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🤓 Revolut started offering crypto services in Brazil Digital bank Revolut has started offering crypto services in Brazil. “Our mission is to open up the borderless economy with affordable and easy-to-use financial products that enable our clients to use their money efficiently. We will start with a global account and cryptocurrency investments, but this is just the beginning,” said CEO Nick Stronsky.
🤓 Google Cloud launched a program to support Web3 startups Google Cloud has launched a program to support Web3 startups. The program will provide projects and startups with technical support, community and various resources. Projects in the seed or Series A stage will be able to receive up to $200,000 in Google Cloud credits over two years.
🤔 Lack of regulatory clarity in payment solutions could undermine US sanctions If the United States fails to maintain its dominance in financial innovation and payments, it could affect its national security policy, especially with regard to sanctions, according to former State Department official Anya Manuel. "While we're fiddling around here and don't have a sound regulatory framework in the US, China is moving forward and many others are moving forward," Manuel said. “If, for example, Chinese payment solutions become dominant in the developing world, the sanctions will become much tougher.”
🤓 Azure Marketplace from Microsoft has integrated blockchain services Microsoft and crypto company Space and Time have entered into a partnership. As part of the partnership, developers on the Microsoft Azure Marketplace will have accelerated access to indexed blockchain data, allowing them to quickly connect large amounts of corporate data to smart contracts. Through integration, enterprises will also be able to access decentralized data without overhauling existing infrastructure. Earlier, Microsoft's venture arm, M12, led a $20 million strategic funding round for Space and Time.
😂 El Salvador Attracts Former IMF Official Amid Bitcoin Trouble The El Salvador government enlisted the help of Alejandro Werner, a former International Monetary Fund official, as an advisor in its efforts to broker a deal with a multilateral lender as El Salvador ran into bitcoin risk and bond issues. Despite the growth of its economy, El Salvador is currently excluded from global bond markets and credit default swaps point to a 79 percent chance of default over the next 5 years.
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I just voted on "LayerZero | Official NFT collection" https://snapshot.org/#/layerzeeroo.eth/proposal/0x85e1245563f4802a0f86559170ab0d1b8cf81692ae34123126d2ae760dea2a5c #snapshotlabs
📊 Cryptocurrency transfers to El Salvador fell by 18% in early 2023 Remittances in bitcoin and other cryptocurrencies sent to El Salvador fell by 17.8% during the first two months of 2023 compared to 2022, according to the latest data released by the country's Central Reserve Bank (BCR). According to BCR, remittances received through cryptocurrencies accounted for only 1.34% of the total received by the country, which amounted to nearly null.2 milion
#bitcoin #crypto
🔹 SEC Regulatory Action Forces US Exchanges to Retract Ethereum Staking U.S. crypto exchanges Kraken, Coinbase, and Gemini account for approximately 78% of entities waiting to withdraw their ETH, according to the latest data. These exchanges want to withdraw 682,552 ETH out of 874,199 ETH tokens pending withdrawal as of press time. In February, the US Securities and Exchange Commission fined Kraken $30 million for failing to register its staking product as a security. At the time, the exchange said it would stop providing staking to its US users and automatically withdraw their assets. Following the SEC's action against Kraken, the regulator sent a notice to Wells to Coinbase, threatening to sue it for its Coinbase Earn staking service and other products. The SEC also filed a lawsuit against the Gemini exchange.
🤓 Uniswap launched its own mobile wallet app Decentralized exchange Uniswap has launched its own mobile wallet app. The Uniswap mobile wallet will allow you to buy cryptocurrencies with a commission of 2.55%. The company also said that Apple has approved Uniswap's wallet app in several countries, with more to follow. Which countries have received approval is still unknown. #uniswap
🤓 ZA Bank will start offering crypto-to-fiat conversion services in Hong Kong The largest digital bank in Hong Kong, ZA Bank, will begin offering services for converting cryptocurrencies into fiat currencies through licensed exchanges. ZA will act as a settlement bank for clients and will allow HKD, RMB and USD withdrawals, according to the company's CEO Ronald Yu. Yu said that such a system is already working with HashKey and OSL, which are the only licensed cryptocurrency exchanges in Hong Kong.
🤓 ZA Bank will start offering crypto-to-fiat conversion services in Hong Kong The largest digital bank in Hong Kong, ZA Bank, will begin offering services for converting cryptocurrencies into fiat currencies through licensed exchanges. ZA will act as a settlement bank for clients and will allow HKD, RMB and USD withdrawals, according to the company's CEO Ronald Yu. Yu said that such a system is already working with HashKey and OSL, which are the only licensed cryptocurrency exchanges in Hong Kong.
🤓 El Salvador may soon open bitcoin embassy in Texas El Salvador is working on opening a bitcoin embassy in the US state of Texas. The idea of such an embassy is to expand joint commercial and economic exchange projects with the help of BTC. On October 28, 2022, El Salvador opened a similar embassy in the city of Lugano, Switzerland.
🤓 Flybondi Airlines started issuing tickets as NFTs Flybondi, an Argentinean low-cost carrier, has begun issuing all e-tickets in the form of NFTs. The service was called Ticket 3.0 and was created jointly with TravelX on the Algorand blockchain. NFT gives passengers the right to change the name on the ticket themselves, as well as transfer or sell tickets on the secondary market.
🤓 Gucci and Yuga Labs announce partnership The Gucci fashion house and Yuga Labs announced a partnership from the beginning. As part of the collaboration, Gucci will join the Otherside metaverse and the 10KTF NFT project. Specific details are not yet known.
🤓 BlockFi kept uninsured $227 million in Silicon Valley Bank Bankrupt BlockFi keeps $227 million uninsured in Silicon Valley Bank. The funds are not insured by the Federal Deposit Insurance Corporation (FDIC) because they are held in a money market mutual fund. “Investments in money market mutual funds: are not deposits, are not insured by the FDIC, are not insured by any federal government agency, do not have bank guarantees, and may lose value,” the company filing says. #blockfi
🤓 Despegar, the largest travel company in Latin America, will start accepting payments in cryptocurrencies using Binance Pay Despegar, the largest travel company in Latin America, will begin accepting payment for the entire range of its services in cryptocurrencies through integration with Binance Pay and the payment company Inswitch. To date, crypto payments are only available to clients from Argentina. Gradually, the service will be rolled out to other countries where Despegar operates.
🪙 BTC adoption increases tourism in El Salvador by 95% Salvadoran President Nayib Bukele made headlines last year when he announced that bitcoin would become legal tender in his country. Bukele now claims that the introduction of BTC has led to a significant increase in tourism. According to Bukele, tourism has increased by 95% since the country adopted bitcoin. This significant figure highlights the potential benefits of using cryptocurrencies as legal tender. #elsalvador #cryptonews
🇺🇸 America receives from other countries in anticipation of cryptocurrency Brad Garlinghouse, CEO of Ripple, believes that the US is lagging behind other countries in expected cryptocurrencies due to regulatory uncertainty. He compared the technology's potential to the Internet, highlighting America's decision to use it in the 1990s, even though its properties were relatively unknown at the time. Source: cryptopotato.com More analysis and analytics: Main channel | Youtube channel
🦄 Uniswap wants to launch a crypto wallet on iOS Uniswap Labs, which powers the leading decentralized exchange on Ethereum, plans to launch a mobile crypto wallet for iPhone users, but Apple seems to have some concerns. "Apple has yet to green-light our launch and we don't know why - we have responded to their concerns, answered all questions, and confirmed that we are 100% compliant with their specifications," Uniswap Labs said. Source: coindesk.com #uniswap #cryptowollet
🤓 Gary Gensler stated that crypto exchanges cannot be considered qualified custodians US Securities and Exchange Commission (SEC) Chairman Gary Gensler said exchanges cannot be safe, qualified custodians for investment advisors. The SEC has previously proposed a rule requiring investment advisors to use qualified custodians to hold cryptocurrencies. “Based on how cryptocurrency trading and lending platforms generally operate, investment advisors cannot rely on them as qualified custodians today. To be clear, just because a crypto trading platform claims to be a qualified custodian does not mean that it is one,” he said.
🤓 Chiliz will launch a $50 million accelerator to invest in projects at an early stage of development Blockchain Chiliz announced the launch of the $50 million Chiliz Labs investment program, which will be sponsored by the Jump Crypto fund. Chiliz Labs will focus on supporting projects in the early stages of development that will help grow the Web3 sports industry and bring long-term value to fans and sports brands. #cryptonews #chiliz
🤓 Binance launches NFT generation service using artificial intelligence The head of the Binance exchange, Changpeng Zhao, announced that the company has launched a beta version of the Bicasso service. Bicasso generates NFTs using artificial intelligence. Minting limit is 10,000 pieces.
🤓 Google Cloud and Casper Labs announce partnership Google Cloud announced that it has started working with Casper Labs. As part of the partnership, Casper Labs will move some of its infrastructure to Google Cloud servers, as well as provide developers on Casper with access to storage and hosting from Google. Google Cloud Web3 CTO James Tromans said that by working with Casper, the company will be able to provide a secure, reliable and resilient cloud infrastructure for developers. Previously, Google Cloud announced partnerships with Coinbase, Solana, Aptos, BNB Chain, and Tezos.
🤓 Trezor will start producing chips for its wallets on its own Trezor has announced that it will begin manufacturing chips for its flagship Trezor Model T hardware wallet. The move aims to greatly streamline the production of Trezor wallets by cutting the delivery cycle time from two years to a few months. In addition, the company will also eliminate reliance on third parties. In the past, many tech firms have run out of components due to broken supply chains amid Covid-19.
🤝 IMF and US support India's plan to coordinate global regulation of cryptocurrencies in the G20 The International Monetary Fund and the United States showed support for India's plan to coordinate global cryptocurrency regulation during the recent G20 meeting. India, which currently chairs the G20, is pushing for a collective global effort to regulate the nascent digital asset industry and mitigate its potential risks.
🤝 IMF and US support India's plan to coordinate global regulation of cryptocurrencies in the G20 The International Monetary Fund and the United States showed support for India's plan to coordinate global cryptocurrency regulation during the recent G20 meeting. India, which currently chairs the G20, is pushing for a collective global effort to regulate the nascent digital asset industry and mitigate its potential risks.
🤝 IMF and US support India's plan to coordinate global regulation of cryptocurrencies in the G20 The International Monetary Fund and the United States showed support for India's plan to coordinate global cryptocurrency regulation during the recent G20 meeting. India, which currently chairs the G20, is pushing for a collective global effort to regulate the nascent digital asset industry and mitigate its potential risks.
😂 Emoticons are considered financial advice and have legal implications A judge in the U.S. District Court for the Southern District of New York ruled that emoji like the rocket, stock chart, and moneybags are considered financial advice and have legal implications. In a tweet, former U.S. Securities and Exchange Commission chapter head Lisa Braganza warned users of the possible legal implications of their use of such emojis, which could indicate future
🤓 Google Cloud will become a Tezos network validator The Tezos Foundation has announced that Google Cloud will become the validator of the Tezos network. The partnership aims to enable Google Cloud enterprise customers to develop and deploy applications on the Tezos blockchain using Google's cloud infrastructure. In addition, some Tezos-funded startups will also be eligible for Google Cloud mentoring and loans.
🔥 Microsoft announced the beginning of cooperation with Ankr Microsoft has partnered with decentralized blockchain infrastructure provider Ankr to create a new node hosting service on the Microsoft Azure Marketplace. “Many developers and organizations are exploring how Web3 can help solve real business problems, and our partnership with Ankr will allow them to access blockchain data in a reliable, scalable and secure way,” said Rashmi Mishra, head of Microsoft AI and emerging technologies. .
🤓 Helium will switch to Solana on March 27th The developers announced that the Helium network will move to the Solana blockchain on March 27th. The team also warned that during this period of time, the Helium network will be stopped for 24 hours.
🤓 Filecoin will launch smart contracts this March In March of this year, the Filecoin (FIL) blockchain will launch the Filecoin Virtual Machine (FVM) service, which integrates smart contracts into the network and allows developers to create decentralized applications. This improvement will also allow Filecoin to become a full-fledged first-level (L1) blockchain. Amid these expectations and discussions, the FIL coin surged over 30% yesterday.
🤓 Changpeng Zhao reveals that Binance has abandoned some US investments The head of Binance, Changpeng Zhao, said that the company has abandoned some potential investments and purchases of bankrupt companies in the United States. However, he did not specify whether this applies to the purchase of the bankrupt Voyager Digital. Zhao also denied a Bloomberg article, which said that Binance is considering the option of completely terminating relations with US business partners, including banks, and delisting any projects from the US, in particular the USD Coin (USDC) stablecoin. According to the head of the company, the blockchain has no boundaries.
🤓 The Hong Kong government issued the world's first tokenized green government bonds The Hong Kong government announced that it has successfully issued and sold $100 million worth of government tokenized green bonds at a yield of 4.05%. These are the world's first tokenized green bonds issued by a government. The bond issue was carried out on a private blockchain.
🤓 Abu Dhabi launches $2 billion fund to support Web3 and blockchain startups Abu Dhabi Special Zone Hub71 has launched a $2 billion initiative to support Web3 and blockchain startups. Hub71+ Digital Assets will give firms access to a wide range of programs and potential corporate, government and investment partners. The program will also support businesses relocating to Abu Dhabi. The state bank First Abu Dhabi Bank became the main partner of Hub71+ Digital Assets.
🤓 Soros Foundation has increased its positions in some cryptocurrency companies Soros Fund Management, which is owned by George Soros, increased its positions in cryptocurrency companies at the end of last year. According to a December 31 filing with the U.S. Securities and Exchange Commission (SEC), Soros Fund Management acquired $39.6 million in convertible debt from mining company Marathon Digital Holdings. The fund also purchased call and put options on 50,000 shares of MicroStrategy. At the same time, by the end of the year, the fund held preferred shares of MicroStrategy for almost $200 million. In addition, Soros Fund Management purchased 100,000 put options for Silvergate Bank.
🤓 Brazilian State Bank Banco do Brasil allowed its customers to pay taxes with digital assets Brazil's state bank Banco do Brasil has allowed its customers to pay taxes with cryptocurrencies. This became possible thanks to the cooperation of the bank with the startup Bitfy. “This partnership expands the use of and access to the digital asset ecosystem with a national reach,” said Bitfy CEO Lukas Schoch.
🔥 Kraken to Stop US Staking Services and Pay $30M SEC Fine Cryptocurrency exchange Kraken will immediately terminate its staking service for US customers and will pay $30 million to settle a dispute with the US Securities and Exchange Commission (SEC). Kraken has stated that it will automatically de-stake any asset, with the exception of staked ETH. “Whether through staking as a service, lending, or other means, crypto intermediaries offering investment contracts in exchange for investors’ tokens must ensure the proper disclosures and guarantees required by our securities laws. Action today should send the message across to the market that staking as a service providers must register and provide full, fair and truthful disclosure and investor protection,” said SEC Chairman Gary Gensler.
🤓 Bloomberg: SEC is investigating Kraken According to Bloomberg, the US Securities and Exchange Commission (SEC) is investigating the Kraken exchange. The regulator is investigating whether the company has violated the rules for offering securities. However, according to sources of the publication, the conflict can be resolved in the coming days. The details of the Kraken deal with the SEC are unknown.
🐤 Documenting ₿itcoin: Nigeria🇳🇬 Leads in Bitcoin Adoption and Sets New Record for Google Searches.
🤓 Digital Currency Group and Genesis reached an agreement on restructuring Digital Currency Group (DCG) and lending platform Genesis have reached an initial agreement on a restructuring plan as part of bankruptcy proceedings, according to CoinDesk. The agreement provides for the winding up of the Genesis credit book and the sale of legal entities owned by the site. In addition, the deal provides for the refinancing of a $100 million bitcoin loan to DCG and a $500 million loan.
🐤 Documenting ₿bitcoin: Africa is the world leader in bitcoin adoption!
🤓 February will be unlock month for APT, IMX, SAND tokens and other digital assets February will be the month of unlocking a lot of projects. In particular, on February 12, APT tokens in the amount of ~ $ 80 million will be unlocked; February 14 - SAND for ~$285 million; February 14 - DYDX with ~$22M; February 15 - BIT for ~$107 million; February 17 - APE for ~$44 million; February 25 - IMX at ~18 million.
🤓 Bloomberg: Binance acquires majority stake in South Korean exchange GOPAX Binance Holdings Ltd. acquired a controlling stake in the troubled South Korean stock exchange GOPAX. Funding for the purchase came from an industry recovery fund, to which Binance pledged null billion. The parent company of the exchange Streami Inc. is one of the top 10 known creditors of the bankrupt Genesis Global. Binance plans to capitalize on the exchange so that customers can withdraw funds and earn interest on a profitable GoFi product.
🤓 eBay has posted jobs for its KnownOrigin NFT marketplace eBay has posted several job openings for its KnownOrigin NFT marketplace. Specifically, the company is looking for a Cryptocurrency Advisor, Head of Community and Head of Marketing. The Cryptocurrency Advisor will primarily serve KnownOrigin and build the company's roadmap as it expands into NFTs and other blockchain technologies.
🤓 Binance became a partner of the largest airline in Kazakhstan Air Astana The Binance exchange has become a partner of the largest airline in Kazakhstan Air Astana. As part of the partnership, members of the Air Astana Nomad Club loyalty program will be able to convert their bonuses into cryptocurrency on Binance.