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10 months agoFireblocks Launches Off Exchange Trading System to Eliminate Counterparty Risk on Centralized Exchanges
Fireblocks, a multi-party computation (MPC) wallet provider, has introduced a new trading system called “Off Exchange” for institutional traders. This system allows traders to swap tokens without depositing the…
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10 months agoSBI Holdings and Circle Collaborate to Promote USDC Adoption in Japan
Japan’s SBI Holdings, a leader in asset management and blockchain technology, has formed a strategic collaboration with Circle, the company behind the USDC stablecoin. This partnership aims to promote the a…
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10 months agoGlobal Cooperation Urged for Regulation of Crypto Intermediaries
The Financial Stability Board (FSB) is calling for greater cooperation among national regulatory bodies in the regulation of cryptocurrency. Specifically, the FSB is urging cross-border collaboration in the…
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10 months agoArax Holdings Launches CBC20 Core Token to Revolutionize Asset Tokenization
Arax Holdings has recently launched the CBC20 Core Token on the Core Blockchain as part of its plan to expand the blockchain network ecosystem. This token aims to integrate real-world assets into digital asset…
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10 months agoByBit Becomes Target of US Crypto Crackdown as CFTC Subpoenas Coinbase
ByBit, the fourth-largest cryptocurrency exchange by volume, is now under scrutiny from US regulators. The Commodity Futures Trading Commission (CFTC) has subpoenaed rival exchange Coinbase for evidence against…
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10 months agoSpain Implements New Reporting Requirements for Foreign Crypto Assets
In an effort to strengthen control and oversight in the world of cryptocurrency taxation, Spain has implemented new regulations requiring residents to declare their crypto assets held on non-Spanish platforms. The…
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10 months agodYdX Chain Completes Mainnet Migration and Launches $20 Million Token Rewards Program
The decentralized trading platform dYdX Chain has completed its mainnet migration and officially launched full trading. This milestone was achieved after a successful governance vote, highlighting the platform’s c…
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10 months agoCredit Suisse Employees Enjoy a Year of Rest Thanks to Generous Social Plan
The atmosphere at Credit Suisse is described as miserable, with employees expressing their dissatisfaction with the company. Outplacement and career advisors are urging employees to quickly find new opportunities…
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10 months agoThe Enigma of CEOs: Masters of Deception or Genuine Leaders?
High-level executives are often characterized by their strong self-confidence, which can sometimes cross the line into megalomania. This phenomenon, known as imposture, can have both positive and negative effects…
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10 months agoSpecial Visa Options for Digital Nomads: Important Considerations for Remote Workers Abroad
Working remotely from abroad can present various challenges and considerations. Immigration and visa requirements are a major concern, as different countries have different regulations. For instance, working…
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10 months agoForeign Banks Embrace China's Digital Yuan as Standard Chartered Leads the Way
More foreign banks have joined China’s digital yuan central bank digital currency (e-CNY CBDC), bringing the total to four. Hong Kong-based HSBC, Hang Seng Bank, and Taiwanese bank Fubon Bank have integrated e…
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10 months agoSpain Implements New Tax Regulations for Foreign-Held Crypto Assets
Spain has implemented a new regulation requiring Spanish citizens to disclose their cryptocurrency holdings held on foreign platforms for tax purposes. Individuals and businesses must report their holdings…
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10 months agoPhoenix Group Delays IPO Listing Date on Abu Dhabi Securities Exchange
Cryptocurrency mining firm Phoenix Group has experienced a high level of interest in its upcoming initial public offering (IPO) on the Abu Dhabi Securities Exchange. Due to the UAE National Day public holidays, the…
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10 months, 1 week agoMAS Director Criticizes Bitcoin as a 'Private Cryptocurrency' for Failing the Test of Money
At the GDEC 2023 conference, Ravi Menon, the Managing Director of the Monetary Authority of Singapore (MAS), criticized Bitcoin and similar digital currencies, questioning their viability as a form of money. Menon…
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10 months, 1 week agoSolana (SOL) Price Slips Below $55 Amidst Market Sell-Off
Solana (SOL), a competitor to Ethereum Layer-1, has seen a decline in price recently, falling below $55 amidst a broader market sell-off. Despite this correction, SOL remains above its 50-day and 200-day…
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10 months, 1 week agoBinance Founder CZ Remains in U.S. Amid Sentencing Consideration
Binance founder Changpeng “CZ” Zhao is currently required to stay in the U.S. as a federal judge reviews a motion from the U.S. Department of Justice. This motion seeks to keep Zhao in the country until his sen…
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10 months, 1 week agoHong Kong Cryptocurrency Exchange Scam Results in $18.9 Million Loss
Hong Kong authorities have reported that 145 users fell victim to a scam by the unlicensed cryptocurrency exchange Hounax, resulting in a loss of $18.9 million. The exchange claimed to be licensed and cooperated…
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bob wrote a new post
10 months, 1 week agoHong Kong Cryptocurrency Exchange Scam Results in $18.9 Million Loss
Hong Kong authorities have reported that 145 users fell victim to a scam by the unlicensed cryptocurrency exchange Hounax, resulting in a loss of $18.9 million. The exchange claimed to be licensed and cooperated…
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10 months, 1 week agoUS Government's Potential Strategy to Control Bitcoin Sparks Debate Among Experts
In a thought-provoking exchange on X, Matteo Pellegrini, founder of the Orange Pill app, has sparked a significant debate among Bitcoin experts and enthusiasts. Pellegrini shared insights from a recent conversation…