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Dubai regulator unveils list of licensing fees for crypto companies

Posted by  on  05/07/2023
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The Dubai Virtual Assets Regulatory Authority (VARA) has published a list of fees that crypto assets companies will have to pay to the regulator. According to a press release from VARA, private cryptocurrency trading companies must obtain a No Objection Certificate (NOC) in order to operate in the Emirate of Dubai or the UAE. Before issuing this certificate, VARA will assess whether the company’s trading activity meets the minimum requirements. Upon successful verification, any private

Ripple is preparing a new Crossmark browser wallet for XRP Ledger

Posted by  on  03/07/2023
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The RippleX company, which develops for the Ripple ecosystem, is preparing the first browser-based wallet to work with the XRP Ledger blockchain. It was named Crossmark. It is reported that Crossmark will allow you to quickly and easily sign transactions on the XRP Ledger network and switch between networks. When developing, the specialists focused on the most popular wallet for Ethereum MetaMask. The developers emphasized that they have integrated into Crossmark functions similar to MetaMask,
CedarFX - Trade with the First Eco-Conscious Broker

CedarFX – Trade with the First Eco-Conscious Broker

Posted by  on  01/07/2023
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It’s not every day that you come across a broker with a vision to make a positive impact beyond the world of finance. CedarFX, however, is changing that perception. The leading online broker has recently launched a revolutionary Eco Account option to its traders, making it the first-ever Eco-conscious broker to exist! Through their various account options, CedarFX is dedicated to helping traders reach higher by offering ultra-high leverage and low spreads. Traders can get

Cryptocurrency ZenCash will soon cease to be anonymous

Posted by  on  30/06/2023
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Cryptocurrency platform Horizen has decided to remove all consensus-level privacy features, after which its native ZEN token will no longer be anonymous. “The current regulatory environment creates issues with the availability and adoption of privacy cryptocurrencies,” the company explained. The privacy of the blockchain itself was provided by the shielded pools of the main Horizen network. They were based on the outdated ZCash Sprout technology. Now the developers of the platform are preparing the ZEN

Trading volumes on crypto exchanges are growing thanks to applications for crypto-ETFs

Posted by  on  29/06/2023
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Over the past week, the volume of trading on centralized cryptocurrency exchanges has increased significantly. Analysts attribute this to BlackRock’s bid for a spot crypto ETF. Average trading volume on CeFi rose from $11 billion on May 26 to $19.5 billion on June 26. However, trading volumes are well below record levels — in 2021, during Bitcoin’s bull cycle, the figure exceeded $150 billion per day. “We believe that the surge in trading volume over

Bathhouse uses mining rigs to heat water

Posted by  on  27/06/2023
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The Bathhouse, located in Brooklyn, New York, told its Instagram followers that it uses mining rigs to heat water. “Fun fact! Did you know that our pools are heated by waste energy from bitcoin mining?” Bathhouse wrote on the social network. Bathhouse has bitcoin mining rigs that generate heat as a by-product. The post describes how heat is collected and used to heat pools through a circulating system. The opinions of subscribers were divided. Some
CedarFX - Trade with the First Eco-Conscious Broker

CedarFX – Trade with the First Eco-Conscious Broker

Posted by  on  25/06/2023
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It’s not every day that you come across a broker with a vision to make a positive impact beyond the world of finance. CedarFX, however, is changing that perception. The leading online broker has recently launched a revolutionary Eco Account option to its traders, making it the first-ever Eco-conscious broker to exist! Through their various account options, CedarFX is dedicated to helping traders reach higher by offering ultra-high leverage and low spreads. Traders can get

Ava Labs announces the launch of an AI chatbot

Posted by  on  22/06/2023
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Ava Labs, the developer of the Avalanche blockchain, announced the integration of the AvaGPT artificial intelligence chatbot on its Core platform. The task of the bot is to provide platform developers with the necessary information and access to the source data. “AvaGPT does two things: quickly responds to common user questions and also allows them to access our support team. This was done to help answer questions faster and get to the source material right

Hedging, Scalping & News Trading – What Are They?

Posted by  on  21/06/2023
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Hedging, Scalping & News Trading – What Are They?   These are commonly known strategies across the Forex and CFD trading markets, but what exactly are they? Here is a light guide for beginners who are interested in learning more about these trading techniques as well as, a brief introduction to technical and fundamental analysis.      1. Hedging To hedge, in trading, is to take an inverse position in an asset or trade that

European Parliament postpones promulgation of digital euro bill

Posted by  on  21/06/2023
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The European Parliament has postponed the publication of the final version of the bill on the digital currency of the European Union. According to CoinDesk journalists, the European Commission is considering options to increase the availability of the digital euro to the general public, for example, as an option for retail payments. “In the euro area, the creation of a retail CBDC is necessary to supplement cash and adapt official forms of currency to technological