Author: CryptoHoppers
Qatar has unveiled a new digital assets regulatory framework, with its launch set to bring key areas such as tokenization, custody and exchange under regulation. The Qatar Financial Center Authority and the Qatar Financial Center Regulatory Authority, key players in the drafting of the framework, announced the new framework in a joint press release. Qatar’s QFC Digital Assets Framework 2024 According to details in a press release, the QFC Digital Assets Framework 2024 is an effort of various stakeholders, including 37 domestic and international organizations across legal, financial and technology sectors. The QFCA and QFCRA said in their announcement that…
Leading crypto exchange, Binance has announced that it would suspend deposits and withdrawals on the Horizen (ZEN) network around 15:00 (Beijing time) on September 12, 2024, to support its network upgrade. The move comes to ensure a good user experience. The network upgrade will be carried out at block height 1,627,572, and is expected to be around 16:00 (Beijing time) on September 12, 2024. According to the announcement, “Deposits and withdrawals for token(s) on the aforementioned network will be reopened once the upgraded network is deemed to be stable. No further announcement will be posted”. Horizen’s team informed, “Zend 5.0.4…
Key Takeaways TON recorded over 1 billion transactions, half of which occurred in the last three months. The DOGS memecoin airdrop significantly increased TON’s daily transactions and user activity. Share this article The Open Network (TON), the blockchain associated with Telegram, has surpassed 1 billion total transactions according to data from TON Scan. This milestone comes less than a week after the network experienced two major outages related to a memecoin airdrop.TON’s transaction volume has now exceeded 1.02 billion, with half of those transactions occurring in just the last three months. This rapid growth shows the rapid increase in user…
Venezuelan President Nicolas Maduro discussed the possible future of the national cryptocurrency system following the so-called PDVSA-Crypto scheme, which resulted in the loss of $20 billion in unaccounted oil sales paid in crypto. Maduro stated that the country needed to retake the crypto path but gave no indications regarding the revival of the national cryptocurrency […] Source link
South Korean police arrested a man in his 40s for orchestrating a cryptocurrency scam that defrauded 158 investors of 16 billion won ($12 million). Operating from November 2021 to June 2022, he promised an 18% monthly return on investments in a fake cryptocurrency mining business. The scam resulted in individual losses ranging from 1.2 million […] Source link
The latest deal in the blockchain space will mesh old-school finance with next-generation gaming. SBI backs Oasys SBI Holdings Inc., founded in 1999, is touted as one of the largest financial conglomerates in Japan. It specializes in traditional finance (aka tradfi), including asset management and venture capital. Over the past few years, the firm started integrating blockchain technology into its services. It even developed its own cryptocurrency exchange called SBI VC Trade. As of Aug. 29, a new segment is being added to its portfolio via a partnership with the Oasys blockchain network: gaming. The Tokyo-based firm invested an undisclosed…
Socialism, despite its promises of equality and social welfare, inherently fails due to its inability to perform economic calculation and its reliance on coercive control over the means of production. Ludwig von Mises, in his seminal work “Socialism: An Economic and Sociological Analysis,” provides a comprehensive critique of socialism’s flaws rooted in both economic and […] Source link
Este artículo también está disponible en español. Decentraland (MANA) is at a critical juncture as it faces a key trendline retest that could determine its next major move. With the price hovering near a crucial support level, market watchers are keen to see whether MANA will hold the line and spark a bullish reversal. A successful defense of this trendline could trigger an upsurge, propelling the cryptocurrency to new highs. However, failure to hold could lead to increased volatility and uncertainty. All eyes are now on MANA’s ability to withstand the pressure and potentially set the stage for a significant…
As the ComAve community gains momentum through its ever-growing list of global partnerships in the football world, the LIX platform, which powers the ComAve loyalty program, is preparing for significant expansion, including the launch of its native blockchain. This development will bring even greater value and functionality to the ComAve ecosystem.Transacting LIXX on the LIX blockchain offers several key benefits. The blockchain is optimized for speed, ensuring fast and efficient transactions, which is crucial for real-time interactions like loyalty rewards. It also allows for lower transaction costs compared to other blockchains, making it more cost-effective for users and clients. The…
In August, approximately $310.9 million was lost to exploits, hacks, and scams. However, digital assets worth $10.3 million were recovered, resulting in a net loss of $300.6 million. According to the security firm Certik, this is the second-highest monthly loss in 2024 so far. While May had the highest exploit total loss of just over […] Source link