The Singapore-based cryptofinance platform Cake DeFi has now launched its Q2 Transparency Report, which details the company’s accomplishments for the period. Despite Q2 2022 being one of the worst times for the cryptocurrency industry and the overall investment sector, Cake DeFi experienced its best quarter ever in terms of user
Validators of the Beacon Chain, own 66% of the entire stake. Overall, 62% of voters voted to burn the stake. Today, Vitalik Buterin, a co-founder of Ethereum, joined part in a conversation on the social media platform (Twitter) titled, how will the Ethereum community respond if regulation is implemented through
Buenos Aires is planning to set up Ethereum validator nodes in 2023. Diego Fernandez reveals the statement at the ETHLatam conference. Population in Argentina will explore the adaptable regulation for crypto. During the ETHLatam conference on Thursday, the secretary of innovation and digital transformation of Buenos Aires, Diego Fernández announced
The European digital bank has increased its backing for cryptocurrencies in recent days. Revolut is the pioneer recipient of the commission’s crypto asset authorization. The Cyprus Securities and Exchange Commission (CYSEC) has given Revolut permission to provide cryptocurrency services to European consumers. This makes Revolut the pioneer recipient of the
Just one cryptocurrency exchange in Uzbekistan has been granted a license so far. Uzbek residents are urged by the NAPP not to utilize illegal exchanges. According to data collected by the National Agency of Prospective Projects (NAPP) in Uzbekistan, the number of unlicensed online platforms offering crypto-related services to citizens
Hotbit halted a withdrawals, following the asset freeze by legal authorities. Authorities have charged a former employee for criminal activity. The cryptocurrency exchange Hotbit has stated that the exchange suspended all trading, deposits, withdrawals, and funding on its platform. According to the exchange, law enforcement has subpoenaed several senior officials
D2A2’s main goal is to boost transparency through data and market intelligence. The organization will give digital asset businesses a space to unify their voices. Dubai Chamber of Digital Economy has announced the formation of the Dubai Digital Assets Business Group (D2A2), which aims to strengthen the role of the
The inquiry will look at how the nation currently regulates digital assets and cryptography. All thoughts from the people should be shared by Sep 5 according to the committee. A parliamentary committee in the United Kingdom (UK) called the Crypto and Digital Assets All Party Parliamentary Group (APPG) recently declared
Major banks in Portugal closed the crypto exchange, CriptoLoja’s account. The Portugal government recently announced its plans to tax crypto income. According to recent reports, the bank account of Lisbon-based cryptocurrency exchange platform, CriptoLoja was closed by Portugal’s prominent banks, Banco Comercial Portugues and Banco Santander. Additionally, two other smaller
Top cryptocurrency exchange, LBank, gave its various communities across the world a July to remember. With a lineup of activities, the trading platform kept it interesting, interactional and most importantly, educational for its users. In addition, the exchange supported several philanthropic projects that helped the less fortunate in different regions.
