The exchange joins other crypto platforms like Binance and Luno that recently obtained similar approvals in France. Source
Trading Platform Crypto.com Secures Regulatory Approval to Operate in France
Month: September 2022
InVar Finance Builds InVaria2222 as the Team Looks to Provide Hybrid Finance Services – Press release Bitcoin News
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…
Luna Crypto Investors Failed to Appreciate the Risks, Galaxy Digital’s Novogratz Says
“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
Digital Euro Could be More Popular Beyond EU’s Borders: Lagarde
“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
Crypto exchange Bitkub targeted by Thai SEC with wash trading claims
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…
Bitcoin Price Retreats Below $19,000
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…
Crypto bear market offers ‘good opportunity to build’: Valkyrie Funds CEO
▶ 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…
Why Should You Launch A White Label NFT Marketplace Platform Right Away?
Consider buying a digitally created artwork on the Internet for a decent amount and receiving a unique digital token that certifies your ownership of the artwork. Wouldn’t that be fantastic? That option is now available, courtesy of NFTs. NFTs are currently sweeping the digital art and collectibles industry. Just as everyone thought Bitcoin was the digital solution to currency, NFTs are now being marketed as the digital response to collectibles. Let’s get started and see what all the hype is about! What is NFT? Non-fungible tokens (NFTs) appear to…
MEV bot earns $1M but loses everything to a hacker an hour later
An Ethereum arbitrage trading bot managed to hit the jackpot and lose it all on the same day in an ironic turn of events in decentralized finance (DeFi). In a Twitter thread, Robert Miller, who works at the research firm Flashbots, shared how a Maximal Extractable Value (MEV) bot with the prefix 0xbadc0de was able to earn 800 Ether (ETH), around $1 million, through arbitrage trades. According to Miller, the bot took advantage of a huge arbitrage opportunity that came when a trader attempted to sell $1.8 million in cUSDC…
Is Peter Thiel’s Pro-Dropout Fellowship Mostly an Advertisement for Himself?
A core flaw in the program, according to Chafkin’s reporting for “The Contrarian,” is the nearly complete lack of any supervision or training. The Thiel Fellowship is sometimes compared to early-stage venture accelerator Ycombinator, but Ycombinator is highly structured, including regular check-ins where participants report their progress. The Thiel Fellowship, at least for its first several years, had no such requirements. Access to Thiel himself was limited, and often perfunctory. Source