Day: 30 November 2022

Gemini, a cryptocurrency exchange, has announced another milestone in its European expansion drive following new regulatory approvals in Italy and Greece. Gemini has registered as a virtual currency operator with the Organismo Agenti E Mediatori (OAM), Italy's payments services regulatory body, and with Greece's Hellenic Capital Markets Commission (HCMC) as ...

As the country experiences a boom in digital transactions, Indonesia's central bank today announced plans for a digital rupiah currency based on blockchain technology.   According to a report, the development of central bank digital currencies (CBDCs), either in the form of retail tokens for use by individual consumers or wholesale ...

The world's most widely used digital tokens, Bitcoin (BTC) and Ethereum (ETH) are trading with notable gains. Most altcoins are also witnessing an increase in trading volume. As a result, there are currently bullish gains in the cryptocurrency market today.  After falling as low as $15,500 in the previous week, ...

Cosmos (ATOM) started to recover after Bitcoin (BTC) hit $16.19K on November 22nd. Notably, the correction of ATOM's price occurred on November 28 after BTC's price fell from $16.60K on November 27.  The market structure for ATOM was still bearish at the time of writing. As a result, risk-averse traders ...

The once-self-made billionaire is reportedly on his way to his final $100,000. Sam Bankman-Fried had $100,000 left in his bank account last time he checked.https://t.co/tkQweOY7RO — db (@tier10k) November 29, 2022 A recent interview with Sam Bankman-Fried (SBF) on Tiffany Fong's YouTube channel reveals that the once effective altruist is ...

The Singaporean finance minister and various financial regulators have been questioned about their roles in the massive losses suffered by Singaporeans when FTX, one of the largest crypto exchanges at the time, collapsed and went bankrupt earlier this November.  According to data from Yahoo Finance, Singaporean residents account for 5% ...

Earlier today, the European Central Bank published a blog post titled "Bitcoin's Last Stand." The post was written and published in an attempt to criticize Bitcoin and other cryptocurrencies, claiming that the cryptocurrency is on the verge of failing miserably or losing relevance because it has failed to produce a ...

Binance, the world's largest cryptocurrency exchange, has made yet another headline. Binance announced today via its official website that it had successfully and officially expanded its services to Japan. Binance marked its presence in the Asian country by acquiring a regulated local crypto exchange called Sakura Exchange BitCoin (SEBC). SEBC, ...

RippleX, the XRP Ledger development platform, has announced the launch of its Automated Market Maker (AMM). An AMM is a decentralized exchange that facilitates the sale of digital currency between users. The AMM is a product of the XLS-30d proposal submitted earlier this year.  It provides adequate liquidity for assets ...

TradeLens, a blockchain-based supply chain solution, has decided to shut down operations starting next year. TradeLens was jointly founded by IBM, an American technology company, and Maersk, a Danish shipping company, in 2018. Maersk announced the decision via a press release on the 29th of November.   The company was founded ...