Month: August 2022

Cryptocurrency ini HALAL ke HARAM ? (Bitcoin / Ethereum dll)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Ramai cakap Cryptocurrency nih HARAM? Tapi ada je ustaz ataupun majlis fatwa kata harus? Dibolehkan? Ada jugak kata wang kripto ini syubhah, ada ragu-ragu? Pening kepala saya. Apa konsep wang kripto sebenarnya? Bagaimana mereka beroperasi? Apa tujuan CRYPTOCURRENCY dibuat? Learn more about how you can multiple your wealth securely! Click the link below to find out more: ———TIMESTAMPS——— 00:00 TEASER + DISCLAIMER 01:19 3 perkara tak patuh syariah 02:28 Apa itu CRYPTOCURRENCY + Sejarah 04:00 Hukum-hakam CRYPTOCURRENCY 07:24 Rujuk majlis fatwa 08:15…

Crypto Exchange Zipmex Appoints Restructuring Firm to Forge Recovery Plan

Zipmex is one of many crypto companies that withered as the market slid earlier this year. Bitcoin fell from $69,000 to $17,000 in six months, bankrupting lenders like Celsius Network and Voyager Digital while Singapore-based hedge fund Three Arrows Capital imploded. Zipmex loaned $48 million to Babel Finance, also a crypto lender, and $5 million to Celsius, none of which has been repaid. Source

Indian Agency Raids Crypto Exchange CoinSwitch Kuber for FX Law Violations

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Indian anti-money laundering agency, Enforcement Directorate (ED), raided the premises of CoinSwitch Kuber, one of the largest local cryptocurrency exchanges, under the suspension of forex law violations. Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in Online Trading, Fintech, Digital Assets, Blockchain, and Payments. The agency searched five premises linked to the crypto exchange, including office facilities and residences of directors and the CEO. CoinSwitch allegedly violated the Foreign Exchange Management Act (FEMA) with the acquisition of shares of over 20…

While Almost 80% of Russians Know Crypto, Only 6% Understand It Well, Survey Finds – Bitcoin News

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The overwhelming majority of Russians in big cities are well aware of the term cryptocurrency but those with a good understanding of the topic are quite a small proportion, a new poll has indicated. Experts say that currency restrictions imposed earlier this year are helping growth in interest and adoption. A Third of Russians Ready to Buy Crypto Assets Within Months Just 6% of Russian internet users understand cryptocurrencies relatively well, although 80% have heard about them. The findings come from a survey conducted by hardware wallet developer Tangem among…

Bitcoin may 'relief rally' to $35k this summer; Crypto winter still far from over – Florian Grummes

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Florian Grummes, managing director of Midas Touch Consulting, joins David Lin, anchor for Kitco News, to discuss the outlook for Bitcoin. Follow David Lin on Twitter: @davidlin_TV ( Follow Kitco News on Twitter: @KitcoNewsNOW ( Follow Florian Grummes on Twitter: @FlorianGrummes ( 0:00 – Bitcoin & Crypto Winter 18:00 – We are already in a recession 23:45 – How severe is this recession? #crypto #bitcoin #inflation __________________________________________________________________ Kitco News is the world’s #1 source of metals market information. Our videos feature interviews…

Three Arrows Capital Co-Founder Calls Crypto Hedge Fund’s Liquidators Inaccurate, Misleading: Report

CryptoX – Cryptocurrency Analysis and News Portal Zhu described the complex network of Three Arrows entities registered in different jurisdictions including Singapore, the British Virgin Islands and the U.S. state of Delaware. As a result of the diffuse structure, the Singapore-based entity – Three Arrows Capital Pte Ltd (TACPL) – may not be able to comply completely with the liquidators’ demands, according to Zhu. Original Source The post Three Arrows Capital Co-Founder Calls Crypto Hedge Fund’s Liquidators Inaccurate, Misleading: Report appeared first on CryptoX. CryptoX Portal

Three Arrows Capital Co-Founder Calls Crypto Hedge Fund’s Liquidators Inaccurate, Misleading: Report

Zhu described the complex network of Three Arrows entities registered in different jurisdictions including Singapore, the British Virgin Islands and the U.S. state of Delaware. As a result of the diffuse structure, the Singapore-based entity – Three Arrows Capital Pte Ltd (TACPL) – may not be able to comply completely with the liquidators’ demands, according to Zhu. Source

Waves-backed stablecoin USDN breaks peg again amid protocol upgrade

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As the crypto community tries to navigate the bear market and recover from the onslaught brought about by stablecoin incidents like the Terra crash, another algorithmic stablecoin shows signs of struggle as it falls below its dollar peg.  Algorithmic stablecoin Neutrino Dollar (USDN) has deviated from the dollar once again, marking the fourth time that USDN struggled to maintain its dollar peg this year. The Waves-backed stablecoin is trading at $0.90 at the time of writing. Correlation =/ Causation here But every time #USDN from #WAVES has depegged There has…

Singapore MAS examines crypto firms ahead of new regulations: Report

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The Monetary Authority of Singapore (MAS) has started taking measures to prepare for new cryptocurrency regulations addressing the ongoing liquidity crisis and withdrawal issues. Singapore’s central bank has sent detailed questionnaires to some applicants and holders of the MAS’ Digital Payment Token licenses, Bloomberg reported on Friday. Sent over the last month, the questionnaires were reportedly seeking “highly granular information” about business activity and holdings by examined crypto firms. The checks were focused on firms’ financial stability and interconnection, with questions including top tokens owned, top lending and borrowing counterparties,…