Author: CryptoHoppers
Navigating the Storm: U.S. Crypto Exchanges Face Regulatory Scrutiny | NFT CULTURE | NFT News | Web3 Culture
The cryptocurrency world in the United States is currently on a roller-coaster ride. Major players, Coinbase and Binance, have been caught in the crosshairs of the Securities and Exchange Commission (SEC). The regulatory body alleges these industry giants traded crypto assets deemed securities, which they claim should have been registered. This stern action by the SEC signifies a seismic shift in the U.S crypto landscape. It places other exchanges such as Kraken, Gemini, Crypto.com, and OKCoin under intense scrutiny, potentially exposing them to similar legal actions. Fireblocks’ chief legal and compliance officer, Jason Allegrante, warns that all U.S. exchanges should…
Bullish stated on December 22 that it had terminated its agreement with Far Peak SPAC. On Thursday, the Thiel-Backed exchange Bullish issued a joint statement with Far Peak about their merger. Based on the release, the companies decided to terminate their merger agreement partially because of time constraints. The Bullish-Far Reach Agreement Falls Through This merger between Bullish – a Peter Thiel-Backed crypto exchange intended for institutional investors – and Far Peak – a special-purpose acquisition company (SPAC) – was originally announced in July 2021. The acquisition has, nonetheless, stalled since then. Eventually, on December 22, 2022, the firms issued…
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.FTX Token is up 11.69% today against the US DollarFTT/BTC increased by 11.84% todayFTT/ETH increased by 12.62% todayFTX Token is currently trading 10.57% above our prediction on Jun 13, 2023FTX Token dropped -19.92% in the last month and is down -96.34% since 1 year agoFTX Token…
regulation and AI discussed at Money20/20
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In an era marked by rapid digitalization, Tales From the Crypto, a panel at the Money20/20 event held today, offered deep insights into the emerging trends of crypto investments and the regulatory landscape. Steve McNew of FTI Consulting helmed the discussion, elucidating how digital asset custody platforms navigate the intriguing intersection of web2 and web3. Bridging the investment divide Martin Dave, co-founder of Palisade, a digital asset custody platform based in the UK and France, led the conversation. Palisade is a frontrunner in bridging the gap…
As Terra blockchain failed and TerraUSD lost its peg to the dollar nearly three weeks ago, a new iteration referred to as Terra 2.0 or Luna 2.0 is about to be released. A new Luna coin will also be produced as a result. Here’s what you need to know.Before Moving to what is Terra 2.0? First Let’s get a flashback Of what Really Happened With Terra (LUNA) The Historic Crash!The algorithmic stablecoin UST, which is built on top of the Terra protocol and is a driving force behind its entire ecosystem, lost its peg on May 9th.Because of the way…
BMW has said that it is preparing to integrate decentralized tech in two phases. First, it will integrate the new technology into its daily operations to get rid of complex and tedious paperwork, and the second phase would see the development of a customer loyalty program. The German car manufacturer wants to integrate blockchain technology into its daily activities and operations. Moreover, it confirmed that it will set up a blockchain loyalty program for its clients in Thailand. The popular car manufacturer has partnered with blockchain infrastructure firm Coinweb to work as its decentralized architecture provider and BNB Chain to…
Binance is also pausing its OTC Trading Portal services in the US. The exchange said that it will notify users if and when the portal opens in the coming weeks and months. The US arm of top crypto exchange Binance has removed 10 advanced trading pairs from its platform. In an announcement, the exchange said it would let go of select BTC and BUSD Advanced Trading pairs by 9 am PDT on June 8, 2023. Notably, the company earlier planned to eliminate over 100 crypto assets. The initial decision was supposed to affect USDT, BTC, and BUSD advanced trading pairs for digital…
Bitget, top crypto derivatives, and copy trading platform, today announced major upgrades to its Broker Program to provide additional benefits and support for brokers. The enhanced program delivers a robust suite of features and incentives to empower brokers and better serve users. The upgraded Bitget Broker Program offers brokers access to a robust platform with deep liquidity, enabling an optimal trading experience for their users. Comprehensive support includes a dedicated account manager, 24/7 technical support, and automated notifications to promptly resolve any issues. With the upgraded program, brokers receive access to detailed performance data and insights, including commission data, direct…
Bitget, top crypto derivatives, and copy trading platform, today announced major upgrades to its Broker Program to provide additional benefits and support for brokers. The enhanced program delivers a robust suite of features and incentives to empower brokers and better serve users. The upgraded Bitget Broker Program offers brokers access to a robust platform with deep liquidity, enabling an optimal trading experience for their users. Comprehensive support includes a dedicated account manager, 24/7 technical support, and automated notifications to promptly resolve any issues. With the upgraded program, brokers receive access to detailed performance data and insights, including commission data, direct…
Secure & Efficient Cryptocurrency Payments for Streamlined Business Transactions
PassimPay revolutionizes business transactions by providing a secure and efficient payment system that utilizes cryptocurrencies. This article delves into the advantages of PassimPay for businesses, exploring its website overview, product offerings, and the benefits it brings to businesses.PassimPayPassimPay’s responsive website ensures a seamless experience on any device thanks to its user-friendly design. The platform prioritizes security, implementing measures like email confirmations, Authy 2FA, IP tracking, activity control, and regular independent security audits.PassimPay ProductsPassimPay offers comprehensive services to meet businesses’ payment processing needs. Key features include:Acceptance of immediate payments in over 20 cryptocurrencies.A secure and simplified payment processing model, seamlessly transferring…