Canadian company Dapper Labs has blocked operations with non-fungible tokens (NFTs) for Russian accounts. The move follows a new round of sanctions recently imposed by the EU which prohibit the provision of crypto-related services to Russian residents and entities. NFT Platform Dapper Labs Conforms to Latest EU Restrictions Against Russian Federation Dapper Labs, the creators of the Flow blockchain network…
Despite the retraction, the crypto community said the policy is a perfect example of why decentralization and self-custody of funds are so important. Source: https://cointelegraph.com/news/paypal-says-policy-to-punish-users-for-misinformation-was-in-error
Multiple trading pairs of the Helium Foundation’s token will soon be removed from Binance, with the exchange saying it delists assets if it no longer meets “high standards.” Source: https://cointelegraph.com/news/no-basis-for-binance-s-partial-delisting-of-hnt-helium-coo
Li Lin’s controlling stake in Huobi, one of Asia’s largest cryptocurrency exchanges, was recently acquired by About Capital Management for an undisclosed sum. Huobi’s acquisition by the Hong Kong-based asset management firm came shortly after the crypto exchange had exited the Chinese market. Lin’s Arrest in 2020 a Key Event for the Huobi Founder The Hong Kong-based asset management company,…
The firm outlined that as its “payment processing and stored value service partner is subject to EU regulations,” Dapper has been directed to impose the restrictions on these accounts under EU law. Source: https://cointelegraph.com/news/dapper-labs-suspends-russian-accounts-after-new-eu-sanctions
This is an opinion editorial by Jerry Usman, an electrical engineer and tech writer. Is progress being made toward green bitcoin mining? Absolutely! Despite the regulatory upheavals, reasonable progress has been made. Is Bitcoin green now? No, but at least Bitcoin’s greenhouse gas emissions are not where they used to be. According to the Cambridge Bitcoin Electricity Consumption Index, Bitcoin’s…
Ethereum-native projects like Uniswap that are written in Solidity can now be transpiled to StarkNet via Nethermind’s new ‘Warp’ project Source: https://cointelegraph.com/news/decentralized-exchange-uniswap-v3-gets-warp-ed-onto-starknet
The now-former CFO did not give a specific reason for his resignation but noted he will remain in an advisory capacity with OpenSea. Source: https://cointelegraph.com/news/opensea-cfo-steps-down-after-11-months-in-the-job
Meta’s VP of Metaverse, Vishal Shah, acknowledged that Horizon Worlds, the flagship app that Meta uses to show the potential of its metaverse, still has many problems affecting its usability. In a recent memo, Shah explains that even Meta’s employees are not using the app so much, and hints at the establishment of time quotas for the presence of employees…
August figures released by Brazil’s tax authority revealed over 12,000 companies have cryptocurrency holdings, the largest amount ever recorded. Source: https://cointelegraph.com/news/over-12-000-brazil-companies-declare-crypto-holdings-in-record-high
