Day: January 11, 2024

What Is Block Finality in Crypto?

Ideally, once a transaction has been corectly processed in a financial system, the chance of it being reversed should be slim to none. However, this isn’t usually the case in traditional finance. Blockchain systems, on the other hand, seek to mitigate this discrepancy through block finality. Source

What Is MiCA And What Does It Mean for Crypto Users in Europe?

MiCA EU regulations apply to service providers involved in the trading, management, issuance, and advice of crypto assets. That includes exchanges, crypto trading platforms, custodial wallets, and advisory and management firms in the EU. It also applies to crypto asset issuers and service providers outside the EU who wish to do business with any member states. Source BitcoincryptoexchangeExchanges CryptoX Portal

Gary Gensler’s Bitcoin ETF Clown Show

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Moreover, Gensler doesn’t sound particularly “merit neutral” (which is how the SEC describes its role in regulating markets) when drawing a comparison between bitcoin and gold, saying one is a commodity with industrial and consumer use and the other is primarily used for ransomware, money laundering, sanctions-evasion and terrorist financing, when not for pure speculation. Original

One place you won’t find a bitcoin ETF: Jack Bogle’s Vanguard

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Pavlo Gonchar | Lightrocket | Getty Images More than a dozen financial firms are involved in new bitcoin exchange-traded funds that began trading Thursday, but one of the biggest fund issuers and money managers in the world still won’t touch cryptocurrency. A Vanguard spokeswoman told CNBC that the asset management giant has no plans to create a bitcoin ETF of its own, or to even offer funds from other issuers on its trading platform. “While we continuously evaluate our brokerage offer and evaluate new product entries to the market, spot…

Shiba Inu Team’s Record 9.35 Billion SHIB Burn Sends Burn Rate Soaring

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The Shiba Inu burn rate is not slowing down, especially now that the SHIB team has officially joined the effort. This participation from the Shiba Inu team has led to some of the largest daily SHIB burns that have been recorded since the burn initiative started. And now, once again, the team has carried out another massive burn that sent the burn rate surging. Shiba Inu Team Burns 9.35 Billion Tokens In the latest iteration of the Shiba Inu team burn, a total of 9.35 billion SHIB have now been…

Apple Expunges Binance, Kraken, Kucoin, Huobi and Other Crypto Exchanges From App Store in India: Report

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Apple has reportedly booted out several crypto exchanges from its app store in India amid allegations that most of these platforms are illegally operating in the country. TechCrunch reports that Binance, Kraken, Huobi, Gate.io, Bittrex, Bitfinex and OKX’s apps are no longer accessible on Apple’s India app store, though customers who have already installed them on their devices can still use them. The development comes after the nation’s Financial Intelligence Unit (FIU) accused Binance, KuCoin, Huobi, Kraken, Gate.io, Bittrex, Bitstamp, MEXCGlobal and Bitfinex of violating the Prevention of Money Laundering…