Day: November 8, 2022

Crypto Exchange Coinbase Germany Ordered by Regulator to Tackle “Organizational Deficiencies”

The Federal Financial Supervisory Authority, known as BaFin, said Coinbase Germany was in violation of standards set by the German Banking Act. The announcement referenced Section 25a (1) of the Act, which lays out requirements for firms to maintain risk-bearing capacity, adequate staffing, emergency management mechanisms such as IT systems and transparent remuneration systems for employees – including management. Source

Bitcoin․com Doubles Down on Self-Custody With Launch of Verse DEX – Press release Bitcoin News

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press release Bitcoin.com, a digital ecosystem and secure self-custody platform where users can safely and easily interact with cryptocurrencies and digital assets, has launched support for Ethereum in its decentralized exchange, Verse DEX, with ~$2 million in liquidity initially distributed across six trading pairs. The full-featured decentralized exchange will work seamlessly with the self-custodial multichain Bitcoin.com Wallet, providing millions of people with a simple but secure way to permissionlessly swap cryptocurrencies without having to rely on third-party custodians. “Bitcoin.com is a gateway for millions of newcomers to decentralized finance. In…

Polygon Beats Estimates As MATIC Registers 26% Weekly Gain.

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Polygon (MATIC) surpassed expectations with regards to its trading price as it ended up being the top gainer in a seven-day period right now among the top 15 cryptocurrencies in terms of market capitalization. Trading at $1.11 according to latest tracking from Coingecko at press time, the altcoin managed to climb by 26% for the past week. Its biweekly and monthly performances are also impressive, increasing by 23% and 35%, respectively. Here’s a quick glance at how MATIC is ushering the new month. Polygon continues to hold the crucial $1…

Google, Coinbase Partner on Cloud Crypto Payments

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Google has teamed up with crypto exchange Coinbase to accept crypto payments for cloud services early next year. Oppenheimer Senior Analyst Owen Lau discusses the details of the deal and its significance, saying “it’s another validation to the digital assets industry … and Coinbase’s capability.” ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Gamefi Project Oasys Aims to Grow Blockchain Gaming in Japan Through YGG Partnership – Blockchain Bitcoin News

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Oasys, a gaming-oriented, Japan-based Web3 project, is partnering with YGG, a blockchain gaming guild, to grow blockchain gaming in Japan. The partnership encompasses the use of YGG resources to promote gaming projects built on top of the Oasys ecosystem, giving developers from all over the world an opportunity to get into Japan’s gaming market. Oasys Aims to Open Japan’s Gaming Markets to Developers Worldwide Oasys, a gamefi-oriented blockchain (with “gamefi” meaning basically the intersection of gaming and finance), is aiming to leverage its stance as a Japan-based project to offer…

VeChain (VET) Climbs 10% In Last 7 Days

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The VeChain (VET) price has been able to build on its bullish momentum over the past week and is currently bucking the current market trend. As Bitcoinist reported, the entire crypto market is currently facing a major fear of a contagion effect triggered by the perceived troubles of the US exchange FTX. Within the top 100 by market cap, there are currently only a handful of altcoins besides VeChain, including Chainlink (LINK) and Toncoin (TON), that are showing price gains within the last 24 hours despite the turmoil. VET is…

EIP-3651 to cut gas fees for key network participants

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Ethereum’s Shanghai upgrade, the next major upgrade post Merge, is slated for the second half of 2023. The upgrade would be a key milestone as it would allow holders who have staked their Ether (ETH) for years to withdraw them systematically and make the network more scalable. Apart from some of the major scalability upgrades, the key event would also tuck in a few minor Ethereum improvement proposals (EIPs), including EIP-3651, EIP-3855 and EIP-3860. Among all the upcoming improvement proposals, EIP-3651, called WARM Coinbase, could be a game changer that…

Crypto Exchange Coinmetro Seeks US And Europe Expansion Amid Bearish Market

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With the increasing adoption and acceptance of crypto assets, more crypto-related firms and service providers are rising. Also, they are taking their expansion visions in the sector very seriously. However, crypto industry regulations have placed limitations on some firms’ goals. Most top-tier regulators require the fulfilment of some rules for the operation of crypto service providers in their regions. These include registration and other license approval from the country watchdogs. Coinmetro, a crypto exchange, expressed its plans for a global expansion in a new development. This plan propelled the firm…

Best Crypto Exchange App In India 2021 | Top 5 Cryptocurrency Trading Apps Comparison | bekifaayati

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Best Crypto Exchange App In India 2021 | Top 5 Cryptocurrency Trading Apps Comparison | bekifaayati In this video, we cover the leading cryptocurrency exchanges in India namely, WazirX, Coinswitch Kuber, CoinDCX, ZebPay, and Binance. This is a detailed comparison and after watching this video you will be able to decide which is the best app to buy cryptocurrency in India for you and which one to use! We’ll cover the differences between deposit and withdrawal charges, maker fee, taker fee, hidden…

DeFi faces criticism for denying user access based on wallet content

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While decentralized finance (DeFi) is expected to be an upgrade to traditional finance mechanisms, some believe that denying users access to decentralized exchanges based on their wallets is a backward move.  In a tweet, entrepreneur Brad Mills criticized DeFi for denying users access to decentralized exchanges (DEXs) due to various factors such as location and wallet content. Because of this, Mills described the future of Web3 as a “surveillance panopticon” and said that it has rebuilt everything wrong with Wall Street but on a blockchain. Within the tweet, Mills also…