The European Commission has moved to impleme educational and professional credentials will be verified across borders. In an announcement on June 7, the Web3 and blockchain solutions provider, Protokol, revealed a collaboration with EBSI Vector, a European Union-funded project creating a decentralized framework for cross-border verification. The project will use blockchain technology to develop the forthcoming credential verification solution, which…
Bitcoin (BTC) cooled the volatility into the June 8 Wall Street open as market participants waited for signals BTC/USD 1-hour candle chart on Bitstamp with 200WMA. Source: TradingView BTC spot clings to 200-week moving average Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling a key long-term trend line near $26,500. After flash volatility surrounding industry news events, the…
Crypto lending has become an essential part of decentralized finance (DeFi), allowing people to lend and borrow digital assets via specifically designed protocols. With crypto lending, users can lock their crypto assets as collateral and then borrow a fiat or stablecoin loan. Instead of traditional intermediaries, like banks and credit unions, DeFi lending protocols operate directly on a blockchain. Smart…
Firms marketing cryptoassets to British investors will be required to introduce a 24-hour “cooling-off period” for first-time buyers, under new advertising rules announced by the Financial Conduct Authority. The UK regulator announced new rules to regulate crypto asset marketing Thursday morning, which will come into effect from October 8, 2023. Under the new rules, first-time investors will be subject to…
In a June 8 announcement, the United Kingdom’s Financial Conduct Authority (FCA) said that from Oct. 8, advertisers of crypto services in the U.K. would be subjected to stricter regulations. The watchdog has mandated that crypto companies in the U.K. implement a “cooling-off period” for first-time investors. Additionally, as part of measures to enhance investor awareness of risks, the FCA…
This story comes from GG. Your Web3 Gaming Power-Up Discover GG The headset wars are heating up: Apple finally revealed its Vision Pro device this week, with the mixed reality headset providing both augmented reality (AR) and virtual reality (VR) capabilities. It’s a high-end, cutting-edge device with a lavish price point to match. And when it lands in early 2024,…
Cryptocurrency-related enforcement actions undertaken by the United States securities regulator significantly increased in the six months following the bankruptcy of cryptocurrency exchange FTX. An analysis of press releases from the Securities and Exchange Commission (SEC) and news reports on its actions found that in the six months preceding FTX’s collapse — the SEC undertook approximately six enforcement actions. In the…
The United States could run the risk of an exodus of major Web3 and cryptocurrency service providers as the Securities and Exchange Commission (SEC) takes action against Coinbase and Binance. Sergej Kunz, co-founder of decentralized finance (DeFi) protocol 1inch Network, believes the SEC’s enforcement action against the two centralized exchanges could have a negative effect on the growth of Web3 in the U.S.…
SEC Chair Gary Gensler offered his services as an advisor to Binance in 2019, according to the crypto exchange’s lawyers. They allege that Gensler had several conversations with Binance executives and founder Changpeng Zhao prior to taking up his post at the SEC, and met Zhao in Japan for lunch. The report of Gensler and Zhao’s prior encounters comes amid…
Enjin chief technology officer Witek Radomski said the new blockchain aims to promote creativity by facilitating the easy and affordable creation and distributi… Source: https://cointelegraph.com/app/public/index.php/news/nft-platform-enjin-forks-polkadot-parachain-efinity-to-new-mainnet
