Crypto.com has announced its receipt of a Minimal Viable Product (MVP) Preparatory license from Dubai’s Virtual Asset Regulatory Authority (VARA). This preparatory phase operations license came after the exchange obtained provisional approval from the regulator in Dubai last year. In the preparatory stage, the MVP license allows the exchange to fulfill the conditions to operate within the set VARA rules.…
Blockchain technology can help solve current issues with settlements, according to the deputy chief executive of Sberbank. Russia’s largest bank is working with other financial institutions to develop blockchain-based payment applications, the banker revealed. Sberbank Sees Solution to Russia’s Troubles With Settlements in Blockchain With major Russian banks disconnected from the main global interbank payment system, SWIFT, due to Moscow’s…
Something to watch out for when accepting Bitcoin at bars and restaurants in Norway: the price per BTC surging. Source: https://cointelegraph.com/news/accepting-bitcoin-at-this-norwegian-bar-during-a-bull-run-was-almost-criminal
press release PRESS RELEASE. WATERPORT PLACE, GIB., March 20th, 2023 – Digital Asset Management Limited and the Damex group (“Damex” or “Damex.io”)), a Distributed Ledger Technology provider based in Gibraltar, recently announced its utility token IEO, the Damex Token ($DAMEX), which can be used within the Damex App along with other non-fungible tokens (NFTs), to earn rewards for adopting a…
As artificial intelligence (AI) recently became a trending topic due to the capabilities displayed by ChatGPT v4, a project claiming to be an “AI-based” decentralized application has taken almost $1 million from its users in a suspected scam. Blockchain security platform CertiK has recently confirmed that Harvest Keeper has stolen around $933,000 of users’ assets at the time of writing.…
There’s a new layer-2 token in town. Arbitrum recently announced the launch and airdrop of its native governance token called ARB. The token has yet to be distributed, with the developer team indicating ARB will hit eligible wallets on March 23. That’s left plenty of time for armchair token valuations as the Crypto Twitterati mulls how much those new tokens…
Bitcoin (BTC) starts a new week in an unmistakably bullish position as it passes $28,000. Crypto markets continue to climb on the back of the banking crisis, which still rages in the United States and abroad — where will they go next? After a week of chaos for macro markets and solid gains as a result, Bitcoin and altcoins are…
Bitcoin (BTC) starts a new week in an unmistakably bullish position as it passes $28,000. Crypto markets continue to climb on the back of the banking crisis, which still rages in the United States and abroad — where will they go next? After a week of chaos for macro markets and solid gains as a result, Bitcoin and altcoins are…
The Financial Supervisory Commission (FSC) of Taiwan will become the main regulator of cryptocurrencies in the island country, according to the head of the authority. FSC chairman Huang Tien-mu has announced that the regulator will assume the supervisory authority on the crypto industry in Taiwan, the local news agency United Daily News reported. Huang addressed Taiwan’s parliament, the Legislative Yuan,…
A report issued by Globaldata, a global consulting and data analysis company, predicts that China will become a leading country in metaverse tech during 2023. The firm believes that the development of other technologies like artificial intelligence (AI), virtual reality (VR), augmented reality (AR), and 6G will allow China to configure itself as a metaverse hub. China to Lead Metaverse…
