Author: CryptoHoppers
70% of Korean Crypto Exchanges Fail to Repay Customers After Closure, Regulator Says
A joint research effort by Korean regulators — the Financial Supervisory Service (FSS) and Korea Financial Intelligence Unit (FIU) — has revealed that seven out of 10 cryptocurrency exchanges in South Korea failed to fully return investors’ money after ceasing operations. “And even if they did, just one or two employees were tasked with giving […] Source link
Want to know what are the best coins to invest for beginners? Read our guide to reputable cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and more. Dipping your toes into cryptocurrency can feel overwhelming, especially with so many options out there. However, experts suggest that starting with well-established and reputable digital assets can make the process smoother. To help you get started, we have compiled a beginner-friendly guide highlighting five of the best cryptocurrencies for beginners to invest in, considering their stability, market value, and potential for growth. Bitcoin (BTC) Bitcoin is the oldest and most valuable cryptocurrency on the market,…
Transak is a developer integration toolkit that simplifies the process of onboarding users into the world of decentralized applications (dApps). By enabling seamless fiat-to-crypto conversions directly within dApps, Transak eliminates the technical barriers and complexities associated with traditional onboarding processes. Transak empowers dApp developers to create frictionless user experiences by handling the intricacies of KYC regulations, compliance, fiat payment methods, and crypto coverage. With support for a wide range of fiat currencies and payment options, Transak ensures that users from diverse geographical regions can easily participate in the decentralized economy. The Problem Cryptocurrency is now bigger than ever before. While…
OpenSea: SOURCE [On NFTs] by Robert AliceContracts: Project Summary “SOURCE [On NFTs]” by Robert Alice is a pioneering fully in-chain generative art NFT project. Created as a companion to the Taschen book OnNFTs, this collection marks a significant milestone in the NFT space, being the first generative art collection launched on Christie’s 3.0 NFT platform. Innovative Aspects: Generative Art: Entirely on-chain, utilizing p5.js via the Scripty.sol encoding system, allowing for intricate and fully autonomous generative art. Christie’s 3.0: The project debuted on Christie’s 3.0, highlighting the convergence of traditional art institutions with cutting-edge blockchain technology. Technical Details: On-Chain Encoding: Leveraged…
Worldcoin, the biometric proof-of-personhood identification protocol, has agreed to temporarily stop its operations in Spain. According to statements from the Spanish privacy watchdog AEPD, the company committed to stop its data collection practices for a year or until Baviera’s privacy regulator finishes its investigation into Worldcoin’s inner workings. Worldcoin to Pause Biometric Data Collection Activities […] Source link
Backed by major financial institutions like Blackrock and Citadel Securities, TXSE Group Inc. has announced its plan to launch the Texas Stock Exchange (TXSE) in Dallas. This new exchange will provide a platform to trade and list public companies and exchange-traded products. With a capital raise of approximately $120 million, TXSE stated that it is […] Source link
Crypto Live NewsAuthor: Nidhi Kolhapur Nidhi Kolhapur AuthorNidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain. Jun 5, 2024 20:57 The Terra Luna Classic developer group Genuine Labs has proposed to go ahead with the Tax2Gas implementation. Tax2Gas will incorporate the tax into the gas and remove the need for separate handling and calculation, revising the burn tax. The proposal aimed to increase the on-chain tax rate to 1.5%, which brings back to the original 1.2% burn tax, with 0.3% to…
Share this article A Bitcoin (BTC) decentralized ecosystem has been in rapid development in 2024, with its total value locked (TVL) jumping 263% so far and surpassing $1 billion, according to data aggregator DefiLlama. Nevertheless, as a nascent sector where builders try to create applications compatible with other blockchains, new security issues might surface while it grows. Shahar Madar, VP of Security and Trust at Fireblocks, shared with Crypto Briefing his insights on Bitcoin decentralized application risks and how mature the security of the decentralized finance (DeFi) ecosystem is.Crypto Briefing – Did you find any issues with the different applications built…
Petra’s AI Art Soars: Breaking Records and Launching a Vibrant New Series | NFT CULTURE | NFT News | Web3 Culture
Petra Breaks Sales Records on Foundation The NFT world is buzzing with conversations around AI and the incredible achievements of Petra, also known as @Petravoice. On Foundation (FND), Petra has recently shattered her sales all-time highs, not once but four times, by selling four unique 1/1 pieces, totaling over 6 ETH in sales. This remarkable achievement underscores the growing interest and investment in her work. Upcoming Open Editions Series: A Collaboration with Base Building on this momentum, Petra has been collaborating with Foundation for about two months on an exciting new Open Editions series. This series is a part of…
The 2024 BNY Mellon Wealth Management Study reveals a divided perspective among family offices regarding cryptocurrency investments. Approximately 39% of the surveyed family offices are either actively investing in cryptocurrencies or considering them, highlighting a keen interest in this modern asset class. These offices are motivated by the desire to stay abreast of new investment […] Source link