Month: January 2023

South African Dispute Resolution Office Says It Now Considers Crypto-Related Complaints – Regulation Bitcoin News

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According to South Africa’s Office of the FAIS Ombud, an independent dispute resolution office, individuals with crypto-related grievances that occurred after Oct. 19, 2022, can now formally submit such complaints on the agency’s website. However, the Office of the FAIS Ombud insisted that all complaints that occurred before crypto assets were designated financial products will not be considered and should not be resubmitted. Code of Conduct for Crypto Asset Service Providers The South African government agency charged with investigating and resolving complaints in terms of the Financial Advisory and Intermediary…

Bitcoin’s Weekly Options Trading Volume Rises to Highest Since FTX’s Meltdown

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Uniswap holders ditch Ethereum for BNB Chain to deploy v3 protocol

Holders of Uniswap’s UNI (UNI) governance token have decided to deploy the third version of the decentralized exchange protocol on BNB Chain, a rival of the Ethereum network. In a proposal posted on Jan. 17, Ilia Maksimenka, CEO of the decentralized finance protocol Plasma Finance, argued why the Uniswap v3 protocol should be deployed to BNB Chain, writing: “We believe this is the right moment for Uniswap to deploy on BNB PoS Chain, for many reasons (one of them is License expiration).” After the discussion on the governance forum, the Uniswap…

Uniswap holders ditch Ethereum for BNB PoS Chain to deploy V3 protocol

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Holders of Uniswap (UNI) have decided to deploy the third version of the decentralized exchange (DEX) protocol on BNB Chain, a rival of the Ethereum network. In a proposal posted on Jan. 17, Ilia Maksimenka, the CEO of the decentralized finance (DeFi) protocol Plasma Finance, highlighted reasons why the Uniswap v3 protocol should be deployed to the BNB Chain. Maksimenka wrote: “We believe this is the right moment for Uniswap to deploy on BNB PoS Chain, for many reasons (one of them is License expiration).” After the discussion on the…

Logitech Posts Fiscal Q3 2023 Results, Sees Sales Slide 22% YoY

Computer mice, keyboards, and webcams maker Logitech has lowered its full-year sales outlook after an underwhelming fiscal Q3 2023 report.  Logitech International SA (NASDAQ: LOGI) recently posted its Q3 2023 earnings report, which showed a 22% drop in quarterly sales. The underwhelming performance also underscored Logitech’s preliminary results, with a halt in customer purchases of new equipment amid slowdown worries. For its fiscal Q3 2023, Logitech reported sales of $1.27 billion, with category sales declining 22% and 17% in both US dollars and constant currency. In addition, the Swiss-American computer…

Shadow Fork for Ethereum Shanghai Mainnet Goes Live

The successful launch of testnet means Ethereum is still on schedule to deliver the withdrawal features five to eight weeks from now. There’s been a lot of talk going around the upcoming Ethereum hardfork aka the Shanghai hardfork scheduled probably by February end. This is the most-discussed event currently in the crypto community since it will unlock $26 billion worth of staked ETH in the market. On Monday, January 23, the Ethereum core developers announced the successful deployment of the first mainnet shadow fork designed to test the readiness of…

Genesis creditors file securities lawsuit against Barry Silbert and DCG

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Troubled cryptocurrency company Digital Currency Group (DCG) is facing more legal issues as its subsidiary Genesis Capital got slapped with a new class action lawsuit. A group of Genesis creditors filed a securities class action (SCA) lawsuit against DCG and its founder and CEO Barry Silbert, alleging violations of the federal securities laws. The lawsuit was filed by Connecticut-based law firm Silver Golub & Teitell (SGT) on behalf of individuals and entities who entered into digital asset lending agreements with Genesis. The law firm is known for handling major industry…

Next Block Expo – The Warsaw Summit 2023

Place/Date: – January 24th, 2023 at 11:33 am UTC · 2 min read Contact: Next Block Expo, Source: Next Block Expo With a dedicated mobile app to link people, projects and investors, Next Block Expo’s ambition is to become the most promising networking opportunity for the European blockchain community. The second edition of the Next Block Expo event with a few thousand attendees will be held at the Multikino Złote Tarasy Warsaw venue on 24 and 25 of May, linking the most influential people and projects in the web3 space.…

Three Forward-thinking Meme Coins Here to Stay: Floki Inu, Baby Doge and Big Eyes Coin, with Big Eyes Coin Raising a Meteoric $17 Million

Place/Date: – January 24th, 2023 at 11:23 am UTC · 3 min read Source: Big Eyes Coin After years of growth, cryptocurrency continues to reach unprecedented heights. Aside from the well-known names, new and exciting cryptocurrencies are launching almost daily. Cryptocurrencies run on open-source technology, immediately separating them from traditional finance methods. The codes of existing blockchains can be replicated, meaning the launch of a new cryptocurrency is as easy as 1,2,3. So let’s look at three cryptocurrencies currently enticing investors: Big Eyes Coin, Floki Inu and Baby Doge. Users…