With a new operating license in the United Arab Emirates, Kraken aims to provide access to global liquidity to local investors through AED trading pairs. California -based crypto exchange Kraken becomes the second virtual asset platform after Binance to receive regulatory approval to operate in Abu Dhabi's international financial center and free zone, Abu Dhabi Global...
Leading banks in India have asked the National Payments Corporation of India (NPCI) to issue a formal directive explaining the restrictions on money transfers using the Unified Payments Interface (UPI) for trading virtual digital assets. According to a report by the Economic Times of India, Indian banks recently received "verbal instructions" from the NPCI to block...
Peckshield, a well-known blockchain security company, on Monday revealed the existence of numerous phishing websites for the Web3 lifestyle app STEPN. These sites insert a fake MetaMask plugin into the browser, with which they can steal seed phrases from unsuspecting STEPN users. When the cybercriminals receive the seed, they gain full control over the user's STEPN...
The Sandbox Metaverse Project bought a non-fungible token from the Moonbirds NFT collection for 350 ETH (over $1 million at writing). 👋 GM to MoonBird #2642 🦉 We got this rare @moonbirds_xyz NFT for 350 ETH and will showcase it alongside 100s of NFTs, adding Utility in @TheSandboxGame open Metaverse; growing the NFT culture as it will become part...
An innovative strategy for buying and holding bitcoin will provide software provider MicroStrategy with a “bright future” for the coming years. Michael Saylor, CEO of the company, stated this in letter shareholders accompanying the annual report. “In 2020, we took bold steps to protect the company, our people, and preserve shareholder value in the face of...
Yuga Labs will launch the Otherside metaverse on April 30th. For the last 24 hours, the sale of non-fungible collection tokens BAYC and MAYC increased by 18% and 108% respectively. Meet you there.https://t.co/qgI5RM4aov — Yuga Labs (@yugalabs) April 23, 2022 Studio announced Otherside in March 2022. Yuga Labs did not reveal the details of the project, however, characters...
Due to an error by the AkuDreams team dutch auction The NFT project ended with the loss of user funds. Over 11,539 ETH (~$33.93 million) were permanently locked in the smart contract. $34 million, or 11,539 eth, is permanently locked into the AkuDreams contract forever. It cannot be retrieved by individual users or by the dev...
Creating a cross-chain bridge between the Dogecoin and Ethereum blockchains will add practical value to the meme-cryptocurrency. This opinion was expressed by its co-founder Billy Markus. things that add utility to #dogecoin: 1) businesses accepting doge - the more it can be used as a currency, the better 2) using doge as a tipping currency - the most pure use...
Futures approval of bitcoin-ETF by Teucrium is the basis for a similar decision on Grayscale's conversion application GBTC to an exchange-traded fund. The company made the announcement in a letter to SECwrites The Block. "[…] there is no reason to consider spot bitcoin products differently than bitcoin-based futures products.”the document says. In early April, the SEC approved...
Businesses will turn to cryptocurrencies as a neutral financial instrument due to rising geopolitical tensions. Such an opinion expressed Binance CEO Changpeng Zhao. In The Money Movement podcast with Circle CEO Jeremy Allaire, he noted that the world is becoming more fragmented, and the US is using the dollar for sanctions pressure. “Money is a very powerful...
