Sat, October 3

Search Results for: Cryptocurrency

Japan Amended KYC Rules to Combat Money Laundering

A legal framework governing cryptocurrencies was first adopted in Japan. After Terra Luna collapsed in 2022, a bill was passed allowing licensed banks to use stablecoins. The Japanese government endorsed a cabinet decision to revise six laws related to the Foreign Exchange Act to resist money laundering. The bill tightens

October 19, 2022 2 mins read

A16z Opposes the Plan to Split Up the DeFi Giant MakerDAO

A16z disagrees with the founder’s plan to split MakerDAO. Almost 90% of voters support the establishment of MetaDAOs. The top venture capital firm, Andreessen Horowitz known as a16z disagrees with the founder’s plan to split MakerDAO, one of the most prominent decentralized finance (DeFi) protocols in cryptocurrency, into smaller entities.

October 19, 2022 2 mins read

Ripple Announces $250M NFT Creator Fund Grantees

The fund’s initial group of investors was announced in April and this is the second. Ripple is still allocating all $250 million, despite the continuing bear market. Ripple has revealed the next round of grantees of its $250 million Creator Fund. The one which is dedicated to support the growth

October 18, 2022 2 mins read

Kanye West All Set To Acquire Social Media Platform ‘Parler’

West’s Twitter and Instagram accounts were banned earlier this month. Parler estimates that the deal will be finalized in the third or fourth quarter of 2022. While appearing on The Joe Rogan Experience in October 2020, Kanye West, who is no stranger to Bitcoin and cryptocurrencies, lauded the technology. Known

October 18, 2022 2 mins read

European Union To Introduce Blockchain Energy Efficiency Labels

The EU decided against a prohibition on proof-of-work crypto mining in March 2022. Some market players will be required to disclose their impact on the environment. EU officials have said that they want to create a standard for rating blockchains’ efficiency in terms of energy consumption. The environmental labelling system

October 18, 2022 2 mins read

Polygon (MATIC) Price Surges 8% Amid Several Developments

Utrust, a top multi-chain payment system, recently announced its integration with Polygon. Polygon has also partnered with SuperLayer, a prominent Web3 venture company. The price of cryptocurrency Polygon is increasing exponentially as market circumstances improve. In the last day, the value of $MATIC has increased by an astounding 8%. The

October 18, 2022 2 mins read

EU Financial Services Chief Urges U.S For Crypto Regulations

Rules imposed on the market would have to be included in the international framework. She also noted that many distinct parties were vying for the same market. It has been reported that Mairead McGuinness, the EU’s financial services commissioner, has issued a warning concerning digital assets, citing danger to financial

October 18, 2022 1 min read

FTX Transfers 50K ETH Worth Approx $65M to Voyager Digital

Texas authorities are probing into FTX Trading, FTX US, and the company’s leadership. The court has not yet approved the asset acquisition deal. On Tuesday, 50,000 ETH was sent from FTX, a cryptocurrency exchange, to the primary wallet of Voyager Digital, a cryptocurrency lender. Last month, the cryptocurrency exchange purchased

October 18, 2022 2 mins read

Reef (REEF) Price Prediction 2022 — Will REEF Hit $0.05 Soon?

Bullish REEF price prediction is $0.007967 to $0.021918. Reef (REEF) price might also reach $0.05 soon. Bearish REEF price prediction for 2022 is $0.002944. In Reef (REEF) price prediction 2022, we use statistics, price patterns, RSI, RVOL, and other information about REEF to analyze the future movement of the cryptocurrency. 

October 18, 2022 8 mins read

Uplift DAO Teams Up With MoonPay To Simplify Investing In Web3 Projects

Cross-chain crypto launchpad Uplift DAO offering funding for innovative initiatives via crowdsourcing has announced an integration with MoonPay, the leading web3 infrastructure company. With this collaboration, customers will have an easier time putting money into innovative web3 projects using more conventional payment methods. Through their collaboration, Uplift and MoonPay are removing a

October 18, 2022 2 mins read