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iTuber Crypto News. Страница 33

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  • iTuber Crypto News

    Money transfer network Ripple says that its crypto-based settlement solution, On-Demand Liquidity (ODL), is seeing rapid growth in 2022. Ripple’s ODL solution uses the XRP to enable faster and cheaper cross-border payments without the need for pre-funded destination accounts. More info: https://bit.ly/3tRxYeA
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    Kenya is the latest country to show intent to regulate the cryptocurrency sector targeting the taxation of digital currency transactions as the industry expands. If parliament approves The Capital Markets (Amendment) Bill, it will see the government introduce an income tax regime for cryptocurrency traders, Business Daily Africa reported on November 21. More info: https://bit.ly/3tTtNyB
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    Insolvency lawyer Stephen Earel, partner at Co Cordis in Australia, said it will be an “enormous exercise” in the liquidation process to “realize” the crypto assets and then work out how to distribute the funds, with the process potentially taking years, if not “decades.” More info: https://bit.ly/3V8UQS8
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    Cardano’s ecosystem is set to take off its first fully fiat-backed, regulatory-compliant stablecoin by the end of the first quarter of 2023. The stablecoin will be called USDA and is set to create the Cardano Decentralized Finance (DeFi) ecosystem healthier and more sustainable. More info: https://bit.ly/3UUS5Ew
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    According to a new report by YTN Korea, a court has frozen the funds of Hyun-seong at the request of prosecutors. South Korean authorities have reportedly seized over $100 million from Shin Hyun-seong, the co-founder of collapsed stablecoin issuer Terra (LUNA). More info: https://bit.ly/3tKFl7h
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    Cardano developer Emurgo announced plans to issue a U.S. dollar-pegged stablecoin called USDA on the network in early 2023. USDA will be the first delivery from its Anzens product market line. Anzens is the Cardano developer’s financial services product, created to bridge crypto and real-world finance. More info: https://bit.ly/3UPZPrd
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    The approval from the Bank of Spain lets Bitstamp’s local subsidiary offer digital currency exchange services for fiat currency and electronic wallet custody services to Spanish users. Bitstamp became the 46th virtual asset provider to receive a license in Spain, following the likes of Binance and Bitpanda. More info: https://bit.ly/3ArMopm
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    Sony Interactive has finally seen publication of a U.S. patent titled “Tracking Unique In-Game Digital Assets Using Tokens on a Distributed Ledger,” which was submitted with an application date of July 2021. The abstract descriptor of the patent outlines the desire to have a mechanism that “tracking digital assets associated with video games,” which includes the likes of “in-game items or characters.” More info: https://bit.ly/3UNhznj
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    Solana NFT protocol maker Metaplex announced on Thursday that it has undergone a company-wide round of layoffs, as the contagion induced by crypto exchange FTX’s collapse last week continues to spread across the Web3 ecosystem. More info: https://bit.ly/3EJcd6O
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    The Uniswap website currently loads as a blank page when opened by some users — while others appear unaffected. Users have reported that the issue has been ongoing for more than four hours as of the time of publishing. The project’s official Discord addressed the issue, blaming Cloudflare, a tool that enables secure connections on the internet. More info: https://bit.ly/3EFy9Qg
  • iTuber Crypto News

    The username "doge" was sold on November 9 for 350,000 Toncoin (TON), which roughly equals to $546,000, making it the eighth most expensive Telegram username ever sold on the auction platform Fragment since its foundation, according to the data retrieved on November 17. More info: https://bit.ly/3V2lWub
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    El Salvador President Nayib Bukele announced on Nov.16 that the Central American nation will start purchasing BTC on a daily basis starting from Nov.17. The announcement comes nearly three months after the nation made its last BTC purchase in July 2022. More info: https://bit.ly/3TInusg
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    Gemini promises that “all customer funds held on the Gemini exchange are held 1:1 and available for withdrawal at any time.” And, apparently, they’re just temporally halting withdrawals in one of its services. Genesis Global Capital, LLC (Genesis) — the lending partner of the Gemini`s Earn program — has paused withdrawals and will not be able to meet customer redemptions within the service-level agreement (SLA) of 5 business days. More info: https://bit.ly/3UJNR2t
  • iTuber Crypto News

    According to a new tweet by Genesis Global on Nov. 16, the institutional crypto lender said it would “temporarily suspend redemptions and new loan originations in the lending business.” In explaining the decision, the firm cited “unprecedented market turmoil” related to the collapse of troubled cryptocurrency exchange FTX, resulting in “abnormal” levels of withdrawals that Genesis Global claims to have exceeded its current liquidity. More info: https://bit.ly/3GhVusw
  • iTuber Crypto News

    As Daily Mail reports, FTX’s former CEO Sam Bankman-Fried could be facing extradition. After more and more shocking details about FTX, Alameda and their leaders came to light in recent days, Bankman-Fried is facing extradition by the FBI, according to the latest reports. Already on Monday, it was revealed that the U.S. Department of Justice (DOJ) has teamed up with officials from the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) to investigate FTX’s business practices. More info: https://bit.ly/3Gljc73
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    Crypto lender BlockFi has continued to pause withdrawals amid the fallout of cryptocurrency exchange FTX, saying that they are exploring all scenarios to find the best path forward. In a blog post, the platform admitted that it continues to pause many activities due to the recent collapse of FTX and its affiliates. The company also admitted that it had “significant exposure” to FTX and its affiliated companies but insisted it has the necessary liquidity to explore all options. More info: https://bit.ly/3TGX9uD
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    The European Union is considering a ban that would prevent banks and crypto providers from dealing with cryptocurrencies that aim to enhance user privacy — commonly called "privacy coins." The plans indicate that crypto-asset providers would have to verify customers' identities for transactions under $1040 (€1000) and face further probing for larger payments. More info: https://bit.ly/3tuJCM3
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    Trezor saw its sales revenue surging 300% week-on-week and it’s still growing, Tetek reported. The platform has also recorded a significant spike in its website traffic, which increased 350% over the same period, the exec noted. More info: https://bit.ly/3TBlB0n