Regarding criticism around corruptible judges, Daniel Goldman, an engineer at Ethereum scaling company Offchain Labs, noted, “Those outcrying against this seem unaware of how many widely used ERC-20 tokens today have centralized admins with *complete* power to arbitrarily rug its holders (mint, burn, freeze, etc.) and get little-to-no pushback for it.” Source
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The exchange joins other crypto platforms like Binance and Luno that recently obtained similar approvals in France. Source
press release PRESS RELEASE. InVar Finance has recently built InVaria2222, the RWA tokenization world, which is currently in its first stage. InVar intends to create hybrid financial services by bridging the crypto sector with the real economy, such as TradFi with DeFi and RWA tokenization, which pertains to real-world assets. It all began in the RWA tokenization world when InVaria2222 leveraged traditional real estate investment to provide transparency, accessibility with low frictions, and higher composability. What’s there to know? The team cultivates strong relationships with regulators, real estate developers, and…
“It was heartbreaking when the whole thing collapsed,” he said. “When a token goes from 20 cents to $100 and you don’t take profit, that’s lunacy.” The problem was a lack of “risk management methodology” for many retail investors who excitedly bought into the token as it was appreciating. Source
“Similar design features would have to be applied to the use of a digital euro by non-residents. This would stop a digital euro replacing other forms of investment and facilitating currency substitution in countries outside the euro area,” Fabio Panetta, an ECB executive board member, said in a 2021 speech. “In any event, international cooperation on design, cross-border use and interoperability would be key to reap the potential benefits of CBDCs for cross-border payments, while addressing risks to the international financial system.” Source
Thailand’s largest crypto exchange Bitkub has come under regulatory scrutiny from the country’s Securities and Exchange Commission (SEC) over falsifying and creating artificial trading volume on its platform. Thai SEC ordered legal action against the crypto exchange and two individuals alleging the crypto platform was involved in wash trading, a process where investors buy and sell the same assets at the same time in order to manipulate the market by inflating volumes. The latest enforcement action against the leading Thai crypto exchange would be the second penalty for the crypto…
The average Bitcoin price in September of last year was $45,965. It even hit and surpassed the $50K mark three times back then. It did so when it closed September 4, 2021 at $50,000, September 5 at $51,692, and September 6 at $52,644.49. But the largest cryptocurrency by market capitalization is struggling to replicate that kind of run this year as it continues to struggle to hold even just the $20K price range. As of this writing, BTC is trading at $18,802, according to data from CoinGecko. It slightly spiked…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #crypto #bearmarket #cryptocurrency Valkyrie Funds CEO Leah Wald joins Yahoo Finance Live anchor Julie Hyman to discuss bitcoin falling below $21,000, the crypto sell-off, bear markets, and the outlook for the cryptocurrency market. Don’t Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE: Subscribe to Yahoo Finance: About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo…