Day: January 15, 2023

Combined Transactions on Arbitrum and Optimism L2 Chains Outpace Ethereum’s Daily Transfer Count  – Defi Bitcoin News

boss

Since The Merge, Ethereum’s onchain fees have been considerably lower. However, combined transaction volume on layer two (L2) chains Arbitrum and Optimism has outpaced Ethereum’s onchain transaction output. On Saturday, Jan. 14, 2023, Ethereum processed 1.10 million onchain transactions, while combined transactions on Arbitrum and Optimism reached 1.32 million for the same day. Rise of L2 Scaling Solutions Arbitrum and Optimism Onchain transaction fees have decreased significantly since the first week of Aug. 2022 and even more so since the blockchain transitioned from a proof-of-work (PoW) blockchain to a proof-of-stake…

Poland’s Consumer Protection Agency Opens Case Against Cryptocurrency Exchange – Exchanges Bitcoin News

boss

The body ensuring that consumer rights are respected in Poland has initiated proceedings against a crypto exchange falsely claiming to be Polish. The trading platform also misled customers that it was operating with the regulatory approval of the financial authorities in the country. Belize-based Exchange Risks Hefty Fine in Poland for Allegedly Deceiving Crypto Traders The Polish Office of Competition and Consumer Protection (UOKiK) is pressing charges against Good Solution Investments Ltd., the operator of Kanga Exchange. According to the agency, the coin trading platform claims that its “business model”…

Bank of Thailand to allow first virtual banks by 2025

boss

Bank of Thailand (BOT) has disclosed plans to allow virtual banks to operate in the country for the first time. Financial firms will be able to provide services by 2025, a Bloomberg report shows.  The ‘Consultation Paper on Virtual Bank Licensing Framework’ has been published by the central bank, and applications shall be available later in 2023, allowing virtual banks to act as financial services providers. The move focuses on boosting competition and Thailand’s economic growth. The BOT will issue three different licenses for interested companies by 2024. There are…

Nigeria Debt Management Office’s $48.8 Billion Debt Contravenes the Law Says Expert – Economics Bitcoin News

boss

The Nigerian Debt Management Office (DMO) contravened the law when its borrowings exceeded the set limit which is equivalent to $2.2 billion, Adetilewa Adebajo, an international financial markets expert has reportedly said. Adebajo also suggested that the Central Bank of Nigeria governor Godwin Emefiele should be probed for his role in allowing the DMO’s borrowings to balloon to more than $48.8 billion. DMO Accused of Contravening the Fiscal Responsibility Act According to Adetilewa Adebajo, an international financial markets expert, Nigeria’s Debt Management Office (DMO) violated the law when its borrowings…

VeChain, Avalanche, and Big Eyes — Best Tokens to Add to Your Portfolio

Place/Date: – January 15th, 2023 at 8:10 pm UTC · 4 min read Source: Big Eyes Coin In the world of cryptocurrencies, a new week has begun, and the protracted bear market has not yet come to an end. Since it started, the bear market has already wrecked devastation, including a wave of staff layoffs at well-known cryptocurrency companies including Coinbase, BlockFi, and Gemini. The end of the bear market is a highly awaited event within the bitcoin sector. Investors should make the most of the current low cryptocurrency pricing…

MASSIVE GAINS AHEAD FOR SHIBA INU & ITS ECOSYSTEM | Shibarmy | Shiba, Bone & Leash | Cryptocurrency

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #cryptocurrency #shibainu #shibarmy #shiba #shibainucoin #shib Many people are discussing the future of Shiba INU and it’s ecosystem, with Shibarium just around the corner (As they say) although no specific date has yet been provided but it is assumed that the Shibarium will come into action by first quarter of 2023. With Bone Token already performing very well in the market since last year, everyone knows that it will be used as a gas fees as and when Shibarium comes in mainnet.…