Traditional finance, or TradFi, continues to explore the world of cryptocurrencies and blockchain technology, with the World Economic Forum holding more workshops and sessions for the sector in 2023. These were major themes seen by the Cointelegraph team as they covered the action throughout a busy week in Davos, Switzerland. In a late-night recording session, the team recapped everything readers need…
Month: January 2023
5 quick steps Markets Pro members used for 120X returns trading the news in 2021 & 2022
Want to learn a real strategy to potentially make a lot of money buying and selling cryptocurrencies? These secrets can’t be found anywhere else — but they are able to turn one’s entire financial situation around for the better in a very short period of time. Here’s how: We have often said that the key to crypto trading success is…
What is the Bitcoin Loophole, and how does it work?
Bitcoin Loophole facilitates Bitcoin (BTC) trading through automated crypto trading software. It uses trading bots to help users make financially sound decisions in the crypto markets to make large chunks of profits. Cryptocurrency trading has gone mainstream, with traders making large sums of money in the market. Bitcoin Loophole takes this experience one step further. Over the past decade, what…
EU Lawmakers Pave Way for Stricter Crypto Rules for Banks
European lawmakers have approved a bundle of changes that will impose steep new requirements on banks that have business dealings in crypto. The European Parliament’s Economics and Monetary Affairs Committee today passed cross-party compromises which will require banks to hold more capital to protect against potential crypto losses. A spokesperson for the Committee confirmed to Decrypt that the measures adopted…
South African Dispute Resolution Office Says It Now Considers Crypto-Related Complaints – Regulation Bitcoin News
According to South Africa’s Office of the FAIS Ombud, an independent dispute resolution office, individuals with crypto-related grievances that occurred after Oct. 19, 2022, can now formally submit such complaints on the agency’s website. However, the Office of the FAIS Ombud insisted that all complaints that occurred before crypto assets were designated financial products will not be considered and should…
Uniswap holders ditch Ethereum for BNB PoS Chain to deploy V3 protocol
Holders of Uniswap (UNI) have decided to deploy the third version of the decentralized exchange (DEX) protocol on BNB Chain, a rival of the Ethereum network. In a proposal posted on Jan. 17, Ilia Maksimenka, the CEO of the decentralized finance (DeFi) protocol Plasma Finance, highlighted reasons why the Uniswap v3 protocol should be deployed to the BNB Chain. Maksimenka…
Genesis creditors file securities lawsuit against Barry Silbert and DCG
Troubled cryptocurrency company Digital Currency Group (DCG) is facing more legal issues as its subsidiary Genesis Capital got slapped with a new class action lawsuit. A group of Genesis creditors filed a securities class action (SCA) lawsuit against DCG and its founder and CEO Barry Silbert, alleging violations of the federal securities laws. The lawsuit was filed by Connecticut-based law…
Brazil and Argentina to Start Working on Creation of Latam Common Currency – Economics Bitcoin News
Brazil and Argentina are looking to begin work on the issuance of a common currency. Sergio Massa, minister of the economy of Argentina, also stated that the two countries will be inviting other nations in the area to join this economic integration project in the future. Brazil and Argentina to Spearhead Common Currency Issuance Project Ministries of Brazil and Argentina…
This $25K BTC price target would spell misery for Bitcoin shorters
Bitcoin (BTC) has an important new price target for bulls to meet — and it is closer than it seems. As noted by Philip Swift, co-founder of trading suite Decentrader, $25,000 is now a critical BTC price level. Bitcoin price rally near “a lot of liquidity” After putting in 40% gains in January, Bitcoin continues to consolidate around the $23,000.…
Genesis Lawyer Has ‘Some Measure of Confidence’ in Creditor Resolution This Week
Sean O’Neal, a lawyer representing the bankrupt crypto broker Genesis, said there’s “some measure of confidence” the firm would resolve its disputes with creditors this week, per a Reuters report. “Sitting here right now, I don’t think we’re going to need a mediator,” O’Neal reportedly told the Manhattan court during a preliminary hearing Monday. “I’m very much an optimist.” According…