It is now possible for consumers to confirm that their crypto assets are completely backed (1:1) on Crypto.com’s platform, which is trusted by more than 70 million clients worldwide and is the market leader in regulatory compliance, security, and privacy certifications. Mazars Group, a well-known global audit, tax, and consultancy
A new amendment to Hong Kong’s Anti-Money Laundering (AML) and terrorist financing system, which includes virtual asset service providers, was recently enacted by the legislative council. On June 1st, 2023, a new licensing system for virtual asset service providers will go into effect. As a result of recently passed legislation.
Three Arrows Capital (3AC) crypto hedge fund co-founder Zhu Su is battling former FTX CEO Sam Bankman-Fried for allegedly manipulating the media and avoiding tough questions. Zhu Su resorted to Twitter today to elaborate on why he has been more active on social media since the FTX disaster. He says
In light of the current market turmoil, the Securities and Exchange Commission (SEC) has released new rules for corporations making financial disclosures, requiring them to disclose a more comprehensive record of their connection to the crypto sector. The criteria, detailed in an illustration letter, extend beyond the balance sheet total
Starbucks has launched the beta test of its highly anticipated Odyssey experience, which integrates customer loyalty benefits with a non-fungible token (NFT) collection and other gamified aspects. Starbucks teamed with the polygon in September to create the Starbucks Odyssey web3-powered experience. It’s time to wake up and smell the coffee
Despite, FTX collapse, centralized cryptocurrency exchange Bybit announced on Thursday that it has joined the decentralized exchange ApeX Pro into its platform, to offer users both types of exchanges on one platform. ApeX Pro is a non-custodial, decentralized exchange, which offers perpetual contracts by utilizing StarkEx, StarkWare’s scalability engine. Now
Coinbase, a cryptocurrency exchange, has urged its customers to transfer from Tether (USDT) to Circle’s USD Coin (USDC), calling the latter a “trusted and reputable stablecoin.” The underlying reason for the transition is unclear, but Coinbase feels recent events have prompted the move. On December 8th, Coinbase posted a blog
The epicenter for the current industry discussion about enforcing NFT creator royalties. As well as lengthy arguments between prominent participants in the area have now burst out into social media. As developers attempt to alter the trajectory of the Solana NFT market. Creator of the NFT standard for Solana, Metaplex,
DappRadar, the world’s largest dapp store, has released its latest industry report, which demonstrates the blockchain industry’s fortitude in the face of recent setbacks like the FTX exchange’s closure and an increase in hacks, frauds, and vulnerabilities in the decentralized financial sector. Though one would expect consumers to flee in massive
The “zero fee price model” offered by Binance US is now available for Ethereum. There are currently four Ether spot market pairings available for trading without fees: ETH/USD, ETH/Tether, ETH/USD Coin, and ETH/Binance USD (BUSD). The U.S trading platform has instantly done away with gas costs for all “Buy &
