press release PRESS RELEASE. INTERNET CITY, DUBAI, Jul. 6, 2022 – LBank Exchange, a global digital asset trading platform, will list IX Token (IXT) on July 7, 2022. For all users of LBank Exchange, the IXT/USDT trading pair will be officially available for trading at 18:00 (UTC+8) on July 7, 2022. As an NFT-based strategy gaming platform, Planet IX builds…
Month: July 2022
Exodus of pro-crypto financial regulators in UK amid allegations of misconduct in PM’s government
Many officials responsible for regulating the United Kingdom’s financial system have resigned following allegations Prime Minister Boris Johnson exercised “poor judgement” in appointing a member of the government. In a letter to Johnson posted to Twitter on Wednesday, Economic Secretary to the Treasury John Glen said his decision to resign was prompted by “recent events concerning the handling of the…
Sentient AI Does Not Equal Intelligent AI
sponsored You’ve probably heard about Google’s LaMDA and the viral discussion about whether an AI can become sentient. The team at Tau argues that maybe, sentience of an AI is only a small part of its intelligence. Rather, the true intelligence of AI will be based on its ability to logically understand the needs of people and automatically satisfy them.…
Israeli Crypto Company Etoro Lays Off 100 Workers, SPAC Deal Terminated, Company Eyes Private Raise – Bitcoin News
Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,700 articles for Bitcoin.com News about the disruptive protocols emerging…
DeFi protocol Porter Finance shuts down bond issuance platform after just one month
Porter Finance, a decentralized finance, or DeFi, protocol based on the Ethereum (ETH) blockchain, announced Tuesday that it was shutting down its bond issuance platform. In explaining the discussion, Porter Finance said: “Looking forward, we are not confident there will be large inflows of lending demand for fixed income DeFi products like the ones offered through Porter Finance. This is…
Public Miners Start Selling Bitcoin Treasuries
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. Core Scientific Sells 7,202 BTC On July 5, 2022, Core Scientific, the world’s third-largest publicly traded bitcoin miner by market cap…
SAND up by 12% on Wednesday, Hitting a 10-Day High – Market Updates Bitcoin News
SAND surged by as much as 12% on Wednesday, as prices moved to a ten-day high during the session. The rise comes as crypto markets were mostly in the green, with AVAX also rising over the course of the day. As of writing, the global crypto market cap is nearly 3% higher. The Sandbox (SAND) SAND was one of the…
World’s first short Bitcoin ETF sees exposure explode 300% in days
Bitcoin (BTC) remains a popular institutional investment target in July, but the money is not betting on a bright future. According to data from research firm Arcane Research published July 6, institutional flows focused on products offering exposure to shorting BTC in the first week of the month. Shorting Bitcoin is the name of the game Since launching in the…
Binance Removes Bitcoin Trading Fees
Binance will remove bitcoin trading fees in its global platform in celebration for its fifth anniversary. The move by the world’s biggest cryptocurrency exchange comes on the heels of a similar strategy enacted by its U.S. subsidiary, Binance.US. Late last month, the American firm squashed fees for spot bitcoin trading as it sought to increase its presence in the country…
Circle looks to reaffirm commitment to transparency as USDC market share soars
The cryptocurrency market has experienced a turbulent period as of late, with several firms filing for bankruptcy or shutting down. Voyager Digital announced its bankruptcy on Wednesday, becoming the second crypto lender to default following Three Arrows Capital. In the light of present market circumstances, Circle has sought to reaffirm its commitment to openness and user security in a blog post published…