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Search Results for: ftx

Crypto ATMs Make a Comeback in Japan After a Brief Pause

Crypto ATMs are returning to Japan after a four-year absence. Initial installations will be made in Tokyo and Osaka. Two of Japan’s most famous crypto advocacy organizations have pushed for lower taxation on individual crypto investors. Requests for tax reform have been made by Japan’s crypto-asset business associations JCBA and

August 4, 2022 1 min read

Meta Owned Instagram to Now Offer Digital Collectibles Feature

Digital items may also be minted on the Flow blockchain as per the announcement. MetaMask, Trust Wallet, and Rainbow are among the third-party wallets supported. It was stated by Meta in May that they will be launching a digital collectibles feature. For a while, the feature was restricted to a

August 4, 2022 2 mins read

WazirX Under Scrutiny by Indian Agencies For Money Laundering

A Show Cause Notice (SCN) has been issued under the terms of FEMA. ED is probing two instances involving WazirX under the FEMA Act 1999. State Minister for Finance Pankaj Chaudhary informed Rajya Sabha that ED has given a notice under the FEMA Act to crypto exchange WazirX. In a

August 3, 2022 2 mins read

Bitcoin, Ripple, and Market Volatility: Interview With Cyrus Taghehchian

With the cryptocurrency market in freefall, investors and funds are looking for utility-based projects that provide real-world value. Companies building despite market conditions continue to develop, grow and support the entire ecosystem. The utility can come in many different shapes and sizes, although the utility desperately needed throughout the industry

August 3, 2022 4 mins read

Major Crypto Exchange Acquires Full Regulatory Approval in Dubai

FTX has received approval to enter Dubai’s MVP for VARA. Earlier this year, FTX started a transfer procedure for its operational MVP license. The region’s cryptocurrency regulator, the Virtual Asset Regulatory Authority, has approved FTX Exchange FZE (FTX) to participate in Dubai’s “Minimum Viable Product” (MVP) program for Virtual Assets

July 30, 2022 2 mins read

Two Prominent ETH Whales Bought 533.93 Billion Shiba Inu (SHIB)

The Whale bought 199.99B SHIB for $2,075,999 ($2.07M) in the initial transaction. Shiba Inu has the largest holding among the top 2000 ETH whales. “Gimli” and “BlueWhale0159,” the two significant ETH Whales, have amassed 533.99B SHIB in the last 24 hours, totaling $5,624,279 ($5.62M). For the 248th-biggest Ethereum hoarder known

July 27, 2022 2 mins read

Ethereum Addresses With Non-zero Balance Records New ATH

Ethereum addresses with a non-zero balance reached an all-time high of 84,381,102. The price of Ethereum rose to an all-time high of $4,878 last year. There are now more Ethereum addresses with non-zero balances than ever before, according to statistics from on-chain analytics firm Glassnode. According to Glassnode, the total

July 25, 2022 2 mins read

Sam Bankman-Fried Expands His Crypto Empire

FTX and FTX US have collected funds of $400 million as of Jan 2022. Voyager rejected FTX’s proposal as it seemed biased toward the borrower. Sam Bankman-Fried (SBF), the CEO of FTX, has been the rescuer for various exchanges and firms in the crypto catastrophe. He is either a lender,

July 25, 2022 2 mins read

Huobi Global Bags Provisional Approval From Dubai’s Regulator

VARA has already awarded OKX a provisional license before approving Huobi. Huobi believes a regional headquarters for the exchange may be established in Dubai. The Dubai Virtual Assets Regulatory Authority (VARA) has awarded provisional approval to Huobi, according to a statement from the business. Huobi’s virtual asset exchange products and

July 24, 2022 2 mins read

Coinbase Wallet Announces Integration of OpenSea and Rarible Orders

This improvement aims to make NFT trading easier for beginners. NFT marketplace OpenSea receives orders from 25,000 to 30,000 customers every day. The largest U.S. crypto exchange, Coinbase, has released an update to its multi-product wallet that makes trading non-fungible tokens (NFTs) easier for experts and novices alike. The Coinbase

July 23, 2022 2 mins read