JK_PLUS (@thethemit_pun10) • Hey

Digital & NFT Artist

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“We are referring to the current Bitcoin rallies internally as, ‘nothing for sale’ rallies, said Stephane Ouellette, co-founder and chief executive of FRNT Financial. “On even the slightest positive news, whether ETF related or otherwise, Bitcoin is seeing very little resistance to the upside and is having the propensity to ‘gap.’ The dynamic speaks to the impressively strong price base Bitcoin has developed post-FTX.” Bitcoin rose as much as 2.5% to $37,465 on Friday. It climbed within a hair of $38,000 on Thursday, the highest price since May 2022. That was when the collapse of the TerraUSD stablecoin set off a chain of failures across the sector that culminated in the implosion of Sam Bankman-Fried’s FTX exchange a year ago from tomorrow. The US Securities and Exchange Commission is expected to approve a spot Bitcoin ETF by Jan. 10, according to Bloomberg Intelligence analysts. Bitcoin has surged almost 40% over the past four weeks on growing speculation that approval was imminent. And it’s not just Bitcoin rallying, battered coins like Terra are up 66% today, and FTX’s native token, FTT, has surged 79.8%, according to data from CoinGecko.
I just voted "Yes" on "Beefy provides $OP incentives for STG liquidity." https://snapshot.org/#/stgdao.eth/proposal/0xd6bb6427e285ae4e269ebb9f4d0396808d2de356c654c19877402da4e3e8c44a #Snapshot
While naysayers continue to call NFTs and the associated blockchain games a cash grab, the Solana Foundation intends to flip the script and change the narrative, making a public push last week with its PlayGG event in San Diego. "The reception and the excitement from both the attendees and our developer community has been amazing," Solana Games General Manager Johnny Lee told *Decrypt* at the event, which spotlighted a variety of games building on Solana. Lee said the Solana Foundation hoped the free two-day event would entice investors, the media, and local San Diego families to experience blockchain gaming in a way that didn’t emphasize crypto or NFTs. The event included games like Star Atlas, Aurory, and Alchemy: Battle for Ankhos, and featured professional gamers from the G2 Esports team.
South Korea launched an interagency investigation unit to tackle crypto-currency crimes on Wednesday amid a surge in illegal activities in the market and a lack of legal protections for investors. The Joint Investigation Centre for Crypto Crimes will be manned by some 30 personnel from judicial, financial, tax and customs agencies, the Prosecutors' Office said in a statement. "Virtual assets are investment products that already compare to stocks, but market participants are practically left out from legal protection amid incomplete laws and systems," it said. The Prosecutors' Office said that until the crypto-currency market was regulated under law, the investigation team would fill the gap in investor protection.
Worldcoin, a cryptocurrency project founded by OpenAI CEO Sam Altman, launches on Monday. The project’s core offering is its World ID, an account that only real humans can get. To get a World ID, a customer signs up to do an in-person iris scan using Worldcoin's 'orb', a silver ball approximately the size of a bowling ball. Once the orb's iris scan verifies the person is a real human, it creates a World ID. The company behind Worldcoin is San Francisco and Berlin-based Tools for Humanity. The project has 2 million users from its beta period, and with Monday’s launch, Worldcoin is scaling up “orbing” operations to 35 cities in 20 countries. As an enticement, those who sign up in certain countries will receive Worldcoin’s cryptocurrency token WLD.
In another day of crypto market drudgery, bitcoin (BTC) briefly feinted higher Friday before settling back into its increasingly familiar environs below $30,000. The largest digital asset by market capitalization was recently trading at $29,904, up 0.3%. Ether (ETH), the second largest cryptocurrency, remained largely unfazed during the day, lingering at around its weekly low below null,900. Major alternative cryptocurrencies – so-called altcoins – including SOL and XRP recovered some of their losses endured earlier in the day. MKR, governance token of decentralized finance lender MakerDAO, defied the broader market and enjoyed double-digit gains, buoyed by the activation of a token buyback program. But micro-cap token CNC cratered as much as 75% during the day following a 1,700 ETH – some $3.2 million – exploit of Conic Finance, a Curve-adjacent decentralized finance protocol.
Investors in El Salvador international bonds are relishing 60% returns this year alone as debt issued by the Central American country recovers from calls of doom and default, with some betting the rally is not quite over yet. Rising tensions between Washington and President Nayib Bukele's government, dwindling prospects of a financing deal with the International Monetary Fund (IMF) and the fallout from bitcoin becoming legal tender against a wider difficult macro backdrop had seen El Salvador bonds drop to a quarter of face value last July. Fast forward 12 months and two surprise debt buybacks have left the country's payment schedule very light until 2027, while the appointment of a former IMF official as adviser to the finance ministry has sent the right signals to markets, investors say. A bond maturing in 2025 is trading at 89 cents, up from about 27 cents a year ago.
The U.S. Securities and Exchange Commission (SEC) has accepted a second spot Bitcoin ETF application for review in the space of a week. On Monday, the SEC added Valkyrie's proposal to launch a spot Bitcoin ETF, the Valkyrie Bitcoin Fund, to its official docket. It follows the SEC’s acknowledgement of BlackRock’s spot Bitcoin ETF proposal last week on July 13. Valkyrie resubmitted its longstanding Bitcoin ETF proposal on June 21, just five days after BlackRock's groundbreaking ETF proposal.
Globally agreed rules leave crypto firms with no option but to introduce basic safeguards to prevent the blow-ups seen at FTX exchange and other crypto casualties, the G20's Financial Stability Board said on Monday. The FSB published on Monday final recommendations requested by the G20 on supervising firms that trade cryptoassets such as bitcoin. The watchdog also revised its existing recommendations for stablecoins in light of the demise of TerraUSD/Luna coins. Both borrow universal guard rails from mainstream finance before the sector grows big enough to pose a threat to financial stability by focusing on robust governance to avoid conflicts of interest, and proper risk management and disclosures to ensure that customer money is segregated from company cash.
BlackRock's application to offer a spot Bitcoin exchange-traded fund (ETF) has been added to the official docket of the Securities and Exchange Commission as part of its proposed rule change process. The move, recorded late Thursday, advances the most closely-watched Bitcoin-related proposal to the SEC to date. The application for the iShares Bitcoin Trust was filed nearly a month ago, prompting a new wave of optimism across the crypto market, and additional filings for spot Bitcoin ETFs from a number of other prominent players, including from firms like Invesco, Wisdom Tree, Bitwise, and Fidelity—which saw its previous application rejected last year along with those from other contenders. When the SEC signaled last month that BlackRock's application was lacking, the company filed a revised application, adding a "surveillance sharing" clause that would involve the Coinbase crypto exchange monitoring and reporting possible illegal activity.
Apparel giant Puma and entertainment agency Roc Nation—founded by rapper Jay-Z as a follow-up to his legendary hip-hop label, Roc-A-Fella Records—have teamed up for a new sneaker collection that’s tied to NFTs and pays homage to the evolution of the mixtape. The RS-XL Mixtape sneaker collection has been designed by Alexander-John and Emory Jones while the digital experience has been led by Legitimate, a startup bridging the gap between physical products and digital experiences through its proprietary “LGT Tag” technology. The collection features three different mixtape-inspired sneaker styles, named Cassette Tape, Disc, and Playlist respectively. Each pair of sneakers features a unique blockchain-backed LGT Tag hidden under the tongue of the left shoe—a near-field communication (NFC) chip that can be scanned with a smartphone to unlock an exclusive digital content.
Cryptocurrencies were testing year highs on Friday as a run of favourable regulatory and investment moves have started to shift momentum in markets that had been stuck in a rut for months. Bitcoin traded at its highest price since June 2022 overnight, touching $31,818 on the Bitstamp exchange. It is up more than 90% for the year so far and nearly 30% in a month. Second-biggest token Ether had its best session since March and Ripple, which a U.S. judge ruled could be legally sold on public crypto exchanges, soared 73%.
Particle, a digital art platform that offers to fractionalize high-value artworks in the form of NFTs, has announced the loan of its Banksy painting, “Love is in the Air,” to major museums worldwide. Established in 2020, Particle has enabled over 2,600 co-owners, including notable figures such as Beeple, Paris Hilton, and Kevin Rose, to participate in the ownership and governance of some masterpieces. The loan of the Banksy painting to museums across the globe was voted by co-owners of Particle's artworks, including “Love is in the Air” but also as an example of the project's latest H.R. Giger "Necronom" sculpture, which served as a model for Ridley Scott’s “Alien” movies. The sculpture was fractionalized into 500 NFTs, each of them in the form of an NFT.
South Korea's Financial Services Commission (FSC) announced on Tuesday the implementation of new rules, slated to take effect from January 2024. Regulations will mandate firms that issue or own cryptocurrencies to provide detailed crypto disclosures in their financial statements. The disclosures must include a range of information, including the amount and characteristics of their crypto tokens, their business models, and their internal accounting policies concerning the sale of cryptocurrencies and associated profits.
Bank of England Governor Andrew Bailey said Bitcoin and other cryptocurrencies don’t meet standards to be recognized as money and are best classified as “extremely speculative investments.” A better form of future money would be what Bailey called enhanced digital money during his speech at the Financial and Professional Services Dinner in London on Monday.
Bank of England Governor Andrew Bailey said Bitcoin and other cryptocurrencies don’t meet standards to be recognized as money and are best classified as “extremely speculative investments.” A better form of future money would be what Bailey called enhanced digital money during his speech at the Financial and Professional Services Dinner in London on Monday.
South Korea on Monday held the first preliminary hearing for Terraform Labs co-founder Daniel Shin and seven other former Terra employees, according to the Seoul Southern District Court. Shin was indicted on April 25 on multiple charges related to the collapsed Terra-Luna cryptocurrency project, including fraud. Shin’s lawyers rejected all the charges on the same day as the indictment.
If the first half of this year was distinguished by the U.S. securities regulator slapping fines on cryptocurrency exchanges, warning of legal action and then following up with the same, the second half started in Asia with a raft of jurisdictions running out new rules for exchanges – without the lawsuits. While some Asia nations, such as Singapore and Thailand, seem to be following the U.S. Securities and Exchange Commission (SEC) in frowning upon certain products offered by exchanges, the approach in Asia so far seems to be clarity instead of court battles, in contrast with North America. The U.S. is in a state of political and regulatory warfare over how to manage the cryptocurrency industry, John Rizzo, senior vice president of public affairs at Washington-based public relation firm Clyde Group, said in email comments.
If you want a job in the crypto industry, now is not a great time to look. A new report from the Brookings Institution found that after a monstrous 2021 and early 2022, open positions at crypto companies in the U.S. have fallen in droves, with major cities seeing a drop as high as 80%. The crypto industry has long been defined by extreme boom-and-bust cycles, but the past few years have proven particularly dramatic, with Bitcoin rising to nearly $70,000 in November 2021 before the sector saw a calamitous decline thanks to the collapse of high-profile projects like FTX and ensuing enforcement actions from government agencies.
Cameron Winklevoss, the co-founder of the Gemini crypto exchange, has made what he called a "final offer" in the debt-restructuring negotiations over the bankrupt digital asset firm Genesis. This offer aims to bring resolution to months of discussions and mediation and includes a plan for null.465 billion in forbearance payments and fresh loans denominated in USD, Bitcoin (BTC), and Ethereum (ETH). In an "Open Letter to Barry Silbert," the founder of Digital Currency Group (DCG), which owns both Genesis and the crypto asset manager Grayscale, Cameron Winklevoss expressed frustration with the delays from DCG in formulating a satisfactory repayment plan for Genesis creditors.
Several popular DeFi protocols have enjoyed a steep, overnight rally. The token powering the lending platform Compound has soared more than 4% in the last 24 hours, hitting $63.07, per CoinGecko. Elsewhere, the niche’s decentralized stablecoin minter Maker is also enjoying a bullish rise, with MKR jumping 9% over the same period. Stepping back, and the latest price action comes amid a sustained rise over the past week.
Paris-based cryptocurrency custody firm Ledger on Wednesday announced the launch of Ledger Enterprise Tradelink, which it describes as a secure and regulation-friendly trading system for institutional investors.
Bankrupt FTX is moving ahead with efforts to revive its flagship international cryptocurrency exchange, the Wall Street Journal reported on Wednesday citing CEO John Ray. The company "has begun the process of soliciting interested parties to the reboot of the FTX.com exchange," Ray said, according to the Journal's report. The failed crypto company has been holding talks with investors about backing a potential restart of the FTX.com exchange through structures such as a joint venture, the report added citing people familiar with the discussions. Lawyers for FTX did not immediately respond to a Reuters request for comment.
The European Union’s groundbreaking new crypto regulations will come into effect on Thursday, marking the end of two and a half years of legislating. But financial policymakers are already calling for a second version of the law to be introduced down the line. Markets in Crypto Assets (MiCA) was published in the EU’s official journal on June 9, and is scheduled to take effect on June 29, setting the clock ticking for firms to comply before its requirements are enforced. Certain regulations on stablecoins will be enforced one year from now, while the rest will be in use by the end of 2024. But even as firms play catch-up to the new regime, Bank of France Governor François Villeroy de Galhau said last week at an event in Paris that lawmakers now need to develop ‘MiCA II’, to better regulate the crypto sector. His comments echoed those of European Central Bank President Chrisine Lagarde, who has repeatedly called for a MiCA mark 2.0, in order to cover current blind spots such as decentralized finance (DeFi), lending and staking.
Many top DeFi tokens are outperforming the broader markets, with the native tokens of Uniswap, Aave, Compound and Synthetix posting double-digit gains over the past 24 hours. DeFi assets went on a tear on Saturday, while each of the top ten crypto assets by capitalization traded within a 2% range, according to CoinGecko. AAVE and COMP surged by an enormous 30%, while SNX rallied 19%, and UNI gained 12%. Curve (CRV), dYdX (DYDX), and PancakeSwap (CAKE) were also up roughly 7% today. Both the combined total value locked in DeFi protocols and the market cap of DeFi assets are up more than 10% in the past ten days.
he largest digital asset bobbed around the round-number level on Thursday following a 22% surge since BlackRock Inc.’s surprise June 15 filing with the Securities and Exchange Commission for permission to launch such an ETF. The climb has outstripped a 13% jump in an index of the largest 100 virtual coins over the same period. Bitcoin’s performance has also split from stocks, turning a short-term correlation between the token and the Nasdaq 100 gauge of technology shares negative for the first time since 2021. Aside from BlackRock — the world’s largest asset manager — Invesco, WisdomTree and Bitwise have submitted similar plans in recent days. The SEC has resisted allowing such funds, citing risks such as fraud and manipulation in the token’s spot market, but BlackRock’s stature and approach triggered speculation that the agency might be appeased.
A new U.S. task force comprising five federal enforcement agencies that regularly collaborate to investigate crypto and darknet crimes has been established, according to an announcement by the Department of Homeland Security. Dubbed the “Darknet Marketplace and Digital Currency Crimes Task Force,” the new interagency group will investigate how criminal gangs within Arizona use crypto and the dark web for crimes including drug trafficking, money laundering, personal data theft and child exploitation. The announcement says the Task Force’s goal is to “provide increased collaboration, enhance resources, and disrupt and dismantle criminal organizations that use these new and emerging technologies.”
Bitcoin, Ether gain, most top 10 cryptos drop Bitcoin rose 0.5% from 7 a.m. to 4:30 p.m. in Hong Kong to US$26,442. Ether gained 0.46% in the same timeframe, to USnull,724. Bitcoin, the world’s largest cryptocurrency, rose above US$26,000 on Saturday to a seven-day high of US$26,769 after it had slumped to three-month lows at the end of last week.
Your average trader may not be buying non-fungible tokens (NFTs) right now, but there’s one class of trader that is feasting. It’s the whales. NFT trading volume is down, and floor prices are tumbling along with it, but those with deep pockets are acquiring major art grails. Fidenzas, Ringers, Chromie Squiggles, and rare Archetypes; if it sounds like I’m speaking another language, you’re right. This is the language of whales and art collectors.
Pseudonymous blockchain sleuth ZachXBT, who for years has conducted volunteer on-chain investigations into alleged financial misconduct in the cryptocurrency industry, has been sued for defamation by an entrepreneur he had previously scrutinized. In June 2022, ZachXBT accused Taiwanese-American musician and tech executive Jeffrey Huang, known also by his online handle Machi Big Brother, of embezzling 22,000 ETH—worth roughly $37.8 million at writing—from a defunct crypto treasury management platform Huang had co-founded. The sleuth backed up the assertion with on-chain data.
Hopes surrounding a potential U.S. Bitcoin ETF filing by investment giant BlackRock spurred a slight change in market movements early on Friday, fueling a bullish outlook among some traders. On Thursday, CoinDesk reported that BlackRock planned to offer a Bitcoin ETF with crypto exchange Coinbase serving as custodian. This was confirmed later after a filing showed the company’s iShares fund management unit filed paperwork for the formation of a spot bitcoin (BTC) ETF. “An estimated 20% of Americans have now owned bitcoin at some point. BlackRock’s proposed ETF potentially offers the other 80% an option that is altogether more familiar and accessible,” said Sui Chung, CEO of CF Benchmarks, in an email to CoinDesk. “BlackRock’s increasing engagement shows Bitcoin continues to be an asset of interest for some of the world’s largest financial institutions.”
Bitcoin’s mining difficulty level rose 2.18% on Wednesday to an all-time high. The level changes every two weeks and measures the additional computing power a miner has to use to verify transactions on a block. A higher difficulty indicates it is more competitive to mine Bitcoin, reducing profit. The network’s hashrate also increased to a record high.
Shaurya MalwaWed, June 14, 2023 at 3:25 PM GMT+9 Binance CEO Changpeng "CZ" Zhao dispelled rumors that the world’s largest crypto exchange has been selling bitcoin (BTC) to keep the prices of bnb coin (BNB) from falling below certain levels. “Binance have not sold BTC or BNB. We even still have a bag of FTT,” Zhao tweeted early on Wednesday, using his infamous “4” moniker. He suggested there could be short interest among Crypto Twitter members fueling the supposed rumors.
Chancer, one of the most exciting new Web3 projects of 2023 has officially launched its crypto presale today, 13th June. The project aims to disrupt the betting industry by removing the ‘house’ from the picture and putting the markets firmly back in the hands of the bettors, allowing users to create their own betting markets, set their own odds, and create their own rules. Chancer is the world’s first decentralized predictive markets app — something co-founders and brothers Adam and Paul Kelbie believe will dramatically change how people bet, and ultimately, put the fun back into betting.
**Strike aims to deliver an enhanced user experience and advance its vision for the future** Strike, a digital payments firm specializing in Bitcoin transactions, has completed the transition of its customer assets to its own in-house infrastructure. The move, led by CEO Jack Mallers, marks the culmination of a two-year effort to reduce counterparty risk and enhance the performance of the company's products and services. By bringing custody in-house, Strike eliminates the need for custodial intermediaries and allows users to directly custody their Bitcoin and fiat assets with the company. This development enables Strike to introduce new features, such as peer-to-peer Bitcoin transfers, the option to receive funds as cash or Bitcoin, and the ability to make on-chain payments or utilize the Bitcoin Lightning Network for faster transactions.
Do Kwon, the fraudster behind the failed stablecoin project Terra, was arrested in March. A Korean national who studied at Stanford and based his operations out of Singapore, Kwan had been on the run, using a falsified Costa Rican passport in hopes of reaching Dubai. But when law enforcement finally caught up to him, they nabbed the crypto baron in the most unlikely location: the tiny Balkan nation of Montenegro. The news puzzled many crypto watchers as Montenegro is not a stop on the conference-heavy blockchain circuit, and few would be able to identify the coastal nation—which lies north of Albania—on a map. But those familiar with the country’s political affairs wouldn’t have been less surprised to discover that Do Kwon had chosen the Adriatic statelet as a hideout. In recent years, influential figures in the country —long known as a mecca for organized crime—have taken a keen interest in digital currencies and have been trying to build its profile as a crypto-friendly venue. This effort has already borne some fruit.
Tokens including Solana, Cardano and Avalanche posted double-digit percentage declines on Saturday. Bitcoin and Ether, the two largest digital assets, slid more than 3% as of 2:30 p.m. in Singapore. The SEC earlier this week delivered a double blow to the crypto sector by launching lawsuits against Binance Holdings Ltd., the sector’s largest trading platform, and Coinbase Global Inc., the biggest exchange in the US. The SEC accused Binance and its founder Changpeng ‘CZ’ Zhao of mishandling customer funds, misleading investors and regulators, and breaking securities rules.
**The deal comes at a time when the crypto custody market is undergoing rapid changes and challenges** Crypto custodian and enterprise wallet provider BitGo has announced its intention to acquire fintech infrastructure company Prime Trust. The acquisition, which is subject to regulatory approval and other closing conditions, would make BitGo the first global digital asset company to provide a full suite of solutions for institutions and fintech platforms. By acquiring Prime Trust, BitGo would expand its wealth management offerings and add another regulated trust company to its network, which already includes trust companies in South Dakota, New York, Germany and Switzerland. BitGo would also leverage Prime Trust's API infrastructure and exchange network, which are compatible with BitGo's services.
**The new rules equire clear risk warnings** The UK Financial Conduct Authority (FCA) is finalizing regulations aimed at crypto marketing to address the "growing mismatch" between consumers' investment decisions and risk tolerance. The new rules, set to take effect on October 8 after a four-month transition period, require clear risk warnings, non-misleading advertisements, and a cooling-off period for first-time investors. The cooling-off period, one of the significant requirements, prohibits sending consumers a Direct Offer Financial Promotion (DOFP) without them reconfirming their request at least 24 hours later. The FCA aims to provide consumers with time and appropriate risk warnings to make informed investment choices, particularly targeting novice users who may get "cold feet" when it comes to crypto investments.
Three Ark Investment Management LLC funds, including Wood’s flagship Ark Innovation ETF, bought 419,324 shares of the cryptocurrency exchange operator Tuesday as it tumbled as much as 21%, data compiled by Bloomberg show. The SEC made similar charges against Binance Holdings Ltd. Monday. Ark is the fourth-largest holder of Coinbase and has been adding to its stake on dips for nearly a year despite crypto-market volatility caused by issuing including the collapse of Sam Bankman-Fried’s empire, a widening US regulatory crackdown, and a spate of bankruptcies among companies in the industry. The SEC on Tuesday alleged Coinbase evaded the regulator’s rules for years by letting users trade numerous crypto tokens that were actually unregistered securities. The exchange operator responded by saying it’s willing to take the legal fight all the way to the Supreme Court.
The price of Bitcoin plunged after the world’s largest cryptocurrency exchange and its founder were accused of a “web of deception” by US regulators. The largest crypto token lost more than 3pc to fall below £21,000 as Binance and its chief executive Changpeng Zhao faced allegations of misusing investor funds, operating as an unregistered exchange and violating a slew of US securities laws. The lawsuit filed by the SEC lists thirteen charges against the crypto trading platform — including mingling and diverting customer assets to an entity Mr Zhao owned called Sigma Chain. The charges echo accusations levelled at the second largest cryptocurrency exchange, FTX, and its founder Sam Bankman-Fried after its collapse last year.
A torrent of speculative coins led to a record number of transactions and an 11-fold spike in processing fees on the blockchain in May, creating a logjam and forcing the Binance exchange to temporarily halt Bitcoin withdrawals. The tumult has since eased, but some crypto purists fret that future frenzied trading of memecoins like the frog-themed Pepe will again snarl the network and disrupt Bitcoin’s use for payments and as a store of value. They advocate deploying software to block the transactions — a kind of spam filter. “I do think the system is being abused,” said Bitcoin developer Ali Sherief. “Bitcoin was never intended to serve as a base layer for meme tokens.”
Markets managed to finally overcome four weeks of inertia and grow a little this week, but perennial leaders Bitcoin and Ethereum remained virtually flat, with only nominal gains over the last seven days. Bitcoin (BTC) added 1.8% this week and traded on Saturday at around $27,189. It briefly reclaimed $28,000 at the start of the week, however, after U.S. lawmakers ended their standoff over the debt ceiling last weekend with a tentative deal. Ethereum (ETH) outpaced the world’s favorite cryptocurrency this week. It grew 4.1% to reach null,903 at the time of writing.
Embattled crypto lender Celsius Network is shaking up its ether (ETH) staking strategy, congesting the already month-long queue to activate new validators on the Ethereum network. Over the course of two days, the firm has been diligently moving ETH into staking contracts after redeeming some $813 million of staked ETH from liquid staking leader Lido Finance. Since June 1, Celsius has deposited some $745 million of ETH, data by Arkham Intelligence shows. The transfers have stretched the already long queue to establish new validators on the Ethereum network to 44 days, with Celsius potentially responsible for almost a week of extra time, Tom Wan, analyst at crypto investment product manager 21Shares noted.
Japan’s All Nippon Airways, or ANA Group, has launched a non-fungible token (NFT) platform known as “ANA GranWhale NFT MarketPlace” to trade art and photograph collectibles through its metaverse subsidiary ANA NEO, the company tweeted on Thursday.
Gemini will "soon" start the process of buying a crypto license to operate in the United Arab Emirates, and the team has met stakeholders throughout the region to learn more about local regulatory requirements, the crypto exchange said late on Wednesday. Gemini, founded by cryptocurrency pioneers and identical twins Cameron and Tyler Winklevoss, is aiming for the "adoption of crypto globally across 20 countries." Its push in the UAE comes as the nation is trying to develop virtual asset regulation to attract new forms of business as economic competition heats up in the Gulf region. "By applying for a license, we will be taking another step towards making Gemini a truly global company," the exchange said in a blog post. It did not say when they expect to start operating in the UAE.
Bitcoin prices on the Australian arm of Binance, the world's largest crypto-currency exchange, were almost A$9,000 lower than prices on rival exchanges on Tuesday, in a sign customers were seeking to exit their positions quickly. The price of the world's biggest cryptocurrency, bitcoin, was at around A$34,000($23,062.20) on Binance Australia, compared with A$43,000 on BTC Markets, an Australia-based cryptocurrency exchange. Bitcoin was quoted at $27,790 outside Australia.
To paraphrase Winston Churchill, don’t listen to what they say, just watch what they do. The refrain repeatedly echoes across the mediascape: “Bitcoin is dead,” crypto is a haven for criminals, and according to a recent poll, Bitcoin and catastrophically collapsed exchange FTX are among the least liked brands in America. But some of the most popular brands in North America don’t necessarily agree. The Axios Harris Poll 100 is a yearly reputation ranking survey done by news outlet Axios and 60-year-old market research firm Harris Poll. It gauges the public reputation of the most visible brands in the United States, canvassing 16,310 Americans to see what companies have top-of-mind awareness and whether they favor or dislike them.
The play-to-earn gaming craze might have faded, but believe it or not, there remains a slew of crypto-infused games out there that let you earn Bitcoin while you play—and you don’t have to buy any NFTs to get started. Solitaire is one of the most popular games to be injected full of Bitcoin rewards on iOS and Android, with no fewer than three competing takes that let you stack sats (or satoshis, a.k.a. 1/100,000,000 BTC) while stacking digital playing cards: THNDR Games’ Club Bitcoin: Solitaire, Bling Financial’s Bitcoin Solitaire, and Viker’s Solitaire - Card Game 2023. All three games are broadly similar, serving up a simple game of digital solitaire that’s chock-full of obnoxious video ads. But all three games also truly do let you earn Bitcoin along the way and then withdraw it to a wallet. Keep your expectations in check, however: we’re talking pennies’ worth of BTC across hours of gameplay.
I just voted "yes" on "Fantom Pool Windup" https://snapshot.org/#/stgdao.eth/proposal/0xe485f7c2bb4f7843d4ce353ae82f19dcf017e70e917bad28f70ff8b231b57deb #Snapshot