse funded a law firm to target competitor…

Crypto ATM Company Bitbase Prepares to Open Operations in Venezuela This Year – Exchanges Bitcoin News

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Bitbase, a cryptocurrency store and ATM company headquartered in Spain is preparing to open operations in Venezuela this year. The company is now looking for employees for the stores and crypto ATMs that will be opened. Bitbase would be one of the first international exchanges to open an office in the country. Bitbase Prepares to Launch Operations in Venezuela Latam countries have become an attractive destiny for cryptocurrency exchanges and companies due to the relevance that crypto assets have reached in some countries. This is because of the…

Dubai issues crypto marketing rules to better protect investors

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Amid Dubai moving forward with a new license program for cryptocurrency service providers, local regulators are introducing additional marketing and advertising rules for the industry. Dubai’s Virtual Asset Regulatory Authority (VARA), the city’s dedicated crypto regulator, reportedly announced new regulatory guidelines on marketing, advertising and promotions of virtual assets on Aug. 25. In the rules, the VARA referred to all forms of outreach, communications and advertising, dissemination of information, building awareness, customer engagement, investor solicitation and others, the local news agency Gulf News reported. The guidelines cover all virtual asset-related…

Crypto News Today: Cryptocurrency Tax in India Explained, Latest Updates | Crypto Market Crash

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Cryptocurrency Tax Latest News Today: India में इन दिनों Crypto की बातें हो रही हैं. Crypto Bill 2022 और Cryptocurrency Tax in India खूब चर्चा में है. Finance Minister Nirmala Sitharaman ने Budget 2022 में Crypto Tax की बात की थी और सरकार ने Cryptocurrency में हुए Profit पर 30% Tax लगाया था. देश में सभी Crypto Investors, Crypto Exchanges, Crypto Wallets और Crypto Trading Apps (WazirX, CoinDCX, CoinSwitch Kuber) इसको लेकर परेशान लग रहे हैं. लोगों ने Best Crypto Coins (Bitcoin,…

Singapore’s Central Bank Wants to Foster Digital Assets, Restrict Crypto Speculation

According to Menon, while the digital asset ecosystem uses blockchain, distributed ledger technology and tokenization to allow “anything of value to be represented in digital form, and to be stored and exchanged on a ledger that keeps an immutable record of all transactions” cryptocurrencies are just “heavily speculated upon” while their prices “have nothing to do with any underlying economic value.” Source