The Singapore-based crypto exchange announced Paris, France as its regional headquarters after receiving its French Digital Asset Service Provider license in September. Source: https://cointelegraph.com/news/crypto-com-invests-145m-in-new-european-headquarters
The hacker behind the $100 million breach of the Mango Markets platform appears to have voted for their own solution for returning the stolen funds, using the same governance tokens taken in the hack. A person claiming responsibility for the attack told members of the project’s decentralized autonomous organization (DAO) that they will return the majority of the loot if…
Kazakhstan plans to release a legal framework for the regulation of bitcoin and cryptocurrencies, per a report from Russian media outlet Tass. “Deputies of the Majilis of the Parliament have developed a sectoral bill on digital assets of the Republic of Kazakhstan and four related bills as a legislative initiative,” said Ekaterina Smyshlyaeva, a member of the Committee on Economic…
The crypto billionaire said he would look at Celsius, but he saw little left to rescue otherwise; the mess is the price of inaction on the part of regulators and the industry. Source: https://cointelegraph.com/news/bankman-fried-rescue-market-is-drying-up-and-we-re-all-to-blame-for-its-existence
Disclaimer: Bitcoin Magazine is owned and operated by BTC Inc, the organizer of Bitcoin Amsterdam. Stella Assange, wife of Julian Assange, the founder of classified document publisher WikiLeaks who has been confined to a London prison since 2019, took the stage at the Bitcoin Amsterdam event today in a keynote presentation titled “Free Assange.” She described the parallels between Bitcoin…
Quant continued to trade close to an eight-month high on Wednesday, as prices of the token rose for a second straight day. Hedera was another notable mover in today’s session, as it rose by as much as 11% earlier in the day. Overall, crypto markets are marginally down as of writing. Quant (QNT) Quant (QNT) rose for a second consecutive…
Crypto is currently languishing like the internet did in 1996 with slow speeds and few practical use cases, says Steve Newcomb, chief product officer of Matter Labs. But a major increase in bandwidth and security soon after saw the internet become a crucial part of daily life across the globe — and we’re right on the cusp of that happening…
Financial services firm 21Shares has launched the first physically-backed bitcoin exchange traded product (ETP) in the Middle East, per a press release. The ETP will trade on the Nasdaq Dubai exchange under ticker symbol ABTC similar to the spot bitcoin ETP the company previously launched in Europe. “Coming from the Middle East myself, the region is exceptionally important to me…
Bitcoin-denominated futures open interest hits 660,000 BTC despite volatility remaining comparatively flat. Source: https://cointelegraph.com/news/btc-price-wobbles-on-us-ppi-as-bitcoin-futures-open-interest-hits-peak
This is an opinion editorial by Jiro Reyes, CEO of Bitskwela, a Philippine-based education company focused on accelerating the country’s regional Bitcoin adoption. Corruption, poverty and financial exclusion. These are only some of the many problems that Bitcoin was created to solve. But many countries to this day still have most of their citizens fighting for their lives, or rather,…
