August 2022

Crypto Future Trading Halal vs Haram in Islam | Cryptocurrency in Islam

August 17, 2022

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World Bank Affiliate IFC Backs Blockchain-Based Platform for Carbon Offsets

August 17, 2022

International Finance Corp (IFC), a World Bank affiliate focused on investment in less-developed countries, is backing a blockchain-based platform for the trading of carbon offsets. Source AffiliateBacksBankBlockchainbasedCarbonIFCoffsetsPlatformWorld CryptoX Portal

TA- Bitcoin (BTC) Unable To Hold Above $24,000 Ahead Of Bearish Signs

August 17, 2022 boss

The price of Bitcoin BTC has struggled to hold above $24,700 against Tether (USDT) after being rejected from that region. Bitcoin in recent times has shown bullish signs after rallying to the $24,000 mark, with many investors speculating this could be the start of the bull run. The price of BTC was rejected from $25,200 and has struggled to reclaim that region. Bitcoin (BTC) Price Analysis On The Weekly Chart Weekly BTC Price Chart | Source: BTCUSDT On Tradingview.com From the chart, the price of BTC saw a weekly low…

Do Kwon reportedly hires lawyers in S.Korea to prepare for Terra investigation

August 17, 2022

Terraform Labs co-founder Do Kwon has reportedly hired a lawyer from a domestic law firm in South Korea just days after claiming the South Korean authorities are yet to reach out to him or file any charges against him. According to a local media report, Kwon recently submitted a letter of appointment to an attorney at the Seoul Southern District Prosecutors’ Office, the department that is currently investigating the Terra-LUNA collapse. While Kwon claims no charges were filed against him, prosecutors in South Korea behind the investigation of Terraform Labs…

Crypto Analysts Reject Latest DOGE, SHIB Rally as Contrarian Signal

August 17, 2022

Dogecoin (DOGE), the biggest meme cryptocurrency by market cap, has gained 21% in the past seven days to trade near $0.09, the most since June 1. Shiba inu (SHIB), the self-proclaimed dogecoin killer, rallied more than 50%, hitting a three-month high of $0.00001700, according to CoinDesk data. Market leaders bitcoin (BTC) and ether (ETH) have risen just 3% and 11% respectively. Source

UK hits double-digit inflation for the first time in 40 years

August 17, 2022 boss

The inflation rate in the United Kingdom reached 10.1%, according to the Office for National Statistics (ONS). The Consumer Prices Index (CPI) rose by 10.1% in the 12 months to July 2022. It’s a significant leap from 9.4% in June. The ONS stated that housing and household services, including fuel and transport (fuel again), food and beverages are to blame for the surge in prices. The price at the pump in the United Kingdom currently stands at roughly £1.72 ($2.08) per liter, having almost breached the £2 mark recently. For…

Crypto Investment Firm CoinFund Launches $300M Web3 Fund

August 17, 2022

The CoinFund Ventures I fund will invest in companies showing commercial traction that also belong to a crypto sector with a large total addressable market, said David Pakman, CoinFund managing partner and venture investing head, in an interview with CoinDesk. Areas of interest include layer 1 blockchains, Web3 infrastructure, non-fungible tokens (NFTs), gaming and asset management. Source

UK Group to Test Stablecoin Payments, Provide Data to Bank of England

August 17, 2022

“With the advent of DLT [distributed ledger technology] and blockchain technology, digital assets are ushering in a new era for money, with potentially transformative benefits for consumers, businesses, financial institutions and states,” said Kunal Jhanji, a managing director and partner at Boston Consulting Group. Source

0 fees on #bitcoin trading #binance | Bitcoin Big Update | crypto today update

August 17, 2022

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Israel Arrests 3 in Crypto Scheme to Launder Millions Stolen From France – Bitcoin News

August 17, 2022 boss

Police in Israel have detained three suspects who allegedly laundered millions of euros stolen from the French treasury through cryptocurrency transactions. The money came from government grants for businesses affected by the Covid-19 pandemic. Israeli Law Enforcement Busts Money-Laundering Ring Using Coins to Clean Money for French Fraudsters Three people have been arrested in Israel this week on suspicion of providing money-laundering services to criminals who defrauded the French state. The operation follows a covert investigation carried out by Lahav 433, Israel’s special crime-fighting unit, the English-language online newspaper Times…