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The CEO of the largest cryptocurrency exchange Binance offered the owner of Twitter to fight bots with the help of a special commission in cryptocurrency. “Another way to reduce the number of bots and increase revenue is to add the option ‘people you don’t follow must pay $0.x per comment’. The system will make comments too expensive for bots and can be easily implemented with crypto,” explained Changpeng Zhao. The head of Binance promised to
The European Parliament has approved the EU Cryptocurrency Regulation Bill (MiCA), which will set clear standards for the industry and protect crypto investors. The MiCA regulatory framework was supported by 517 members of the EU Parliament, 38 people voted against. The bill came almost five months after the infamous FTX crash, so MiCA aims to prevent such situations from happening. Politicians also supported a separate law requiring virtual asset service providers (VASPs) to identify their
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
The developers of the BNB Chain blockchain immediately added 191 projects to the so-called red list, which should serve as a warning to investors about possible fraud and the danger of investments. The updated list includes projects with fake tokens, large or non-transparent withdrawal fees, or projects whose developers reported a non-existent project address on Twitter. Several projects made the list due to the fact that the funds received for the development of smart contracts
The London Stock Exchange has partnered with Global Futures and Options to launch the UK’s first regulated trading in bitcoin futures and options. The London Stock Exchange (LSE) and the Global Futures and Options (GFO-X) trading platform have announced in a joint statement that bitcoin futures and options will be serviced through LCH Digital AssetClear, a new segregated clearing service developed by the UK-based digital asset derivatives trading platform. GFO-X and approved by the Financial
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
The investor and manager of the crypto-currency fund announced his confidence in the growth of the first cryptocurrency to $300,000, and, quite possibly, to $500,000. Dan Tapiero, in a new interview with popular crypto trader and analyst Scott Melker, revealed that he named his investment crypto fund 10T as a sign of confidence in the growth of Bitcoin capitalization to $10 trillion. And he stressed that he still believes in his prediction: “In mid-2019, when
Bloomberg reports that bankrupt cryptocurrency exchange FTX may use customer payout funds to restart its company. Sullivan & Cromwell attorney Andrew G. Dietderich told US Bankruptcy Judge John T. Dorsey that the exchange’s reopening is still under discussion. The company could also try to raise funding for a restart or scrap the entire concept, the lawyer added. In February, the law firm Sullivan & Cromwell billed FTX $13.5 million, including fees for analyzing “long-term options.”
The Central Bank of Montenegro announced the signing of an agreement with the American company Ripple and the start of work on the formation of a strategy and the launch of a pilot program for testing the state digital currency. In a joint statement to the press, the project participants made it clear that the project is planned to be implemented in several stages, including determining the areas of practical application of the future asset
The U.S. branch of cryptocurrency exchange Binance has struggled to find a bank to handle its customers’ funds. The Wall Street Journal writes about this, citing its sources. Previously, deposits were sent to either Signature Bank or Silvergate Capital. However, after both burst, the exchange is forced to look for a new banking partner. Binance.US uses at least one intermediary to hold funds, the sources say, adding that since the money is held by a