Key Points: The Danish Financial Supervisory Authority has ruled that Saxo Bank’s proprietary cryptocurrency transactions are not within the legal business scope of financial institutions. Unregulated...
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OPNX launches ‘oUSD’ credit currency for crypto margin trading
Crypto futures exchange OPNX has launched a credit currency for margin trading, according to a July 5 statement made to Cointelegraph from the exchange’s co-founder, Mark Lamb. Called “oUSD,” the curr...
A Few Thoughts On The “Putting Investors First Act Of 2023”- Part 2
I support several provisions of the bill including registration of proxy advisors with the SEC, disclosure of conflicts of interest but I am opposed to provisions that make it harder to disagree with ...
Turkey’s Inflation Recovers despite Decline in Turkish Lira
The Central Bank raised the country’s key interest rate from 8.5% to 15% last month. Despite the decline of the Turkish Lira following the re-election of President Recep Tayyip Erdogan, Turkey’s infla...
Uniswap (UNI) up 7%, Here’s Trigger
Uniswap (UNI) is strengthening its stance as the top decentralized exchange (DEX) in the Web3.0 world. A recent update from GeckoTerminal, a crypto analytics platform, showed that Uniswap V3 has inked...
Bulichella Wines: A Sip Of Suvereto
Bulichella vineyards in Suvereto, Tuscany Bulichella The Bulichella winery in Tuscany is a virtual “vintner’s blend” of both Italian and Japanese heritage and culture. The original 62-hectare estate i...
iFX EXPO: A Tour Around the World
Brought to the finance and fintech arena by Ultimate Fintech, iFX EXPO is the largest B2B exhibition worldwide. Faithfully convened every year in key financial hubs around the world, from Dubai in the...
Bitcoin Price Might Plunge To $29.2k Level Before Upcoming Bull Run
The past two days have been bearish for the Bitcoin market after experiencing a significant resistance level of around $31k. Trading around $30.3k during the early New York season on Wednesday, Bitcoi...
Twitter Competitor ‘Threads’ To Launch On July 6th
Photo illustration by Chesnot/Getty Images) Getty Images Key Takeaways Meta is launching a competitor app to Twitter called Threads, and will allow users to transfer their Instagram usernames and foll...
Is Shiba Inu (SHIB) Burn Rate an Effective Catalyst for a Massive Pump ?
59 mins ago | 2 mins read Altcoin News Despite the higher burn rate, SHIB price remains unaffected. Over the past day, SHIB has experienced a decline of 2.36%. Shiba Inu, a meme-inspired cryptocurrenc...
Danish FSA Orders Saxo Bank to Divest Crypto Holdings, Indicating Tightening Regulation
The Danish Financial Supervisory Authority (Finanstilsynet) on July 4, 2023, issued a directive to Saxo Bank, instructing the financial institution to divest its holdings in cryptoassets. This move is...
The GlenPharmer Distillery Is Making A Name For Itself In Massachusetts
Barrels of whiskey aging at the GlenPharmer Distillery. GlenPharmer Distillery Sometimes following your passion can lead you into interesting situations. Such is the case of Patrick and Beth Downing, ...
Danish authority orders Saxo bank to divest crypto holdings, citing distrust in financial system
Denmark’s Financial Supervisory Authority (FSA) ordered investment bank Saxo to divest its cryptocurrency holdings because financial institutions in the country are prohibited from crypto trading acti...
What It Means For DeFi Security and Ethereum…
In the wake of a series of high-profile security breaches plaguing the decentralized finance (DeFi) space, a proposed solution has emerged from the Ethereum community. A group of Ethereum community me...
LIN Stock Fell After Q2 Earnings Report; Buyers Losing Interest?
Linde plc’s (NYSE: LIN) stock prices slipped $2.73 on the July 3 trading session. It opened trading at $382.01, dipped to $378.16, hit a high of $382.35, and closed trading at $378.16 with an intraday...
Reserve Bank of India Explores Cross-Border Payments with Digital Rupee
The Reserve Bank of India (RBI) is actively exploring the potential of its digital currency, the digital rupee, for cross-border transactions. The RBI is in discussions with central banks from approxi...
Primex Finance Unveils Mainnet Plans, Set to Launch in September 2023
[PRESS RELEASE – Please Read Disclaimer] Non-custodial prime brokerage protocol Primex Finance is thrilled to announce the upcoming launch of its highly anticipated mainnet. With the code frozen and t...
Moderna strikes deal to develop mRNA drugs in China
Nikos Pekiaridis | Nurphoto | Getty Images Moderna on Wednesday said it struck a deal with Chinese officials to research, develop and manufacture messenger RNA medicines in the country, despite rising...
STORJ Price Is Not Out of the Woods Yet Despite 70% Increase
The Storj (STORJ) price has broken out from long- and short-term descending resistance lines, greatly accelerating its rate of increase on July 4. At one point, the price had increased by 70% in less ...
South Africa announces deadline for crypto exchange licenses
Crypto exchanges operating without a license after 30 November could invite enforcement action. 9.44% of South Africa’s total population owned cryptocurrency. South Africa has announced a deadline of ...
Major League Pickleball names new CEO, COO
Major League Pickleball is getting new leadership as it looks to capitalize on the rise of America’s fastest-growing sport at the professional level. The team-based pro pickleball league announc...
Ethereum NFT: the collection of Credit Suisse
Credit Suisse, the renowned banking institution, has joined forces with the Swiss Football Association in an innovative initiative to issue (non-fungible tokens) NFT on the Ethereum blockchain. The p...
The ASX Has Ended All Its Blockchain-Related Plans
The Australian Stock Exchange (ASX) recently engaged in an ambitious new plan to completely rebuild and revamp itself with blockchain technology, but sadly, those plans have come to a sudden end. The ...
Cameron Winklevoss slams Barry Silbert and SEC, defends poison Kool-Aid
The war between Gemini and Digital Currency Group (DCG) may be entering the endgame, although no one is likely to emerge from this fight looking like a winner. On Monday, Cameron Winklevoss—who runs G...
Zilliqa (ZIL) Notches 10% In Anticipation Of Network Upgrade
The ZIL token has seen a jump in its price over the last day in anticipation of the latest Zilliqa network upgrade. According to data by CoinMarketCap, ZIL has now gained 10.13% in the last 24 hours, ...
Solana & Algorand woes pave the way for DigiToads to surge 5x
The crypto market’s volatility has seen some tokens soar while others have been in decline. Solana and Algorand are examples of tokens that have traded downward amidst recent woes in their downtrends ...
Crypto Bank Anchorage Digital Sees 80% Jump In Assets Under Custody In Q1 2023
Key Points: Anchorage Digital has experienced a significant increase in business due to a growing demand for safer custody of assets in the crypto industry. The company reported an 80% jump in assets ...
How blockchain technology and DeFi could help solve the housing crisis
The prices of houses are sky-high all around the world, and homebuyers are feeling the pain. While affording a home has never been more difficult for many people, the ability to raise funds to constru...
South Africa Updates Crypto Exchange Licensing Rules
Crypto exchanges will be classified as financial service providers. With an estimated 6 million people in South Africa owning cryptocurrencies, South Africa’s financial regulator has updated its crypt...
Ethereum (ETH) Building Bullish Momentum, Says Analyst
Arman Shirinyan Ethereum’s barely noticeable correction could be strong signal for rally continuation Ethereum, the world’s second largest cryptocurrency by market cap, is making strides i...
Hacker gets access to cryptos worth $34B
PolyNetwork, a cross-chain bridge platform, was hacked on July 2, where the hacker could issue billions of tokens out of thin air to gain profit. Since the attack, PolyNetwork has temporarily suspende...
Solana Bulls Record 7-Day High, Liquid Staking Surge Boosts Growth
Solana’s explosive growth and rising SOL price make it a crypto powerhouse. Liquid staking fuels Solana’s success, attracting investors and boosting SOL value. Caution is advised as SOL/USD shows sign...