Nexo is being sued by a group of investors for allegedly blocking 107 million British pounds ($126 million) worth of crypto in 2020-21, according to a report. Source
Day: November 21, 2022
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First official DAO in the US to fight SEC without attorneys
The first official decentralized autonomous organization (DAO) in the United States is taking on the Securities and Exchange Commission (SEC) over its 2021 token registrations. American CryptoFed DAO has told Cointelegraph it will represent itself without an attorney over SEC allegations that it omitted and misstated information in a securities registration last year. The DAO registered its native, interdependent stablecoin Ducat and governance token Locke in its 2021 filing with the SEC, but the regulator has begun proceedings to issue a stop order citing a raft of problems with the…
Brazilian Bank Itau Unibanco to Offer Cryptocurrency Custody Services in 2023 – News Bitcoin News
Itau Unibanco, one of the biggest Brazilian banks, has announced it will offer cryptocurrency custody services in 2023. Itau Digital Assets, the cryptocurrency unit of the company, will be responsible for this offering, which will be first available to customers of the bank, and then to third parties as a service. Brazilian Bank Itau Unibanco to Debut Crypto Custody Offering Itau Unibanco, one of the largest private banks in Brazil and Latam, has decided to step into the crypto-related services business. The company announced on Nov. 17, 2022, that it…
Assessing the Top-Performing Layer-1 Blockchain Protocols
Crypto technology has made incredible advancements over the past few years, and now the blockchain protocol industry is extremely competitive. As gains have been made with speed, scaling, and power consumption, the promise of Web3 and the growth of a blockchain-based internet are beginning to redefine possibilities in tech. With Bitcoin, blockchain technology was first introduced as a financial tool for creating and managing cryptocurrency. It quickly evolved into programmable money and smart contracts after the launch of Ethereum. Now blockchain aims to counter the centralization of all databases, storage,…
JEST SUPER! Bitcoin, ADA, SOL – analiza techniczna
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Grupa szkoleniowo-sygnałowa Kurs Analizy technicznej Handluje na Binance (+BONUS) Wykresy rysuje na: Analiza techniczna kryptowaluty Bitcoin, Materiał nie stanowi analizy inwestycyjnej, analizy finansowej ani innej rekomendacji o charakterze ogólnym dotyczącej transakcji w zakresie instrumentów finansowych, o których mowa w art. 69 ust. 4 pkt 6 ustawy z dnia 29 lipca 2005 r. o obrocie instrumentami finansowymi. Materiał nie stanowi także rekomendacji w rozumieniu Rozporządzenia Ministra Finansów z dnia 19 października 2005 r. w sprawie informacji stanowiących rekomendacje dotyczące instrumentów finansowych, ich emitentów…
More Than 50% of Bitcoin Addresses Are Now in Loss
The previous bear markets ended with the majority of addresses being out of the money, onchain data show. Original
Binance makes moves in hardware wallet industry with new investment
The cryptocurrency exchange Binance is making a move in the hardware wallet industry, with its venture capital arm investing in the cold wallet platform Ngrave. Binance Labs has made a strategic investment in the Belgian hardware wallet firm Ngrave and will lead its upcoming Series A round, the firm officially announced on Nov. 21. Founded in Belgium in 2018, Ngrave specializes in self-custody, providing a security suite comprising three major elements, including connectionless hardware wallet Zero, key backup tool Graphene and the Liquid mobile app. Yi He, co-founder of Binance…
Curve Finance (CRV) Has Lost 31% Of Its Value In Last 30 Days
The price of Curve Finance’s native token, CRV, has been falling precipitously in recent weeks as the bears have pounced. The present bear market has been relentless in its assault on traders and investors. As the FTX crisis continues to weigh on the cryptocurrency market as a whole, prominent cryptocurrencies like Bitcoin and Ethereum are likely to continue to feel the pain. Given the strong relationship between CRV and ETH, the latter is likely to suffer further declines in the near future. Latest Numbers: Steady Drop In Value According to…
UK May Need Digital Pound, Bank of England’s Jon Cunliffe Says
“Over the past few days, I have had a few comments both to the effect that the collapse of FTX shows that we need to get on and issue a digitally native pound – and to the effect that FTX shows that we do not need do so,” Cunliffe said at a conference at the Warwick Business School in Coventry, England. Source