On June 29, European Parliament members had already enacted the TFR. FATF members are chosen by their countries, not by a democratic process. MiCA (Markets in Crypto-Assets), the E.U.’s major legislative plan to manage the crypto-asset business in its 27 member nations, received the green light on the final day
July 17, 2022 2 mins read
The problem has been resolved since infringing ENS domain names were removed. OpenSea recently stated that it would lay off 20% of its personnel. Trademark objections from the Recording Industry Association of America (RIAA) have prompted NFT marketplace OpenSea to remove numerous tokens from its database. OpenSea has had a
July 17, 2022 1 min read
Lizarraga’s nomination was approved by the Senate on June 16. At the SEC, Lee argued that the agency needed to “evolve with changing technologies.” Allison Herren Lee, a member of the US Securities and Exchange Commission’s (SEC) board of commissioners, has formally stepped down after more than three years of
July 16, 2022 2 mins read
An “ape” with a blue bandanna sold for 2,691 ETH early Friday morning. Punk #4156 was acquired for 2,500 ETH in December 2021 before today’s auction. Following the dip in the price of Ethereum, a rare CryptoPunks NFT sold for $3.3 million—a $7 million loss for the seller. However, if
July 16, 2022 2 mins read
Finzer is certain that the NFT industry will continue to improve. June saw a 73% drop in the amount of Ethereum NFT trading on the market. OpenSea, the leading NFT marketplace, has laid off almost 20% of its staff. According to CEO Devin Finzer, who announced the news through Twitter
July 15, 2022 2 mins read
An additional element came into play in India: a 1% TDS from July 1st, 2022. Prices of cryptocurrencies like Bitcoin and Ethereum have continued to plummet. Inflation, rate hikes, and increasing fuel prices have all affected the volume of crypto exchange activity. From July 1, 2022, onwards, an additional element
July 15, 2022 2 mins read
Almost a tenth of the asset’s $4.4 billion market value has been rescued. More than 23,000 WBTC (equivalent to $440 million) were returned. After retrieving 400,000 Staked Ethereum in collateral from an Aave loan, the troubled crypto lending company Celsius has paid off virtually all of its outstanding DeFi debt.
July 13, 2022 1 min read
More than 60 million app users in Brazil will be able to use the new features. Paxos, a firm known for providing crypto management, has been chosen. Fintech organizations are increasingly embracing crypto to enhance their service offerings to their clients. Picpay, a Brazilian fintech, and payments firm, announced it
July 13, 2022 1 min read
This new asset class may now be included in their long-term investment plan. Pie-based investing is a fundamental feature of M1 Finance. Many crypto investors will be frightened in 2022 due to a bear market, but online brokerage business M1 Finance plans to provide cryptocurrency trading accounts and services soon.
July 12, 2022 2 mins read
Traders from Iran were banned from Binance’s exchange in November 2018. The company has been utilizing Reuters WorldCheck for KYC verification since 2018. According to a report, Binance, the world’s biggest cryptocurrency exchange, continues to service Iranian clients despite a corporate ban and economic sanctions. Binance has added Iran to
July 12, 2022 2 mins read
