Day: November 25, 2022

ApeCoin geo-blocks US stakers, two Apes sell for $1M each, marketplace launched

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United States-based ApeCoin (APE) holders could miss out on staking rewards after the U.S. was added to a list of regions geo-blocked from using an upcoming APE staking service. Blockchain infrastructure company Horizen Labs, which is building the site on behalf of the ApeCoin decentralized autonomous organization (DAO), revealed the news in a Nov. 24 update regarding ApeStake.io on Twitter, saying “unfortunately, in today’s regulatory environment, we had no good alternative.” Ape Staking Update: Big thanks to the talented community devs for their helpful improvements. Bug Bounty AIP delayed us…

Belgium says BTC, ETH and other decentralized coins are not securities

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Belgium’s financial regulatory body has confirmed its position that Bitcoin (BTC), Ether (ETH) and other cryptocurrencies that are issued solely by computer code do not constitute securities. The explanation came from Belgium’s Financial Services and Markets Authority (FSMA) in a Nov. 22 report, a draft of which was opened for comment in Jul. 2022. The clarification comes following an increase in demands for answers as to how Belgium’s existing financial laws and regulations apply to digital assets, according to the FSMA. While not legally binding under Belgium or European Union…

Elon Musk Confirms Bankman-Fried Owns 0% of Twitter Despite Reports Claiming a $100M Stake – Featured Bitcoin News

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Tesla CEO and Twitter chief Elon Musk has clarified that Sam Bankman-Fried, former CEO of collapsed crypto exchange FTX, does not own any stake in Twitter. This followed an article published by a Bankman-Fried-backed publication suggesting that Musk took $100 million from the former FTX executive. Elon Musk on SBF’s Alleged Investment in Twitter Elon Musk has clarified that Sam Bankman-Fried (SBF), FTX’s co-founder and former CEO, currently owns 0% of Twitter. The confirmation followed an article published Wednesday by Bankman-Fried-backed publication Semafor indicating that SBF owns a $100 million…

WEMIX token plunges 70% after it’s delisted by Korean exchanges

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South Korea’s largest crypto exchanges have announced they will delist WEMIX (WEMIX) — the native token of gaming company Wemade’s blockchain platform Wemix — alleging the firm provided “false information” in response to an investment warning it was issued. Bithumb, Upbeat, Coinone, Korbit and Gopax — which are part of a collective called the Digital Asset eXchange Alliance (DAXA) — announced on Nov. 24 that they would terminate contract support for WEMIX, with trading set to end on Dec. 8. In the investment warning issued Oct. 27, DAXA alleged that…

MetaMask will capture IPs | Blockchain News

A updated privacy policy agreement was issued by ConsenSys on November 23. The agreement states that beginning on that date, MetaMask would begin collecting the Ethereum wallet addresses and IP addresses of its customers whenever on-chain transactions take place. However, ConsenSys, the company that developed the wallet, clarifies that the gathering of users’ data will only take place if the users utilize the Infura Remote Procedure Call (RPC) program that is included with MetaMask by default. People that run their own Ethereum node or use a third-party RPC provider in…

Shopping․io Integrates DINO LFG Enabling $DINO for E-Commerce Shopping – Press release Bitcoin News

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press release PRESS RELEASE. Shopping.io announced their partnership with DINO LFG. DINO holders can now use their $DINO token for online purchases from major retailers like Amazon, eBay, Etsy, and Walmart. Shopping.io is known for allowing holders to spend their crypto effortlessly on global eCommerce websites and offering international shipping to over 60 countries. Moreover, by joining Shopping.io’s membership programs shoppers can enjoy cashback rewards (in the form of Shopping.io’s native token $SHOP) up to 20% when purchasing from major e-Commerce hubs such as Amazon, Walmart and Home Depot. On…