Month: February 2023

Bitget Expands Innovation Zone With Priority Access to Exceptional Projects – Press release Bitcoin News

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press release PRESS RELEASE. Victoria Seychelles, 2023 – Bitget, the leading global crypto derivative exchange, announces to add AI (Artificial Intelligence), Arbitrum, and NFT zone listings to its Innovation Zone for users who would like to expose their crypto portfolio to related tokens in an early stage. The newly listed tokens will need to be regularly reviewed to ensure that the token adheres to Bitget’s platform standards, including trading volume, liquidity, the team, project development, and other criteria to keep the listing status active. The expanded Innovation Zone listings aim…

South Korea Blacklists North Korean Crypto Thieves, Flags Wallet Addresses

CryptoX – Cryptocurrency Analysis and News Portal Under regulations, it’s forbidden to trade crypto with a blacklisted entity without prior permission from South Korea’s Financial Services Commission, the notice added. Crypto transactions are included in the country’s regulations prohibiting the financing of terrorism. Original Source The post South Korea Blacklists North Korean Crypto Thieves, Flags Wallet Addresses appeared first on CryptoX. CryptoX Portal

China to launch national blockchain research center

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Despite its ongoing crackdown on crypto, China continues to embrace blockchain technology — up to the point of launching the National Blockchain Technology Innovation Center in the capital city of Beijing.  According to the China Daily’s report from Feb. 8, the Center will create a research network with the local universities, think tanks and blockchain businesses to carry out the inquiries into core blockchain technologies. The fruits of this research will be used for further digitalization of China and, as emphasized in the report, its industry in particular. In charge…

This German Bank Will Release A Blockchain-Based Tokenization Platform

Blockchain tokenization has gained more traction in the financial industry recently. It allows people to convert their ownership rights or assets into digital forms to secure them. In the latest development, the German generational bank DekaBank revealed plans to release its blockchain-based tokenization platform next year.  But as per the details, the focus is not on regular crypto assets such as Bitcoin but on funds and stocks. DekaBank Partners With Metaco To Launch Its Blockchain-Based Platform DekaBank is collaborating with Metaco, a digital asset management company, as it plans to…

Bitcoin price taps 3-week lows as SEC fears liquidate $250M of crypto longs

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Bitcoin (BTC) fell to bearish target zones on Feb. 10 as bulls failed to hold important support above $22,000. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Crypto wipeout mounts as BTC price loses $22,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping to $21,633 on Bitstamp. The pair reacted badly to regulatory fears from the United States, but had already faced days of bearish sentiment, with traders expecting a retest of $21,000 or even lower. At the time of writing, Bitcoin traded at around $21,800, down around 7%…

Argentina Mulls Inclusion of Proof-of-Solvency Requirements in Crypto Regulation – Regulation Bitcoin News

Regulators in Argentina are mulling the inclusion of stringent requirements in their next cryptocurrency regulatory framework. According to reports, institutions like the national securities regulator, the CNV, will be studying the inclusion of proof-of-solvency requirements for exchanges and custody institutions in Argentina, in the wake of the demise of leading cryptocurrency exchange FTX. Cryptocurrency Exchanges Might Have to Complete Proof-of-Solvency Procedures by Law in Argentina The government of Argentina is preparing to launch a set of stringent regulations that crypto companies will have to comply with to operate in the…

Crypto Long Traders Bear Brunt as Slide in Bitcoin, Ether Prices Spurs $220M in Liquidations

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Long trades, or bets on higher prices, took 90% of the $220 million in liquidations on crypto futures trading over the past 24 hours as bitcoin (BTC) and ether (ETH) fell nearly 5%. Bitcoin and ether futures cumulatively saw $100 million in liquidations, while futures tracking dogecoin (DOGE), solana (SOL), XRP (XRP) and aptos (APT) took on $4 million in liquidations apiece. Original